Ethereum price retests support at $310 twice in September. A double-bottom pattern in the 4-hour range predicts recovery to $360 in the near term. After trading highs of $489 at the beginning of September, the smart contract token has tested support at $310 twice. Recovery has been capped under $400 with Ether suffering rejection at
Ethereum suffered under the impact of an ascending channel, shattering support areas at $360 and $340. ETH/USD is only taking a breather at $340 because signals remain bearish amid calls for $300. The smart contracts token has been on a downward roll following the rejection suffered slightly above $390 towards the end of last week.
Ethereum bulls are battling the prevalent resistance between $390 and $400. ETH/USD may invalidate the bearish case by holding onto support between $363 and $374 according to IntoTheBlock’s data. Ethereum price is facing tough resistance between $390 and $400. The smart contract giant token bid for gains past $400 was also invalidated in this same
Ethereum price spikes to a new yearly high at $447 following Bitcoin (BTC) surge to $12,492. Ether bulls are trying to build on the support established at $430 following the impact of a double-top pattern. Ethereum price action in the last two days has been building on the support established above $410. Although there was
Ethereum price starts to cave into selling pressure under $400. ETH/USD path of least resistance is downwards but support is anticipated at $390. Ethereum price for the first time in 2020 made it above $400 even beating the 2019 high around $361. A new yearly high was formed at $415.86 but marked the end of
Ethereum slips below $320 for the second time this week but support at $312 is still intact. ETH/USD requires a boost above $320 in order to make the final run-up for the triangle breakout eyeing $400. Ethereum bulls have for most of this week’s trading found it increasingly difficult to hold the price above $320.
Ethereum renews the bearish pressure under $320 in tandem with Bitcoin’s retreat under $11,000. ETH/USD is not in grave danger yet according to the trend of the MACD. Ethereum surprised many with its incredible rally from last week but particularly on Sunday. The second-largest digital asset cleared the resistance at a key symmetrical triangle. This
Ethereum price pulls above several resistance zones including at $250 and $260. ETH/USD rally takes a breather at $265 but there is still room for growth. Ethereum trading remained mundane for several weeks in spite of strong fundamentals within its network. While other altcoins rallied, Ethereum persisted in a range that was broken at some
Ethereum recovers above $240 following Bitcoin price surge to weekly highs above $9,400. ETH/USD hit a wall at $245 once again and delayed a possible triangle pattern breakout. Ethereum price again proved its correlation to Bitcoin price has grown stronger. The largest altcoin remained motionless even when smaller altcoins were rallying in the first two weeks of July. Ether ignored a possible
Ethereum is poised for a technical breakout above $240 with the potential for gains towards $250. ETH/USD is accorded multiple support areas including the 21 and 50 EMA if declines come into the picture. Ethereum is changing the technical picture from the weakness experienced last week to a show of strength in the new week.
Ethereum recovers from $228 support but gains towards $235 stall under $235. ETH/USD bulls have just enough power to prevent losses under $225 in favor of consolidation. Ethereum plunge on Thursday followed the return of some volatility in the market that was mainly attributed to top Twitter accounts being hacked. For a period of more
Vitalik Buterin reckons that some DeFi projects are unsustainable in the long term. Ethereum price recovers back to $240 pivotal level but it is not out of danger yet. It is clear that projects within the Ethereum network and especially decentralized finance (DeFi) projects are doing extremely well. The DeFi ecosystem last week hit an
ETHUSD Is showing an overall bearish outlook currently below the important 200 and 100 EMA and with a bearish breakdown confirmed heavily to the downside which can continue when the bears hold this pace. Also ETHUSD is building a huge triangle formation which is a descending triangle that can break heavily to the downside when
Ethereum price flirts with $225 amid broad-based cryptocurrency consolidation. ETH/USD bulls look forward to a possible rally to $250 on breaking above the EMA 50 resistance. Ethereum, just like its counterpart Bitcoin, has settled for consolidation. In fact, the entire cryptocurrency market is dealing with sideways trading action. As for Ether, the resistance at $230
Ethereum reverses from the resistance at $230; buyers seek support at $225. ETH/USD bulls must not underestimate the selling pressure because $200 is still within reach. The second-largest cryptocurrency is battling increased selling activities just like other major cryptocurrencies in the market including Bitcoin, Ripple and Bitcoin Cash. Last week, Ether rose significantly from the
Ethereum price faces rejection at $228, tumbles to seek support at $220. ETH/USD is in grave danger of losses to $200 as long as it stays under the ascending channel support. Ethereum price corrected below critical ascending channel support last week. This poked massive holes in the mission of pulling the price above $250. Instead,
Ethereum price is pivotal at $230 following rejection from $235. ETH/USD must hold onto the ascending channel support at all costs because losing it could be detrimental to progress. Ethereum performance in the last 48 hours has not been impressive. Bearish forces continue to terrorize bulls under $250. Attempts to break above this critical level
Ethereum price finds support above $250 after a failed attempt to break $250 for the second time this week. ETH/USD likely to settle in consolidation as per the MACD; a move that will help keep the focus on $250. Ethereum price rushed towards $250 on Wednesday during the European session. The move saw other cryptocurrencies
Ethereum settles above $240 after retreating from highs at $246.77. Despite the retreat, Ethereum remains technical poised for gains above $250. Ethereum exploded in impressive gains on Monday. The move resulted in significant price action above various key levels including $235 and $240. The bullish leg extended towards $250 but failed to sustain gains above
Ethereum breaks out, stepping above but the journey to $240 and $250 is an uphill task. ETH/USD bounce from $227 (opening value) rides on a key falling wedge pattern breakout. Ethereum is at the helm of cryptocurrency recovery on Monday following an advance made from $227 (opening value) to highs above $240. Ether is not