TA: Ethereum Could Avoid a Major Drop if it Closes Above One Key Level
Ethereum reacted to the downside and retested $4,050 against the US Dollar. ETH must recover above $4,250 and $4,300 to start a steady recovery wave. Ethereum started a fresh decline from the $4,350 resistance zone. The price is now trading below $4,250 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $4,210 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it fails to stay above the $4,050 support zone. Ethereum Price Is Facing Hurdles Ethereum attempted a recovery wave above the $4,300 resistance....
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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 extended decline below the $2,500 support zone against the US Dollar. ETH price is recovering, but it must clear $2,680 to start a decent increase. Ethereum extended decline below the $2,500 support before correcting higher. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a steady recovery wave if it clears $2,600 and $2,680. Ethereum Price Faces Hurdle Ethereum remained in a bearish zone below the $2,650....
Ethereum declined heavily below the $3,250 support against the US Dollar. ETH price tested $3,000 before it attempted an upside correction. Ethereum started another decline and traded below the $3,150 support zone. The price is trading below $3,250 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $3,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a major recovery wave if there is a clear move above $3,300. Ethereum Price Remains At Risk Ethereum failed to clear the $3,350 resistance level and....
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 slowly moving lower below $1,900 against the US Dollar. ETH must stay above $1,850 to avoid more losses in the near term. Ethereum started a downside correction below the $1,920 level. The price is now trading below $1,920 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $1,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to decline if it stays below $1,900 and $1,950. Ethereum Price Faces Resistance Ethereum started a downside correction from well above the $2,000 resistance zone. ETH....