Ethereum failed to continue above the $138 and $140 resistance levels against the US Dollar. As a result, ETH price declined below $130 and it is now trading in a bearish zone.Ethereum is down more than 8% and it broke the $128 support against the US Dollar.There was a key breakdown noted after the price…
Ethereum, like Bitcoin and most other major altcoins, has been firmly caught in a consolidation phase over the past few days and weeks, which has led it to stabilize around $130 as bulls and bears both attempt to take control of the cryptocurrency.One analyst is noting that there are a couple technical formations that could…
Ethereum started an upside correction above the $130 resistance against the US Dollar, similar to bitcoin. However, ETH price is facing a few key hurdles near $150 and the 100 SMA (H4).ETH price is currently trading nicely above the $120 and $125 support levels against the US Dollar.The price is likely to move higher in…
Bitcoin and the crypto market have been firmly caught in the throes of immense volatility over the past several days and weeks, with Bitcoin’s sharp swings leading altcoins like Ethereum to follow suit and incur some notable volatility.Ethereum, which recently experienced a strong upswing, has erased a portion of these recent gains, and is now…
Bitcoin saw a sharp upwards movement earlier today that allowed the cryptocurrency to surge as high as $6,900, with this rally leading major altcoins like Ethereum to follow suit and further extend the momentum that was first incurred early yesterday.Analysts are now noting that today’s rally allowed ETH to break above a key technical resistance…
Ethereum has been caught within the throes of an intense and unrelenting selloff for the past week, with its capitulatory drop seen last Thursday sending it reeling down from its position in the $200 region to lows of roughly $90.In the time since this intense plunge, the cryptocurrency has been able to rebound and recoup…
Ethereum seems to be struggling near the key $120 resistance area against the US Dollar. ETH price must climb above the 100 hourly SMA to start a strong increase in the near term.Ethereum is trading in a negative zone below the $120 resistance area against the US Dollar.The bulls are active and they made a…
Ethereum and the entire crypto market has continued trading sideways today despite the decline seen in the U.S. stock market, with Bitcoin showing some signs of breaking its correlation with the traditional markets.Analysts are now noting that the strong support Ethereum has established within the lower-$100 region may just be enough to send it higher…
Ethereum is slowly recovering and trading towards the $120 resistance against the US Dollar. ETH price could climb higher sharply if there is a clear break above $120 and $124.Ethereum is showing a few positive signs above the $110 support zone against the US Dollar.It is currently testing a major hurdle near the $120 resistance…
It has been a crazy week for Ethereum and most other major altcoins, with the cryptocurrency seeing an intense selloff last week that led it to plummet all the way down to its previous bear-market lows before it was able to find any significant support.Although ETH has since recovered from these lows, it still remains…