Tag Archives: ETH Analysis

This week, we take a closer look at Ethereum, Ripple, Solana, Luna, and Avalanche. Ethereum (ETH) Ethereum has reclaimed the $4,000 level and appears ready to move higher towards the next key resistance at $4,400. The battle for the $4,000 level was intense, and it took almost a week until the buyer side prevailed. The price dropped to the former support at $3,700 several times, and the outlook on Monday was grim. But this quickly changed as the market turned back up. As...

Key Support levels: $3,700 Key Resistance levels: $4,000, $4,435, $4,868 (ATH) The battle between buyers and sellers is ongoing at the key $4,000 level. So far, the sellers managed to push the price below it after a short incursion from bulls. At the time of this post, the $4,000 level is acting as a resistance, and if the buyers manage to turn it into support, then ETH can rally further. Chart by TradingViewTechnical Indicators Trading Volume: Volume disappeared after ETH...

On Saturday, bulls made another attempt to push the ETH price above $4,000 with no success. After ETH had broken below $4K, the latter turned into the main question for deciding Ethereum’s short-term future. Key Support levels: $3,700 Key Resistance levels: $4,000, $4,435, $4,868 (ATH) ETH is attempting to stop the downtrend and curved up above the support at $3,700, creating long wicks to the downside over the past week (this shows that there is demand at lower levels)....

ETH briefly dipped below $4,000 as bulls are struggling to maintain the key price over the past few days. Key Support levels: $4000, $3850 Key Resistance levels: $4566, $4868 (ATH) ETH was rejected by the $4,566 resistance level on Thursday and was quickly pushed down by the bears towards the key support at $4,000. On December 10, ETH’s price slipped below this key support, however, the bulls were able to get the price back above the level the day after. At the time of this...

Key Support levels: $4,000  Key Resistance levels: $4,566, $4,868 (ATH) ETH rallied after touching the key support level at $4,000 and came close to reaching $4,500, where bears stepped up. It appears the resistance at $4,566 will be a hard one to crack, as the bulls don’t seem to have sufficient momentum at the time of this writing. On the ETH/BTC chart, the situation is looking better, and the price made a new local high at 0.088 BTC before retracing. Bitcoin’s market share...

Key Support levels: $4,000 Key Resistance levels: $4,350, $4868 (ATH) ETH failed to chart any meaningful gains throughout the week as bears intercepted all attempts at a rally and managed to bring the price back towards the $4,000 support on a few occasions. This price action shows that bulls don’t appear ready to push above the $4,350 resistance, and bears are seemingly in control of the momentum, at least for the short term. Until $4,350 is flipped into support, bulls need...

This week, the market correction continued with most cryptocurrencies suffering significant losses, particularly today when Bitcoin dropped 10% in 12 hours, and altcoins charted double-digit losses. In what follows, we take a look at Ethereum, Binance Coin, Solana, Avalanche, and CryptoCom’s CRO. Ethereum (ETH) Ethereum had a nice rally this past few days and gave hope of a major breakout. However, today’s price action has re-set ETH back to $4,000 ending the past seven days...

Key Support levels: $4,000, $4,350 Key Resistance levels: $4868 (ATH)  ETH gave some strong signals yesterday that it was turning bullish, particularly on the Bitcoin pair. Today, it has broken above the $4,350 resistance. If this momentum continues, ETH can enter a new rally that can take it back to the all-time high at $4,868 and beyond. Chart by TradingViewTechnical Indicators Trading Volume: The break above the key resistance at $4,350 took place on low volume, and this...

Key Support levels: $4,000 | 0.070 BTC Key Resistance levels: $4,350, $4868 (ATH) | 0.080 BTC ETH’s price is currently consolidating between the support at $4,000 and the resistance at $4,350. However, on the Bitcoin pair, ETH looks much more interesting as it has just hit a 2-month high (0.076 BTC) and appears ready to break above a key resistance spanning all the way back to 2018. If ETH can do this successfully, it may outperform Bitcoin in the near future. Chart by...

Ethereum’s price dropped under $4,000 for a brief period on Thursday before heavily recovering. However, the danger is not over yet, as ETH needs to break above critical key resistance. Key Support levels: $4,000 – $3,850 Key Resistance levels: $4,350 – $4868 (ATH) – $5,075 ETH’s price is currently hovering around the key resistance of $4,350, the level that ETH was unable to close above over the past five days. If failing to do so, ETH is likely to see another drop to retest...