TA: Ethereum Won’t Go Down Quietly: Risk of Bounce Grows
Ethereum is forming a base near the $3,660 zone against the US Dollar. ETH price is correcting higher, but a move above $3,920 is needed for upside continuation. Ethereum is forming a base near the $3,660 and $3,700 support levels. The price is still trading below $4,000 and the 100 hourly simple moving average. There was a break above a connecting bearish trend line with resistance near $3,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $3,920 resistance zone and the 100 hourly SMA. Ethereum Price Forms Base Ethereum....
Related News
Ethereum is forming a base above the $1,265 level against the US Dollar. ETH could start a steady increase if there is a clear move above the $1,300 resistance zone. Ethereum is holding the main breakdown support at $1,265. The price is now trading below $1,310 and the 100 hourly simple moving average. There is a new connecting bearish trend line forming with resistance near $1,295 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if there is a clear move above $1,300 and $1,320. Ethereum Price Remains Supported Ethereum attempted a fresh....
In a cryptocurrency ecosystem where the programmable-money juggernaut has long been Ethereum, Polkadot, a project that has been quietly developing an alternative solution since 2016, is ready to take on the blockchain world.
Key Highlights. After surging higher towards $4.30, Litecoin's price found resistance and moved down sharply to trim all its gains. A support trend line on the hourly chart (price feed from Bitfinex) was also cleared during the downside drift. However, a bullish trend line on the 4-hour chart (data feed from HitBTC) is holding the downside and may ignite an upside move. Litecoin's price was crushed this past week after it gained momentum, but it looks like it won't go down quietly and may bounce once again. Trend Line Support on 4H. There was a nice ride in the Litecoin price this past....
Bitcoin Cash price is holding the key $220 support against the US Dollar. BCH seems to be aiming for a fresh increase unless there is a move below $220. Bitcoin cash price is showing positive signs above the $220 level against the US Dollar. The price is trading above $220 and the 100 simple moving average (4 hours). There was a break below a key bullish trend line with support near $238 on the 4-hour chart of the BCH/USD pair (data feed from Kraken). The pair could start a fresh increase unless there is a move below $220. Bitcoin Cash Price Holds Support In the past few days, Bitcoin Cash....
On X, one trader going by the handle “CryptoJelleNL” is convinced that accumulating Bitcoin below $30,000 can be rewarding. The trader expects prices to not only expand towards all-time highs printed in 2021 at around $69,000 but break above $100,000 in the coming sessions. Although the analyst didn’t give timelines, the “game plan remains the same,” acknowledging that it will be a “tough mental battle” before exiting the market when BTC soars above $100,000, nearly 4X at spot rates. It is not immediately clear precisely at what price the analyst....