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…
Ethereum (ETH) has been subjected to the heavy selling pressure that Bitcoin and other major altcoins have been facing over the past couple of days, with the intense market-wide downturn leading many analysts to flip bearish on the markets.In the near-term, it is highly probable that ETH will see some further downside, which could be…
Ethereum is down another 10% and it broke the main $230 support area against the US Dollar. ETH price is now approaching the key $205 and $200 support levels.Ethereum is down more than 25% in the past two days against the US Dollar.The price traded close to the $205 support area and it is currently…
Ethereum (ETH) has seen some intense bearish price action over the past couple of days, which has largely stemmed from the bear-favoring market structure that Bitcoin has formed in the time following its recent “flash crash” below $10,000.One top trader is now noting that he believes the cryptocurrency could see some further near-term losses, with…
Ethereum is down close to 10% and it broke the key $255 support area against the US Dollar. ETH price might continue to slide, but the $230 and $225 levels are likely to provide support.Ethereum is declining heavily and it recently broke the $255 and $250 support levels against the US Dollar.The price is now…