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Ethereum Cost Weekly Analysis: ETH Preparing For Larger Breakout
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…
Ethereum Cost Analysis: ETH Might Turn Bearish Once Again Listed Below $134
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…
Ethereum Fractals Play Out as ETH Leaps 10%, Where Will it Go Next?
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…
Ethereum Worth Evaluation: Actual Bounce In ETH Or Simply Rebound?
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…
Ethereum Rate Weekly Analysis: ETH Might Suffer Losses Prior To Fresh Boost
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…
Expert Claims Ethereum (ETH) is Likely to See Increased Volatility as Constantinople Hard Fork Approaches
Ethereum, like most major cryptocurrencies, has seen increased levels of volatility over the past week, but has failed to make any lasting upwards moves that resulted in sustained higher highs. Analysts now expect ETH to increased levels of volatility as its Constantinople hard fork approaches later this week. Although this hard fork event is widely seen…
Ethereum Rate Analysis: ETH’s U-Turn Sets New Short-Term Bearish Predisposition
ETH price tumbled after it failed to break the $165 and $166 resistance levels against the US Dollar. The price declined and broke the $160, $152 and $140 support levels to move into a bearish zone. There was a break below a major bullish trend line with support at $148 on the hourly chart of…
Ethereum Rate Weekly Analysis: ETH Sets New 2019 High, Eyes $175
ETH price finally broke the $149 and $150 resistance levels and gained pace against the US Dollar. The price traded above the $160 resistance and formed a new 2019 high above $165. There is a major bullish trend line formed with support near $148 on the 4-hours chart of ETH/USD (data feed via Kraken). The…
Ethereum (ETH) Long Positions Skyrocket as Constantinople Nears, However Experts Anticipate Post-Fork Plummet
Over the past month Ethereum (ETH) has seen some overwhelmingly positive price action, surging from lows of $104 to highs of over $150. Part of this price surge may be due to its upcoming Constantinople hard fork, which will offer the crypto multiple enhancements and will reduce its future inflation rates, which will likely be…
Ethereum (ETH) Possible March to $250, Up 22 Percent
Ethereum prices up 22 percent from last week’s close Andreas M. Antonopoulos warns of technical community in-fighting Transaction volumes on the rise, likely to propel prices above $170 Andreas M. Antonopoulos is against the toxicity within Ethereum’s developer community. He says this can cause fragmentation and slow down Ethereum (ETH) bulls that are up 22…