TA: Ethereum Starts Recovery, Why ETH Could Face Resistance Near $1,250
Ethereum declined close to 20% and it tested the $1,050 zone against the US Dollar. ETH price is currently recovering, but it might struggle near $1,200 and $1,250. Ethereum declined heavily after it broke the $1,250 and $1,200 support levels. The price is now correcting losses from $1,042, but it is well below the 100 […]
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Ethereum is likely forming a strong support base above $1,580 against the US Dollar. ETH price could recover further, but it could face a strong resistance near $1,650. Ethereum remained strong above $1,550 and started a decent recovery. The price is still well below the $1,650 resistance and the 100 hourly simple moving average. There […]
Ethereum dived towards the $1,700 level before it started a strong recovery against the US Dollar. ETH price is back above $2,000, but it is likely to face hurdles near $2,060. Ethereum extended its decline below $1,800 before it started a steady recovery. The price is still trading below $2,100 and the 100 hourly simple […]
Ethereum price seems to be forming a base above the $2,820 level. ETH could break the $3,160 resistance and rise toward the $3,320 resistance. Ethereum is consolidating losses above the $2,880 level. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance near $2,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a close above the $3,160 resistance. Ethereum Price Eyes More Upsides Ethereum price retested the $2,820 support zone. ETH seems to be....
Ethereum price started a recovery wave from the $3,220 support. ETH is now recovering some losses and might rise if it clears the $3,550 resistance. Ethereum started a fresh increase above the $3,350 zone. The price is trading above $3,420 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,425 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if it clears the $3,520 and $3,550 resistance levels. Ethereum Price Starts Recovery Ethereum price remained stable above $3,220 and started a....
Ethereum price is eyeing a recovery wave from $1,565 against the US Dollar. ETH could rise steadily if it settles above $1,600 and $1,620. Ethereum is attempting a recovery wave above the $1,580 level. The price is trading above $1,590 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance near $1,590 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a recovery wave if there is a close above $1,600 and $1,620. Ethereum Price Signals Recovery Ethereum’s price remained well-bid above the $1,565 level. ETH seems....