TA: Ethereum Key Indicators Suggest A Strengthening Case For More Losses
Ethereum declined sharply from the $1,655 resistance zone against the US Dollar. ETH is struggling and remains at a risk of more losses below the $1,450 level. Ethereum started a fresh decline after it failed to clear the $1,650 resistance zone. The price is now trading below $1,550 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,610 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate further lower below the $1,450 support zone in the near term. Ethereum Price Starts Fresh Decline Ethereum failed to....
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Ethereum is down 5% and it broke $330 and $320 support levels against the US Dollar. ETH price remains at a risk of more losses below $300 as long as it is below $340. Ethereum extended its decline below the $330 and $320 support levels. The price traded as low as $313 and it settled […]
Bitcoin price extended its rise and traded above $24,000 against the US Dollar. BTC is currently correcting lower and it could find a strong support near $23,000 or $22,780. Bitcoin rallied further and it traded to a new all-time high above the $24,000 level. The price is now correcting below $23,500, but it is well […]
Bitcoin price is holding an important support near the $11,230 level against the US Dollar. BTC is likely to rally above $11,500 as long as it is above the $11,000 pivot level. Bitcoin started a downside correction after it failed to clear the $11,600 resistance zone. The price is still trading well above the $11,000 […]
Ethereum found support near $1,760 and corrected higher against the US Dollar. ETH is now facing a major resistance near $1,850 and $1,880. Ethereum is slowly moving higher and trading above $1,800. The price is now trading below $1,880 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,905 on the hourly chart of ETH/USD (data feed via Kraken). The pair might start a fresh decline unless there is a clear move above $1,880 and $1,920. Ethereum Price Faces Resistance Ethereum extended decline below the $1,850 support zone. It even....
Ethereum’s ether started a fresh increase above $385, following bitcoin’s rise above $13,800 against the US Dollar. ETH price is likely to continue higher towards $420 and $425. Ethereum is up over 5% and it broke the key $400 resistance level. The price is now trading above $404 and the 100 hourly simple moving average. […]