TA: Ethereum Recovery Could Soon Fade If ETH Fails To Surpass $4k
Ethereum is forming a base above the $3,850 zone against the US Dollar. ETH price could start a fresh increase if there is a clear break above the $4,000 resistance. Ethereum is struggling to gain pace above the $4,000 resistance zone. The price is trading below $3,950 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $3,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $3,850 support zone. Ethereum Price Remains Stable Ethereum started a steady recovery wave above....
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Ethereum is slowly rising and trading well above $375 against the US Dollar. ETH price must clear the $385 resistance to continue higher in the near term. Ethereum gained pace after it broke the $375 resistance level. The price tested the $385 resistance and it is now trading the 100 hourly simple moving average. There […]
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Ethereum started a fresh decline from the $1,350 resistance against the US Dollar. ETH retested $1,255 and remains at a risk of more losses. Ethereum started another decline after it failed to clear the $1,375 zone. The price is now trading below $1,320 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline sharply if it stays below the $1,350 level for a long time. Ethereum Price Turns Red Ethereum failed to gain pace above the $1,350 resistance zone. ETH....
Ethereum is slowly moving lower below $1,300 against the US Dollar. ETH remains at a risk of major decline if it stays below $1,400 for a long time. Ethereum started a fresh decline after it failed to clear the $1,350 resistance. The price is now trading below $1,320 and the 100 hourly simple moving average. There was a break below a key bullish trend line with support near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bearish momentum if it breaks the $1,265 support zone. Ethereum Price Grinds Lower Ethereum attempted a fresh increase above the $1,350....