ETH price declined heavily and broke the key $185 and $180 supports against the US Dollar. The price is currently correcting higher and is trading near the $172 and $175 resistances. There is a major bearish trend line forming with resistance near $180 on the 4-hours chart of ETH/USD (data feed via Kraken). There could…
ETH price is under a lot of pressure below the $170 and $175 resistances against the US Dollar. The price is likely to decline sharply if it settles below the $165 support area in the near term. There is a declining channel forming with resistance near $169 on the hourly chart of ETH/USD (data feed…
ETH price failed to stay above the key $185 and $180 support levels against the US Dollar. The price is down around 10% and is trading below $172, while bitcoin is down around 5%. There was a break below a bearish continuation pattern with support near $172 on the hourly chart of ETH/USD (data feed…
One long-held critique of the Ethereum blockchain is that it has failed to successfully address the scaling issues that have longed plagued it. These scaling issues became abundantly clear in a recent report that elucidated how the blockchain’s network utilization has reached a whopping 90%. This report has led one prominent figure within the crypto…
ETH price failed to climb above the $195 resistance and declined recently against the US Dollar. The price is now trading below the $190 level and it seems like there could be more downsides. There is a short term breakout pattern forming with support near $186 on the hourly chart of ETH/USD (data feed via…
ETH price is currently correcting higher and is trading above the $190 level against the US Dollar. The price is still trading well below the key $195 resistance area. There was a break above a major declining channel with resistance near $192 on the hourly chart of ETH/USD (data feed via Kraken). The pair is…
ETH price remained in a bearish zone and even tested the $180 support area against the US Dollar. The price is currently correcting higher, but it is facing hurdles near $192 and $195. There is a significant bearish trend line forming with resistance near $192 on the 4-hours chart of ETH/USD (data feed via Kraken).…
Ethereum and the aggregated crypto market has been closely tracking Bitcoin’s price action over the past week, which has resulted in a choppy trading session for ETH that has ultimately led it to drop back towards $185 – which remains a critical support level for the cryptocurrency. Although ETH is likely to find some support…
ETH price started a decent recovery after it tested the $180 support area against the US Dollar. The price is currently struggling to break a major resistance area near the $195 level. There is a key contracting triangle forming with resistance near $194 on the hourly chart of ETH/USD (data feed via Kraken). The pair…
ETH price started a downside correction after testing the $202 resistance area against the US Dollar. The price is currently trading below $198 and is trading near the $194 support area. This week’s followed key bullish trend line with support near $194 is active on the hourly chart of ETH/USD (data feed via Kraken). The…