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May 29, 2021
It’s a mixed start to the day for the majors. A move through the day’s pivot levels would support a run at the resistance levels after the Friday sell-off.
May 27, 2021
Ethereum failed to continue above $2,900 against the US Dollar. ETH price corrected gains and it is now trading near a major support at $2,640 and the 100 hourly SMA.
May 26, 2021
Ethereum extended its upward move above the $2,750 resistance zone against the US Dollar. ETH price is showing positive signs and it could rise towards $3,000 or even higher.
May 25, 2021
Ethereum extended its upward move above the $2,550 resistance zone against the US Dollar. ETH price settled above the 100 hourly SMA and it might continue to rise.
May 24, 2021
TA: Ethereum Faces Hurdles, HereтАЩs What Could Trigger Strong Recovery Reading Time: 2 mins read Ethereum extended its decline and traded close to the $1,700 zone against the US Dollar. ETH price is recovering, but it is facing a strong resistance near $2,200. Ethereum extended its decline below the $2,000 and $1,800 support levels. The price is well below the $2,500 level and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $2,200 on the h...
May 20, 2021
Ethereum declined heavily and it even tested the $2,000 support zone against the US Dollar. ETH price is attempting a recovery and it must clear $2,800 for a steady rise.
May 18, 2021
TA: Ethereum Steadies Above $3,200, HereтАЩs What Could Trigger Strong Surge Reading Time: 2 mins read Ethereum is holding the key $3,120 support zone against the US Dollar. ETH price is consolidating and it seems like it could soon clear the $3,500 resistance zone. Ethereum is holding the ground above the $3,120 and $3,200 support levels. The price is still well below the $3,600 level and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance nea...
May 13, 2021
TA: Ethereum Dives Below $4K, HereтАЩs Why ETH Could Struggle In Short-Term Reading Time: 2 mins read Ethereum started a major decline from well above $4,000 against the US Dollar. ETH price is now correcting losses from $3,500, but it could struggle near $4,050 and $4,100. Ethereum topped near the $4,375 before staring a downside correction. The price declined heavily below $4,000 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $4,...
May 12, 2021
Ethereum started a fresh increase and it traded to a new all-time high above $4,250 against the US Dollar. ETH price is now showing signs of more upsides
May 10, 2021
TA: Ethereum Smashes $4K, Why ETH Is Not Done Yet Reading Time: 2 mins read Ethereum extended its rally and it traded to a new all-time high above $4,000 against the US Dollar. ETH price is showing a lot of positive signs and it is likely to climb above $4,100. Ethereum extended its rally above $3,900 and it traded to a new all-time high near $4,030. The price is now trading well above $3,950 and the 100 hourly simple moving average. There is a crucial bullish trend line forming with support ne...