TA: Ethereum Faces Hurdles, What Could Trigger Fresh Rally
Ethereum found support near $3,080 and recovered higher against the US Dollar. ETH price is now struggling to clear the $3,200 resistance and the 100 hourly SMA. Ethereum found support near $3,080 and it started a fresh upward move. The price is now facing resistance near $3,200 and the 100 hourly simple moving average. There was a break below a short-term ascending channel with support near $3,210 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue lower if it fails to stay above the $3,150 support zone. Ethereum Price Fails Near $3,200 Ethereum extended its....
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Ethereum struggled to clear $1,150 and started a fresh decline against the US Dollar. ETH price is currently trading well below the 100 hourly SMA and $1,100. Ethereum is showing a few bearish signs after getting rejected from the $1,150 resistance zone. The price is now trading well below $1,100 and the 100 hourly simple […]
Ethereum struggled to continue higher and declined below $400 against the US Dollar. ETH price is consolidating losses and it must surpass $395 for a fresh rally. ETH price corrected lower below the $400 and $392 support levels against the US Dollar. The price is trading near the $385 zone and the 100 simple moving […]
Ethereum extended its rally and it traded to a new all-time high above $3,520 against the US Dollar. ETH price is correcting gains, but it is likely to start a fresh rally above $3,400. Ethereum extended its rally above $3,500 and it traded to a new all-time high near $3,525. The price is now trading […]
Ethereum extended its decline and traded close to the $1,700 zone against the US Dollar. ETH price is recovering, but it is facing a strong resistance near $2,200. Ethereum extended its decline below the $2,000 and $1,800 support levels. The price is well below the $2,500 level and the 100 hourly simple moving average. There […]
Ethereum price started a fresh increase from the $1,900 support. ETH is now facing resistance near $2,020, above which it could accelerate higher. Ethereum found support near $1,900 and started a decent increase. The price is trading above $1,980 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance near $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a strong increase if it clears the $2,020 resistance zone. Ethereum Price Faces Hurdles This past week, Ethereum price started a downside correction from the....