Ethereum Is Testing Key Support on the ETH/BTC Chart – A Parabolic Move Could...
Ethereum experienced one of the most chaotic trading days in its history last Monday, as it plunged over 30% in less than 24 hours amid escalating U.S. trade war fears. However, the market quickly rebounded after President Trump announced negotiations with Canada and Mexico, leading to a sharp recovery across crypto assets. Related Reading: Bitcoin Looks Stronger Compared To Altcoins – Demand Remains Strong As Price Consolidates In A Range Despite this rebound, Ethereum remains significantly weaker than other altcoins, raising concerns about how long this underperformance will last.....
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Ethereum price is currently under a correction mode and testing a support area versus the US Dollar. Can ETH/USD bounce sooner or later? Key Highlights. ETH price after trading as high as $13.34 versus the US Dollar traded lower and currently testing a crucial support. There is a major bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is currently acting as a support. The 100 hourly simple moving average is also currently providing support and protecting further declines. Ethereum Price Correction. Ethereum price yesterday spiked higher against the US....
Ethereum price started to correct lower after the recent upside move. ETH to continue moving down or will it recover? Key Highlights. Ethereum price started to move down against the US Dollar, and currently testing a support area. There is a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which is acting as a support area. The trend line is also around the 100 hourly simple moving average, which increases the importance of the highlighted support area. Ethereum Price Support. Ethereum price ETH after trading above the $16.00 level failed to hold gains....
Ethereum price remained below the $8.40 resistance area against the US dollar, and ETH/USD is currently testing the $7.80-90 support area. Key Highlights. ETH price made another attempt to break the $8.40 resistance area against the US Dollar, but failed. There is a bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is currently holding the downside move. The price need to stay above the $7.80 support area, else there can be more declines. Ethereum Price Support. There was an upside move in ETH price against the US Dollar to trade near the $8.40....
Popular crypto analyst and enthusiast, Doctor Profit has boldly predicted that Ethereum would see a huge parabolic move following the spot ETH ETFs launch before the year closes, which has garnered the interest of the cryptocurrency space. Ethereum Poised Major Price Rally Post-Spot ETH ETFs In the post on the X (formerly Twitter) platform, Doctor […]
Ethereum price was under a lot of bearish pressure against the US dollar, and currently the bulls are fighting around a major support. Key Highlights. Ethereum price declined heavily versus the US Dollar, but currently trading near a crucial support. There is a critical bullish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX), which may stop the downside going forward. The 100-day simple moving average is also on the downside to act as a support area. Ethereum Price Trend. Ethereum price ETH after staying above the $13.00 level against the US Dollar for some time,....