Ethereum Price Cools Off, But Structure Stays Firmly Supported
Ethereum price extended gains above $2,150 before it faced sellers. ETH is now correcting gains and might find bids near the $2,080 zone. Ethereum started a decent upward move above the $2,120 zone. The price is trading above $2,100 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $2,140 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,080 resistance. Ethereum Price Aims Higher Ethereum price remained stable above $2,050 and started a decent upward move, like Bitcoin. ETH....
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Ethereum has seen some notable momentum in recent days that has allowed its price to set fresh all-time highs Each break above its previous all-time highs around $1,450 has been fleeting, however, which is a grave sign that could mean downside is imminent For now, ETH’s price action remains firmly correlated to that of Bitcoin, with the benchmark cryptocurrency seeing some turbulence that has shaken its market structure One analyst is now pointing to a […]
Ethereum continues its upward trend. The structure of the trend was not disrupted at a key level, which resulted in a new upward impulse. The upward trend continues. After a rebound from a medium-term level, Ethereum’s price has continued its upward movement. The power of that impulse is caused by the inablity of the market to form a turn to decline. If that wasn’t the case, a new flat wave would have been likely. But because the structure of the short-term upward trend was not disrupted, a flat is not going to happen. What has followed as a result is a powerful upward impulse. As long as....
Ethereum price made a major move this past week versus the US Dollar, and it remains supported as there is a crucial support on the downside. Key Highlights. Ethereum price surged higher this past week against the US Dollar and made a high of $14.22. The price remains supported as there is a bullish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX). The price may dip from the current levels, but the bulls may be able to protect the downside. Ethereum Price Trend Line. Ethereum price ETH surged higher recently versus the new dollar and we even saw a new monthly high....
Ethereum started a downside correction from $1,665 against the US Dollar. ETH could start a fresh increase if it stays above the $1,550 support. Ethereum is correcting gains from the $1,650 and $1,665 resistance levels. The price is now trading above $1,550 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $1,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $1,550 support zone. Ethereum Price Remains Supported Ethereum remained in a positive zone above the $1,450 and....
Ethereum has come under heavy selling pressure over the past few days as the broader crypto market entered a deep corrective phase. Yet, despite the volatility and widespread fear, ETH has managed to hold firmly above the key $3,000 level — a zone many analysts consider essential for maintaining the broader bullish structure. Now, as […]