Ethereum Price Fights for Momentum—Traders Watch Key Resistance
Ethereum price started a fresh decline below the $1,620 zone. ETH is now consolidating and might attempt to recover above the $1,620 resistance. Ethereum started a fresh decline below the $1,620 and $1,600 levels. The price is trading below $1,620 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $1,590 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $1,615 resistance zone. Ethereum Price Faces Hurdles Ethereum price struggled to continue higher above $1,690 and....
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XRP price started a fresh increase above the $2.120 resistance. The price is now consolidating and must settle above $2.1680 for more gains. XRP price started a fresh increase above the $2.00 and $2.10 levels. The price is now trading above $2.10 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2.120 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair might extend gains if there is a close above the $2.1680 resistance zone. XRP Price Eyes Fresh Gains XRP price managed to stay above the $1.920 support zone....
Ethereum gained bullish momentum and cleared the $3,000 resistance against the US Dollar. ETH price is rising, but it could face hurdles near the $3,200 level. Ethereum found support and started a strong increase above the $3,000 level. The price is now trading above $3,000 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $3,010 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate higher, but the $3,200 barrier might prevent additional gains. Ethereum Price Reclaims $3K Ethereum formed a base for a....
BNB price is gaining pace from the $600 support zone. The price is rising and might aim for a fresh move toward the $750 resistance. BNB price is moving higher above the $650 resistance zone. The price is now trading above $665 and the 100-hourly simple moving average. There is a key bullish trend line forming with support at $660 on the hourly chart of the BNB/USD pair (data source from Binance). The pair must stay above the $650 level to start another increase in the near term. BNB Price Eyes Fresh Rally After forming a base above the $600 level, BNB price started a fresh increase. There....
Traders watch closely as BTC price presses at a long-term trendline resistance that has previously capped previous rallies. On Sept. 12, Bitcoin is doing Bitcoin things as usual. Since Sept. 9 the price has broken out nicely, booking a near 16% gain and rallying into the long-term descending trendline which appears to have resistance at $23,000. BTC/USDT 1-day chart. Source: TradingViewPerhaps BTC and the wider market are turning bullish ahead of the Ethereum Merge which is scheduled for Sept. 14, or maybe the elusive bottom is finally in. Weekly chart data from TradingView shows that on....
Ethereum gained bullish momentum for a move above $1,625 against the US Dollar. ETH is now showing positive signs and might soon test the $1,700 zone. Ethereum is up close to 5% and there was a clear move above the $1,625 resistance. The price is now trading above $1,600 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $1,580 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise if it stays above $1,600 or $1,580. Ethereum Price Beats Bitcoin Ethereum started a steady increase from the $1,535 support....