Ethereum has been one of the best performing cryptocurrencies throughout the course of the recent uptrend that was incurred yesterday evening, with ETH’s bulls propelling the crypto up nearly 10%.This intense uptrend has come shortly after new data was released showing a massive influx of institutional money into ETH, which could be a sign that…
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…
Bitcoin is currently flashing some subtle signs of strength as the benchmark crypto pushes towards its resistance at $7,000, with this ongoing upswing providing most major altcoins with some much-needed strength.This has led one analyst to note that an aggregated index of some of the largest altcoins is signaling that bullish continuation is imminent, which…
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…
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…
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…
Ethereum is consolidating gains above the $170 and $165 support levels against the US Dollar. ETH price is likely setting up for another leg higher over the $175 resistance area.Ethereum is showing a few positive signs above the $170 support level.The price could gain bullish momentum once it clears the $175 resistance area.There is a…
After incurring an incredibly intense uptrend that led Ethereum to highs of over $175 yesterday, ETH has lost some of its momentum and has declined below $170, with this drop coming about concurrently with that seen by Bitcoin overnight.In the near-term, it does appear that ETH’s bulls may have slightly overextended themselves, as the crypto…