Category: ethereum technical 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 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 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 Forecast: ETH ready to launch to $2,000 as technical align

Ethereum is on the verge of a technical breakout eyeing $2,000. A falling wedge pattern on the 4-hour chart adds credence to the bullish outlook. Delay is expected at the 50 SMA and the 100 in the 4-hour timeframe. Ethereum dropped as far as $1,285 during the weekend session. The support anticipated last week at […]

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Ethereum Price Forecast: ETH eyes massive recovery to $1,800 if this key technical pattern confirms

Ethereum rejection at $1,700 leads to losses under $1,500. A double-bottom pattern brings hints at a potential recovery toward $1,800. If support at $1,400 fails to hold, Ether could drop to $1,200. Ethereum could not continue with the upswing following the breakdown to $1,400 due to the selling pressure at $1,700. The bulls abandoned the […]

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Ethereum Price Analysis: ETH breakdown to $1,500 seems imminent as on-chain metrics flip bearish

Ethereum has lost several support levels since the rejection from the all-time high of $1,940. Support at the 200 SMA is expected to prevent extended losses toward $1,500. Recovery above $1,700 may call out many buyers to rejoin the market in anticipation of gains eying $2,000. Ethereum has been among the cryptocurrencies that are correcting […]

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Ethereum Price Analysis: ETH breakdown lingers despite the network overtaking Bitcoin in ‘trustless’ money transfer

Ethereum retraces from the new record high aiming to secure support above $1,700. The formation of a rising wedge pattern hints that the correction could be extensive. Ethereum network is moving more value in Ether compared to Bitcoin blockchain with BTC. Ethereum is struggling to sustain the uptrend after rising to a new all-time high. […]

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Ethereum Price Prediction: ETH settles above $1,800 ahead of the upswing toward $3,000

Ethereum leads the altcoin season after jumping above $1,800 to trade a new record high. Investors speculate that Ethereum will rally to $2,000 in the near term before completing the leg up to $3,000. ETH will correct if the support at $1,800 fails to hold. Ethereum is currently holding above $1,800 after extending the bullish […]

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Ethereum Price Analysis: ETH relentless in the fight for new record highs beyond $2,000

Ethereum renewed the uptrend in tandem with Bitcoin but failed to break above $1,800. The least resistance path is upward according to the MACD and the moving averages. Trading above $1,800 could trigger massive buy orders as Ethereum rallied toward $2,000. Ethereum has traded a new high after a new high in the recent weeks, […]

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Ethereum Price Forecast: ETH/USD eyes $2,000 but first support above $1,500 must be confirmed

Ethereum soared to a new all-time high but corrected to retest support at $1,500. Higher support, preferably at the 50 SMA on the 4-hour chart will see Ethereum resume the uptrend. Ethereum recently sliced through a couple of key barriers to trade a new all-time high of $1,765. The largest altcoin has been on this […]

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