After reclaiming the $130 level earlier this past week, Ethereum (ETH) is currently struggling to hold above this level as bears attempt to take full control of the aggregated cryptocurrency markets.It is important to note that ETH’s current bearishness could cut deeper in the near-term, but analysts are noting that the cryptocurrency’s current price action…
Ethereum is down around 4% from the $138 high and tested the $130 support against the US Dollar.The price is currently consolidating above the $130 support, with a few bearish signs.There is a connecting bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin failed to stay…
Despite the lackluster price action seen by Bitcoin over the past several days, Ethereum (ETH) has been able to climb back above its previous resistance level at $130 and find some decent buying pressure at this price region, which has come about after an extended period of trading sideways just above its key support level…
Ethereum is up more than 5% and it broke the $130 and $132 resistance levels against the US Dollar.The price is currently consolidating near the $135 level, with a positive bias.There is a key bullish trend line forming with support near $131 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin also surged above…
Ethereum is still trading above the $122 and $125 support levels against the US Dollar.The price could start a decent increase above the $128 and $130 resistance levels.This week’s major bearish trend line was breached with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin spiked above $7,300, but it failed…
Ethereum is slowly moving down and it recently broke the $125 support against the US Dollar.The price is now facing a couple of key hurdles near the $126 and $128 levels.Yesterday’s key bearish trend line is active with resistance near $127 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin is currently consolidating near…
Ethereum is struggling to stay above the key $125 support area against the US Dollar.A successful close below $125 could spark another bearish wave in the near term.There is a connecting bearish trend line forming with resistance near $130 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin is currently consolidating above the $7,200…
Fundamentally Ethereum has had a solid year. Granted, development has been a little delayed with certain aspects but it is the largest dApp and smart contract platform in the world so this is to be expected. Another hard fork is due in less than two weeks, but will ETH prices finally react?Ethereum Dumps AgainCrypto markets…
Ethereum (ETH) has been facing bearish price action over the past several days and weeks, which comes about concurrently with a recent and ongoing Bitcoin recovery that has allowed BTC to put significant distance between its current price and its recent lows.Ethereum’s bearishness may have been perpetuated by a violent rejection at a key multi-year…
Ethereum is correcting lower from $135 and it is trading above $125 against the US Dollar.The price is likely to remain in a positive zone as long as it is above $120.There is a breakout pattern forming with resistance near $128 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin is showing green signals…