Tag Archives: ETH Analysis

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...

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...

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...

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...

Ethereum saw a 1% price hike over the past 24 hours as the coin reached $240.The cryptocurrency rebounded from the strong support at $225 as it edges toward $250.Against Bitcoin, Ethereum finally managed to break the strong resistance at 0.0253 BTC.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $245, $250, $265.ETH/BTC:Support: 0.0253 BTC, 0.025 BTC, 0.0243 BTC.Resistance: 0.026 BTC, 0.0263 BTC, 0.0266 BTC.ETH/USD: Ethereum Bulls Set Sights For $250...

BitcoinBitcoin pretty much moved sideways this week after slipping by a small 1%. While predominantly trading in a tight range, BTC did slip beneath a critical level on a couple of occasions but has managed to recover.Last week, Bitcoin fell beneath a rising trend line formation that had been in play since mid-March. This provided the first alert that the uptrend could be stalling. This week, BTC has found support at a shorter termed rising trend line, adding to the strength of the support at...

Ethereum moved sideways over the past 24 hours as the bulls battle for the $225 level.The cryptocurrency has been falling all week as it drops by 5% after failing to break $250 last week.Against Bitcoin, Ethereum is attempting to reclaim the 0.025 BTC level.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $245, $250, $265.ETH/BTC:Support: 0.0243 BTC, 0.0239 BTC, 0.0236 BTC.Resistance: 0.025 BTC, 0.0253 BTC, 0.026 BTC.ETH/USD: Ethereum Bulls Battling To Defend...

Ethereum saw a sharp 5.6% price fall this past week as it drops to $223.This has caused ETH to penetrate beneath a rising trend line that has been in play since mid-March 2020.Against Bitcoin, Ethereum failed to overcome 0.0253 BTC again and dropped to 0.0245 BTC.Key Support & Resistance LevelsETH/USD:Support: $215, $210, $200.Resistance: $225, $245, $250.ETH/BTC:Support: 0.0243 BTC, 0.0239 BTC, 0.0236 BTC.Resistance: 0.025 BTC, 0.0253 BTC, 0.026 BTC.ETH/USD: Ethereum Falls Beneath Rising...

BitcoinBitcoin witnessed a 1.5% price decline over the past week as the cryptocurrency drops into the $9,190 level. The coin was trading at this price at the start of the week as it managed to push higher into the $9,815 level. BTC was unable to overcome this resistance, which caused it to fall back into $9,190.The crucial thing about this week’s price drop is the fact that BTC looks like it broke beneath a rising trend line that has been in play since mid-March 2020. If BTC continues beneath...

Ethereum saw a slight price drop today as the coin falls from $250 into the $233 level.Luckily, Ethereum found support at the rising trend line as the buyers battle to remain above.Against Bitcoin, Ethereum is re-testing the strong resistance at 0.0253 BTC.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $250, $265, $275.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.0239 BTC.Resistance: 0.026 BTC, 0.0263 BTC, 0.0266 BTC.ETH/USD: Ethereum Returns To Trend Line...