Ethereum is consolidating near the $3,000 zone against the US Dollar. ETH price could start a fresh rally if it clears $3,020 and $3,050. Ethereum corrected lower, but it found support near the $2,950 zone. The price is now trading above $2,950 and the 100 hourly simple moving average. There is a key contracting triangle…
The cryptocurrency market is trending bearish on the short-term, keeping Bitcoin and Ethereum prices at bay after an enormous Q1 2021 rally. But there is no telling if the bull market is officially over, or if a bounce could materialize into a larger recovery. An ascending triangle pattern and long-term trend line could provide a…
Ethereum retested the $2,750-2,780 support zone against the US Dollar. ETH price is recovering and it must clear $3,000 to start a steady increase in the near term. Ethereum started an upside correction after testing the $2,780 zone. The price is still trading below $3,000 and the 100 hourly simple moving average. There is a…
Ethereum failed to clear a major hurdle near $3,165 against the US Dollar. ETH price is declining and it remains at a risk of a move below $2,800. Ethereum started an upside correction above $3,000, but it failed near $3,165. The price is now trading below $3,000 and the 100 hourly simple moving average. There…
Ethereum started a steady increase above $3,000 against the US Dollar. ETH price must clear the $3,200 to continue higher in the near term. Ethereum started a strong increase from the $2,750 support zone. The price is now trading above $3,000 and near the 100 hourly simple moving average. There was a break a major…
Ethereum started a steady increase above $3,050 against the US Dollar. ETH price could correct lower, but the bulls might remain active near $3,000 and $2,950. Ethereum extended its increase above the $3,100 and $3,150 levels. The price is now trading near $3,100 and near the 100 hourly simple moving average. There was a break…
Ethereum started a decent recovery and climbed above $3,000 against the US Dollar. ETH price could accelerate higher if it clears the $3,200 resistance zone. Ethereum started a decent upward move above the $3,000 and $3,050 levels. The price is now trading above $3,000 and near the 100 hourly simple moving average. There was a…
The past two days following the weekend close have not been the best for Ethereum. Along with the broader crypto market, the digital asset has suffered numerous dips that saw it break below $3,000 for the first time in a month. Although recovered back above $3,000, Ethereum continues to have a hard time maintain its…
Ethereum started a major decline below the $3,200 support zone against the US Dollar. ETH price traded as low as $2,807 and it is now attempting a recovery wave. Ethereum started a fresh decline below the $3,300 and $3,200 support levels. The price is now trading below $3,200 and the 100 hourly simple moving average.…
Ethereum started another decline below the $3,400 support zone against the US Dollar. ETH price must stay above $3,150 to avoid more losses in the near term. Ethereum started a fresh decline from the $3,500 and $3,550 resistance levels. The price is now trading below $3,300 and the 100 hourly simple moving average. There is…