TA: Ethereum Breaks Key Hurdle, Why ETH Could Extend Its Increase
Ethereum gained traction and broke the $3,400 resistance zone against the US Dollar. ETH price is showing positive signs and it could even surpass the $3,500 level. Ethereum started a decent increase above the $3,350 and $3,400 resistance levels. The price is now trading above $3,400 and the 100 hourly simple moving average. There was a break above a crucial bearish trend line with resistance near $3,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now consolidating gains and it could even surpass the $3,500 level in the near term. Ethereum Price is Eyeing More Gains....
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Ethereum started a downside correction from $1,630 against the US Dollar. ETH could extend losses if there is a clear move below the $1,480 support. Ethereum started a downside correction from the $1,630 resistance zone. The price is now trading below $1,500 and near the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its downside correction if it breaks the $1,480 support. Ethereum Price Starts Correction Ethereum attempted another increase above the $1,600....
Ethereum extended increase above the $3,050 resistance against the US Dollar. ETH price even climbed above $3,150 and might attempt a break above $3,200. Ethereum gained pace and was able to clear the $3,120 resistance. The price is now trading above $3,050 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $3,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend increase if stays above the $3,000 support zone. Ethereum Price Eyes More Gains Ethereum remained well supported above the $3,000 level and the 100....
Ethereum failed to clear a major hurdle near $3,165 against the US Dollar. ETH price is declining and it remains at a risk of a move below $2,800. Ethereum started an upside correction above $3,000, but it failed near $3,165. The price is now trading below $3,000 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $3,030 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend decline if it breaks the $2,900 support zone in the near term. Ethereum Price Is Trimming Gains Ethereum started a fresh increase from the....
Ethereum is up 3% and it is trading nicely above $400 against the US Dollar. ETH price is showing positive signs and it could rally if there is a clear break above $410. Ethereum is back above the key $400 and $402 support levels. The price is currently facing a major hurdle near $410, but […]
Ethereum extended decline below the $2,800 support zone against the US Dollar. ETH price is declining and might even trade below the $2,675 support zone. Ethereum started a downside correction below the $2,880 support zone. The price is now trading below $2,800 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $2,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend decline towards the $2,550 support if it breaks the $2,675 support. Ethereum Price Extends Decline Ethereum failed to start a fresh increase....