TA: Ethereum Tumbles To $2.2K, Can The Bears Push ETH To $2K
Ethereum extended losses below the $2,500 level against the US Dollar. ETH even tested the $2,200 support and remains at a risk of more losses. Ethereum remained in a bearish zone and declined below $2,300. The price is now trading below $2,400 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $2,380 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher, but the bears might remain active near $2,400. Ethereum Price Dives 10% Ethereum remained in a bearish zone below the $2,500 pivot level. ETH traded....
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Ethereum has been on a downward trend with the rest of the market. Most notable though had been the movement of the digital asset in the last 24 hours. Ethereum which had been holding up above the $2,000 level had finally succumbed to pressure from bears. This saw it lose about 20% of its value in a day and had effectively pushed it back toward the $1,600 level. The push behind this remains the same; massive sell-offs. Ethereum Investors Want Out Investors in the second-largest cryptocurrency by market cap, Ethereum, have been rapidly liquidating their holdings in the last week. This has....
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Ethereum extended losses below the $1,400 support against the US Dollar. ETH is consolidating and might recover if there is a clear move above $1,340 resistance. Ethereum started a major decline below the $1,400 and $1,350 levels. The price is now trading below $1,400 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair is down over 10% and is currently consolidating losses near $1,300. Ethereum Price Dives Over 10% Ethereum started a major decline from well above the....
Ethereum declined below the main $2,000 support zone against the US Dollar. ETH price is showing bearish signs and it remains at a risk of more downsides below $1,800. Ethereum extended its decline below the $2,000 and $1,920 levels. The price is now trading well below the $2,000 resistance and the 100 hourly simple moving […]