Ethereum is declining steadily below the $235 resistance zone against the US Dollar. It seems like ETH could decline heavily if it breaks the $225 support zone in the near term.Ethereum is trading in a bearish zone below $232 and the 100 hourly simple moving average.The price is slowly declining towards the key $225 support…
Ethereum has been flashing some signs of tempered weakness throughout the past several days and weeks, hovering just above the lower boundary of its long-held consolidation channel.The cryptocurrency’s present weakness is primarily rooted in that of Bitcoin, which has seen faltering momentum as it continues struggling to break above the key psychological resistance existing at…
Speculation has been mounting around the upcoming protocol upgrade that Ethereum will go through. However, the price of the smart contracts giant seems to have leveled off as it continues consolidation within a $25 trading range for over the past few weeks.The ongoing stagnation phase is forcing the Bollinger bands to squeeze on ETH’s 1-day…
Ethereum is stable above the $230 and $225 support levels against the US Dollar. ETH price seems to be eyeing a major bullish break above $238 and $240.Ethereum is currently attempting an upside break above $234 and the 100 hourly simple moving average.The price is likely to remain well bid above the $230 and $225…
Ethereum found support near $218 and started a sharp recovery wave against the US Dollar. ETH price is now facing hurdles near the $234 level and the 100 hourly SMA.Ethereum is up around 4% and it recovered nicely above $225 and $230.The price is currently struggling to gain pace above $234 and the 100 hourly…
Ethereum has declined over the past 24 hours alongside Bitcoin and the aggregated cryptocurrency market. Despite flashing some signs of strength in recent times, this has not been enough to break its tight correlation with BTC.Analysts do believe that the cryptocurrency is now positioning itself to post a massive upwards breakout in the days and…
Ethereum is following a bearish pattern and it recently failed to surpass $240 against the US Dollar. ETH price is likely to continue lower and it may soon retest the $200 support zone.Ethereum failed to clear the main $240 resistance zone and started a fresh decline.The price is now trading well below the $230 level…
Ethereum declined heavily after multiple rejections near $250 against the US Dollar. ETH price is now recovering, but it must settle above $240 to start a fresh increase.ETH price is currently correcting higher from the $225 swing low against the US Dollar.It is now trading above the $230 level and the 100 simple moving average…
Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which exposed it to some intense downwards pressure yesterday.It has been able to post a swift recovery from its daily lows, and has remained firmly within its long-held consolidation phase within the $230 to $250 range.Although it is outperforming Bitcoin…
The two Ethereum transactions where senders paid millions of dollars in fees for transactions worth as little as $130 are widely believed to be blackmail. According to research from analytics company PeckShield, the hackers were reportedly blackmailing an unknown exchange by sending out transactions with exorbitant fees in order to circumvent the multi-signature security of…