Tag Archives: Ethereum (ETH) Price

Ethereum Ethereum is up a solid 9% today as the cryptocurrency surges past $3000 again. The coin has now broken the upper boundary of the previous range that it was trading inside over the past fortnight. The range was between $3150 and $2800 and Ethereum bounced from the lower boundary on Wednesday, where it found support at the 100-day MA. Since then, ETH managed to break the September descending trend line and head back above the 20-day MA. Looking ahead, the first...

ETH/USD – Ether Remains Inside Established Range Key Support Levels: $2890, $2710, $2620.Key Resistance Levels: $3000, $3200, $3300. Etheruem continues to trade inside the range it set around ten days ago between $3200 and support at $2770 (.786 Fib). A 100-day MA further bolsters the support at the bottom end of the range. Yesterday, ETH found the support at $2800 and rebounded higher from there today as it spikes above $3000. The market will need to break this established...

ETH/USD – Ether Falls Back Beneath $3000 Key Support Levels: $2890, $2770, $2600.Key Resistance Levels: $3000, $3180, $3200. Ethereum fell a sharp 5% today as it dropped back beneath $3000 to reach the current $2900 support. Since falling below the neckline on a head & shoulders pattern last Monday, the cryptocurrency has been trapped inside a trading range for the past eight days between $3180 and around $2770 (100-day MA). The bulls rebounded from the lower boundary of...

The overall demand for ETH continues to increase with new on-chain data suggesting that the total supply held on exchanges has declined by approximately one-third in the past year alone. As such, less than 20% of all ETH in existence is currently sitting on trading platforms. Investors Withdraw ETH Tokens It’s safe to say that the Ethereum blockchain is arguably the most utilized network in the cryptocurrency space. After all, it’s the home of numerous projects from two of...

Ethereum Ethereum is down a sharp 21% this week as the coin sits beneath $3000. The sell-off started on Monday when ETH slipped beneath the neckline of a head & shoulders pattern and the 50-day MA. Initially, the market found support at $3000 but would continue to fall beneath it on Tuesday to find support at $2770 (.786 Fib Retracement). ETH did rebound on Wednesday and Thursday as it climbed back above $3000. However, it lost another sharp 9% today, causing it to break...

Following a few days of adverse price developments, bitcoin has started to recover some value and currently sits around $45,000. Most altcoins have stalled in the same timeframe, with a few exceptions from Polkadot and Terra. Bitcoin Taps $45K The start of the week was highly damaging for the bitcoin bulls as the price of the cryptocurrency plummeted on Monday from $48,000 to around $43,000 in hours. The situation only worsened in the following two days as BTC dumped by a few...

ETH/USD – Ether Finds .786 Fib Support. Key Support Levels: $2770, $2720, $2600.Key Resistance Levels: $3000, $3200, $3290. Ethereum is now down a steep 15% on the week as it plummeted beneath $3000. The coin started the week off by falling beneath a rising trend line and the 50-day MA. The trend line also formed the neck of a head and shoulders pattern that could send it as low as $2400. Since breaking the 50-day MA, ETH continued to decrease until it hit yesterday’s low at...

ETH/USD – Ether Plummets Into $3000 Support Key Support Levels: $2890, $2770, $2720.Key Resistance Levels: $3200, $3300, $3350. Ethereum fell a sharp 11.5% today as it crashed back to $3000. The cryptocurrency had dropped from near $4000 at the start of September as it fell into support around $3200 (.5 Fib Retracement) last week. A rising trend line bolstered the support, and it allowed ETH to rebound during the week. It reached as high as $3600 last week but rolled over on...

ETH/USD – Ether Reclaims 20-day MA After Finding $3200 Support. Key Support Levels: $3530, $3350, $3200.Key Resistance Levels: $3790, $3975, $4000. Ethereum managed to establish support at $3200 (.5 Fib) over the weekend. The level there was further bolstered by the 50-day MA, and it allowed ETH to start rebounding at the beginning of this week. Yesterday, the cryptocurrency surged higher from $3400, allowing it to break resistance at the 20-day MA and reach $3600. The move...

ETH/USD – Ether Falls Into .5 Fib Support Key Support Levels: $3200, $3150, $3000.Key Resistance Levels: $3350, $3480, $3600. After Tuesday’s market wipeout, ETH is now down a total of 15% on the week after falling from near $4000. The coin found support at $3200 (.5 Fib) over the weekend and rebounded higher. Unfortunately, it could not break the 20-day MA resistance at $3485 yesterday and rolled over from there today as it fell by 2% to meet the current $3200 (.5 Fib) level...