Ethereum is slowly recovering and trading towards the $120 resistance against the US Dollar. ETH price could climb higher sharply if there is a clear break above $120 and $124.
Ethereum is showing a few positive signs above the $110 support zone against the US Dollar.
It is currently testing a major hurdle near the $120 resistance area.
Two key bearish trend lines are acting as a hurdle near $119-$120 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is gaining traction and it is now testing the $5,350 resistance.
Ethereum Price Could Surge In Short Term
After settling above the $100 level, Ethereum started a steady increase against the US Dollar. ETH price broke the $110 and $112 resistance levels to start a decent recovery.
The bulls were able to push the price above the $215 level, but it is still below the 100 hourly simple moving average. At the outset, the price is flirting with the 23.6% Fib retracement level of the last drop from the $134 swing high to $101 low.
More importantly, two key bearish trend lines are acting as a hurdle near $119-$120 on the hourly chart of ETH/USD. It seems like Ethereum is facing a strong barrier near the $119 and $120 levels.
Ethereum Price
An immediate resistance above the trend line is near the $122 level since it is close to the 61.8% Fib retracement level of the last drop from the $134 swing high to $101 low.
The next key resistance is near the $124 level and the 100 hourly simple moving average. Therefore, a successful break above the $120 and $124 resistance levels might open the doors for a strong upward move in the near term. The next key hurdle for the bulls is near the $134 and $142 levels.
Another Rejection?
If Ethereum fails to clear both trend line and the $120 resistance, it could start a fresh decrease. An initial support is near the $115 level, below which the bears are likely to take control.
The next major support is near the $112 and $110 levels. Any further losses are likely to lead the price back towards the $100 support zone in the coming sessions.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is about to move back into the bullish zone.
Hourly RSI – The RSI for ETH/USD is currently just above the 50 level, with a flat structure.
Major Support Level – $112
Major Resistance Level – $120 origin »
Ethereum price failed to correct above the $134. 00 resistance area and declined vs the US Dollar. ETH to USD is showing a few bearish signs and it could continue to move down below $108. 00. Key Takeaways: ETH/USD Ethereum price is trading below the key $120.
The Ethereum price is up a staggering 120 percent year-to-date from $126 to $278. It has front-run Bitcoin and the rest of the crypto market as one of the best performing cryptocurrencies of the year.
Ethereum has been one of the best performing major cryptocurrencies throughout 2020, with ETH posting a massive rally that sent it from yearly lows of $120 to highs of just under $230. This intense uptrend has allowed the crypto to form a highly bullish market structure, and its ability to hold above $225 over the... The post appeared first on NewsBTC.
The crypto market has found itself in a steep recovery over the past 50 days. Ethereum, especially, has strongly surged higher off the December lows, rallying from $120 to $220, which is where the second-largest cryptocurrency sits as of the time of this article’s writing.
Ethereum appears to have turned bullish, up since mid December from $120 to now just under $200. In addition the second biggest crypto seems to have formed a pretty big...
The post Ethereum Nears $200 on a Cup and Handle appeared first on Trustnodes.
Ethereum has been outperforming Bitcoin over the past 24-hours, posting a massive upwards movement that has allowed it to secure a position within the $170 region, which marks a notable climb from ETH’s recent lows around $120 that were set in the final weeks of 2019 Analysts are now noting that they anticipate Ethereum’s upwards... The post appeared first on NewsBTC.
Over the past several days, Ethereum (ETH) has incurred some serious upwards momentum that has allowed it to outperform Bitcoin and put a significant amount of distance between its current prices and its recent lows of $120.
Ethereum is down more than 2% and it is now well below $130 against the US Dollar. Bitcoin price weakened around 3% and it broke the key $7,000 support. Yesterday’s key bearish trend line is active with resistance near $131 on the hourly chart of ETH/USD (data feed via Kraken).
