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ETH price extended its gains above the $195 resistance level against the US Dollar.Bitcoin price is down more than 1.5% and it recently broke the $10,250 support area.Yesterday’s highlighted major bullish trend line is active with support near $193 on the hourly chart of ETH/USD (data feed via Kraken).The pair
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Many traders have turned bearish on Ethereum way too soon, according to a leading technical strategist. | Source: Shutterstock Ethereum (ETH/USD) has gone through a corrective period over the last two months. Since posting a 2019 high of $363.30 on June 26th, the cryptocurrency lost more than 50% of its value.
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ETH price is slowly moving down and recently broke the $180 support area against the US Dollar.The price could soon test the $172 or $170 level before it starts a fresh increase.Yesterday’s highlighted key bearish trend line is still active with resistance near $179 on the hourly chart of ETH/USD
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ETH price is struggling to continue to move higher above the $185 resistance against the US Dollar.The price is likely to decline if bitcoin continues to struggle below the $10,250 level.There is a connecting bearish trend line forming with resistance near $182 on the hourly chart of ETH/USD (data feed
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ETH price is showing positive signs above the $180 pivot level against the US Dollar.The price is likely to continue higher above the $184 and $185 resistance levels in the near term.There is a key bullish trend line forming with support at $178 on the hourly chart of ETH/USD (data
Read More ETH price is finding a strong buying interest near the $165 level against the US Dollar.The price is currently climbing higher and testing a major resistance area near $180 and $182.There was a break above a major bearish trend line with resistance near $176 on the 4-hours chart of ETH/USD
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Ethereum has the most active developers, leads all other platforms in the number of DApps, and will introduce sharding early next year. | Source: Shutterstock Critics have been trying to spread fear, uncertainty, and doubt on the No. 2 cryptocurrency in light of its scaling issues. It’s true that Ethereum is
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Venture capitalist Fred Wilson dissed Ethereum while praising bitcoin and brown-nosing Facebook's beleaguered Libra "cryptocurrency." | Source: ShutterstockVenture capitalist Fred Wilson is backpedaling after one of his many lame predictions blew up in his face. Again.This time, Wilson dissed Ethereum while praising bitcoin and brown-nosing Facebook's beleaguered Libra "cryptocurrency."The
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ETH price recovered nicely above the $172 and $175 resistance levels against the US Dollar.The price is currently struggling to break an important resistance area near the $180 level.There is a new key bullish trend line forming with support near $175 on the hourly chart of ETH/USD (data feed via
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Ethereum is showing many bearish technical setups. The No. 2 crypto is likely to crash further before any signs of life will be seen. | Source: ShutterstockEthereum’s recent price action is giving bears the courage to come out of hiding. After all, the No. 2 cryptocurrency is down by
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