TA: Ethereum Near Make-or-Break Levels, Why There’s Risk of Sharp Decline
Ethereum’s ether traded below the $388 and $380 support levels against the US Dollar. ETH price is now testing $372 and it remains at a risk of more downsides. Ethereum extended its decline below the $392 and $388 support levels. The price is now trading well below $380 and the 100 hourly simple moving average. […]
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Ethereum faced a strong rejection above $380 against the US Dollar. ETH price is now at a risk of a sharp decline if it breaks the key $365 support in the near term. Ethereum struggled to gain momentum above the $380 and $382 levels. The price declined sharply below the 100 hourly simple moving average, […]
Ethereum is currently consolidating losses below the $350 pivot against the US Dollar. ETH price remains at a risk of a sharp decline unless it surges past $345 and $350. Ethereum traded as low as $333 and it is currently consolidating losses. The price is facing a major resistance near $345 and the 100 hourly […]
Ethereum started a strong decline and traded below $2,500 against the US Dollar. ETH price is diving and remains at a risk of more downsides below $2,200. Ethereum started a major decline after it failed to surpass 2,750. The price is now trading below $2,500 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $2,680 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,500 level. Ethereum Price Extends Decline Ethereum attempted an upside break above the $2,750 level,....
Ethereum extended decline below the $3,000 support zone against the US Dollar. ETH price could extend losses towards the $2,650 support in the near term. Ethereum extended decline below the $3,050 and $3,000 support levels. The price is trading below $3,000 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if there is a clear move below the $2,800 support zone. Ethereum Price Dives 8% Ethereum failed to gain strength above the $3,250 level....
Ethereum extended decline below the $3,200 support zone against the US Dollar. ETH price remains at a risk of a sharp decline below $3,000. Ethereum extended decline below the $3,200 and $3,150 support levels. The price is trading below $3,200 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $3,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $3,120 and $3,150 resistance levels. Ethereum Price Faces Resistance Ethereum extended decline below the $3,200 support zone.....