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TA: Why Ethereum Above $1,500 Is Just The Start of A Major Rally Reading Time: 2min read Ethereum broke the $1,450 resistance and surged above $1,500 against the US Dollar. ETH price traded to a new all-time high at $1,550 and it is likely to continue higher. Ethereum is up over 10% and it broke many hurdles near $1,450 and $1,500. The price is now trading nicely above $1,500 and the 100 hourly simple moving average. There was a break above a short-term contracting triangle with resistance near $1,535 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to accelerate high...

Ethereum struggled to clear $1,400 and declined to $1,275. ETH price is struggling, but it could recover once there is a clear break above $1,350.

It’s a mixed start to the week. Steering clear of the week’s pivot levels would support further gains in the week ahead, however.

Ethereum remains in a range above the $1,300 support. ETH price is likely to gain momentum above $1,400 and $1,450 resistance levels in the near term.

TA: Ethereum Holding Key Uptrend Support, Why ETH Could Rally To $1,400 Reading Time: 2min read Ethereum gained pace above the $1,300 level against the US Dollar, but it struggled near $1,375. ETH price is approaching a major support and it is likely to bounce back above $1,350. Ethereum faced a strong selling interest near $1,375 and corrected lower. The price is approaching the $1,300 support zone and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $1,305 on the hourly chart of ETH/USD (data feed via Kraken). The pair could test $1,292 befor...