Category: Ethereum Price Analysis

Ethereum price cracks $2,500 for the first time in history, shifts attention to $3,000

Ethereum is almost completing an ascending triangle target of $2,664. The slightest resistance path remains north despite bearish advances. Ethereum price is on a roll to new all-time highs following a recent break above an ascending triangle pattern. As discussed on Thursday, establishing support above $2,400 was key to securing the uptrend to $2,500. At […]

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Ethereum Price Analysis: ETH spikes to new record highs, draws closer to $2,500

Ethereum ignores brief hiccup in the market to trade new all-time highs at $2,453. ETH’s short-term technical picture is firmly bullish, as shown by the MACD. Ethereum hits another milestone, extending the bullish leg toward $2,500. Across the board, crypto assets retreated, but Ether remains steady. Bitcoin has been rejected from highs above $64,000 and […]

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Ethereum price launches for new record highs above $3,000

Ethereum bulls’ persistent push for new all-time highs yields after breaking $2,300. Ether’s path with the least hurdles is north, as confirmed by the MACD on the four-hour chart. Closing the day above $2,300 could allow bulls to focus on $3,000. Ethereum has been keen on joining the ongoing bull cycle. Initially, it was an […]

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Ethereum price holds key technical pattern support for gains beyond $2,000

Ethereum bulls defend ascending channel’s middle boundary support on the daily chart. Price action past $2,000 may trigger massive buy orders as $2,500 beckons. The MACD shows that the uptrend is not secured and declines will likely come into the picture. Ethereum has been on an upward role since the beginning of March, as observed […]

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Ethereum Price Analysis: ETH V-shaped recovery seems unsustainable amid looming correction

Ethereum recovered extensively but failed to clear the resistance at $1,840. A correction from the V-shaped recovery would seek support at $1,700 and $1,550, respectively. Ethereum shot up on Monday, extending the recovery staged from the anchor at $1,550. The rally was supported by news that Visa has added support for cryptocurrency transactions due to […]

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Ethereum Price Analysis: ETH plunges toward 1,400 as crypto market generally bleeds

Ethereum hit a wall slightly above $1,700, opening Pandora’s box for losses under $1,600. The least resistance path is downwards based on the MACD. Ethereum abandoned the mission to lift to $2,000, slightly above $1,700. Losses came into the picture with Ether falling below several key support levels, such as $1,650 and $1,600. At the […]

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Ethereum Price Forecast: ETH Technical Breakout Sets The Pace For Upswing Beyond $2,000

Ethereum prints a cup and handle pattern on the 4-hour chart, paving the way for an upswing above $2,000. Ether is in the hands of the bulls, as cemented by the MACD indicator. Ethereum has come out of the woods and is glancing toward a new all-time high past $2,000. The flagship smart contract token […]

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Ethereum Price Analysis: ETH faces another bull trap as massive breakdown looms

Ethereum cuts short the uptrend to $2,000 on account of a double-top pattern. The 200 SMA significantly contributed to the ongoing overhead pressure. Ether will avoid losses to $1,440 if the 50 SMA support remains unbroken. Ethereum has not risen above $1,700 since the drop from all-time highs above $2,000. On the downside, the pioneer […]

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Ethereum Price Analysis: ETH battles immediate resistance, and bulls look toward $2,000

Ethereum is on the verge of a breakout, but first, it must break the 50-day resistance. A step beyond the ascending channel’s middle boundary will open the door for gains aiming for $2,000. Ethereum managed to sustain the uptrend above $1,400, avoiding the drop to $1,200. Recovery, although gradual, seems to be coming into the […]

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Ethereum Price Analysis: ETH Fails To Hold Support of $1550 As Crypto Market Struggles to Revive

ETH retraces -33% from highs of $2040 ETH fails to hold support of $1550 Price is currently holding 3 month trend Ethereum , the second largest cryptocurrency has experienced a -30% decline off ATH of $2040 that was set on February 20th. The sentiment was very bullish and then quickly turned bearish as ETH shattered […]

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