Ethereum Slips to $3K, Highlighting Weakness After Recent Failed Rebound
Ethereum price failed to stay above $3,250 and extended losses. ETH is down over 5% and might struggle to recover above $3,250 in the near term. Ethereum started a fresh decline after it failed to stay above $3,200. The price is trading below $3,200 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,160 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $3,000 zone. Ethereum Price Dips Further Ethereum price failed to continue higher above $3,350 and started a fresh....
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Volatility continues to linger within the general crypto market, and Bitcoin has seen notable bearish movement since its recent failed attempt to reclaim the $100,000 price level. Bitcoin may have failed to reclaim the $100,000 mark, but certain developments suggest that a rebound might be imminent. Could A Major Reversal Be Next For Bitcoin? In […]
Ethereum price failed to stay above $3,550. ETH is trimming gains and might decline further if it dips below the $3,350 support. Ethereum started a fresh decline after it failed to stay above $3,550. The price is trading below $3,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,550 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $3,350 zone. Ethereum Price Dips Further Ethereum price failed to continue higher above $3,650 and started a fresh decline, like....
Here are two Ethereum metrics that are currently showing values that may lead to a rebound for the cryptocurrency’s price. Ethereum Could Rebound Off The Current Market FUD According to data from the on-chain analytics firm Santiment, the crowd seems to have started to bet against ETH in the past few days. There are two […]
Ethereum could be on the cusp of seeing a strong push higher in the near-term despite its recent weakness. Over the past 24-hours, the cryptocurrency has seen some intense weakness, with the lack of intense buying pressure at $400 opening the gates for intense downside after Bitcoin saw a sharp selloff. ETH is now showing […]
Ethereum has been severely underperforming Bitcoin as of late, which has led the ETHBTC trading pair to see immense weakness It is currently plunging lower as Bitcoin’s $13,800 rejection sends shockwaves throughout the market Although it has reached its first key support zone, weakness seen by both BTC and ETH individually will likely drag it significantly lower in the near-term This weakness can only be reverted if bulls step up and propel both the cryptocurrencies […]