Ethereum Price Declines Again: Will the Downtrend Continue?
Ethereum price failed to continue higher above the $2,880 resistance. ETH is now moving lower and might slip further toward the $2,320 support. Ethereum started a fresh decline below the $2,700 level. The price is trading below $2,700 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at…
Ethereum Price Could Be Primed For Another 100% Move After Printing Capitulation Candle
Ethereum’s price action in the past seven days has led to the creation of a capitulation candle that might send it on another surge within the next eight to twelve weeks. This capitulation candle caught the attention of crypto analyst Ted Pillows, who noted an interesting repeating capitulation pattern for Ethereum. According to technical analysis…
Ethereum Price Stuck in Slow Gear: Will a Breakout Come Soon?
Ethereum price started a recovery wave above the $2,650 zone. ETH is now struggling to clear the $2,880 and $2,920 resistance levels. Ethereum started a decent upward move above the $2,620 zone. The price is trading below $2,750 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with…
Ethereum Price Sets Its Sights on Higher Levels: Can Bulls Maintain Momentum?
Ethereum price started a recovery wave above the $2,650 zone. ETH is showing positive signs and might aim for a move above the $2,880 resistance. Ethereum started a decent upward move above the $2,650 zone. The price is trading below $2,850 and the 100-hourly Simple Moving Average. There was a break above a short-term declining…
Ethereum Price Path to Recovery Blocked by Key Barriers
Ethereum price started a recovery wave above the $2,550 zone. ETH is showing positive signs but faces many hurdles near the $2,880 level. Ethereum started a decent upward move above the $2,550 zone. The price is trading below $2,880 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at…
Ethereum Price Recovery Stalls at Resistance: Can Bulls Break Through?
Ethereum price started a recovery wave above the $2,500 zone. ETH is up nearly 10% and now faces a major resistance near $2,920. Ethereum started a decent upward move above the $2,500 support zone. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…
Ethereum Price Tanks 25%: What’s Next After the Major Decline?
Ethereum price started a fresh decline below the $3,000 zone. ETH is down over 25% and the bears seem to be in control below $2,770. Ethereum started a fresh decline below the $3,000 support zone. The price is trading below $2,800 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming…
Ethereum Price Enters Bullish Expansion, Analyst Reveals How High It Can Go In February
Ethereum is still showing signs of upward momentum if you know where to look. The leading altcoin is now in a bullish expansion phase, with analysts predicting that its price could surge past key resistance levels in the coming weeks. According to crypto analyst Ted Pillows, Ethereum has entered a bullish expansion phase and is…
Ethereum Price Gains Traction: Can It Sustain the Climb?
Ethereum price started a fresh increase above $3,220. ETH is now consolidating and might eye more gains above the $3,270 resistance zone. Ethereum started a fresh increase above the $3,120 zone. The price is trading above $3,200 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance…
Ethereum Price Struggles Against Resistance: A Tough Road Ahead
Ethereum price struggled to continue higher above $3,220. ETH is now consolidating losses and might face resistance near the $3,220 zone. Ethereum started a fresh decline below the $3,120 zone. The price is trading below $3,180 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $3,220 on…