After attempting to hold above $130 yesterday, Ethereum’s sellers were able to push it below this level, and it now appears that ETH is targeting its near-term support levels that exist at $125 and $120 respectively.
Ethereum is currently trading in a range below the $130 and $132 resistances against the US Dollar. The price is likely to bounce back as long as it is trading above the $120 support. There is a major bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via... The post appeared first on NewsBTC.
Coinspeaker Uncertain Optimism about the Anticipated Ethereum Hard ForkWith the exception of crypto rallies, Ethereum requires a pattern over the price level of $120 on the daily basis.
Ethereum is correcting lower from $135 and it is trading above $125 against the US Dollar. The price is likely to remain in a positive zone as long as it is above $120. There is a breakout pattern forming with resistance near $128 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is diving and it is already down more than 10% today vs the US Dollar. ETH to USD is trading below $120. 00 and it could continue to slide in the near term. Key Takeaways: ETH/USD Ethereum price is tumbling and it broke many supports near $125.
Ethereum is down 5% again today and it broke the $130 support area against the US Dollar. The price is now trading near key support levels such as $120 and $122. There is a short term bearish trend line forming with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).
A ponzi scam, Plus Token, has made it to ethereum’s richest list with nearly 800,000 eth, worth close to $120 million. This now busted operation ranks nine amongst all ethereum...
The post A Ponzi Scam is Now a Top Ten Holder of ETH appeared first on Trustnodes.
О дальнейших возможных сценариях движения цены биткоина и нескольких популярных альткоинов рассказывает ведущий аналитик RoboForex Дмитрий Гурковский. Давление на рынок криптовалют со стороны медведей остается довольно сильным.
В течение последних нескольких дней эфир (ETH) демонстрирует падение стоимости. Монета в конце недели, опустилась ниже $150, и некоторые эксперты ожидают снижения альткоина до $130 или даже до $120.
Ethereum (ETH) has been incurring significant selling pressure over the past couple of weeks, mirroring the bearish price action that Bitcoin has been facing in the time since it plummeted from its recent highs of $10,600.
DAI, the non-collateral based stablecoin, primarily used for lending and borrowing loans on Ethereum based De-Fi network hit its initial revised market cap of $100 million against the $339 million worth of Ether locked as collateral.
Платформа децентрализованного финансирования MakerDAO приблизилась к установленному лимиту объема долга в стейблкоинах DAI в $100 млн и больше не может генерировать новые монеты. MakerDAO предоставляет пользователям возможность заимствовать средства в DAI под обеспечение в Ethereum (ETH).
Special thanks to the Gitcoin team and especially Frank Chen for working with me through these numbers
The next round of Gitcoin Grants quadratic funding has just finished, and we the numbers for how much each project has received were just released.
Ethereum price is currently correcting higher, but it is facing a strong resistance near $180 against the US Dollar. Bitcoin price is up more than 1. 5%, but it is also facing resistance $8,120 and $8,200.
Litecoin price started a decent recovery from $112. 00, but it failed to gain pace above the $125. 00 resistance. LTC price is currently under pressure and it could extend losses vs USD and bitcoin.
eToro's crypto wallet will add support for 120 ERC-20 standard tokens, beginning with Maker, basic attention token, and OmiseGO. Additional tokens will be rolled out in the "near future."
eToroX, the specialized blockchain division of social trading platform eToro, has announced the launch of the first five of 120 ERC-20 tokens that will be added to its on-chain wallet. ERC-20 tokens are designed and used solely on the Ethereum platform and can be shared, exchanged for other tokens, or transferred to a cryptocurrency wallet.
Litecoin price remained well bid above the $120. 00 and $125. 00 support levels. LTC is currently trading with a positive angle and seems to be preparing for the next bullish break. Key Talking Points Litecoin price.
Litecoin price found support near the $100. 00 handle and bounced back sharply. LTC is currently trading with a positive bias and it is likely to accelerate above the $120. 00 level. Key Talking Points Litecoin price.
