Ethereum Gathers Strength — Upside Breakout Could Confirm Recovery Phase
Ethereum price started a recovery wave from $3,700. ETH is moving higher but faces a couple of key hurdles near $3,900 and $3,955. Ethereum started a fresh recovery above $3,780 and $3,820. The price is trading above $3,850 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $3,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it trades above $3,920. Ethereum Price Eyes Upside Break Ethereum price started a minor recovery wave from the $3,710 zone, like Bitcoin. ETH price surpassed the $3,800 and....
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Ethereum has shown signs of strength after completing a healthy pullback. Having met and retested its $4,811 target, ETH is now holding firm, suggesting the correction phase may be over. If buyers regain control, the path could open for a powerful rally in the near term. Ethereum Pulls Back, But Bullish Signals Confirm Strength Javon Marks, in his most recent update, emphasized that ETH reached the $4,811.71 target before entering a pullback phase. Despite the temporary dip, bullish signals have re-emerged, indicating that ETH has regained strength and could soon retest this important....
Ethereum has seen some weak price action as it fails to surpass the resistance zone from $470 to $490. Analysts suggest that the cryptocurrency should reclaim the $470 support to confirm more upside. There are “monstrous sell walls” on Coinbase’s ETH market that could limit upside moving forward. It also appears that there are a large number of traders on Huobi that are expecting Ethereum to move lower moving forward. Ethereum Must Secure $470 to […]
Ethereum price is currently attempting to recover against the US Dollar as ETH/USD faces a major hurdle on the upside at $10.10. Key Highlights. ETH price after declining towards $9.44 against the US Dollar found support. The price is currently recovering, and facing sellers near a bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD. The ETH buyers need an encouragement in gaining strength to overcome hurdles on the upside. Ethereum Price Resistance. This past week we saw how there was a decline in ETH price from the $10.80 level to $9.50 area against the US....
Ethereum price started a fresh increase from the $4,240 zone. ETH is now consolidating and might aim for more gains if it clears $4,400. Ethereum is now eyeing an upside break above the $4,400 zone. The price is trading above $4,320 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $4,330 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it settles above $4,380 and $4,400. Ethereum Price Eyes Upside Break Ethereum price started a recovery wave after it formed a base above the $4,220....
Ethereum started an upside correction from $2,200 against the US Dollar. ETH might gain bullish momentum if it clears the $2,400 resistance zone. Ethereum started an upside correction above $2,300 and $2,320. The price is still trading below $2,400 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,385 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a steady recovery wave if there is a close above $2,400 and $2,450. Ethereum Price Faces Breakout Resistance Ethereum extended its decline below the $2,400....