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Tag Archives: ETH Analysis

Ethereum Price Analysis: $300 Broken, What’s The Next Target For ETH?

Ethereum saw a massive price increase over the past 24 hours, which allowed it to push above the $300 level.The cryptocurrency continued to drive upward from $300 today as it reached as high as $320 before dropping.Against Bitcoin, Ethereum created a fresh 2020 high as it reached 0.0317 BTC.ETH/USD: Break Above $300 Sets Fresh 2020 Highs For ETHKey Support Levels: $300, $297, $287.Key Resistance Levels: $320, $333, $342.Ethereum saw an impressive 31% price surge over the past week of trading....

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Crypto Price Analysis & Overview July 24th: Bitcoin, Ethereum, Ripple, DigiByte, and Augur

BitcoinBitcoin saw a strong 4% price rise this week, which saw it hit the $9,500 level. The cryptocurrency started the week by trading at the lower boundary of a symmetrical triangle near the $9,000 support region. From there, it rebounded higher, which allowed Bitcoin to break above the triangle and exit the previous phase of consolidation.This positive breakout now puts Bitcoin on the bullish trajectory as it sets its sights towards the $10,000 level again.Looking ahead, the first two...

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Ethereum Price Analysis: ETH Skyrockets 13%, Is $300 Coming?

Ethereum saw an impressive 13% price surge today as the coin reached as high as $276.This allowed ETH to break out of the previous phase of consolidation and turn bullish.Against Bitcoin, Ethereum is attempting to create a fresh high-day closing candle for 2020.ETH/USD: Bullish Breakout Could Start Surge Toward $300Key Support Levels: $265, $250, $245Key Resistance Levels: $275, $287, $294Ethereum had found strong support at a rising trend line, which also acted as the lower boundary of a...

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Ethereum Price Analysis: After BTC Woke Up, Can ETH Finally Reclaim $250?

Ethereum saw a small increase today as it attempts to break the resistance at $245.Against Bitcoin, Ethereum retested the 0.0263 BTC level.ETH/USD: Bulls Looking To Break Above Ascending Triangle.Key Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265.Ethereum was trading at the lower boundary of an ascending triangle pattern earlier in the weekend. From there, it rebounded and pushed higher to reach the current resistance at $245 (bearish .786 Fib Retracement).ETH has...

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Ethereum Price Analysis: ETH Eyes Huge Move – $200 Or $250?

Ethereum increased by a small 1.62% over the past 24 hours as it reached $238.The cryptocurrency remained above a rising trend line this weekend, which kept the uptrend intact.Against Bitcoin, Ethereum rebounded from the 0.0253 BTC level to reach 0.026 BTC today.ETH/USD: Bulls Defend Rising Trend Line To Keep Bull Run AliveKey Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265.Last week, ETH dropped from the $245 resistance, which caused it to fall into the rising support...

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Crypto Price Analysis & Overview July 17: Bitcoin, Ethereum, Ripple, Chainlink, and Tezos

BitcoinBitcoin saw a small 1% price decline this week, but it managed to remain within the confines of a symmetrical triangle pattern.Throughout the week, BTC attempted to break above the upper boundary of the triangle on numerous occasions but failed each time. The coin recently found support at the lower edge of the triangle.BTC can be considered directionless (neutral) until a breakout occurs from this triangle. If it breaks toward the upside, then BTC can be expected to head back to the...

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Ethereum Price Analysis: ETH Bulls Fighting Hard to Defend $230

Ethereum saw a sharp 3% price drop today as it falls to the $230 level.This price decline has put ETH in danger of breaking beneath a rising trend line and turning bearish.Against Bitcoin, Ethereum fell lower from the 0.0263 BTC resistance to reach 0.0253 BTC again today.ETH/USD: ETH Bears Push Into Trend Line SupportKey Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265.Looking at the daily chart, we can see that ETH struggled to break the resistance at $245 this week...

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Ethereum Price Analysis: ETH Bears Resurface Below $240

Ethereum saw a small 1.6% price drop today as the coin reached the $240 level.Earlier in the week, ETH hit the $250 level but was unable to overcome it, which caused it to fall to $240.Against Bitcoin, Ethereum has traded in a range between 0.026 BTC and 0.026 BTC this past week.ETH/USD: Ethereum Bulls Retreat From $250Key Support Levls: $240, $225, $215.Key Resistance Levels: $250, $265, $274.At the start of July, Ethereum bounced higher from the support at $225 to reach the resistance at...

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Crypto Price Analysis & Overview July 10: Bitcoin, Ethereum, Ripple, Cardano,and Doge

BitcoinBitcoin saw a small 1% increase this week as it continued to trade sideways within the confines of a symmetrical triangle pattern. BTC has been trapped within this triangle since the start of June 2020, and a breakout will dictate the next direction.Looking ahead, if the buyers can rebound from the lower boundary of the triangle and push above the upper boundary, the first level of resistance will be located at $9,815. This is followed by additional resistance at $10,000, $10,226, and...

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Ethereum Price Analysis: ETH Follows Bitcoin’s Latest Decline to $240 But Bullish Bias Holds

Ethereum saw a 2.2% price decline today as it dropped from $250 level to hit $240 today.Earlier in the week, ETH rebounded from the strong $225 support, which allowed it to start to climb toward $250 this week.Against Bitcoin, Ethereum created a fresh 3-month high after breaking above 0.026 BTC to reach 0.0263 BTC.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $250, $265, $274.ETH/BTC:Support: 0.026 BTC, 0.0245 BTC, 0.0239 BTC.Resistance: 0.0263 BTC, 0.0266...

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