TA: Why Ethereum (ETH) Topside Bias Vulnerable Unless It Surges Past $2K
Ethereum is facing an uphill task near the $2,000 zone against the US Dollar. ETH price remains at a risk of a larger decline below the $1,800 support zone. Ethereum started a fresh decline after it failed to surpass the $2,000 resistance zone. The price is still trading well below the $2,000 resistance and the […]
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Ethereum started a fresh decline from the $2,850 resistance against the US Dollar. ETH price is down over 5% and it is struggling to stay above $2,420. Ethereum declined sharply after there was a clear break below the $2,650 support. The price is now well below $2,650 and the 100 hourly simple moving average. There […]
Ethereum is attempting a decent recovery wave above $2,100 against the US Dollar. ETH price could gain momentum if it settles above the $2,200 resistance zone. Ethereum is slowly moving higher above the $2,100 resistance zone. The price is now trading near the $2,150 resistance and the 100 hourly simple moving average. There was a […]
Bitcoin price is facing a couple of strong hurdles near $36,750 and $37,800 against the US Dollar. BTC could decline heavily if it breaks the $34,800 support zone. Bitcoin is struggling to gain bullish momentum above the $36,750 and $38,000 resistance levels. The price is now trading well below $38,000 and the 100 hourly simple […]
Bitcoin price made another attempt to clear $35,000, but it failed against the US Dollar. BTC is currently consolidating above the $33,000 support zone, with a few positive signs. Bitcoin is still facing a strong resistance near the $34,850 and $35,000 levels. The price is currently holding the key $33,000 support level and testing the […]
Ethereum price is slowly moving lower toward the $1,600 support against the US dollar. ETH remains at risk of more losses unless it clears $1,650 and $1,665. Ethereum is struggling to stay above the $1,600 support zone. The price is trading below $1,640 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support near $1,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,650 and $1,665 resistance levels. Ethereum Price Holds Support Ethereum made another attempt to gain strength....