The recent market-wide uptrend that was sparked when Bitcoin broke above $7,000 yesterday has proven to be particularly beneficial for Ethereum, which has posted some massive gains as it continues outperforming BTC and most other major altcoins.In the near-term, it does appear that this momentum will extend significantly further, as one fundamental indicator shows that…
Ethereum is currently correcting lower from the $176 monthly high against the US Dollar. ETH price remains well supported on the downside near the $162 and $158 levels.Ethereum is correcting lower and trading below the $170 level against the US Dollar, similar to bitcoin.The price is holding the main $162 and $158 support levels.There is…
Ethereum surged close to 20% and climbed above the $170 resistance against the US Dollar. However, ETH price is struggling to gain momentum above the 100-day simple moving average.Ethereum is up close to 20% and it broke the $155 and $165 resistance levels against the US Dollar.The price even tested the $175 resistance and the…
Ethereum continues to struggle amidst the current vicious and volatile market environment caused by the coronavirus outbreak and recession on the horizon.But following a historic market collapse that wiped out nearly all of the asset’s gains thus far this year, Ethereum may finally be ready for a violent reversal after a pair of dragonfly doji…
Ethereum is trading nicely above the key $140 support zone against the US Dollar. ETH price is showing a few positive signs and it could attempt to rally above $145.Ethereum is currently consolidating above the $140 support area against the US Dollar.The price is still struggling to gain bullish momentum above the $145 resistance.There was…
Ethereum is struggling to gain bullish momentum above the $145 resistance against the US Dollar, similar to bitcoin. ETH price must stay above the $140 support area to remain in an uptrend.ETH price is currently facing a strong resistance near $145 and $150 against the US Dollar.There is a crucial support forming near the $140…
Ethereum has been caught within a tempered uptrend in the time following its recent rally from sub-$100 lows, with the cryptocurrency forming a very strong correlation to Bitcoin – which has been firmly guiding the markets throughout the past several months.It now appears that one fundamental metric is flashing a highly bullish sign for Ethereum,…
Bitcoin saw a notable upswing overnight, which led Ethereum and most other major altcoins to rise in tandem. This rally has pushed ETH up to a key resistance level that its buyers are currently attempting to surmount.Analysts are now noting that the crypto could be positioned to see an explosive movement past this resistance, with…
Ethereum is trading with a bullish angle and it recently surpassed the $135 resistance against the US Dollar. ETH price is likely to continue higher towards $145 and $150.Ethereum is up more than 3% and it broke the main $135 resistance against the US Dollar.The price is now trading in a bullish zone and it…
Ethereum and the aggregated cryptocurrency market has seen a slight selloff overnight that was catalyzed by Bitcoin’s decline to the lower $6,000 region. This plunge has not impacted ETH in the same way it has other altcoins, as the crypto is currently significantly outperforming the market.One analyst is now noting that there are a few…