Ethereum Price Momentum Rolls Over, Bearish Move Warning
Ethereum price started a decent upward move but failed near $3,050. ETH is now struggling and might continue to move down below $2,900. Ethereum started a recovery wave but struggled above $3,000. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at $2,930 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it breaks below the $2,880 zone. Ethereum Price Dips Again Ethereum price started a recovery wave above the $2,920 and $2,950 levels, like Bitcoin. ETH....
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Ethereum completed its shift from proof-of-work (PoW) to proof-of-stake (PoS) via the highly anticipated “merge” last September 15, 2022. But after more than a month from that historic event, Bitcoin’s closest rival still has nothing to show for as its price flat-lined as it failed to take off despite the hype that surrounded the second largest cryptocurrency before the merge. Ethereum struggles to breach and sustain the $1,300 marker ETH is caught in a pattern that will extend its bearish momentum A bullish run is still possible with $1,400 as the immediate target At press time, according....
Ethereum price is showing a lot of bullish signs versus the US dollar on the daily chart, but there is a warning as well. Read in detail to know more. Key Highlights. Ethereum price moved higher recently against the US Dollar and traded above the $12.00 resistance area If we look at the daily chart of the ETH/USD, then there was a break above a bearish trend line (data feed via Kraken) of ETH/USD. The best part is the fact that the price is above the 100-day simple moving average, which is a positive sign for the long term traders. Ethereum Price – Double Top or Upside Move? Ethereum price....
Ethereum price corrected and moved down once again versus the US Dollar. Yesterday’s trend line acted as a perfect resistance for ETH/USD. Key Highlights. ETH price after a minor rise yesterday towards 10.50 found sellers against the US Dollar, and moved down. Yesterday’s highlighted a few bearish trend lines formed on the hourly chart (data feed via SimpleFX) of ETH/USD acted as a perfect resistance. The price may continue to move lower towards $10.10 as the bearish pressure is intact. Ethereum Price Downside Move. ETH price attempt to recover the ground failed, as it moved down once....
Ethereum price is ranging at the moment against the US Dollar, and it would be interesting to see if ETH/USD buyers can gain traction or not. Key Highlights. ETH price continues to trade in a range against the US Dollar and Bitcoin, and waiting for a catalyst. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is almost broken, but with no momentum. The price is currently struggling to clear the 100 hourly simple moving average and facing sellers. Ethereum Price Explosion Ahead? As we all know, Ethereum 4th Hard Fork is lined up, and it may....
Ethereum price ETH popped a few points higher versus the USD, but failed once again to sustain momentum, and traded lower. Key Highlights. ETH price remained under pressure against the US Dollar, as buyers failed to gain momentum. There are a couple of important bearish trend lines formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which are preventing gains. It looks like buyers are finding it really hard to take the price higher, but sooner or later they will. Ethereum Price Hurdles. Ethereum price ETH struggled to move higher against the US Dollar continued. The ETH bulls....