TA: Ethereum Revisits $2.5K, Why Recovery Could Be Capped
Ethereum extended decline below the $2,650 support zone against the US Dollar. ETH price is struggling and there is a risk of a move below $2,500. Ethereum started a fresh decline from well above the $2,800 pivot zone. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a connecting bearish trend line forming with resistance near $2,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend decline below $2,500 if it fails to recover above the $2,650 resistance. Ethereum Price Extends Decline Ethereum failed to start a fresh....
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Ethereum extended decline below the $3,300 support zone against the US Dollar. ETH price could recover from $3,120, but it might face hurdles near $3,250. Ethereum extended decline below the $3,300 and $3,250 support levels. The price is trading below $3,250 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $3,180 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it clears the $3,200 and $3,250 resistance levels. Ethereum Price Struggles Ethereum extended decline below the $3,250 support....
Ethereum failed to surpass $2,600 and started a fresh decline against the US Dollar. ETH price is holding the $2,400 support, but it is likely to face sellers near $2,550. Ethereum made two attempts to gain strength above $2,625, but failed. The price is now trading well below $2,550 and the 100 hourly simple moving […]
Ethereum started a strong surge above $600 and $620 against the US Dollar. ETH price tested the $650 resistance zone and it is currently correcting gains. Ethereum gained bullish momentum after it broke the $600 resistance level. The price is up more than 10% and it is now well above the 100 hourly simple moving […]
Ethereum (ETH) is currently consolidating in a tight range following its recent selloff, demonstrating resilience by holding above key support zones. However, the price remains firmly capped by a descending trendline and structural resistance around the $3,400 level. While buyers defend the vital $2,905 low, the trend remains sideways until ETH can achieve a decisive close above the descending resistance to initiate the next major rally. ETH Attempts To Stabilize After The Selloff According to a daily update from CyrilXBT, Ethereum is attempting to form a base following its recent selloff,....
Ethereum gained bullish momentum and it cleared the $1,950 resistance against the US Dollar. ETH price tested $2,000 and it is likely to continue higher. Ethereum is extending gains and it recently tested the $2,000 resistance zone. The price is now well above the $1,950 support and the 100 hourly simple moving average. There is […]