After a bout of sideways trading in the cryptocurrency markets, Bitcoin and other major cryptos have been able to garner an influx of buying pressure that has sent them climbing today. Ethereum (ETH) is one major cryptocurrency that has been able to climb today, but it is facing growing resistance around its current price levels.…
ETH price broke a few important resistance levels near the $134 level against the US Dollar. The price gained traction and settled above the $134 and $136 resistance levels. This was a break above a few continuation patterns near $133 and $136 on the hourly chart of ETH/USD (data feed via Kraken). The pair is…
ETH price is struggling to trade above the $133 and $134 resistance levels against the US Dollar. The price is holding the $130 support, it is likely to make the next move soon. This week’s crucial bearish trend line is intact with current resistance at $132 on the hourly chart of ETH/USD (data feed via…
Ethereum (ETH) prices stable Constantinople and recent SEC’s head comments bullish for ETH Participation low but likely to rise as projects demand the coin By all means, Constantinople is a demonstration of intention and Ethereum as a platform stands to benefit. Meanwhile, we are bullish on prices expecting that platform demand would see ETH prices…
ETH price extended declines and traded below the $131 and $130 support levels against the US Dollar. The price is back above the $130 level, but it remains below the key $134 resistance. Yesterday’s key bearish trend line is intact with resistance at $134 on the hourly chart of ETH/USD (data feed via Kraken). The…
ETH price continues to face a strong resistance just below the $140 level against the US Dollar. The price dipped sharply recently, but it recovered above the $134 support level. There is a key bullish trend line forming with support at $132 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains…
ETH price failed to break the $139 and $140 resistance levels against the US Dollar. The price started a downside move, with an increase in selling pressure below the $138 level. Yesterday’s highlighted ascending channel with support at $137 was breached on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline…
Another rally has initiated on crypto markets and Ethereum has performed particularly well with a pump of 10% over the past few hours. Fractal patterns are often used to make price predictions and those on the Ethereum charts are very clear at the moment. Repeating Patterns For ETH Fractals are a price prediction tool which…
ETH price climbed higher sharply and broke the $127 and $130 resistances against the US Dollar. The price even broke the $134 resistance and retested the key $139 resistance level. Yesterday’s highlighted key bearish trend line was breached with resistance at $130 on the hourly chart of ETH/USD (data feed via Kraken). The pair rebounded…
ETH price traded below the key $139-140 resistance area for many sessions against the US Dollar. The price is trading with a bearish bias and there could be a few downward spikes towards $125. There is a key contracting triangle in place with resistance at $136 on the 4-hours chart of ETH/USD (data feed via…