Ethereum Price Hits Fresh High as Bulls Dominate, Bitcoin Slides Lower
Ethereum price started a fresh increase above the $4,650 zone. ETH is now consolidating gains and might find bids near the $4,550 support. Ethereum started a fresh upward move and traded to a new all-time high. The price is trading above $4,550 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $4,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase unless there is a close below $4,550 in the near term. Ethereum Price Regains Traction Ethereum price formed a base and extended its increase above the....
Related News
Cryptocurrency markets were trading lower for a second consecutive session, leaving bitcoin and ethereum both in the red. Overall, the crypto market cap was nearly 2% lower as of writing. Bitcoin Bitcoin bulls were nowhere to be found on Thursday, as bearish pressure continued to dominate recent market sentiment. Following a high of $44,309.03 on Wednesday, BTC/USD fell below $43,000 during today’s session, and is down by over 3% as of writing. The move saw BTC hit an intraday low of $42,685.75, sending prices closer to recent support at $41,765. This drop in price comes as the....
Ethereum started a fresh increase above the key $2,000 resistance zone against the US Dollar. ETH price could correct lower, but the bulls are likely to remain active near $2,000. Ethereum is showing positive signs above the $2,000 and $2,050 support levels. The price is now well above $2,000 and the 100 hourly simple moving […]
Ethereum failed to stay above $1,900 and corrected lower against the US Dollar. ETH price is correcting gains and it seems like to might test $1,750 before a fresh increase. Ethereum is correcting lower from the $1,975 swing high and trading below $1,900. The price is now testing the $1,850 support, but it is below […]
Ethereum rallied further towards $2,250 before it faced sellers against the US Dollar. ETH price is correcting lower, but the bulls are likely to remain active near $2,000. Ethereum started a downside correction after it tested the $2,250 resistance zone. The price is still well above $2,000 and the 100 hourly simple moving average. There […]
Ethereum corrected lower below $2,100 against the US Dollar, but stayed above $2,050. ETH price is likely to start a fresh increase as long as it is above the $2,000 support. Ethereum is showing signs of a fresh increase above $2,120 and $2,150. The price is now trading nicely above the $2,080 support and the […]