Category: Ethereum Price Analysis

Ethereum Price Forecast: ETH Loses Steam As Reversal Looms, Eyeing $340

Ethereum is hammering at the resistance highlighted by the ascending triangle and the $380 zone. A breakdown cannot be ruled out because of the formation of the triangle pattern. The smart contract token seems to have hit pause at $380 following a steady but gradual recovery from $360. Gains above $380 are required so that […]

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Ethereum Price Forecast: ETH Still Has A Clear Path To $400

Ethereum rejected at $395, leaving $400 unconquered. ETH/USD reacts to oversold conditions, but on-chain analysis highlights the most robust support between $351 and $361. Ethereum majestically closed in on the psychological resistance at $400. However, the smart contract giant hit a barrier at $395, leaving $400 unconquered. Meanwhile, ETH/USD is teetering at $384 amid an […]

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Ethereum Price Forecast: ETH On The Cusp Of Breakdown To $300

Ethereum has been rejected at the 100 SMA; the path of least resistance is downwards. ETH/USD is dealing with the absence of substantial support as highlighted by on-chain analysis. Ethereum is struggling to stay above the initial support at $340. Its immediate upside is capped by the 100-day Simple Moving Average. Recently support was established […]

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Ethereum Price Prediction: ETH Stuck Between Robust Resistance And Support

Ethereum’s rejection at $370 pokes holes in various key levels, leading to a revisit to $345. ETH/USD has a higher chance of resuming the uptrend as opposed to continuing the breakdown. Ethereum did break the resistance I discussed earlier this week at $360. However, the breakout did not materialize as expected. Instead, Ethereum hit a […]

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Ethereum Price Forecast: ETH/USD Double-Top Pattern Rejection Retests $430, What Next?

Ethereum price spikes to a new yearly high at $447 following Bitcoin (BTC) surge to $12,492. Ether bulls are trying to build on the support established at $430 following the impact of a double-top pattern. Ethereum price action in the last two days has been building on the support established above $410. Although there was […]

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