Ethereum is extended its decline below the $200 support area against the US Dollar. ETH price traded as low as $188 and it is currently correcting higher towards $205 and $208.Ethereum is currently recovering losses from the $188 monthly low against the US Dollar.The price is likely to face a lot of hurdles on the…
Sorry bulls, but it might just be game over for Ethereum. The cryptocurrency’s intense uptrend seen in early-February has now been fully erased by the selloff seen over the past couple of days, which has shifted its market structure to be highly bearish.This has led one top analyst to note that Ethereum has just dipped…
Ethereum failed to continue higher above the $252 resistance and declined against the US Dollar, similar to bitcoin. However, ETH price is now trading near a key uptrend support.ETH price is down 5% and it is now trading below the $235 level against the US Dollar.The price struggled to gain strength above $250 and declined…
Although Bitcoin has continued its extended period of rangebound trading, it is important to note that Ethereum (ETH) has been able to see further upwards momentum today, with the cryptocurrency rallying past key resistance as its market structure shapes up to be highly bullish.Analysts are now noting that the cryptocurrency may have established a mid-term…
Ethereum is trading below the key $235 resistance area against the US Dollar. ETH price seems to be forming a strong support above $220 and it could soon rally above $235.Ethereum is likely forming a bottoming pattern above the $220 level against the US Dollar.The price could gain bullish momentum once there is a clear…
Ethereum’s parabolic uptrend seen in the early part of February ultimately allowed ETH to climb to highs of $290 before it lost its momentum, with the recent turbulence seen by Bitcoin and the aggregated market leading it to plummet into the lower-$200 region.Although ETH has erased nearly all of the gains it incurred throughout the…
The aggregated crypto market has found itself caught within a firm bout of sideways trading over the past couple of days, with Bitcoin hovering around $8,800 while Ethereum (ETH) and other major altcoins have all started drifting lower.In the near-term, analysts are noting that Ethereum’s technical situation is actually quite weak, meaning that the crypto…
Ethereum is currently consolidating above the $212 support area against the US Dollar. ETH price must climb above $228 and $238 to start a strong recovery in the near term.Ethereum is showing a few positive signs above the $212 level against the US Dollar.The price is likely to retest $228, which is the first major…
As Bitcoin and the aggregated cryptocurrency market face dire selling pressure, major altcoins like Ethereum (ETH) have been caught within firm downtrends that have cut significantly into the recent gains they incurred throughout the course of their intense 2020 uptrends.Analysts are now noting that ETH is positioned to see significantly further losses in the near-term,…
Ethereum decline to a new 3-week low at $208 against the US Dollar, similar to bitcoin. ETH price could correct higher in the short term, but upsides are likely to remain capped near $242.ETH price is currently showing a few recovery signs from the $208 low against the US Dollar.The price is now trading above…