Ethereum Broke Major Hurdle, Why ETH Could Soon Test $1,420

Ethereum price dived sharply during the past two sessions. ETH/USD broke a major support, which may now act as a sell zone. Ethereum price ETH failed to move higher during the past couple of sessions against the US Dollar and traded lower. Yesterday, I highlighted contracting triangle pattern on the hourly chart (data feed via Kraken) of ETH/USD, and was looking for a break. The price instead of moving higher, moved down and broke a major support area of $8.00-$7.80. The price traded as low as $7.26, and attempted a recovery once. However, ETH found offers near the 23.6% Fib retracement....

Ethereum gained bullish momentum and broke the $550 resistance against the US Dollar. ETH price is up over 8% and it seems like the bulls are aiming $600 or $620. Ethereum started a fresh increase after it broke the $530 resistance level. The price surpassed a major hurdle at $550 and the 100 hourly simple […]

Ethereum is up 7% and it broke the $340 resistance zone against the US Dollar. ETH price is now facing a major hurdle near $350 and $355, above which it could rally significantly. Ethereum started a steady recovery wave from the $313 swing low. The price broke the $340 resistance level and the 100 hourly […]

Ethereum is currently correcting higher above $350 against the US Dollar. ETH price is now trading near a major hurdle at $355 and it might start a fresh decline. Ethereum is up close to 2% and it broke the $350 resistance zone. The price is currently trading above the 100 hourly simple moving average, but […]

Ethereum surged over 25% and it even broke $1,000 against the US Dollar. ETH price is trading in a strong uptrend and the monthly chart suggests a test of $1,200 in the near term. Ethereum is surging and it broke many hurdles near $800 and $900. The price is now trading above the $1,000 level […]