Ethereum Price Faces Key Barriers That Could Decide the Next Market Move
Ethereum price failed to stay above $2,800 and tested $2,620. ETH is now attempting to recover but faces resistance near $2,890. Ethereum started a fresh decline after it failed to stay above $2,800. The price is trading near $2,840 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $2,720 zone. Ethereum Price Attempts Recovery Ethereum price failed to continue higher above $3,000 and started a fresh decline, like....
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Ethereum price started a recovery wave above $3,500. ETH is showing positive signs but faces hurdles near the $3,650 resistance. Ethereum started a decent upward move above $3,420 and $3,500. The price is trading above $3,550 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $3,520 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,650 zone. Ethereum Price Faces Resistance Ethereum price managed to stay above $3,250 and started a recovery wave, like Bitcoin. ETH price was able to climb....
XRP price is attempting a recovery wave above the $2.850 zone. The price now faces a couple of key hurdles near $2.920 and $2.950. XRP price is slowly moving higher above the $2.850 support zone. The price is now trading above $2.850 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.8320 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could continue to move up if it settles above $2.920. XRP Price Faces Resistance XRP price started a recovery wave after it found support above $2.720 and $2.770, like....
The price of Ethereum (ETH) showed so much strength but has been hit with resistance against Tether (USDT) as the Ethereum merge is announced. Ethereum price rallied with so much strength from a region of $1,670 to $1,924, as bulls anticipate the Ethereum merge from proof-of-work (POW) to proof-of-stake (POS). Related Reading: Will Ethereum Breach $2,000 Before The Merge? Ethereum merge is an upgrade on the Ethereum network from POW to POS so as to increase its network efficiency in transactions. (Data feeds from Binance) Ethereum Price Analysis On The Weekly Chart From the chart, the....
Ethereum price started a recovery wave above $2,850. ETH faces resistance near $3,000 and might start a fresh decline in the near term. Ethereum started a recovery wave above $2,800 and $2,850. The price is trading above $2,850 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,970 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $2,840 zone. Ethereum Price Faces Resistance Ethereum price managed to stay above $2,650 and started a recovery wave, like Bitcoin. ETH price....