Ethereum Price Reaches Resistance — Breakout Could Signal Fresh Upside Leg

Ethereum price started a fresh increase above $4,550. ETH is now consolidating and might attempt to clear the $4,640 resistance. Ethereum is now recovering higher above the $4,580 zone. The price is trading above $4,600 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $4,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,620 and $4,640. Ethereum Price Eyes Upside Break Ethereum price formed a base above $4,420 and started a recovery wave, like Bitcoin. ETH....

Ethereum price started a fresh decline below $4,620. ETH is now trading below $4,620 and might extend losses if it stays below $4,585. Ethereum is now correcting gains below the $4,620 zone. The price is trading below $4,600 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,580 and $4,620. Ethereum Price Faces Hurdles Ethereum price started a fresh decline after it failed to stay above the $4,650 zone, like Bitcoin. ETH....

Ethereum struggled to gain pace above the $2,000 resistance against the US Dollar. ETH is correcting lower, but dips might be limited below the $1,900 zone. Ethereum started a downside correction from the $2,000 resistance zone. The price is still trading above $1,900 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,905 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above $1,900 and the 100 hourly SMA. Ethereum Price Reaches Key Support Ethereum attempted an upside break above....

Ethereum is consolidating gains near the $3,580 resistance zone against the US Dollar. ETH price could start a fresh rally if it clears the $600 level. Ethereum remained in a positive zone above the $3,500 and $3,550 resistance levels. The price is now trading above $3,520 and the 100 hourly simple moving average. There is a key breakout pattern forming with resistance near $3,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it clears the $580 and $600 levels in the near term. Ethereum Price is Eyeing More Gains Ethereum was able to settle....

Ethereum started an upside correction from $2,200 against the US Dollar. ETH might gain bullish momentum if it clears the $2,400 resistance zone. Ethereum started an upside correction above $2,300 and $2,320. The price is still trading below $2,400 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,385 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a steady recovery wave if there is a close above $2,400 and $2,450. Ethereum Price Faces Breakout Resistance Ethereum extended its decline below the $2,400....