Ethereum Price Consolidates at Support—Will It Fuel the Next Move?
Ethereum price is consolidating above the $2,500 zone. ETH might gain bullish momentum if it clears the $2,700 resistance zone. Ethereum started a fresh decline below the $2,650 level. The price is trading below $2,680 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,690 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,700 and $2,735. Ethereum Price Eyes Upside Break Ethereum price started a fresh decline below the $2,800 support zone, like Bitcoin. ETH....
Related News
Ethereum extended its rally and it traded to a new all-time high near $2,800 against the US Dollar. ETH price is correcting gains, but dips are likely to be supported near $2,650. Ethereum remained well bid and it even climbed towards the $2,800 level. The price is now trading well above $2,700 and the 100 […]
Ethereum cleared the $600 resistance level and tested the $625 zone against the US Dollar. ETH price is consolidating above $600 and likely setting up for the next move. Ethereum settled above the key $600 resistance level and climbed towards $625. The price is currently consolidating near the $600 support and the 100 hourly simple […]
Ethereum announced the beginning of its 42-day presale for Ether, the crypto-units which will fuel its distributed application software platform. Ethereum will acquire the Ether through a premine. Due to the controversial nature of premines, Ethereum will likely face competition from forks once the project source code is released. Ether, the Fuel of the Ethereum Project, Is Available for Pre-Order. Earlier today, Ethereum began its official 42-day Ether presale. The developers are selling the Ether through a fixed-price model. Initially, 1 bitcoin will purchase 2,000 ETH, but that number....
Bitcoin today blasted through local resistance and set an all-time high price record. The powerful move came after a short-lived drop downward yesterday, providing enough short-sellers to pose as fuel to push prices higher. What also contributed to the “rocket fuel” was a sudden increase of stablecoins, which whales are finally taking full advantage of […]
Ethereum is still consolidating above $1,750 and $1,710 against the US Dollar. ETH price could soon either rally above the $1,850 resistance or dive towards the $1,550 support. Ethereum is holding the key $1,750 and $1,710 support levels. The price is currently trading below $1,800 and the 100 hourly simple moving average. There is a […]