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…
Ethereum prices above $170 Increasing competition means Ethereum 2.0 must launch on time despite the first-mover advantage Morpheus Labs, Cardano, Binance, Tron, and EOS are fierce competitors. Therefore, Ethereum coders accelerating their development mean Ethereum 2.0 will launch on time as ETH prices rally past $250 towards $1,500. Ethereum Price Analysis Fundamentals Without a doubt,…
ETH price extended gains and rallied towards the $175 resistance area against the US Dollar. The price pumped sharply above the $169 and $170 resistance levels to test $174. There is a solid bullish trend line formed with support at $168 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains well…
ETH price failed to clear the $170 resistance and extended losses against the US Dollar. The price declined to a new weekly low at $155 before correcting above the $160 level. There is a key bearish trend line in place with resistance at $166 on the hourly chart of ETH/USD (data feed via Kraken). The…
Ethereum prices steady below $170 A large team working towards Ethereum 2.0, Vitalik updates Vitalik is confident that Ethereum 2.0—a state of perfection reflected by high throughput and a scalable network, is right on track. All the same, prices are back to range-mode, and any break above $170 will signal trend continuation. Ethereum Price Analysis…
ETH price started a downside correction after testing the $188 level against the US Dollar. The price declined below the $174 and $165 support levels to move into a short term bearish zone. There is a crucial bullish trend line forming with support at $155 on the 4-hours chart of ETH/USD (data feed via Kraken).…