TA: Ethereum Holds Key Support, Why ETH Must Clear This Hurdle
Ethereum is still above the $1,720 support against the US Dollar. ETH must clear $1,820 and $1,850 to start a steady increase in the near term. Ethereum is still above the main $1,720 support zone. The price is now trading below $1,800 and the 100 hourly simple moving average. There is a crucial bearish trend line forming with resistance near $1,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair might start a strong increase if there is a clear move above $1,820 and $1,850. Ethereum Price Tests Key Support Ethereum attempted a fresh increase above the $1,820 resistance....
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Ethereum price is consolidating near the $3,000 zone. ETH could start a decent recovery wave if it clears the $3,100 and $3,200 resistance levels. Ethereum is struggling to recover above the $3,100 resistance zone. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $3,035 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another decline if it stays below the $3,100 resistance zone. Ethereum Price Holds Ground Ethereum price slowly moved lower after it failed to clear the $3,200....
Ethereum is holding the $2,500 support zone against the US Dollar. ETH price could rise towards the $2,750 level unless there is a move below $2,450. Ethereum managed to stay above the $2,480 and $2,500 support levels. The price is still trading below $2,550 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent increase if there is a clear move above $2,550 and $2,600. Ethereum Price Holds Support Ethereum attempted an upside break above the $2,640 and....
Ethereum price managed to stay in a positive zone against the US Dollar, and it looks like we can witness a break in ETH/USD moving ahead. Key Highlights. ETH price remained above a major support area versus the US Dollar and currently positioning for a break. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is still in play and may provide us the next break. On the downside, the $11.45-50 support holds the key and must prevent a downside move. Ethereum Price Support. Ethereum price ETH yesterday managed to hold the ground versus the US....
Ethereum price is slowly moving higher toward the $1,850 resistance against the US dollar. ETH must clear $1,820 and $1,850 to continue higher. Ethereum is still facing a major hurdle near the $1,850 zone. The price is trading above $1,780 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support near $1,790 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it clears the $1,820 resistance. Ethereum Price Eyes Fresh Increase Ethereum remained in a range below the $1,850 resistance. There was a minor decline, but....