Ethereum (ETH) continues to absorb Bitcoin (BTC) selling pressure in November, looking at price action when writing on November 24. In the daily chart, ETH bulls have the upper hand, adding roughly 9% versus BTC from October lows. Ethereum Outperforms Bitcoin In November ETH buyers are firm, with price action still confined inside the conspicuous…
Ethereum price surged above $2,050. ETH is now consolidating gains and might soon aim for another rally toward the $2,150 level. Ethereum is consolidating and facing resistance near the $2,080 zone. The price is trading above $2,030 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance near $2,080 on…
Ethereum price recovered all losses and climbed above $2,050. ETH outperformed Bitcoin and might aim for more gains above the $2,120 resistance. Ethereum remained strong above $1,930 and started a fresh increase above $2,000. The price is trading above $2,020 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend…
Ethereum price declined sharply alongside Bitcoin. ETH traded below $2,000, but it is still holding the key support at $1,920 and might attempt a fresh increase. Ethereum struggled to clear the $2,070 resistance and corrected lower. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line…
Ethereum price started a fresh increase above the $1,950 resistance. ETH is consolidating and might aim for a move above the $2,070 resistance. Ethereum remained stable and started a fresh increase above the $1,950 level. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There was a break above a major bearish…
Ethereum price started a fresh increase from the $1,900 support. ETH is now facing resistance near $2,020, above which it could accelerate higher. Ethereum found support near $1,900 and started a decent increase. The price is trading above $1,980 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance…
Ethereum price corrected lower and tested the $1,935 support. ETH is likely forming a double-bottom and might start a decent increase. Ethereum reacted to the downside and tested the $1,935 support. The price is trading below $2,020 and the 100-hourly Simple Moving Average. There was a break below a key contracting triangle with support near…
Ethereum price remained strong and started a fresh increase above $2,000. ETH could continue to rise if it clears the $2,075 resistance zone. Ethereum is again moving higher above the $2,000 support zone. The price is trading above $2,000 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support…
Ethereum price started a downside correction and traded below $2,000. ETH must stay above $1,920 to start a fresh increase in the near term. Ethereum is correcting gains and testing the $1,920 support zone. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…
Ethereum price is struggling to gain strength above $2,100. ETH is consolidating above $2,000 and might start a fresh surge if it clears $2,100. Ethereum is showing positive signs above the $2,000 support zone. The price is trading above $2,010 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with…