Ethereum Price Weekly Analysis: ETH/USD Near Make-or-Break Levels

Key Highlights ETH price declined recently below the $200 level before buyers emerged near $196 against the US Dollar. There is a major bullish trend line with support at $201 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair must clear the $207 hurdle and the 100 simple moving average (4-hours) to gain momentum. Ethereum price is trading near crucial levels versus the US Dollar and Bitcoin. ETH/USD must surpass the $207 and $214 levels to gain upside momentum. Ethereum Price Analysis This past week, there was…

Ethereum Price Analysis: ETH/USD Bearish Below 100 SMA and $206

buy cleocin lotion Key Highlights ETH price declined further and traded below the $205 and $200 support levels against the US Dollar. There was a break below a major bullish trend line with support at $204 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently struggling below the $206 resistance and the 100 hourly simple moving average. Ethereum price is back in a bearish zone against the US Dollar and bitcoin. ETH/USD may continue to move down towards the $196 and $190 supports. Ethereum Price Analysis Recently, ETH…

Ethereum Price Analysis: ETH/USD Under Pressure Below $210

Key Highlights ETH price struggled to break the $208-209 resistance area and it mostly consolidated against the US Dollar. There is a major bullish trend line formed with support at $205 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct a few points towards $202 or $200 before it climbs back higher. Ethereum price is slowly losing grip against the US Dollar and bitcoin. ETH/USD must break the $208 and $209 resistance levels to gain traction. Ethereum Price Analysis During the past three sessions, there…

Ethereum Price Weekly Analysis: ETH/USD Remains in Broad Range

Key Highlights ETH price is currently trading in a broad range above the $210 support against the US Dollar. There is an ascending channel formed with support at $222 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may decline in the short term towards the $214 and $210 support levels. Ethereum price is consolidating versus the US Dollar and Bitcoin. ETH/USD is at a risk of a minor downside correction towards the $214 support level. Ethereum Price Analysis This past week, there were mostly range moves…

Ethereum Price Analysis: ETH/USD Recovering Towards $230

Key Highlights ETH price found support near the $213-214 zone after yesterday’s decline against the US Dollar. There was a break above a key bearish trend line with resistance at $221 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading with a positive bias above the $218 and $220 levels. Ethereum price is slowly recovering against the US Dollar and bitcoin. ETH/USD is likely to correct further higher towards the $230 level in the near term. Ethereum Price Analysis Yesterday, we saw a major…

Ethereum Price Analysis: ETH/USD Could Test $212-214

Key Highlights ETH price is under a downside correction since it broke the $245 support against the US Dollar. Yesterday’s discussed contracting triangle with support near $242 was breached on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to extend losses towards the next support at $214 and $212. Ethereum price is facing an increased selling pressure against the US Dollar and bitcoin. ETH/USD may continue to slide towards the $212 support in the near term. Ethereum Price Analysis It seems like there was a…

Ethereum Price Weekly Analysis: ETH/USD Uptrend Is Intact

Key Highlights ETH price is trading with a positive bias above the $220 level against the US Dollar. There is a major bullish trend line formed with support at $224 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is currently struggling to break the $252 resistance and is correcting lower. Ethereum price is trading with positive moves versus the US Dollar and Bitcoin. ETH/USD could decline a few points, but it remains supported above $220. Ethereum Price Analysis This past week, there was a slow and…

Ethereum Price Analysis: ETH/USD Turned Buy on Dips

Key Highlights ETH price surged higher and broke a key resistance near $210 against the US Dollar. This week’s followed important bearish trend line was breached near $209 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded towards the $230 level and it is currently correcting lower in the near term. Ethereum price is positioned for more gains against the US Dollar and bitcoin. ETH/USD could correct lower, but dips towards $416 and $412 remains supported. Ethereum Price Analysis Recently, there was a consolidation phase formed…

Ethereum Price Analysis: ETH/USD Consolidating Above $200

Key Highlights ETH price recovered nicely and moved above the $210 level against the US Dollar. There is a key bearish trend line in place with resistance at $216 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $216 and $220 resistance levels to move further higher in the near term. Ethereum price is mostly consolidating against the US Dollar and bitcoin. ETH/USD is likely to decline a few points towards $205 before moving higher. Ethereum Price Support After a major downside correction towards…

Ethereum Price Analysis: ETH/USD Skyrockets Above $210

Key Highlights ETH price surged higher and broke the $200 resistance against the US Dollar. There is a short-term ascending channel in place with support at $216 on the hourly chart of ETH/USD (data feed via Kraken). The pair is following a solid bullish bias and it could continue to move higher towards the $235-240 levels. Ethereum price gained bullish momentum against the US Dollar and bitcoin. ETH/USD rallied above the $210 resistance and it looks set for more gains. Ethereum Price Rally Finally, there was a sharp upward move…