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…
ETH price is currently under pressure and is trading below the $175 level against the US Dollar. The price is trading above the $170 support area, but it is struggling to climb higher. There is a major contracting triangle forming with support near $170 on the hourly chart of ETH/USD (data feed via Kraken). A…
ETH price is showing positive signs above the $172 and $170 support levels against the US Dollar. The price is currently trading near $180 and it might soon retest the $185 resistance area. Yesterday’s highlighted key bullish trend line is active with support near $172 on the hourly chart of ETH/USD (data feed via Kraken).…
Ethereum has faced a bout of consolidation today as the aggregated crypto markets continue to attempt to determine which direction they will move next, and it is highly probable that in the near-term most major altcoins like ETH will closely track Bitcoin’s price action. Analysts are currently noting that Ethereum may soon incur significant upwards…
ETH price started an upside correction and tested the $185 resistance against the US Dollar. The price is currently correcting lower, but it remains supported near $175 and $172. There is a new connecting bullish trend line forming with support near $171 on the hourly chart of ETH/USD (data feed via Kraken). The price remains…