TA: Ethereum Trims Gains, Why This Level Is The Key For Fresh Increase
Ethereum failed to clear $4,400 and started a fresh decline against the US Dollar. ETH must stay above $4,120 to start a fresh increase in the near term. Ethereum started a fresh decline from the $4,440 resistance zone. The price is now trading below $4,250 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $4,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend losses if it fails to stay above the $4,120 support zone. Ethereum Price Show Bearish Signs Ethereum attempted a recovery wave above the $4,350....
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Ethereum price corrected gains from the $1,750 zone against the US dollar. ETH is holding the key $1,620 support and might start a fresh rally. Ethereum is correcting gains from the $1,755 high. The price is trading below $1,700 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support near $1,690 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a close below the $1,620 support. Ethereum Price Corrects Gains Ethereum’s price extended its increase above the $1,720 level. ETH even....
Ethereum failed to surpass $2,780 and corrected lower against the US Dollar. ETH price must stay above $2,570 to start a fresh increase in the near term. Ethereum struggled to clear the $2,780 zone and corrected gains. The price is now trading below $2,650 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $2,660 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend decline if it fails to stay above $2,570 and $2,550. Ethereum Price Corrects Lower Ethereum extended increase above the $2,700 level. ETH even....
Ethereum started a fresh increase from the $4,500 zone against the US Dollar. ETH could extend upsides towards $4,850 unless it fails to stay above the 100 hourly SMA. Ethereum started a fresh increase above the $4,600 and $4,700 levels. The price is now trading above $4,650 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $4,630 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend gains above the $4,800 resistance zone in the near term. Ethereum Price Eyes More Upsides Ethereum formed a decent support....
Ethereum started a fresh decline from the $3,450 resistance against the US Dollar. ETH price must stay above $3,200 to start a new upward move. Ethereum started a fresh decline from the $3,480 and $3,450 resistance levels. The price is now trading below $3,300 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $3,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it manages to stay above the $3,200 support zone. Ethereum Price Remains Supported Ethereum failed to gain bullish momentum....
Ethereum price started a downside correction and traded below $2,000. ETH must stay above $1,920 to start a fresh increase in the near term. Ethereum is correcting gains and testing the $1,920 support zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance near $2,000 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $2,000 resistance zone in the near term. Ethereum Price Holds Key Support After struggling to clear the $2,120 resistance, Ethereum....