Ethereum

Ethereum Just Saw Key Technical Correction, But 100 SMA Is Still Strong

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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Ethereum

Majority Of Ethereum Investors Maintain Profitability Despite Decline Below $1,700

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

Ethereum Remains Vulnerable To Print New Low Below $1,500

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

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?

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

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

TA- Ethereum Price struggles To Breakout

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

Ethereum Recovery Faces Major Hurdle, Risk of Fresh Decline Exits

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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