Ethereum started a major increase above $1,800 against the US Dollar. ETH is rising and might continue to rise towards the $2,000 resistance zone. Ethereum found support near $1,680 and started a fresh increase. The price is now trading above $1,800 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,740 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to rise further higher towards the $1,950 and $2,000 levels. Ethereum Price Rallies 12% Ethereum remained well bid above the $1,650 level. ETH formed a base and started a fresh increase above the $1,750 resistance zone. The bulls pumped the price above the $1,800 level. The price climbed higher and even … [Read More...]
TA: Ethereum Eyes Fresh Surge As It Holds Key Uptrend Support
Ethereum remained well bid above the $1,550 zone against the US Dollar. ETH is rising and might gain pace if there is a clear move above the $1,670 level. Ethereum found support near $1,580 and started a fresh increase. The price is now trading above $1,630 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,640 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh rally if there is a clear move above $1,670 and $1,680. Ethereum Price Eyes Upside Break Ethereum started another decline below the $1,650 level. ETH even traded below the $1,600 support zone but downsides were limited. The price remained in a range and was … [Read More...]
TA: Ethereum Stuck In Key Range, Why $1,480 Is The Key
Ethereum failed again to settle above the $1,620 zone against the US Dollar. ETH is sliding and might struggle to stay above the $1,480 support. Ethereum started another decline after there was a false break above $1,620. The price is now trading below $1,560 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase unless there is a clear move below the $1,480 support. Ethereum Price Tests Key Support Ethereum made another attempt to clear the $1,620 resistance zone. ETH even spiked above the $1,640 and $1,650 levels. However, the bears were active near the $1,660 level. A high was formed … [Read More...]