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TA: Why Ethereum (ETH) Key Indicators Suggest Fresh Drop Below $2K Reading Time: 2 mins read Ethereum failed to stay above $2,100 and it is now moving lower against the US Dollar. ETH price is likely to continue lower and it could even break $2,000. Ethereum started a fresh decline from well above the $2,200 support zone. The price is now trading below $2,100 and the 100 hourly simple moving average. There was a break below a major bullish trend line with support near $2,100 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline heavily if there is a break below the $2,...
TA: Ethereum Regains Strength, Why ETH Could Rally Above $2K Reading Time: 2 mins read Ethereum started a fresh increase after the bulls defended $1,700 against the US Dollar. ETH price is likely to continue higher above the main $2,000 resistance. Ethereum is showing positive signs above the $1,850 and $1,900 resistance levels. The price is now well above $1,900 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $1,840 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to clear the $2,000 barrier and it cou...
TA: Ethereum Still Below 100 SMA, Why BTC Is Outperforming ETH Reading Time: 2 mins read Ethereum is still struggling to gain pace above $2,000 against the US Dollar. ETH price is still below the 100 hourly SMA, while bitcoin surpassed $35,000. Ethereum is still struggling to clear the $2,050 and $2,060 resistance levels. The price is trading near the $2,000 barrier and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $1,950 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear $2,000 and $2,050 to start a strong ...
TA: Here’s Why Ethereum (ETH) Follow Bitcoin and Rally Above $2,500 Reading Time: 2 mins read Ethereum is trading in a positive zone above the $2,400 support zone the 100 hourly SMA against the US Dollar. ETH price is likely to rally if there is a clear break above $2,500. Ethereum is trading in a positive zone above the $2,400 and $2,420 support levels. The price is now trading above $2,450 and the 100 hourly simple moving average. There was a break above a major bearish trend line with resistance near $2,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct low...