Category: Ethereum Price Analysis

Ethereum price drops like a rock on losing crucial support, why correction is unstoppable to $900

Ethereum plummets from record highs of $1,446, resting sub $1,000 amid widespread crypto corrections. Ether may break down to $900 if support at $1,000 fails to hold. The cryptocurrency market is in bloodshed with assets posting massive losses over the last 24 hours. Ethereum is down a whopping 21% amid continuing declines while Bitcoin is […]

Continue Reading

ETH Price Analysis: Ethereum Price Stalls After Record High, Why Fundstrat Analyst Believes $15,500 is Next?

Ethereum’s short-term outlook is bearish, price could fall to $1,250 while seeking support above $1,200. David Grider, says Ethereum growth to $10,500 will stem from the growing DeFi sector. Ethereum majestically rose to new all-time highs at $1,446. However, the anticipated rally seems to have taken a step back with Ether first dropping to confirm […]

Continue Reading

Ethereum stalls after record high but here is why Fundstrat analyst believes it is $10,500 token

Ethereum’s short-term outlook is bearish, price could fall to $1,250 while seeking support above $1,200. David Grider, says Ethereum growth to $10,500 will stem from the growing DeFi sector. Ethereum majestically rose to new all-time highs at $1,446. However, the anticipated rally seems to have taken a step back with Ether first dropping to confirm […]

Continue Reading

Ethereum price surpasses all-time record high, aiming for $2,000 as futures open interest hit all-time high

Ethereum has jumpstarted the altcoin season, paving way for gains eyeing $2,000 soon. Ethereum open high open interest suggests that volatility could remain high amid the fear of missing out (FOMO). Ethereum embraced an independent rally on Tuesday rising above the former January’s high at $1,350. The flagship smart contract token spiked to a new […]

Continue Reading

Ethereum price poised to skyrocket 41% to a new record high targeting $1,800

Ethereum has broken above the hypotenuse of an ascending triangle, adding credibility to the upswing. ETH/USD will validate the expected breakout to $1,800 on trading above the current yearly high at $1,800. Ethereum is in the middle of a fresh rally to $1,800 after taking back several key levels including the 50 Simple Moving Average […]

Continue Reading

ETH Price Analysis [WoW]: Ethereum Price Trading at key Pivot, Oscillators Indicate Strong Momentum Despite Overbought Conditions

ETH price breaking key weekly resistances and confirming them as support. Breach of ETH price discovery is to be backed with increasing volume. Oscillators suggesting strong momentum still present despite overbought conditions. ETH price is currently trading at a true pivot where a bullish weekly candle close will greatly increase the probability of breaking into […]

Continue Reading

Ethereum price meets imminent barrier above $1,200 as massive correction lingers

Ethereum recovers tremendously following a recent breakdown to $900, prices rise above $1,200. ETH/USD is dancing in the confines of a rising wedge pattern; a correction seems imminent in the near-term. Ethereum has recovered considerably after falling to $900 earlier in the week. The price action was lock-step at first, mostly due to the resistance […]

Continue Reading

Ethereum price aims for January 2018 highs at $1,400 as staking on Ethereum 2.0 soars

Ethereum soars to new yearly highs while buyers target highs above $1,400 in the short term. ETH 2.0 staking hits 2% of the total Ethereum supply, thus reducing the overhead pressure. Ethereum is currently on an incredibly bullish run after outperforming the new yearly highs. At the time of writing, the flagship token is exchanging […]

Continue Reading

Ethereum seems to be going back to the drawing board as $500 beckons

Ethereum is on the verge of a breakdown to $500, mostly if the support at $540 fails to hold. The bearish outlook will be abandoned if Ether closed the day above $540 and perhaps reclaimed the ground past $560. Ethereum is in the middle of a retreat that could soon touch $500 following a failed […]

Continue Reading

Ethereum fights to stay above $600 while breakdown to $565 seems inevitable

Ethereum is holding firmly to the ascending parallel channel’s lower boundary support. The breakdown to the 50 SMA will be validated if Ethereum closed the day under $600. Ethereum recently reclaimed the position above $600 but has failed to sustain the uptrend to the next resistance at $520. At the time of writing, the smart […]

Continue Reading