ETH price recovered nicely from the $132 support level and traded above $134 against the US Dollar. The price even cleared the $135 and $136 resistance levels, but upsides remain capped. There is a crucial bearish trend line formed with resistance at $138 on the hourly chart of ETH/USD (data feed via Kraken). The pair…
The Centre for Information and Industry Development in China (CCID) has updated its monthly crypto project rankings. Following the update the top three spots on the list of most promising public blockchain-based assets are compromised of the Ethereum network (ETH), Tron (TRX), and EOS, whilst Bitcoin (BTC) fell on the list. CCID looked at a…
ETH price failed to break the $139 resistance and declined sharply against the US Dollar. The price broke the key $134 support level to enter a bearish zone. A new connecting bearish trend line is formed with resistance at $139 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to…
ETH price continues to face a strong resistance near the $138 and $140 levels against the US Dollar. The price failed to gain strength above the $139 level and remained below the $140 pivot. Yesterday’s key bearish trend line is intact with resistance near $138 on the hourly chart of ETH/USD (data feed via Kraken).…
Ethereum prices bullish above $135 Joseph Lubin expects prices to rally Volumes low, dropped by half in the last week Weeks after retrenching staff, Consensys CEO is confident that ETH prices will surge 1000X. This is partly thanks to the launching of Ethereum 2.0 and prospects of dealing with scalability. Therefore, that means there is…
ETH price corrected lower and tested the $136-137 support area against the US Dollar. The price is currently recovering and it may continue to rise above $141 and $144 in the near term. This was a break above a key contracting triangle with resistance near $139 on the hourly chart of ETH/USD (data feed via…
ETH price broke a major resistance area near $133-134 to climb higher against the US Dollar. The price settled above the key $134 resistance to move into a positive zone. There was a break above a major contracting triangle with resistance at $133 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair…
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…