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Ethereum (ETH) Cost Smashes Resistance: Bulls Target $220 or Greater
ETH price broke the main hurdle near the $178 and $180 resistance levels against the US Dollar. The price even broke the $200 resistance level before starting a downside correction. There is a major bullish trend line in place with support near $178 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair…
Ethereum (ETH) Rate Acquiring Momentum As Bitcoin Strikes Fresh High
ETH price found support near the $164-165 area and bounced back against the US Dollar. The price broke the $168 and $169 resistance levels, and is currently gathering momentum. There is a breakout pattern forming with resistance at $172 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to break…
Ethereum Spikes 12% in Hours as Report Recommends CFTC is Ready For ETH Futures
Ethereum has been in the doldrums lately. Bitcoin has made all the moves generally lifting crypto markets and increasing its own dominance largely at the expense of the higher cap altcoins such as Ethereum and XRP. That all changed today when ETH finally got some good fundamentals to send it surging 12 percent. CTFC Ready…
Ethereum (ETH) Rate Smashes Resistance: Bulls Considering $200?
ETH price rebounded nicely after testing the key $160 support area against the US Dollar. The price climbed higher sharply and broke the $165, $168 and $170 resistance levels. There was a break above a contracting triangle with resistance near $162 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded to…
Ethereum (ETH) Cost Eyes Larger Upward Move: Can Bulls Make It?
ETH price started a steady rise above the $158 and $160 resistance levels against the US Dollar. The price traded above the $165 level and recently corrected lower below $165. There is a major contracting triangle in place with resistance near $167 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is…
Elon and Amazon Offer Ethereum Approval, Why is ETH Still Bearish?
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…
Ethereum (ETH) Cost Is Reluctant However Additional Gains Seem Likely
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…
Ethereum (ETH) Rate Begins Much Awaited Rebound To $170
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…
Ethereum (ETH) Rate Projection: Short-term Advantage In Play
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…
Ethereum (ETH) Cost Larger Dip Underway: Bulls Losing Grip
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).…