Ethereum Price Tracks Bitcoin Rally, Targets Crucial Break Higher
Ethereum price started a fresh increase and remained stable above $2,350. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,350 zone. The price is trading above $2,365 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,320 zone. Ethereum Price Aims for Fresh Gains Ethereum price managed to stay above the $2,300 support and started a fresh increase, like....
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Ethereum has recently started to break higher against Bitcoin. ETH is up around 15% against BTC over the past week. Its rally has shown analysts that there may be a time for altcoins to rally in the coming weeks or months. Key technical signs show that Ethereum will continue to rally against Bitcoin. Ethereum Is Poised to Break Higher Against Bitcoin, Key Technicals Show Ethereum has recently started to break higher against Bitcoin. Prior to […]
Crypto analyst Kartik has revealed a technical pattern that has formed for the Ethereum price, indicating a possible breakout may be on the horizon. The analyst further revealed the new targets that have emerged for ETH due to the bullish pattern. Ethereum Price Forms Flag And Pole Pattern In a TradingView post, Kartik revealed that the Ethereum price had formed a flag and pole pattern, indicating that ETH could be set for a breakout. The analyst noted that this pattern has formed while Ethereum is currently on a downtrend from the $4,100 resistance level. In line with this, he revealed....
Ethereum price spiked higher to trade above $5.50. There was a classic bullish break noted on the hourly chart calling for more upside moves. Intraday Support Level can be $5.40. Intraday Resistance Level may be $5.90. Ethereum price looks like recovered well after forming a base near the $3.30-00 support area. Buyers gained control in taking the price higher in the short term. Yesterday, I highlighted a bearish trend line on the hourly chart (data feed via Kraken), which was supposed to play a crucial role for both buyers and sellers. It looks like buyers had an upper hand in taking the....
Ethereum classic price managed to find bids near 0.0025BTC and started a recovery against Bitcoin. Can it continue moving higher? Key Highlights. Ethereum classic price started trading higher against Bitcoin, and may present buyers an opportunity soon. This week’s highlighted crucial bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) was broken recently to clear the way for more gains. The price is back at 0.0035BTC, which is currently acting as a resistance. Ethereum Classic Price Break. Ethereum classic price ETC managed to gain traction around the recent low of....
Ethereum Price Key Highlights. Ethereum price finally managed to break an important resistance around 0.00390BTC-0.0040BTC. It also cleared a bearish trend line formed on the hourly chart, which can be seen as a positive sign. The only question is whether this is a real break or not and can the price continue trading higher. Ethereum price spiked higher Intraday, and broke a resistance trend line as highlighted in yesterday's post. Can it be broken? The Ethereum price after struggling for some time to break a crucial bearish trend line formed on the hourly chart managed to gain traction.....