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Tag Archives: ETH Analysis

Ethereum Price Analysis: ETH Attempting a New Break Beyond $4,460

Key Support level: $3,969 Key Resistance level: $4,460 The bulls are attempting another break above the all-time high after the shakeout from 27th October which saw the market take a downturn. After the short-lived correction last week, ETH recovered quickly and has maintained a price above the $3,969 support level. This is a show of strength from the bulls and the bears need to return in force if they stand any chance of reversing this momentum. Chart by TradingViewETH Price...

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Crypto Price Analysis Oct-29: Ethereum, Cardano, Ripple, Shiba, and Doge

This week was very intense in terms of price action, and we take a look at Ethereum, Cardano, Ripple, Shiba, and Doge. Ethereum After a lot of anticipation, Ethereum has finally managed to set a new all-time high today. At $4,400, this new peak is a bit of a disappointment considering the previous one was at $4,380. The bulls did not have the strength to push higher, but this may change in the following week. Overall, another good week for ETH with a 6.3% rally. Chart by...

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Ethereum Price Analysis: ETH Dips Below $4K, Can Bulls Defend the Important Level?

Key Support level: $3,969 , $3,500 Key Resistance level: $4,380 Ethereum’s (ETH) failure to break the all-time high early this morning quickly changed the market sentiment, and bears took full control for a brief period. In the early hours of this morning, Ethereum attempted to break the all-time high, but it was stopped at $4,332 – just $50 below it. Once bulls realized they can’t push the price higher, the action was in the hands of the bears that did not hesitate and...

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Ethereum Price Analysis: ETH Struggles At Critical Support, Breakdown Can Lead to $3500 Retest

Ethereum’s (ETH) failure to break the all-time high at $4,380 quickly pushed the price back to the support range. Despite the correction, it seems ETH can drop much lower if the short-term bearish momentum continues. Key Support level: $4,000 , $3,500 Key Resistance level: $4,380 Ethereum is currently testing the critical support level at around $4,000. If the level fails to hold, ETH can drop to the next support level found around $3,500. On Thursday, Ethereum found strong...

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Crypto Price Analysis Oct-22: Ethereum, Cardano, Ripple, Polkadot & Solana

Ethereum This week, Ethereum managed to rally over 8.5% and nearly touched the all-time high at $4,380, missing it by $5 (Bitstamp). The momentum remains bullish and the price is in a steep uptrend as shown by the trendline which is currently acting as support around $4,000. A break below this level can push ETH back to the next support found at $3,500. The resistance at $4,380 continues to hold, at least until another attempt is made by the bulls to break it. Considering...

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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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