All attention has been focused on Bitcoin recently as it has led crypto markets off the bottom and back into bullish territory. Ethereum has been lack luster to say the least with very little movement in prices and certainly nothing to match other crypto assets. That could all change with an endorsement from Amazon which…
ETH price started a downside correction after tagging the $163 level against the US Dollar. The price remains supported on the downside near the $157 and $156 levels. There is a declining channel in place with resistance near the $160 level on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely…
ETH price formed a support base near the $150 level and recently recovered higher against the US Dollar. The price climbed above the $155 and $158 resistance levels to move into a positive zone. There is a connecting bullish trend line forming with support near $158 on the hourly chart of ETH/USD (data feed via…
ETH price seems to be forming a decent support near the $150 level against the US Dollar. The price corrected higher and traded above the $154 resistance level. There was a break above a connecting bearish trend line with resistance near $152 on the hourly chart of ETH/USD (data feed via Kraken). The pair could…
ETH price declined heavily this past week and broke the $166 and $160 supports against the US Dollar. The price even broke the $155 support level and traded close to the $146 level. There is a crucial bearish trend line formed with resistance at $172 on the 4-hours chart of ETH/USD (data feed via Kraken).…
ETH price failed to stay above the $158 and the $160 support levels against the US Dollar. Tether drama sparked a strong declined below the $155 and $150 support levels. Yesterday’s highlighted key bearish trend line is intact with resistance near $162 on the hourly chart of ETH/USD (data feed via Kraken). The pair is…
ETH price extended losses and traded to a new weekly low near the $160 level against the US Dollar. The price is currently trading below the key resistance levels near $167 and $169. There is a major bearish trend line in place with resistance near $167 on the hourly chart of ETH/USD (data feed via…
Ethereum (ETH) prices drop 5.5 percent from $170 The development of Ethereum 2.0 will reinforce ETH Despite competition and the threats of Binance Chain, Ethereum will leverage on their first mover advantage as a time-tested platform and recover. Besides, the promise of Ethereum 2.0 and implementation of EIP 1234 means scarcity and ETH holders would…
ETH price struggled once again to gain strength above the $176 resistance against the US Dollar. The price declined sharply and broke the $172 and $170 support levels. There was a break below a major bullish trend line with support at $173 on the hourly chart of ETH/USD (data feed via Kraken). The pair could…
ETH price remains well supported on the downside near the $170 area against the US Dollar. The price settled in a positive zone above the $165 and $169 resistance levels. There is a major bearish trend line formed with resistance at $176 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could…