ETH price started a sharp downside correction after trading as high as $198 against the US Dollar. The price is currently holding an important support area near the $180 level. There was a break below a major bullish trend line with support near $188 on the 4-hours chart of ETH/USD (data feed via Kraken). The…
Ethereum’s recently incurred upwards momentum has faltered after Bitcoin and the aggregated crypto markets hit a massive level of resistance overnight that shifted the tides and sparked a short-term downtrend. Multiple analysts are now noting that Ethereum may soon target significantly lower lows, which could mean that the recent uptrend was simply a flash in…
Ethereum surged yesterday and front-ran the jump that occurred in the aggregated crypto markets, with this latest price action marking an extension of the upwards momentum that was incurred earlier this week when ETH and multiple other altcoins posted significant gains. Ethereum’s recent price action may have further bolstered its newfound bullishness, which could mean…
Ethereum (ETH) has surged today, marking an extension of the upwards momentum that it incurred earlier this week when the crypto surged nearly 7% after Bitcoin posted a strong bounce at its range lows of roughly $7,800. This bullishness appears to be lifting the aggregated crypto markets, and it is highly probable that further ETH…
Ethereum (ETH) and the aggregated crypto markets have lost the upwards momentum that they incurred yesterday as Bitcoin failed to move past its near-term resistance level that exists around $8,400. Despite today’s slowdown in the aggregated markets, analysts are now noting that Ethereum may be forming a bullish bottom formation that could give it significantly…
ETH price is climbing higher and it recently broke the $175 and $180 resistances against the US Dollar. The price is currently trading near a crucial resistance area at $185 and $186. There was a break above a key bearish trend line with resistance near $175 on the hourly chart of ETH/USD (data feed via…
Ethereum’s price action has been closely tracking that of Bitcoin and the aggregated crypto markets, but its recent downtrend may not have been simply the result of weak price action, as data suggests that ICOs have been selling a significant amount of their ETH in recent times. The treasury sale of ETH from ICOs could…
ETH price started trading in a range after it failed to surpass the $185 resistance against the US Dollar. The price is currently trading below the key $180 and $185 resistance levels. There is a key contracting triangle forming with resistance near $180 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair…
Ethereum (ETH) has been closely tracking the price action of Bitcoin and most other major altcoins over the past several days, but it appears that it is beginning to establish its own momentum as it climbs towards $180. It is important to note that analysts are warning investors to not get too excited about this…
After attempting to move higher yesterday, Ethereum (ETH) has once again faced an influx of selling pressure that has thwarted the potential rally that some analysts and investors were previously eying as a strong possibility. Analysts are now noting that Ethereum may face further selling pressure in the near-term, but they are also noting that…