Ethereum Price Rejected Again — Is Another Leg Lower Brewing?
Ethereum price started a fresh decline and traded below $1,980. ETH is now consolidating and remain at risk of another decline below $1,920. Ethereum struggled to extend gains above $2,000 and corrected lower. The price is trading below $1,980 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,960 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,000 zone. Ethereum Price Remains In The Red Ethereum price failed to stay above $2,000 and started a fresh decline, like Bitcoin.....
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The crypto market saw retracement across all boards with the crypto marketcap being rejected from its resistance of $1.2 trillion leaving top cryptos affected. This has led to market sentiments going back to bearish with many crypto assets sitting on the key support zone. Let us focus on the top 5 cryptos you should pay attention to this week. Related Reading: TA: Ethereum Bears Aim Big After Recent Breakdown Below $1,600 Disclaimer: The picks listed in this article should not be taken as investment advice. Always do your research and never invest more than what you can afford to lose. Top....
The price of Avalanche (AVAX) slips at $30 against Tether (USDT) as Avalanche (AVAX) eyes key support to hold the price from selling off. AVAX showed great strength rallying to a high of $30 but was rejected as Bitcoin’s (BTC) price continued to go lower, affecting the price of AVAX from trending higher. (Data from Binance) Related Reading: Why Bitcoin Is Oversold As BTC Reclaims Territory North Of $20,000 Avalanche (AVAX) Price Analysis On The Weekly Chart According to the chart, the price of AVAX had a strong bullish bias at $30, but the price was rejected from that region,....
Amid the latest market recovery, Ethereum (ETH) attempted to break out from its multi-month downtrend, leading some market watchers to suggest that a new rally could start soon. However, as price struggles to hold the $1,600 level as support, the cryptocurrency risks losing recent momentum. Related Reading: Ethereum Enters Historic Buy Zone As Price Dips Below Key Level – Insights Ethereum Breakout Eyes Key Resistance On Easter Sunday, the crypto market saw a positive end-of-week after jumping 4.2%. Bitcoin (BTC) closed the week above the $85,000 barrier for the first time this month,....
Ethereum price fell sharply after testing the $7.80 resistance. It looks like a recovery in ETH/USD won’t be easy in the near term. Key Highlights. ETH price after correcting higher towards $7.80 against the US Dollar found sellers and traded lower. The downside move was prevented by a bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD. The price may continue to struggle since there is a lot of selling pressure examined. Ethereum Price Support. We saw how there was a recovery in ETH price versus the US Dollar yesterday, but the price could trade higher for....
Ethereum prices surge from the low of $980 to a high of $1,743 with so much excitement as regards the merge coming up in a few weeks. With the monthly close, there have been high expectations for the Ethereum price to reach a region of $2,000 -$2,400. Ethereum Weekly Chart The Ethereum price surged from the low $1,012 to $1,743 after several weeks of a downtrend. There was a bit of relief bounce from Ethereum haven traded below the 50 & 200 Exponential moving average (EMA). Ethereum, as of writing, is trading at $1,580 after being rejected at $1,722; Ethereum could not break the weekly....