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Ethereum Price Key Indicators Suggest Strengthening Case For Upside Break

Ethereum remained supported above the $1,240 level against the US Dollar, the NewsBTC reported. ETH is rising and might soon attempt an upside break above the $1,300 barrier. Ethereum remained well bid above the $1,240 and $1,220 levels. The price is now trading above $1,260 and the 100 hourly simple moving average. There is a […]

Ethereum Price Broke Out Of Descending Channel, What’s Next?

Ethereum price has been trading within a descending trendline, which is a sign of bearishness. Over the last 24 hours, the Ethereum price has been different as the coin registered a 6% appreciation. As the coin appreciated, it broke outside of the descending channel. Over the last week, the Ethereum price lost more than 7% […]

Ethereum Price ‘Cup and Handle’ Pattern Hints at Potential Breakout Versus Bitcoin

Ether has printed a classic bullish reversal pattern against Bitcoin weeks before the Merge launch date. Ethereum’s native token Ether (ETH) has rebounded 40% against Bitcoin (BTC) after bottoming out locally at 0.049 on June 13. Now, the ETH/BTC pair is at two-month highs and can extend its rally in the coming weeks, according to […]

Ethereum Shows Signs Of Exhaustion, But Could It Still Touch $1,700?

The crypto market has extended its bullish momentum despite recent tailwinds, Ethereum continues to lead in this recovery. The second crypto by market cap trades at $1,600 with a 35% profit in the past week, the NewsBTC reported on July 22. Trading firm QCP Capital shared a market update claiming the current bullish price action has been […]

Why Ethereum At Risk of Fresh Decline, $3,200 Holds The Key

Ethereum struggling to clear the $3,400 resistance against the US Dollar. ETH price is holding the $3,250 support, but there is a risk of more downsides, the NewsBTC predicts. Ethereum started a downside correction from the $3,400 resistance zone. The price is trading below $3,300 and the 100 hourly simple moving average. There was a […]

Ethereum Remains In Uptrend, Here Are Next Possible Targets

Ethereum gained pace and traded to a new all-time high above $4,650 against the US Dollar. ETH corrected gains, but dips could be limited below $4,400, the NewsBTC writes. Ethereum gained pace above the $4,550 and $4,600 resistance levels. The price is now trading above $4,500 and the 100 hourly simple moving average. There is […]

Ethereum Outperforms Bitcoin, Why ETH Could Rally To New ATH

Ethereum started a fresh increase above $4,175 against the US Dollar. ETH could gain pace if there is a clear break above $4,300 in the near term, the NewsBTC writes. Ethereum was able to climb above the $4,175 and $4,200 resistance levels. The price is now trading above $4,200 and the 100 hourly simple moving […]

Ethereum Steers Into Support, Time For More Slump Or Return to Previous Highs?

Ethereum follows the general sentiment in the market and trends downwards in the daily and weekly charts. After news about a confirmed FUD on China banning crypto-related operations, a portion of the market reacted negatively and created selling pressure. This sent Bitcoin and Ethereum back to their critical support zones. At the time of writing, […]