Ethereum Price Weekly Analysis – More Upsides Likely In ETH?
Ethereum price managed to hold and important support area and bounced, but can it continue to gain bids in the near term? Key Highlights. Ethereum price finally showed some positive signs this past week and managed to trade higher against the US Dollar. This past week’s highlighted support trend line on the daily chart (data feed via Kraken) of ETH/USD played its part well in preventing further losses. The price also moved above the 100-day simple moving average, which is a positive sign for the bulls. Ethereum Price Recovery. Ethereum price ETH after weakening a lot against the US Dollar....
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Ethereum price broke a major consolidation pattern, and if the ETH/USD bulls remain in control there is a chance of more upsides. Ethereum Price – New Weekly High Possible? Ethereum price ETH showed a lot of positive signs yesterday, as it managed to gain bids vs the US Dollar. There was a contracting triangle pattern formed on the hourly chart (data feed via Kraken) of ETH/USD, which was broken during the upside move. The price settled above the pattern resistance area, and even closed above $9.00. One significant bullish sign is the fact that the price is now well above the 100 hourly....
Ethereum price after finding buyers below $14.00 started to move higher, and currently looks set to break a major resistance. Key Highlights. Ethereum price slowly and steadily moving higher against the US dollar, and looks set for more upsides. There is a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which is almost breached as this analysis was written. A successful close above the trend line resistance could ignite more gains in the near term. Ethereum Price Break. Ethereum price ETH started recovering this past week, and it looks like the price is set....
The price of Ethereum (ETH) showed so much strength but has been hit with resistance against Tether (USDT) as the Ethereum merge is announced. Ethereum price rallied with so much strength from a region of $1,670 to $1,924, as bulls anticipate the Ethereum merge from proof-of-work (POW) to proof-of-stake (POS). Related Reading: Will Ethereum Breach $2,000 Before The Merge? Ethereum merge is an upgrade on the Ethereum network from POW to POS so as to increase its network efficiency in transactions. (Data feeds from Binance) Ethereum Price Analysis On The Weekly Chart From the chart, the....
The price of Ethereum (ETH) has struggled to hold above $2,000 against Tether (USDT) after being rejected from that region. Ethereum price in the past few weeks outperformed the price of Bitcoin (BTC) but has shown bearish signs indicating the ETH price could be set to retest the nearest support. Related Reading: TA: Ethereum Could Take Hit As The Bulls Show Weak Hands Ethereum (ETH) Price Analysis On The Weekly Chart From the chart, the price of ETH saw a weekly low of $1,700, which bounced from that area and rallied to a price of $2,030 after showing great recovery signs in recent....
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) Related Reading: TA: Bitcoin Price Could Rally If There Is A Close Above This Key Resistance Price Analysis Of ETH On The Weekly Chart Ethereum’s price saw a weekly close of around $1,720, with a new candle opening bullish ahead of the....