Ethereum price rallied following Bitcoin and tested $1,850 against the US dollar. ETH is correcting gains, but the bulls might remain active near $1,750. Ethereum started a downside correction from the $1,850 resistance. The price is trading above $1,750 and the 100-hourly Simple Moving Average. There is a major bullish trend line forming with support…
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Ethereum price started a decent increase after Bitcoin rallied 15% against the US dollar. ETH is rising, but it might struggle to clear the $1,850 resistance. Ethereum started a steady increase above the $1,750 resistance. The price is trading above $1,780 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming…
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Ethereum price started a decent increase after Bitcoin gained momentum against the US dollar. ETH is rising and might test the key $1,750 resistance. Ethereum started a decent increase above the $1,650 resistance. The price is trading above $1,660 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support…
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Ethereum price managed to stay above the $1,520 support against the US dollar. ETH is rising and might rally if it clears the $1,605 resistance. Ethereum averted more losses below the $1,520 support zone. The price is trading above $1,560 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend…
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Ethereum price settled below the $1,565 support zone against the US dollar. ETH is accelerating lower and might drop toward the $1,440 support. Ethereum is gaining pace below the $1,550 support zone. The price is trading just below $1,565 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance…
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Ethereum price failed to start fresh increase above $1,600 against the US dollar. ETH is now struggling to stay above the $1,550 support zone. Ethereum extended its decline and tested the $1,550 support zone. The price is trading just below $1,580 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming…
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Ethereum price started a steady increase from the $1,520 zone against the US dollar. ETH is now struggling to clear the $1,605 and $1,620 resistance levels. Ethereum is attempting a recovery wave above the $1,570 level. The price is trading just above $1,575 and the 100-hourly Simple Moving Average. There is a key bullish trend…
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Ethereum price managed to recover from the $1,520 level against the US dollar. ETH is now facing hurdles near the $1,565 and $1,600 resistance levels. Ethereum is attempting a recovery wave above the $1,550 level. The price is trading just above $1,550 and the 100-hourly Simple Moving Average. There was a break above a major…
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Ethereum has been in a descending channel against Bitcoin since August of last year, meaning Bitcoin has been the better investment over this time. However, historical trends show the tides could be changing soon, with Ethereum possibly on the brink of entering an accumulation phase. Ethereum Price Action Ethereum is trading at $1600, marking a…
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Ethereum price is trading at roughly $1,550 after failing to get back above $2,000 throughout the entirety of 2023 thus far. Increasingly higher lows during the year and a horizontal resistance zone had formed an ascending triangle – a potentially bullish chart pattern. This pattern, however, is possibly failing. A busted pattern target could send…
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