Ethereum Price Close To The Critical Support Level, Further Downside Could Be...
Ethereum price has been trying to secure small gains over the last 24 hours. In the past week, the king altcoin brought home gains which were close to 6%. At the current moment, however, the coin was mostly moving laterally. Ethereum price had also broken below its head and shoulder pattern as seen in the chart below. This pattern is related to bearishness. In accordance, the buyers were low in the market. The technical outlook also continued to look weak on the one-day chart. Broader market weakness has caused many prominent altcoins to move down their respective charts. Bitcoin price has....
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Ethereum price was under a lot of bearish pressure against the US dollar, and currently the bulls are fighting around a major support. Key Highlights. Ethereum price declined heavily versus the US Dollar, but currently trading near a crucial support. There is a critical bullish trend line formed on the daily chart of ETH/USD (data feed via SimpleFX), which may stop the downside going forward. The 100-day simple moving average is also on the downside to act as a support area. Ethereum Price Trend. Ethereum price ETH after staying above the $13.00 level against the US Dollar for some time,....
Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […]
Ethereum price found support near $1,750 against the US dollar. ETH is again rising and attempting an upside break above the $1,850 resistance. Ethereum remained well-bid above the $1,750 support zone. The price is trading above $1,780 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support near $1,795 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $1,825 and $1,850 resistance levels. Ethereum Price Could Restart Rally Ethereum started a downside correction below the $1,800 level. ETH....
Ethereum price moved down as a part of a correction. It also spiked below a support trend line on a couple of occasions, but failed to close below it. Intraday Support Level can be $11.85. Intraday Resistance Level may be $13.00. Ethereum price after setting a short-term top near the $15.16 level traded down and my idea that the price may correct down worked perfectly. There were a couple of bearish signs for the price noted yesterday, which played well in igniting a downside move. The price traded below the $10.50 level as forecasted, and created an intraday low of $10.02. There is a....
Ethereum is trading at a critical juncture as buyers continue to defend the $2,600 support zone, attempting to stabilize the price after recent volatility. While this level is keeping short-term downside in check, broader market pressure and weakening structure leave bears watching closely for a potential breakdown that could open the door to a deeper macro pullback. $2,600 Holds As Key Support On Ethereum 6H Chart On X, Can Özsüer highlighted that Ethereum is currently holding above the $2,600 support zone on the 6-hour chart, a level that has so far provided a solid base for price....