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Tag Archives: ETH Analysis

Ethereum Price Analysis: Following the BTC Flash Crash, ETH Takes Aim at ATH Again

Key Support level: $3,900 Key Resistance level: $4,380 Ethereum missed breaking the all-time high by less than $5 dollars today and is now preparing for another attempt after a sharp rejection (13% drop on Bitstamp). As we reported earlier, Bitcoin flash crashed on numerous exchanges and even dipped by 87% on Binance US for a second. This dragged the entire market down, but it seems that prices are now recovering. The bulls quickly bought the support line at $3,900 after the...

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Ethereum Price Analysis: ETH Breaks $4K Following Bitcoin’s Rally, is ATH In Sight?

Key Support level: $3,900 Key Resistance level: $4,380  After Bitcoin set a new all-time high at almost $67,000, Ethereum broke the $4,000 level and looks primed to follow in Bitcoin’s footsteps. It seems as if it is only a matter of time now until ETH will also break its all-time high at $4,380 (Bitstamp). The bulls have taken full control of the market, and higher prices are expected for ETH as well. Chart by TradingViewETH Technical Indicators Volume: Sustained volume this...

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Ethereum Price Analysis: Following a Short-Term Correction, is $4K in Sight for ETH?

Key Support level: $3,600 Key Resistance level: $3,900  Over the past couple of days, Ethereum has been consolidating following a correction after the most recent rally where the price was rejected at the key resistance of $3,900. On Sunday, ETH’s wicked down almost to the aforementioned support of $3,600. From a technical standpoint, the price is unlikely to attempt another push above the resistance until the bulls get a firm hold of the support area, meaning that a more...

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Crypto Price Analysis & Overview October 15th: Ethereum, Ripple, Cardano, Polkadot & Matic

Ethereum Ethereum managed to increase by 6.4% this week as it continues to climb higher inside an ascending price channel. The price channel formed at the start of October after ETH found support and reversed at $2800. Last week, ETH found resistance at $3600, causing it to fall into the support at $3400. It bounced from $3400 on Wednesday as it hit the lower boundary of the price channel. Yesterday, ETH managed to break $3600 and push higher into resistance at $3790 (bearish...

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Crypto Price Analysis Oct-8: Bitcoin, Ethereum, Ripple, Cardano, and Polkadot

Bitcoin Bitcoin is up by an incredible 25.7% this week as the cryptocurrency surges beyond $55,000. The increase started at the beginning of October when it managed to break above a descending price channel and go above the 50-day MA. Since then, BTC surged higher during the week until it broke the September highs at $53,000 and met resistance at $55,400 on Wednesday. It did attempt to break above $55,400 today, reaching as high as $56,000 (1.414 Fib Extension) but is showing...

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Ethereum Price Analysis: ETH Breaks Back Above 50-Day MA Following a 9% Weekly Surge

ETH/USD – Ether Breaks 50-day MA Key Support Levels: $3300, $3150, $3000.Key Resistance Levels: $3600, $3790, $4000.x Etheruem found support at $2770 (.786 Fib & 100-day MA) on Wednesday and has been increasing ever since. On Thursday, ETH managed to break a descending trend line as it passed the 20-day MA to reach the 50-day MA. Over the weekend, ETH continued above the 50-day MA as it broke resistance at $3350 reach as high as $3485. It has since rolled over and is now...

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Crypto Price Analysis & Overview October 1st: Ethereum, Ripple, Cardano, Binance Coin, & Uniswap

Ethereum Ethereum is up a solid 9% today as the cryptocurrency surges past $3000 again. The coin has now broken the upper boundary of the previous range that it was trading inside over the past fortnight. The range was between $3150 and $2800 and Ethereum bounced from the lower boundary on Wednesday, where it found support at the 100-day MA. Since then, ETH managed to break the September descending trend line and head back above the 20-day MA. Looking ahead, the first...

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Ethereum Price Analysis: ETH Flirts With $3,000 But Will Bulls Manage to Break It?

ETH/USD – Ether Remains Inside Established Range Key Support Levels: $2890, $2710, $2620.Key Resistance Levels: $3000, $3200, $3300. Etheruem continues to trade inside the range it set around ten days ago between $3200 and support at $2770 (.786 Fib). A 100-day MA further bolsters the support at the bottom end of the range. Yesterday, ETH found the support at $2800 and rebounded higher from there today as it spikes above $3000. The market will need to break this established...

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Ethereum Price Analysis: Bears Take ETH Below $3K With a 5% Daily Dump

ETH/USD – Ether Falls Back Beneath $3000 Key Support Levels: $2890, $2770, $2600.Key Resistance Levels: $3000, $3180, $3200. Ethereum fell a sharp 5% today as it dropped back beneath $3000 to reach the current $2900 support. Since falling below the neckline on a head & shoulders pattern last Monday, the cryptocurrency has been trapped inside a trading range for the past eight days between $3180 and around $2770 (100-day MA). The bulls rebounded from the lower boundary of...

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Crypto Price Analysis & Overview September 24th: Ethereum, Ripple, Cardano, Solana, and Avalanche

Ethereum Ethereum is down a sharp 21% this week as the coin sits beneath $3000. The sell-off started on Monday when ETH slipped beneath the neckline of a head & shoulders pattern and the 50-day MA. Initially, the market found support at $3000 but would continue to fall beneath it on Tuesday to find support at $2770 (.786 Fib Retracement). ETH did rebound on Wednesday and Thursday as it climbed back above $3000. However, it lost another sharp 9% today, causing it to break...

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