After rallying over 100% from March’s capitulation lows, analysts are expecting a retracement in Ethereum, Bitcoin, and other top cryptocurrencies. They cite simple technical factors showing this market has lost the bullish momentum it had just 10 days ago.This bearish outlook, however, hasn’t stopped investors with deep pockets from accumulatingDeep Pockets Are Accumulating Ethereum &…
Ethereum is trading above the $192 and $195 support levels against the US Dollar. ETH price could start a strong surge if there is a clear break above the $205 resistance.ETH price is trading just below a crucial resistance near the $205 level against the US Dollar.It is now trading above $192 and the 100…
Ethereum could be well positioned to see some notable upside in the days and weeks ahead, despite its overt signs of weakness caused by its recent decline to the sub-$200 region.Analysts are now noting that its market structure still favors buyers so long as it maintains above $185, and that a continued defense of this…
Ethereum is currently trading inside a crucial breakout pattern against the US Dollar. ETH price is likely to start a strong increase once it clears the $205 resistance zone.Ethereum is still struggling to clear the key $205 and $206 resistance levels.The price is trading in a range above the $197 support and the 100 hourly…
Ethereum has seen a slight climb higher that has allowed it to surmount the $200 region. This momentum has been primarily rooted in that seen by Bitcoin, which tapped $10,000 overnight before seeing a slight decline that led it to $9,600.Although ETH has underperformed Bitcoin today, it is important to note that its climb above…
Ethereum is slowly rising and it recently broke the $192 resistance against the US Dollar. ETH price must gain bullish momentum above $205 to start a strong rally towards $220 or $230.Ethereum is moving into a positive zone, with a close above the $192 resistance.The price is still struggling to clear the $200 and $205…
Ethereum suffered a severe correction over the weekend that saw its price plummet over 18%. The smart contracts giant went from trading at a high of $215 to recently hit a low of $175.5.Despite the significance of this retracement, multiple technical and fundamental reasons suggest that Ether is bound for a bullish impulse.Bullish Momentum is…
Ethereum is gaining bullish momentum above $190 against the US Dollar. It seems like ETH price is preparing for more gains towards the $200 and $205 resistance levels in the near term.Ethereum is showing positive signs above the $188 and $190 levels.The price could face a strong selling interest near the $200 and $205 levels.There…
Ethereum’s price has been hovering around the lower $190 region in the time following its latest selloff that sent it to lows of $180.The second-largest cryptocurrency by market cap has been severely underperforming Bitcoin in recent times and has virtually erased all of the gains that came about as the result of its recent push…
Ethereum is forming a decent support base above $180 against the US Dollar. ETH price is likely to start a strong increase if it breaks the $192 resistance zone.Ethereum started an upside correction from the $180 low and corrected above $185.The price is currently facing a couple of key hurdles near $190 and $192.There is…