Ethereum Price Dips Below $2,500: Investors Eye Key Support Levels
Ethereum price started a fresh decline below the $2,550 zone. ETH is now showing a few bearish signs below the $2,500 pivot level. Ethereum started a fresh decline below the $2,550 level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break below a key rising channel with support at $2,610 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it trades below the $2,400 support zone in the near term. Ethereum Price Consolidates Losses Ethereum price started a fresh decline after it failed to surpass $2,650, like....
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Ethereum continues to struggle after falling below $3,000. This price point was critical for bulls to hold and ever since bears dragged the price below it, it has been a continuous display of dips and crashes. For a cryptocurrency like Ethereum, there are resistance and support levels that are very important for the digital asset. One of those support levels sits just above $2,500. So far, the digital asset has managed to maintain above this point. This shows that bulls are mounting significant support. However, with momentum falling and selling pressure up, it remains shaky at this point.....
Ethereum broke the major $1,750 and $1,710 support levels against the US Dollar. ETH price is likely to continue lower below the $1,660 and $1,650 support levels. Ethereum failed to stay above the key $1,750 and $1,710 support levels. The price is currently trading well below $1,710 and the 100 hourly simple moving average. There […]
Ethereum price showed more positive signs, and traded higher. Can it continue to trade higher and can we buy more? Key Highlights. Ethereum price continued to trade higher against the US Dollar, and posted yet another break. Yesterday’s idea of buying dips in the ETH/USD pair worked, as it moved higher. There is a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which can be considered as a support area on the downside. Ethereum Price Buy. Ethereum price ETH regained traction against the US Dollar, as there were more upsides noted. The price broke a couple....
Ethereum extended its decline below the $2,000 support against the US Dollar. ETH price is now consolidating losses and it could start a fresh increase if it clears $2,010. Ethereum extended its decline below the $2,050 and $2,000 support levels. The price is now trading well below $2,050 and the 100 hourly simple moving average. […]
Ethereum price traded higher versus the US Dollar and my buy dips idea presented yesterday is playing well in the short term. Key Highlights. ETH price surged higher towards $13.20 against the US Dollar to form an uptrend. There is a bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which may act as a support zone if the pair corrects lower. Buying dips remain a good option for ETH, as long as the price remains supported. Ethereum Price Support. Ethereum price climbed a few points higher during the past 24 hours against the US Dollar to set a high of....