Ethereum Could Explode Higher if Bulls Defend This Newly Formed Support
Ethereum could be on the cusp of seeing an explosive move higher in the coming few days This notion seems rather surprising, given the weakness seen across the entire market as of late, but its price has been able to hold above one crucial level This level could act as a base for further growth in the days and weeks ahead, and ultimately put the control of its near-term trend back into the hands of […]
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Ethereum price climbed higher and there was no stopping the bulls. It looks like the bulls may attempt to take it towards the $15.00 level. Intraday Support Level can be $11.80. Intraday Resistance Level may be $13.30. Ethereum price surged higher this past week and broken every resistance that came in its way. There was a major resistance formed near $12.00 where the bears attempted a couple of times to defend it. However, at the end, the bulls succeeded and took the price above the stated level. There was a sharp upside move towards the $13.00, and the price stopped near $13.33. There is....
Ethereum has undergone a strong drop since peaking at $400 this past weekend. The leading cryptocurrency currently trades for $380, down after Bitcoin dropped from its daily highs. Analysts still think that ETH will move higher, though, citing technical trends. Ethereum Could Explode Past $400, Analysts Say Analysts remain confident about Ethereum despite recent uncertainty in the price of Bitcoin. One trader said, referencing how ETH is still holding above range supports: “I don’t short […]
Ethereum price may continue to find bids on the downside versus the US Dollar, as long as it is above the $10.80 support area. Key Highlights. Ethereum price after a minor downside move this past week against the US Dollar recovered. There is a monster contracting triangle formed on the daily chart of the ETH/USD pair (data feed via SimpleFX), which is providing support. The price may move higher in the coming days and test the upper triangle resistance. Ethereum Price Range. Ethereum price ETH was seen trading lower this past week against the US Dollar, as ETH/USD remained under a bearish....
Ethereum’s price is moving higher today alongside that of Bitcoin and the rest of the crypto market. This latest push higher has allowed ETH to re-surmount its crucial $380 level – which is the price that has determined several trends throughout the past few months. Bulls must now move to build support at this level, […]
Bitcoin has seen some mixed price action as of late, with bulls struggling to defend the cryptocurrency against a break below $40,000 as bears try to reverse its momentum The crypto’s ability to hold above this level is promising, but it remains unclear as to how long it will hold If bulls can flip this previous resistance level into support, it could prove to be a strong base for the crypto to grow upon in […]