Ethereum is down close to 5% and it broke the $155 support area against the US Dollar. ETH price tested the main $145 support area and it is currently correcting higher.Ethereum struggled to clear the $160 resistance and decline below the $155 level.The bulls defended the main $145 support area (as discussed in the weekly…
The crypto market has fallen off hard over the past few days. Ethereum, especially, has been hit hard. Since the highs at $177, the cryptocurrency has fallen as low as $150, sustaining a 15% drop.Key technical and fundamental factors, however, suggest that ETH will soon mount a strong comeback.#1: Ethereum Closed Above a Key TrendlineWhile…
Ethereum failed to clear the $162 resistance and declined recently against the US Dollar. ETH price is now approaching the main $145 support, where the bulls might take a stand.Ethereum is showing a few bearish signs below the $155 and $162 resistance levels.A new monthly low is formed near $148 and the price is currently…
Ethereum is down more than 10% from the $175 monthly high against the US Dollar and bitcoin. ETH price is still in a larger uptrend as long as it is above the $145 support.ETH price started a fresh decline after it failed to surpass $175 and $180 against the US Dollar.There was a break below…
Now up nearly 100% from the “Black Thursday” bottom, Ethereum remains approximately 90% below its all-time high established at the start of 2018 at $1,400. For some reason, the market doesn’t see as much relative value in the cryptocurrency as they did at the all-time high, when you could put ten ETH had the same…
Ethereum has entered another bout of sideways trading in the time following its recent rejection at $175, with ETH now establishing some significant support around the mid-$150 region, which is where it has been trading at for the past couple of days.In the near-term, it does appear that Ethereum is currently trading just a hair…
If you’ve perused the “cryptocurrency” subreddit, you have likely heard the rumors that Ethereum is being used by Reddit — the giant social media forum with dozens of millions of users.This discussion began with a post from “MagoCrypto,” who on Wednesday posted a video showing that on his Reddit app on his Android (Samsung), there…
Ethereum and the aggregated cryptocurrency market saw a sharp overnight decline that came about after Bitcoin lost the support that had been established at $7,000. This plunge has caused ETH to underperform BTC and many other altcoins, with its bulls currently attempting to establish support.Presently, Ethereum is pushing up against a massive buy wall on…
Another week, another round of Crypto Tidbits. Bitcoin has effectively been flat on the week, recently returning to around where it started the week after briefly interacting with the ever-important $7,400 resistance. Altcoins, interestingly, came into their own this week, with Ethereum, Link, Tezos, EOS, among other top altcoins posting double-digit percentage gains in the past…
Sell-side pressure over the past two days has seen the price of Ethereum dip below key support at the $160 level. Currently, the second-largest cryptocurrency by market cap is priced at $159. But has fallen 8% from its recent high just two days ago.This move reversed an uptrend that peaked at $173 following the so-called…