ETH price managed to recover above $172, but it failed to continue above $180 against the US Dollar. The price is currently trading below the $170 support and it might retest the $165 or $162 support. There is likely a flag pattern forming with resistance near $171 on the hourly chart of ETH/USD (data feed…
After losing its foothold within the lower-$170 region, Ethereum’s recently incurred upwards momentum appears to have faltered, as ETH has now dropped below the $170 level as Bitcoin revisits its key near-term support level at $8,000. Analysts are now expressing mixed sentiments when it comes to ETH, but are generally offering a sentiment that can…
Ethereum (ETH) has posted a strong bounce from its recent lows and has not yet faced any notable rejection after climbing from these lows. This slight upwards momentum has come about as Bitcoin finds increasing stability around the $8,000 region. Analysts are now noting that Ethereum could incur massive upside in the future, although other…
After facing a significant amount of selling pressure over the past several days, Ethereum (ETH) has been able to post a decent bounce from its recent lows and appears to have established a notable support level around the $160 region. Despite being able to climb from its recent lows, it is important to note that…
ETH price failed to surpass the $172-$175 resistance and declined again against the US Dollar. The price retested the $152 support area and it is currently correcting higher. There is a new connecting bearish trend line forming with resistance near $168 on the hourly chart of ETH/USD (data feed via Kraken). The price is showing…
ETH price corrected higher from the $152 low and traded above $165 against the US Dollar. The price is currently struggling to break the $172 and $175 resistance levels. Yesterday’s highlighted key bearish trend line is still active with resistance near $172 on the hourly chart of ETH/USD (data feed via Kraken). The price remains…
After incurring some massive upwards momentum over the past several days and weeks, Ethereum has now faced a significant influx of selling pressure that has sent its price reeling to lows of roughly $190, and without any major change within the aggregated crypto markets, it is highly likely that ETH will continue facing significant downwards…
ETH price is under a lot of pressure and it recently broke the $202 support against the US Dollar. The price is likely to continue lower towards the $195 and $192 support levels in the near term. There are two major bearish trend lines forming with resistance near $208 and $210 on the hourly chart…
Ethereum’s massive upwards momentum has faltered after its bulls were unable to decisively support ETH above the $220 price level, and its inability to extend its upwards momentum likely stems in part from Bitcoin’s drop to its key support level of $10,000. Analysts are now noting that Ethereum is nearing a critical support level, and…
ETH price surged higher above the $200 and $210 resistance levels against the US Dollar. The price is currently correcting lower after posting a new monthly high near $225. There was a break below a major bullish trend line with support near $216 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair…