Ethereum Price To Clear $5,000 If This Level Is Broken
The Ethereum price is once again drawing attention as a strong bullish setup begins to take shape on the charts. Analyst Merlijn the Trader says buyers are stepping in after repeated rebounds, showing that the market could be shifting in favor of the bulls. He points out that momentum is now building, but one key resistance level still stands in the way. According to the analyst, this is the kind of setup that often sparks explosive moves to higher targets. Ethereum Price Forms Triple Bottom Pattern According to Merlijn the Trader, Ethereum is now showing a clear triple bottom pattern on....
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Ethereum classic price after trading as low as 0.00107BTC started a recovery, but remains in the bearish zone and may continue to weaken. Key Highlights. Ethereum classic price declined further against the Bitcoin, and almost tested the 0.00100BTC support. A new low was formed at 0.00107BTC before the price started a recovery. There was a bearish trend line on the hourly chart (data feed via Simplefx) of ETC/BTC, which was broken during the recent recovery. Ethereum Classic Price Failed Recovery? There were clear chances of more declines in ETC price against the Bitcoin. The price did....
Ethereum’s price action has been closely tied to that of Bitcoin as of late But while Bitcoin has broken multiple key resistance levels, ETH remains below the crucial $380 level This level has yet to be broken, with each visit here sparking a slight selloff Where Ethereum the entire market trends next will likely depend on Bitcoin and whether or not it can extend its upwards momentum One analyst is noting that Ethereum could be […]
Ethereum struggled to clear the $1,400 resistance and declined to $1,275 against the US Dollar. ETH price is struggling, but it could recover once there is a clear break above $1,350. Ethereum topped near the $1,375 level before dropping back to $1,275. The price is now trading below the $1,350 pivot level and the 100 […]
Ethereum price gained heavy bids against the US Dollar, and moved higher. It looks like the ETH/USD pair is now bullish and set for more upsides. Key Highlights. ETH price surged higher against the US Dollar and broke the $9.20 resistance. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD was broken to clear the way for more gains. The price looks set for a test of the $10.00 handle if the current trend remains intact. Ethereum Price Buy. Yesterday, we saw how ETH price was struggling to break the $8.40 level against the US Dollar. There....
Ethereum price weakened against the US Dollar, and moved towards $11.00. It looks like selling remains a preferred option in the short term. Ethereum price continued to struggle to move above the 100 hourly simple moving average, and finally moved down. There was a contracting triangle pattern formed on the hourly chart (data feed via Kraken) of ETH/USD, which was broken to clear the way for more declines. I highlighted in yesterday’s post that selling with a break remains a good deal and it paid. The price moved down and traded towards the $11.00 support area. ETH is currently attempting....