Ethereum Just Saw Key Technical Correction, But 100 SMA Is Still Strong
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Teresa Bach
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September 1, 2022
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Ethereum
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0 Comments
Ethereum failed to stay above the $1,600 resistance against the US Dollar. ETH is correcting lower and must stay above $1,540 to continue higher. Ethereum failed to clear the $1,620 and $1,625 resistance levels. The price is now trading near $1,550 and the 100 hourly simple moving average. There is a major rising channel forming with support near $1,540 on …
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Majority Of Ethereum Investors Maintain Profitability Despite Decline Below $1,700
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Teresa Bach
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August 26, 2022
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Ethereum
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0 Comments
Profitability in digital assets such as Ethereum is important to investors in the space. With the decline following the bull market, a good number of ETH investors have seen the profitability of their holdings decline significantly. It had fallen below 50% when the price of ETH had broken below $1,000 last month. However, with the recovery at the beginning of …
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Ethereum Remains Vulnerable To Print New Low Below $1,500
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Teresa Bach
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August 24, 2022
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Ethereum
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0 Comments
Ethereum is struggling to clear the $1,650 resistance against the US Dollar. ETH remains at a risk of more downsides below the $1,500 support. Ethereum attempted to clear the $1,650 resistance but failed. The price is now trading below $1,630 and the 100 hourly simple moving average. There is a key rising channel forming with support near $1,605 on the …
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Ethereum Uptrend Vulnerable Unless It Surges Past $1,900
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Teresa Bach
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August 19, 2022
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Ethereum
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0 Comments
Ethereum extended losses below the $1,820 support against the US Dollar. ETH could decline further if it fails to start a recovery wave above the $1,900 level. Ethereum started a fresh decline and traded below the $1,900 level. The price is now trading below $1,880 and the 100 hourly simple moving average. There is a key bearish trend line forming …
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What Could Trigger A Sharp Decline?
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Teresa Bach
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August 16, 2022
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Ethereum
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0 Comments
Ethereum started a downside correction from the $2,000 resistance against the US Dollar. ETH is consolidating and might decline further towards $1,810. Ethereum started a downside correction below the $1,950 level. The price is now trading below $1,950 and the 100 hourly simple moving average. There was a break below a connecting bullish trend line with support near $1,925 on …
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TA: Ethereum Gearing For Another Lift-Off to $2k: Rally Isn’t Over Yet
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Teresa Bach
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August 12, 2022
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Ethereum
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0 Comments
Ethereum gained pace and cleared the $1,800 resistance against the US Dollar. ETH is rising and might continue to rise towards the $2,000 resistance zone. Ethereum remained well bid above the $1,800 support and climbed further higher. The price is now trading above $1,820 and the 100 hourly simple moving average. There is a key bullish trend line forming with …
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TA- Ethereum Price struggles To Breakout
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Teresa Bach
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August 8, 2022
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Ethereum
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0 Comments
The price of Ethereum (ETH) has struggled to break out of a range against Tether (USDT) after being rejected from key resistance. Ethereum price has seen a relief bounce, with Bitcoin (BTC) rallying after closing the weekly candle with bullish sentiment from a daily low of $23,000 to a region of $24,100 in the early hours. (Data feeds from Binance) …
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Ethereum Eyes Fresh Rally If It Clears This Key Breakout Zone
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Teresa Bach
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August 4, 2022
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Ethereum
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0 Comments
Ethereum remained supported above the $1,550 zone against the US Dollar. ETH is rising and might gain pace if there is a clear move above the $1,670 level. Ethereum found support near $1,560 and started a fresh increase. The price is now trading above $1,620 and the 100 hourly simple moving average. There is a major bearish trend line forming …
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Ethereum Rockets Towards $1,800 as Bulls Take Over Crypto Market
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Teresa Bach
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July 29, 2022
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Ethereum
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0 Comments
Ethereum started a strong increase above the $1,700 level against the US Dollar. ETH is showing positive signs and might rise again towards $1,800. Ethereum started a major increase above the $1,650 and $1,700 levels. The price is now trading above $1,700 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near …
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Ethereum Recovery Faces Major Hurdle, Risk of Fresh Decline Exits
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Teresa Bach
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July 27, 2022
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Ethereum
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0 Comments
Ethereum declined towards $1,350 before recovering higher against the US Dollar. ETH is now facing a major resistance near the $1,460 and $1,500 levels. Ethereum extended losses and traded below the $1,400 level. The price is now trading below $1,460 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $1,440 on …
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