Key Support level: $3,969 Key Resistance level: $4,460 The bulls are attempting another break above the all-time high after the shakeout from 27th October which saw the market take a downturn. After the short-lived correction last week, ETH recovered quickly and has maintained a price above the $3,969 support level. This is a show of strength from the bulls and the bears need to return in force if they stand any chance of reversing this momentum. Chart by TradingViewETH Price...
Read More »Market Watch: Ethereum Breaks ATH and Retraces, Binance Coin Soars 8%
After another day of enhanced volatility, bitcoin touched $63,000 but has retraced with a few thousand dollars since. Ethereum marked another all-time high above $4,400 before correcting as well, while Binance Coin has surged to north of $500. ETH’s Latest ATH: BNB Up 8% Ever since BTC tapped its new all-time high last week at $67,000, all eyes in the cryptocurrency community were on the second-largest digital asset whether it could do the same. And it took ETH more than a...
Read More »Crypto Price Analysis Oct-29: Ethereum, Cardano, Ripple, Shiba, and Doge
This week was very intense in terms of price action, and we take a look at Ethereum, Cardano, Ripple, Shiba, and Doge. Ethereum After a lot of anticipation, Ethereum has finally managed to set a new all-time high today. At $4,400, this new peak is a bit of a disappointment considering the previous one was at $4,380. The bulls did not have the strength to push higher, but this may change in the following week. Overall, another good week for ETH with a 6.3% rally. Chart by...
Read More »Ethereum Price Analysis: ETH Dips Below $4K, Can Bulls Defend the Important Level?
Key Support level: $3,969 , $3,500 Key Resistance level: $4,380 Ethereum’s (ETH) failure to break the all-time high early this morning quickly changed the market sentiment, and bears took full control for a brief period. In the early hours of this morning, Ethereum attempted to break the all-time high, but it was stopped at $4,332 – just $50 below it. Once bulls realized they can’t push the price higher, the action was in the hands of the bears that did not hesitate and...
Read More »Ethereum Price Analysis: ETH Struggles At Critical Support, Breakdown Can Lead to $3500 Retest
Ethereum’s (ETH) failure to break the all-time high at $4,380 quickly pushed the price back to the support range. Despite the correction, it seems ETH can drop much lower if the short-term bearish momentum continues. Key Support level: $4,000 , $3,500 Key Resistance level: $4,380 Ethereum is currently testing the critical support level at around $4,000. If the level fails to hold, ETH can drop to the next support level found around $3,500. On Thursday, Ethereum found strong...
Read More »Weekend Status Quo: Bitcoin Stable Amid $60K, ETH Maintains $4K (Market Watch)
Bitcoin dipped below $60,000 once again in the past 24 hours but has recovered and currently stands above it. Most altcoins are also untypically calm this weekend, with ETH sitting north of $4,000. Shiba Inu, though, charted a new all-time high hours ago. Bitcoin Remains Above $60K All crypto eyes in the past few weeks were on the launch of the first-ever Bitcoin Futures ETF in the United States. After years of waiting, the Securities and Exchange Commission finally allowed...
Read More »Crypto Price Analysis Oct-22: Ethereum, Cardano, Ripple, Polkadot & Solana
Ethereum This week, Ethereum managed to rally over 8.5% and nearly touched the all-time high at $4,380, missing it by $5 (Bitstamp). The momentum remains bullish and the price is in a steep uptrend as shown by the trendline which is currently acting as support around $4,000. A break below this level can push ETH back to the next support found at $3,500. The resistance at $4,380 continues to hold, at least until another attempt is made by the bulls to break it. Considering...
Read More »Ethereum Price Analysis: Following the BTC Flash Crash, ETH Takes Aim at ATH Again
Key Support level: $3,900 Key Resistance level: $4,380 Ethereum missed breaking the all-time high by less than $5 dollars today and is now preparing for another attempt after a sharp rejection (13% drop on Bitstamp). As we reported earlier, Bitcoin flash crashed on numerous exchanges and even dipped by 87% on Binance US for a second. This dragged the entire market down, but it seems that prices are now recovering. The bulls quickly bought the support line at $3,900 after the...
Read More »Ethereum Price Analysis: ETH Breaks $4K Following Bitcoin’s Rally, is ATH In Sight?
Key Support level: $3,900 Key Resistance level: $4,380 After Bitcoin set a new all-time high at almost $67,000, Ethereum broke the $4,000 level and looks primed to follow in Bitcoin’s footsteps. It seems as if it is only a matter of time now until ETH will also break its all-time high at $4,380 (Bitstamp). The bulls have taken full control of the market, and higher prices are expected for ETH as well. Chart by TradingViewETH Technical Indicators Volume: Sustained volume this...
Read More »Ethereum Price Analysis: Following a Short-Term Correction, is $4K in Sight for ETH?
Key Support level: $3,600 Key Resistance level: $3,900 Over the past couple of days, Ethereum has been consolidating following a correction after the most recent rally where the price was rejected at the key resistance of $3,900. On Sunday, ETH’s wicked down almost to the aforementioned support of $3,600. From a technical standpoint, the price is unlikely to attempt another push above the resistance until the bulls get a firm hold of the support area, meaning that a more...
Read More »