Tag Archives: ETH Analysis

Ethereum currently trades around 0.02193 BTC after breaking slightly below a crucial supportThe price is readying for a breakout from a symmetrical triangle as trading reaches a tight range on the 4-hourEthereum is showing a sign of weakness after witnessing a sizeable loss over the past few hoursETH/USD: Ethereum Trades Inside TriangleKey Resistance Levels: $122, $134.6, $151Key Support Levels: $101.2, $86, $83ETH/USD. Source: TradingViewAfter trading inside a descending channel for two...

After a 3-day recovery, Ethereum price continues its bearish momentumAgainst the US Dollar, Ethereum continued to struggle under the $140 markAgainst Bitcoin, ETH found weekly support (0.022 BTC) upon a mid-term trend line; however, the situation is fragileETH/USD: Ethereum Trades Under $140Key Resistance Levels: $140, $160, $180, $200Key Support Levels: $115, $100, $86, $80Last Thursday, we saw the heavy price movement that crashed Ethereum’s price to $86 following Bitcoin’s 40%  daily...

Bitcoin (BTC)Yesterday, the price of Bitcoin crashed by over 40%, following the emerging global market crisis. Before this fatal plunge, Bitcoin showed signs of weakness consolidating around the $8000 mark for three days.Meanwhile, this whole bearish scenario started from a mid-February high of $10,500, which was later confirmed by a bearish head-and-shoulds pattern, which played out around $8500 last week.Unfortunately for Bitcoin, the price has not just dropped to a 4-month low but now...

Ethereum fell by another 14% over the past 24 hours of trading as the cryptocurrency briefly slips to $160. This is a 35% drop over the past four days.The cryptocurrency dropped beneath the $190 support today, primarily driven by the new coronavirus financial crisis.Against Bitcoin, ETH broke beneath the previous strong support at 0.0247 BTC to reach below 0.0228 BTC.Key Support & Resistance LevelsETH/USD:Support:$165, $160, $152.Resistance: $171, $180, $190.ETH/BTC:Support: 0.0225 BTC,...

Ethereum dropped a steep 12% over the last 24-hours as it sinks into support at $205.The cryptocurrency initially climbed into the $250 resistance before severely rolling over and crashing toward the 100-days exponential moving average.Against Bitcoin, Ethereum also dropped but found support at the 0.0247 BTC level.Key Support & Resistance LevelsETH/USD:Support: $200, $190, $171.Resistance: $206, $220, $225.ETH/BTC:Support: 0.025 BTC, 0.0247 BTC, 0.0239 BTC.Resistance: 0.0263 BTC, 0.027...

Ethereum saw a further 3% price increase over the past 24 hours of trading as it heads toward $240, but still far from the 2020 high of $280 reached two weeks ago.Against Bitcoin, Ethereum rebounded above the 0.025 BTC, currently heading towards resistance at 0.026 BTC.Key Support & Resistance LevelsETH/USD:Support: $230, $225, $220.Resistance: $240, $250, $255.ETH/BTC:Support: 0.0256 BTC, 0.025 BTC, 0.0242 BTC.Resistance: 0.0263 BTC, 0.027 BTC, 0.0278 BTC.ETH/USD – Buyers Set Sights...

Ethereum rebounded by 3% from support provided by a rising trend line.The cryptocurrency had dropped by a total of 15% over the last week before the recent bounce.Against Bitcoin, Ethereum managed to remain above 0.025 BTC but is struggling at 0.026 BTC.Key Support & Resistance LevelsETH/USD:Support: $220, $215, $205.Resistance:$230, $240, $250.ETH/BTC:Support: 0.0255 BTC, 0.025 BTC, 0.0242 BTC.Resistance: 0.0263 BTC, 0.027 BTC, 0.0278 BTC.ETH/USD: Bulls Continue Battle To Defend...

Etheruem is attempting to rebound from support at $220 as the previous price decline stalls.The cryptocurrency is supported by the .5 Fib Retracement at $220.Against Bitcoin, Ethereum bounced higher after reaching the 0.025 BTC support.Key Support & Resistance LevelsETH/USD:Support: $220, $210, $205.Resistance: $225, $240, $250.ETH/BTC:Support: 0.0256 BTC, 0.025 BTC, 0.0242 BTC.Resistance: 0.027 BTC, 0.0278 BTC, 0.0288 BTC.ETH/USD: Bulls Continue Battle To Defend $220.Since our last...

Etheruem dropped by a total of 9% over the past 24 hours of trading as it falls to the $235 level.This retracement was expected after Ethereum double-topped at $285, causing it to roll over and start the decline.ETH also decreased against Bitcoin as it broke beneath support at the 0.026 BTC level; however, relative to other cryptocurrencies, it is holding strong.Key Support & Resistance LevelsETH/USD:Support: $235, $225, $220.Resistance: $250, $255, $270.ETH/BTC:Support: 0.0256 BTC, 0.025...

Etheruem has now increased by a total of 7.10% this week as the cryptocurrency edges toward $270.The bullish momentum has been fading. However, the buyers are still battling to stay present in the market.ETH made another attempt to break the 2020 high-day closing price today at 0.0278 BTC.Key Support & Resistance LevelsETH/USD:Support: $255, $250, $240.Resistance: $275, $285, $290.ETH/BTC:Support: 0.026 BTC, 0.0256 BTC, 0.025 BTC.Resistance: 0.0278 BTC, 0.0288 BTC, 0.030 BTC .ETH/USD:...