Ethereum increased by a small 1.3% over the past 24 hours of trading as the cryptocurrency reaches $170.It is now facing resistance at the 100-days EMA and has struggled here for the past 3-days.Against Bitcoin, Ethereum continues to perform well as it reaches 0.0234 BTC.Key Support & Resistance LevelsETH/USD:Support: $165, $150, $145.Resistance: $175, $180, $188.ETH/BTC:Support: 0.023 BTC, 0.022 BTC, 0.0215 BTC.Resistance: 0.0235 BTC, 0.024 BTC, 0.0247 BTCETH/USD: Ethereum Struggles At...
Read More »Ethereum Price Analysis: ETH Soars 13%, Completes 100% ROI Since March Bottom. $200 Soon?
Ethereum surged by a total of 13.6% over the last 24 hours as it reaches $175.ETH rocketed higher after breaking the $146 resistance yesterday, allowing it to break resistance at $165 and $170.Against Bitcoin, Ethereum also surged significantly as it climbed from 0.021 BTC to 0.0235 BTC.Key Support & Resistance LevelsETH/USD:Support: $167, $165, $150.Resistance: $175, $180, $187.ETH/BTC:Support: 0.023 BTC, 0.022 BTC, 0.0215 BTC.Resistance: 0.024 BTC, 0.0247 BTC, 0.025 BTC.ETH/USD:...
Read More »Analysis: ETH Price Highly Correlated With The Increasing Unique Ethereum Addresses
New data indicates that the number of active Ethereum addresses could accurately predict the future price movements of ETH. Unique addresses have been rising since March, and the price of the token has been continuously surging.Active ETH Addresses Corresponds With The Price?Information provided from the popular monitoring resource, Santiment, suggested that the number of active Ethereum addresses has been increasing since mid-March. More specifically, after the price plunges that took place...
Read More »Ethereum Price Analysis: ETH Struggles At $146 As It Progresses Against Bitcoin
Ethereum increased by 11% over the past 7-days as the cryptocurrency reaches $143.ETH broke above a consolidation pattern this week after rising above the upper boundary of a triangle at $140.Against Bitcoin, Ethereum is attempting to recover as it sets its sights toward the 0.021 BTC level again.Key Support & Resistance LevelsETH/USD:Support: $140, $129, $120.Resistance: $146, $165, $170.ETH/BTC:Support: 0.021 BTC, 0.0201 BTC, 0.0196 BTC.Resistance: 0.0215 BTC, 0.0222 BTC, 0.023...
Read More »Crypto Price Analysis & Overview April 3rd: Bitcoin, Ethereum, Ripple, EOS, and Tezos
BitcoinBitcoin managed to increase by around 8% over the past 7-days of trading as the cryptocurrency climbed above crucial resistance at $6,800 today. Bitcoin had actually been trading within an ascending triangle and bounced from the lower boundary of this pattern 5-days ago, which allowed it to break above the upper boundary at $6,800.Note: Today’s candle has still not closed, so it is not fully confirmed if this is a real breakout.From above, the first level of resistance lies at $7,000....
Read More »Ethereum Price Analysis: ETH Charges At $140 Despite Indecision Against Bitcoin
Ethereum saw a 4% price increase over the past 24 hours as it reaches $138.The cryptocurrency had rebounded from support at the lower boundary of a triangle, and the latest price hike allowed it to reach the upper boundary.Against Bitcoin, Ethereum is attempting to recover as it sets its sights toward the 0.021 BTC level again.Key Support & Resistance LevelsETH/USD:Support: $130, $129, $120.Resistance: $145, $150, $165.ETH/BTC:Support: 0.0201 BTC, 0.0196 BTC, 0.0192 BTC.Resistance: 0.021...
Read More »Ethereum Price Analysis: ETH Consolidates Around $133 But Rolls Over Against Bitcoin
Ethereum saw a 1.6% price increase over the last 24-hours as it currently trades around $133.The cryptocurrency had fallen beneath an acute ascending triangle but managed to find support at the lower boundary of a new triangle this weekend.Against Bitcoin, Ethereum suffers as it drops back beneath 0.021 BTC. Remaining above 0.201 BTC will be crucial moving forward.Key Support & Resistance LevelsETH/USD:Support: $130, $123, $120.Resistance: $135, $140, $150.ETH/BTC:Support: 0.0201 BTC,...
Read More »Ethereum Price Analysis: ETH At Support Around $130 But Looks Promising Against Bitcoin
Ethereum continues to struggle as it remains beneath $130 today with a small decline.The cryptocurrency fell below the ascending triangle consolidation pattern, bringing in another bearish scenario for ETH.Against Bitcoin, Ethereum managed to rebound from support at 0.0201 BTC to climb back above 0.021 BTC.Key Support & Resistance LevelsETH/USD:Support: $128, $120, $110.Resistance: $135, $140, $150.ETH/BTC:Support: 0.021 BTC, 0.0201 BTC, 0.0196 BTC.Resistance: 0.0215 BTC, 0.022 BTC,...
Read More »Crypto Price Analysis & Overview March 27th: Bitcoin, Ethereum, Ripple, Monero, IOTA
BitcoinBitcoin price increased by a total of around 10% this week as it blew past the $6,000 level to reach the resistance at $6,800. It did manage to spike as high as $7,000 but has failed to break above $6,800 for the past 4-days of trading and recently rolled over to reach $6,640.From above, the first level of resistance to break lies at $6,800. Above this, resistance lies at $7,000, $7,200 (bearish .5 Fib Retracement), $7,500, $7,700, and $8,000 (bearish .618 Fib Retracement &...
Read More »Ethereum Price Analysis: ETH Rangebound Around $135 But Bears Might Settle In Against Bitcoin
Ethereum saw a small 0.5% price increase today as it continues to battle the $140 resistance level.The cryptocurrency has been bouncing in a very tight range between $135 and $140 for the past 4-days.Ethereum dropped beneath the crucial 0.021 BTC support this week to drop as low as 0.0201 BTC.Key Support & Resistance LevelsETH/USD:Support: $135, $120, $110.Resistance: $140, $150, $165.ETH/BTC:Support: 0.0201 BTC, 0.02 BTC, 0.0196 BTC.Resistance: 0.021 BTC, 0.0215 BTC, 0.022 BTC.ETH/USD:...
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