Ethereum (ETH) Steadies Above $3K, What Could Trigger Fresh Drop
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Teresa Bach
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August 13, 2021
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Ethereum
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Ethereum is holding gains above the $3,000 support zone against the US Dollar. ETH price is now facing resistance near the $3,150 and $3,180 levels. Ethereum started a downside correction after it failed to stay above $3,200. The price is now recovering above $3,100 and the 100 hourly simple moving average. There is a major bearish trend line forming with …
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Ethereum (ETH) Gearing For Another Lift-Off, 100 SMA Is The Key
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Teresa Bach
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August 10, 2021
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Ethereum
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Ethereum started a fresh increase above the $3,000 resistance against the US Dollar. ETH price is now consolidating gains and it could surge further above $3,200. Ethereum found support near $2,900 and it started a fresh increase. The price is now trading above $3,000 and the 100 hourly simple moving average. There was a break above a key bearish trend …
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Bullish Ethereum Fractal Appears As Important EIP-1559 Upgrade Debuts
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Teresa Bach
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August 5, 2021
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Ethereum
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All eyes today are on Ethereum as the long-awaited EIP-1559 launches for the first time. The supply-focused update could result in a the start of a spectacular show that could last another several months. A fractal has potentially appeared that mimics the price action just ahead of the most recent explosive Ether rally, which took the top altcoin by market …
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Why Ethereum (ETH) Could Continue To Outperform Bitcoin
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Teresa Bach
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August 2, 2021
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Ethereum
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Ethereum outperformed bitcoin and rallied above the $2,550 resistance against the US Dollar. ETH price tested $2,700 and it is now correcting gains. Ethereum rallied towards the $2,700 level before it started a downside correction. The price is still trading above $2,500 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near …
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Ethereum (ETH) Topside Bias Vulnerable If It Struggles Below $2.3K
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Teresa Bach
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July 29, 2021
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Ethereum
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Ethereum is struggling to gain pace above $2,300 and $2,320 against the US Dollar. ETH price could decline sharply if there is a break below $2,220. Ethereum is showing a few bearish signs below the $2,320 resistance zone. The price is still above the $2,200 zone and the 100 hourly simple moving average. There is a key bullish trend line …
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Ethereum Recovers Sharply, Why ETH Could Continue Higher above $2K
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Teresa Bach
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July 22, 2021
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Ethereum
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Ethereum started an upside correction above the $1,850 resistance against the US Dollar. ETH price is likely to continue higher if there is a close above the $2,000 resistance. Ethereum started a decent upward move above the $1,850 and $1,950 resistance levels. The price is now trading well above $1,900 and the 100 hourly simple moving average. There is a …
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Ethereum Starts Recovery, Why ETH Could Resume Its Decline
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Teresa Bach
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July 21, 2021
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Ethereum
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0 Comments
Ethereum started an upside correction from the $1,720 zone against the US Dollar. ETH price could correct further higher, but upsides might be capped near $1,850. Ethereum formed a base above the $1,720 support zone before starting an upside correction. The price is still trading well below the $1,850 resistance and the 100 hourly simple moving average. There was a …
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Ethereum Consolidates, What Could Trigger Strong Recovery in ETH
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Teresa Bach
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July 16, 2021
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Ethereum
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0 Comments
Ethereum restarted its decline after it failed to stay above $2,000 against the US Dollar. ETH price is holding the $1,880 support, but it must clear $2,000 for a decent increase. Ethereum started a fresh decline and it once again tested the $1,880 support zone. The price is still trading well below the $2,000 resistance and the 100 hourly simple …
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Why Ethereum (ETH) Could Nosedive Below $2K, Bears In Control
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Teresa Bach
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July 13, 2021
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Ethereum
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0 Comments
Ethereum is down 5% and it is struggling to stay above $2,000 against the US Dollar. ETH price could decline sharply if there is a break and close below $2,000. Ethereum is showing bearish signs below the $2,050 and $2,100 levels. The price is now trading well below the $2,100 resistance and the 100 hourly simple moving average. There was …
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Ethereum Tops Near $2,400, Indicators Point Another Bearish Wave
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Teresa Bach
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July 8, 2021
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Ethereum
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0 Comments
Ethereum started a fresh decline after it failed to surpass $2,400 against the US Dollar. ETH price could decline further if it fails to stay above the $2,250 support. Ethereum is slowly moving lower below the $2,300 support zone. The price is now trading below the $2,280 support and the 100 hourly simple moving average. There was a break below …
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