TA: Ethereum Lacking Bullish Momentum, Why ETH Holders Are Safe
Ethereum started a steady increase above $3,050 against the US Dollar. ETH price could correct lower, but the bulls might remain active near $3,000 and $2,950. Ethereum extended its increase above the $3,100 and $3,150 levels. The price is now trading near $3,100 and near the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $3,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct lower towards $3,000 or even $2,950 in the near term. Ethereum Price Is Losing Pace Ethereum started a steady increase and settled....
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Ethereum follows the general sentiment in the market and trends downwards in the daily and weekly charts. After news about a confirmed FUD on China banning crypto-related operations, a portion of the market reacted negatively and created selling pressure. This sent Bitcoin and Ethereum back to their critical support zones. At the time of writing, ETH trades at $2,842 with an 8.2% and 20.4% loss in the daily and weekly charts, respectively. Ethereum technical indicators turned red as the price retraced south of the $3,000 territory with momentum in favor of the bears. However, the Relative....
Bitcoin price is showing early signs of a bullish break above $10,800 against the US Dollar. BTC could continue higher as long as it is above the 100 hourly SMA. Bitcoin is struggling to gain bullish momentum, but it slowly moved above the $10,800 resistance. The price is now above the 100 hourly simple moving […]
Ethereum is facing a strong resistance near the $600 and $602 levels against the US Dollar. ETH price must settle above $602 to start a strong increase in the near term. Ethereum climbed higher, but it is facing a strong selling interest near $600. The price is currently consolidating below the $600 resistance and above […]
Ethereum is struggling to gain pace above the $4,300 zone against the US Dollar. ETH price is correcting gains, but it might find support near $4,000. Ethereum corrected lower below the $4,220 and $4,200 support levels. The price is now trading below $4,300 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $4,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the key $4,300 resistance zone. Ethereum Price Remains Supported Ethereum struggled to gain pace above the $4,320....
Ethereum classic price after a minor recovery against Bitcoin failed, and it looks like ETC buyers are lacking momentum in the short term. Key Highlights. Ethereum classic price recovered a few points against Bitcoin recently, but failed to hold gains. There is a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), acting as a downside move catalyst. The price is also below the 100 hourly simple moving average, which is a hurdle for buyers on the upside. Ethereum Classic Price Resistance. Ethereum classic price recently traded as high as 0.00219BTC against....