BitcoinBitcoin may have only seen a small 2.5% price surge over the last week of trading, but it was action-packed. On Monday, it surged from $9,426 and managed to rise as high as $10,430 to re-test the 2020 high.Unfortunately, it was unable to keep itself above $10,000 and dropped lower during the week to land at the $9,426 support. It has since bounced higher as it trades at $9,668.Looking ahead, if the buyers continue, the first level of resistance to overcome lies at $9,815. This is...
Read More »After A False Breakout, Can Ethereum Finally Get Beyond $250? ETH Price Analysis
Ethereum surged by 15% over the past week of trading as it reaches $243.The coin broke above an ascending triangle pattern to end the consolidation during the week.Against Bitcoin, Ethereum has broken the upper boundary of a wide symmetrical triangle.Key Support & Resistance LevelsETH/USD:Support: $240, $225, $220.Resistance: $245, $250, $265.ETH/BTC:Support: 0.025 BTC, 0.0243 BTC, 0.0239 BTC.Resistance: 0.0255 BTC, 0.0259 BTC, 0.0263 BTC.ETH/USD: Ethereum In A Battle With $250After...
Read More »ETH Finally Reclaims $250 In Wake of Bitcoin’s Latest Rally, What’s Next? Ethereum Price Analysis
Ethereum surged by a total of 6% over the past 24 hours of trading as the coin breaks $250.Before this, ETH was struggling with the resistance at $244 – which has now become strong support.Against Bitcoin, Ethereum remains within a wide symmetrical triangle as it attempts to break the upper boundary again.Key Support & Resistance LevelsETH/USD:Support: $250, $245, $255.Resistance:$265, £274, $280.ETH/BTC:Support: 0.0243 BTC, 0.0239 BTC, 0.0235 BTC.Resistance: 0.025 BTC, 0.0255 BTC, 0.0259...
Read More »Ethereum Price Analysis: After 15% Weekly Gains, Can ETH Break $250 First Time Since February?
Ethereum completes a daily 10% price increase, and a 7-day 15% gains, recording a current high of $245.ETH hit resistance at a bearish .786 Fib Retracement before dropping by 2.5% today down to the $235 price region.Against Bitcoin, Ethereum exploded to 0.025 BTC, which is a new 30-day high.Key Support & Resistance LevelsETH/USD:Support: $230, $225, $220.Resistance:$245, $250, $260.ETH/BTC:Support: 0.0245 BTC, 0.024 BTC, 0.0236 BTC.Resistance: 0.0255 BTC, 0.0259 BTC, 0.0263 BTC.ETH/USD –...
Read More »Ethereum Price Analysis: ETH Records 30-Days High Following a 10% Surge
Ethereum is stuck at 0.023 BTC resistance after forming a cup-and-handle patternIt is gaining strength again after reclaiming the crucial $200 mark this weekETH/USD: Ethereum Recovers Well Above $200Key Resistance Levels: $226, $237, $246Key Support Levels: $211, $200, $191ETH/USD. Source: TradingViewThere’s no doubt that the bulls are coming up again following the latest buying volume in the entire crypto market. Ethereum’s price jumped 10% in two days before it met resistance and pulled...
Read More »Crypto Price Analysis & Overview May 29th: Bitcoin, Ethereum, Ripple, Tezos, and Chainlink
BitcoinBitcoin saw a small 3% price increase over the past seven days as it currently trades around the $9,433 level. The cryptocurrency had started the week off by dropping beneath $9,000 and reaching the support at the rising trend line. Luckily, the buyers managed to defend this support to prevent BTC from slipping into a bearish trend.Bitcoin rebounded from the rising trend line over the past three days as it breached the $9,000 resistance again and continued as high as $9,600. It has...
Read More »Ethereum Price Analysis: ETH Bounces From $200 But Shows Weakness Against The Rising Bitcoin
Ethereum increased by 3% today as it rebounds from $200 and reaches $208.The cryptocurrency battles to remain above the rising trend line.Against Bitcoin, Ethereum failed to continue above 0.023 BTC as it drops back into the 200-day EMA.Key Support & Resistance LevelsETH/USD:Support: $200, $187, $180.Resistance: $215, $220, $225.ETH/BTC:Support: 0.022 BTC, 0.0215 BTC, 0.021 BTC.Resistance: 0.023 BTC, 0.0236 BTC, 0.024 BTC.ETH/USD – Ethereum Forming Ascending Triangle.Ethereum rebounded...
Read More »Ethereum’s Endless Battle At $200 Is Getting To Decision: ETH Price Analysis
Ethereum increased by 2% today as the buyers battle to defend the $200 level.A rising trend line formation further bolsters the support at $200.Against Bitcoin, ETH continues its road to recovery as it breaches the 0.023 BTC level today.Key Support & Resistance LevelsETH/USD:Support: $200, $187, $180.Resistance: $211, $220, $225.ETH/BTC:Support: 0.023 BTC, 0.0225 BTC, 0.022 BTC.Resistance: 0.0236 BTC, 0.024 BTC, 0.0247 BTC.ETH/USD – Ethereum Bulls Battle To Defend $200.Ethereum dropped...
Read More »Crypto Price Analysis & Overview May 22nd: Bitcoin, Ethereum, Ripple, Cardano, and TFuel
BitcoinBitcoin saw a 4.4% price decline over the past seven days of trading as the coin trades at $9,115. The cryptocurrency was at the $9,815 resistance level for the majority of the week as it continuously failed to close above it. Bitcoin went on to slide lower from there on Wednesday as it dropped into the $9,400 level.Yesterday, Bitcoin continued to drop further as it dipped beneath $9,000 to reach as low as $8,800. Luckily, the buyers regrouped to push the coin back above $9,000 before...
Read More »Ethereum Price Analysis: ETH Bulls Looking Exhausted At $210 Despite 11% Weekly Increase
The bulls are eyeing $226 resistance, but they could get trapped if a double-top pattern comes into play.Ethereum is currently looking bullish across its trading pair after rising by 11% in 7 days.Against Bitcoin, Ethereum is starting to show strength after finding support around 0.021BTC.ETH/USD: Ethereum Eyeing $226 Key Resistance Levels: $217, $226.8, $246Key Support Levels: $191, $176, $152.6ETH/USD. Source: TradingViewA few days back, Ethereum saw a sharp correction to $175 after marking...
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