Ethereum dropped back beneath the $150 level to create a fresh low for December at $140.The cryptocurrency trades strong against BTC as it remains above 0.02 BTC.It has dropped by a steep 22% this month as the bears keep their strong grip on momentum.Key Support & Resistance LevelsETH/USDSupport: $145, $138.80, $133.50Resistance: $152, $158.60, $165, $170.ETH/BTC:Support: 0.0196 BTC, 0.019 BTC, 0.0184 BTCResistance: 0.020 BTC, 0.021 BTC, 0.0215 BTC, 0.0223 BTCETH/USD: ETH Creates Fresh...
Read More »Ethereum Price Analysis: ETH Claims $150 But Can It Go Any Higher?
Ethereum finally broke above the $150 level but now struggles at the resistance at $152.ETH broke beneath the lower boundary of the symmetrical triangle as expected.The bulls are attempting to gain control over the momentum but have failed to break above the 50 level on the RSI so far.Key Support & Resistance LevelsETH/USDSupport: $145, $138.80, $133.50Resistance: $152, $158.60, $165, $170.ETH/BTC:Support: 0.0196 BTC, 0.019 BTC, 0.0185 BTCResistance: 0.020 BTC, 0.021 BTC, 0.0215 BTC,...
Read More »Ethereum Price Analysis: Can ETH Finally Break Above $150?
Ethereum saw a small increase of 1% as it attempted to regain ground back above $150.ETH is poised to break beneath the 2-month long symmetrical triangle.The bulls must break above $158 to start a short term bull run.Key Support & Resistance LevelsETH/USDSupport: $145, $140, $133.50Resistance: $158.60, $165, $175, $185.ETH/BTC:Support: 0.01966 BTC, 0.019 BTC, 0.01850 BTCResistance: 0.020 BTC, 0.021 BTC, 0.0215 BTC, 0.0223 BTCETH/USD: The Downtrend Seems To Continue Since our last...
Read More »Ethereum Price Analysis: ETH Looks To Slip Lower After Struggling Below $150
Ethereum attempted to recover this week but only managed to rise by a small 2%.The cryptocurrency remains trapped within a symmetrical triangle against Bitcoin.Momentum has returned back into the favor of the bears as the coin shapes up for another drop lower.Key Support & Resistance LevelsETH/USDSupport: $140, $133.50, $128.35.Resistance: $158.60, $165, $175, $185.ETH/BTC:Support: 0.020 BTC, 0.0196 BTC, 0.0190 BTCResistance: 0.0210 BTC, 0.0215 BTC, 0.0223 BTCETH/USD – Ethereum Fail To...
Read More »Ethereum Price Analysis: After Breaking Below $150, Can ETH Recover?
SummaryEthereum witnessed disastrous two weeks of trading after dropping by a steep 22% and falling towards the $146 level.The cryptocurrency is trapped within a symmetrical triangle against Bitcoin.Ethereum looks to be shaping up for a rebound as the Stochastic RSI is primed for a bullish crossover on both USD and BTC charts.Key Support & Resistance LevelsETH/USDSupport: $130, $120, $105.Resistance: $160, $170, $180ETH/BTC:Support: 0.020BTC, 0.0195BTC, 0.0190BTC.Resistance: 0.021BTC,...
Read More »Ethereum Price Analysis: ETH Slips Below $180 But Bulls May Be Plotting a Comeback
Ethereum has seen a small increase of 0.45% over the past 24 hours and it currently trades at $177.46. Over the past week, ETH dropped by a total of 5.58%, falling beneath the short term consolidation pattern that it was previously trading within.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $19.26 billion. Looking at the ETH/USD 1-day chart:Since our last analysis, ETH dropped beneath the symmetrical triangle and fell into the current support at $176.19,...
Read More »Ethereum Price Analysis: ETH Fails To Break $190 Yet Again, Bulls Running Out Of Steam?
Ethereum has been very stagnant this past week, moving only by a small 0.3%. The cryptocurrency now trades at a price of $189. Ethereum has been trapped within a short term consolidation pattern because of which it only increased by a small 4% over the past 30 days.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $20.28 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency couldn’t break above the resistance at the...
Read More »Ethereum Price Analysis: In The Footsteps of Bitcoin, ETH Is Back Above $190
Ethereum saw a small increase of 2.85% over the past 24 hours and it currently trades at $191. This was largely been helped by the 2.74% spike seen in Bitcoin today. Ethereum is now trading at resistance provided by the 100-days EMA with a break above sending us well above $200. ETH remains the second-largest cryptocurrency as it holds a market cap of $20.62 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, ETH fell below the 100-days EMA but remained supported...
Read More »Ethereum Price Analysis: Could ETH Finally Breach The $200 Benchmark?
Ethereum marked a small increase of around 1% over the past 24 hours and it currently trades at $190. This allows ETH to grind its way higher toward the $200 level, and perhaps even more. However, it still needs to break above resistance at the 100-days EMA. Ethereum remains the second-largest cryptocurrency as it holds a market cap of $20.74 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency fell into the support at $180 where it proceeded to...
Read More »Ethereum Price Analysis: ETH Pulls Back To $180 But Are Bulls Plotting The Next Move Up?
Ethereum witnessed a small decline of about 2.14% over the past 24 hours and it currently trades at $182. This pullback comes after Ethereum managed to spike by 11.39% over the past week. ETH fell sharply against BTC but found support and started to travel north.Ethereum remains the second-largest cryptocurrency with a market cap of $19.76 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency managed to rebound at the support at $152 and started...
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