TA: Ethereum Attempts Recovery But This Resistance Is The Key
Ethereum found support near $4,065 and started a recovery against the US Dollar. ETH could continue higher if there is a clear break above $4,350. Ethereum started a recovery wave from the $4,065 support zone. The price is now trading above $4,250 and the 100 hourly simple moving average. There is a key rising channel forming with support near $4,240 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if there is a break below $4,240 and $4,200. Ethereum Price Eyes More Downsides Ethereum found support above $4,050 and started an upside correction,....
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Ethereum price recent recovery faced sellers, and it looks like the ETH/USD pair is facing a major hurdle on the way up towards $8.00-20 Key Highlights. Ethereum price after correcting towards $8.80 against the US Dollar found resistance and traded lower. There is a crucial bearish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX), which is acting as a hurdle for more upsides. As long as the price is below it, there is a risk of more declines in the near term. Ethereum Price Resistance. It looks like it won’t be an easy task for Ethereum price to remain in control....
Ethereum recovered 4% and it climbed above the $350 pivot against the US Dollar. ETH price could still trim gains if it fails to clear the main $355 resistance zone. Ethereum started a decent recovery wave above the $345 and $350 resistance levels. The price is now well above the 100 hourly simple moving average, […]
Ethereum is likely forming a strong support base above $1,580 against the US Dollar. ETH price could recover further, but it could face a strong resistance near $1,650. Ethereum remained strong above $1,550 and started a decent recovery. The price is still well below the $1,650 resistance and the 100 hourly simple moving average. There […]
Ethereum started an upside correction from the $1,865 zone against the US Dollar. ETH price climbed above $2,000, but it is facing a strong resistance near $2,050. Ethereum tested the $1,865 zone before it started a decent recovery wave. The price is still trading well below the $2,050 resistance and the 100 hourly simple moving […]
Ethereum price is eyeing a recovery wave from $1,565 against the US Dollar. ETH could rise steadily if it settles above $1,600 and $1,620. Ethereum is attempting a recovery wave above the $1,580 level. The price is trading above $1,590 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance near $1,590 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a recovery wave if there is a close above $1,600 and $1,620. Ethereum Price Signals Recovery Ethereum’s price remained well-bid above the $1,565 level. ETH seems....