Ethereum Price Recovery May Stall Near 100-SMA: Is a Drop Coming?
Ethereum price is attempting a recovery wave above $2,280. ETH must clear the $2,360 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,150 zone. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,280 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,360 resistance to continue higher in the near term. Ethereum Price Faces Resistance Ethereum price attempted a recovery wave above the $2,400 level. However, ETH failed....
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Ethereum could drop even lower than it has over the past few weeks as it faces strong resistance. Analysts say that the crypto asset is vulnerable to a drop under $300 in the coming weeks. The asset is running up against critical resistances around $360-375. The coin will need to surmount this region, then hold it if it is to confirm more upside. Ethereum Could Soon Drop Under $300, Analysts Fear Ethereum is primed to […]
Ethereum classic price after diving yesterday found support at 0.0035BTC. Can ETC recover in the near term or will it move down? Key Highlights. Ethereum classic price collapsed against Bitcoin, as I was thinking and traded as low as 0.0035BTC. There was a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which was cleared recently to ignite a recovery. A recovery in ETC may not be easy, as buyers may face a lot of sellers on the upside. Ethereum Classic Price Resistance. Ethereum classic price ETC continued to move down against Bitcoin yesterday, and....
Ethereum Price Key Highlights. Ethereum price continued to move lower, as sellers remained in control. The price declined heavily and traded as low as 0.00157BTC where it found buyers. There is a monster resistance formed near 0.00184BTC where sellers are likely to appear one more time. Ethereum price remained under the bearish pressure, and it is likely that it might continue to move lower in the near term. Sell Rallies? The Ethereum price decline was the highlight recently, as there was almost no stopping the sellers. The price fell and traded as low as 0.00157BTC where buyers barely....
BTC price ranges below 50 and 200 EMA on the daily timeframe. Price continues to range in an asymmetric triangle during the four-hourly timeframe. BTC price closes the week bearish for two weeks as the price gets stuck between bulls and bears. The price of Bitcoin (BTC) has seen more of a drawback than a rosy state this month as prices continue to decline against tether (USDT). September wasn’t a good month for the price of Bitcoin (BTC) as the market continued to stall in its movement to the upside. The statistics from the coupled Consumer Price Index (CPI) and Federal Open....
Ethereum has undergone a 6% drop over the past 24 hours in the face of the stock drop. The Dow Jones is down 3% during Monday’s trading session. Analysts think ETH could bounce, though, as the coin has recovered to $390. One analyst noted that the coin is now trading above the pivotal swing level at $390. Ethereum holding above that level is expected to trigger a recovery towards the $422 weekly highs as aforementioned. […]