TA: Ethereum Plunges to $1,550: Can Bulls Save the Day?
Ethereum corrected lower below $1,650 against the US Dollar. ETH must stay above the $1,550 support zone to avoid a sharp bearish reversal. Ethereum started a key downside correction and traded below the $1,650 level. The price is now trading below $1,650 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $1,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $1,550 support to start a fresh increase in the near term. Ethereum Price Dips Over 6% Ethereum failed to stay above the $1,750 and....
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Ethereum is down over 5% and it broke the key $350 support level against the US Dollar. ETH price is testing the $335 support and it remains at a risk of more losses. Ethereum failed to surpass the main $355 resistance zone, and declined 5%. The price is now trading near the $335 support and […]
Ethereum is down over 5% and it broke the key $350 support level against the US Dollar. ETH price is testing the $335 support and it remains at a risk of more losses. Ethereum failed to surpass the main $355 resistance zone, and declined 5%. The price is now trading near the $335 support and […]
Ethereum extended its downside correction below $2,500 against the US Dollar. ETH price is recovering higher, but it is now trading below the 100 hourly SMA. Ethereum failed to stay above the $2,500 support zone and extended its decline. The price is now trading well below $2,500 and the 100 hourly simple moving average. There […]
Ethereum started another decline below the $3,400 support zone against the US Dollar. ETH price must stay above $3,150 to avoid more losses in the near term. Ethereum started a fresh decline from the $3,500 and $3,550 resistance levels. The price is now trading below $3,300 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $3,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could a steady increase as long as it is above the $3,150 support zone. Ethereum Price is Eyeing Decent Recovery Ethereum failed to clear the....
Ethereum is struggling to gain pace above the $4,050 zone against the US Dollar. ETH price is recovering, but the bulls could face resistance near $4,175. Ethereum extended decline below the $4,050 and $4,000 support levels. The price is now trading below $4,100 and the 100 hourly simple moving average. There was a break below a connecting bullish trend line with support near $4,080 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $4,100 resistance zone and the 100 hourly SMA. Ethereum Price Struggle Continues Ethereum struggled....