TA: Ethereum Price Could Rally If It Closes Above This Key Level
Ethereum is showing positive signs above the $1,300 level against the US Dollar. ETH could rally if it clears the $1,330 and $1,350 resistance levels. Ethereum is slowly moving higher and trading above the $1,300 level. The price is now trading above $1,310 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if there is a clear move above the $1,350 resistance. Ethereum Price Remains Supported Ethereum remained well bid above the $1,250 level.....
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Ethereum price is moving higher above the $3,120 resistance zone. ETH could start a fresh rally if it clears the $3,280 resistance zone. Ethereum is recovering higher and approaching the $3,280 resistance zone. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There was a break above two connecting bearish trend lines with resistance at $3,070 and $3,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it closes above the $3,250 zone. Ethereum Price Regains Strength Ethereum price formed a base above the $2,850 level....
Ethereum extended its decline below the key $365 support against the US Dollar. ETH price is correcting higher and it must surpass $380 for to avoid another bearish wave. Ethereum started a decent upward move after it tagged the $360 level. The price is now trading nicely above the $370 level and the 100 hourly […]
Ethereum is recovering higher from the $535 support zone against the US Dollar. ETH price must surpass $580 to start a strong rally towards $600 and $620 in the near term. ETH price found support near $535 and started a steady recovery against the US Dollar. The price is currently trading above $560 and the […]
Ethereum is up 7% and it broke the $340 resistance zone against the US Dollar. ETH price is now facing a major hurdle near $350 and $355, above which it could rally significantly. Ethereum started a steady recovery wave from the $313 swing low. The price broke the $340 resistance level and the 100 hourly […]
Ethereum has been one of the cryptocurrencies that have received major support from the crypto community regardless of how the price performs in the market. Since the Ethereum Merge was completed, though, the digital asset has not performed as well as expected. ETH’s price has continuously bled out, which has led to its price relegating to the low $1,000s. As the new month begins, speculations abound on whether the cryptocurrency has what it takes to recover. Three Red Weekly Closes Along with the rest of the crypto market, Ethereum’s price has suffered bitterly at the hands of the bulls.....