TA: Ethereum Gains Momentum, Why Bulls Could Aim More Upsides
Ethereum started a fresh increase above $4,200 against the US Dollar. ETH could gain pace if there is a clear break above $4,250 in the near term. Ethereum was able to climb above the $4,150 and $4,200 resistance levels. The price is now trading above $4,120 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $4,180 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $4,250 and $4,260 resistance levels. Ethereum Price Could Rise Further Ethereum started a from increase from the....
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Ethereum price has moved up on its chart over the last 24 hours. The altcoin witnessed a 4% growth in the same time frame. This has pushed the price of the altcoin closer to the immediate resistance. Once the Ethereum price moves above the closest resistance level, the bulls could definitely take control of the market. Technical indicators of the altcoin have pointed towards bullish signals. However, it is too soon to say if the bulls will remain on the chart over the next trading sessions. Bitcoin price also logged minor gains, which have turned certain altcoins green over the last 24....
Ethereum price may gain further in the short term. ETH bulls have to break the 100 SMA resistance area for a move towards $10.50. Ethereum price ETH gained traction recently against the US Dollar and managed to climb above a major resistance area of $8.50. During the upside move, ETH/USD also broke a bearish trend line on the 4-hours chart (data feed via Kraken) to set the pace for more gains. However, the upside was stalled near the 100 simple moving average (H4 chart), which is currently acting as a barrier and preventing gains. If the price has to gain more strength, then ETH bulls have....
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 gained pace above the $1,600 resistance against the US Dollar. ETH is showing positive signs and might even clear the $1,700 resistance. Ethereum started a major increase and settled above the $1,600 level. The price is now trading above $1,650 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $1,655 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear $1,700 to continue higher towards $1,735 in the near term. Ethereum Price Gains Momentum Ethereum formed a base and started a major increase above....
Ethereum started a fresh increase above the $1,600 resistance against the US Dollar. ETH is gaining pace and might rise further towards the $1,650 level. Ethereum remained well supported above the $1,480 zone. The price is now trading above $1,550 and the 100 hourly simple moving average. There is a key rising channel forming with support near $1,510 on the hourly chart of ETH/USD (data feed via Kraken). The pair is eyeing more gains above the $1,620 and $1,625 resistance levels. Ethereum Price Gains Pace Ethereum attempted an upside break above the $1,605 level, but struggled. There was a....