TA: Ethereum Holds Crucial Support, Why Hopes of Fresh Rally Is Intact
Ethereum remained well bid above the $1,720 support against the US Dollar. ETH recovered losses, but it is still facing hurdles near the $1,850 zone. Ethereum remained well bid above the $1,720 support zone. The price is now trading below $1,800 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,840 on the hourly chart of ETH/USD (data feed via Kraken). The pair might start a steady increase if there is a clear move above the $1,850 resistance zone. Ethereum Price Remains Stable Ethereum remained well bid above the $1,700 level and....
Related News
Ethereum started a fresh increase from the $700 zone against the US Dollar. ETH price retested the $745 resistance and it is likely to attempt an upside break above $750. Ethereum remained well bid above $695 and it climbed back above $720. The price is now trading well above $720 and the 100 hourly simple […]
Ethereum found support near $2,150 and started a fresh increase against the US Dollar. ETH price is showing positive signs and it could soon rally above $2,500. Ethereum formed a support base above $2,150 and recently started a fresh increase. The price is now trading well above $2,400 and the 100 hourly simple moving average. […]
Ethereum is consolidating in a contracting range above the $565 support against the US Dollar. ETH price must surpass $05 to start a strong upward move towards $625 and higher. ETH price found support near $565 and started a steady recovery against the US Dollar. The price is currently trading above $580 and the 100 […]
Cardano’s price is holding the $0.1000 support level and recovering higher. However, ADA must surpass $0.1085 and $0.1100 to start a fresh rally in the near term. ADA is facing a strong resistance near $0.1065 and $0.1085 against the US dollar. The price is trading nicely above the $0.1000 support and the 100 simple moving […]
Ethereum may have finally exhausted its energy after going full throttle over the last few days that enabled it to briefly hit $1,675. As the altcoin alpha has finally entered the expected correction phase, analysts shared their thoughts, saying the crypto, at all cost, must hold its $1,500 support zone if it hopes to initiate another bullish rally anytime soon. Let’s take a quick glance at how Ether has performed so far this month: Ethereum failed to hold the crucial $1,500 support marker ETH has declined by 6.3% over the last seven days Three million addresses holding 9 million ETH....