172. 5 Suspicious Bitcoin On The Move Yesterday, the crypto community was in for a bit of a surprise. Bitcoin from the infamous 2016 hack of Bitfinex, which resulted in the theft of nearly 120,000 BTC,.
Litecoin price made another attempt to clear the $120. 00 resistance against the US dollar, but failed. LTC declined sharply and it is currently trading above the key $100. 00 support. Key Talking Points Litecoin price failed.
Litecoin price surged higher and broke the $100. 00 and $110. 00 resistance levels against the US dollar. LTC is currently in a strong uptrend and it could continue to rise above $120. 00. Key Talking Points Litecoin.
The cryptocurrency market has been portrayed as an ineffective asset class by a lot of critics with many claiming that the lack of government regulations and slow settlement rates will be the industry’s downfall.
Bitcoin In Death Throes? Tether Comes Under Fire Wow. What a past 120 minutes its been for the cryptocurrency market. As Ethereum World News reported, iFinex, the operator of both Bitfinex and Tether Limited (the.
On the upside, a price breakout will enable the bulls to break the $143 resistance level and reach the previous high of $165. On the downside, if price breaks below the EMAs, the crypto's price will fall.
On the upside, the crypto’s price is likely to reach a high above $160 price level with little resistance. On March 27, the bulls broke the $140 price level and the crypto’s price is approaching the high of $146.
On the downside, if price retraces and breaks below the EMAs, the crypto’s price will resume its downward trend. On the upside, if price retraces to the support of the EMAs, the bulls will resume the bullish trend.
Presently, the price of Ethereum has risen from the $134. 30 to $138. 93 price levels. On the upside, as the bulls break the EMAs, the crypto’s price is likely to face resistance at the $140 and $142 price levels.
On the upside, if the bulls break above the $140 resistance, the crypto’s price will rally above $160 price level. On the other hand, if the bulls fail to break the resistance levels, the crypto’s price will fall.
The price fell to a low at $134.45 and commenced a range bound movement. On the upside, if the bulls break above the EMAs, the crypto’s price will resume its bullish trend. ETH/USD Medium-term Trend: Bullish Resistance Levels: $240, $250, $260 Support Levels: $140, $130, $120 Yesterday, March 21, the price of Ethereum was in […]
The ETH price is currently trading at $140.51 price level. On the downside, if the bulls fail to sustain a price above the $146 price level, the crypto’s price will fall. ETH/USD Medium-term Trend: Bearish Resistance Levels: $240, $250, $260 Support Levels: $140, $130, $120 Last week, the price of Ethereum was in a sideways […]
As the ETH price is rising, the first hurdle is to break the $140 resistance level. On the upside, more buyers are needed at the upper price level to break the $160 resistance level. ETH/USD Long-term Trend: Ranging Resistance Levels: $350, $370, $390 Support Levels: $140, $120, $100 The ETH/USD pair had been in a […]
The ETH price is trading at $135.83 as at the time of writing. Today, the bulls have broken the EMAs as the crypto’s price reached the high of $136.19 but the bears made a downward correction. ETH/USD Medium-term Trend: Bearish Resistance Levels: $240, $250, $260 Support Levels: $140, $130, $120 Yesterday, March 14, the price […]
The crypto’s price may fall to the previous low at $127.50. The crypto’s price is below the 12-day EMA and the 26-day EMA which indicates that price is likely to fall. ETH/USD Medium-term Trend: Bearish Resistance Levels: $240, $250, $260 Support Levels: $140, $130, $120 Yesterday, March 13, the price of Ethereum was in a […]
Yesterday, the ETH price was trading at a low of $132. 60 after falling from the $140 resistance level. On the downside, if the bearish trend continues, the crypto’s price will fall to the previous low of $ 127.
Today, the ETH price is ranging below the EMAs but above the $137 price level. On the downside, if the bearish trend continues, the crypto’s price will fall to the previous low at $125. ETH/USD Medium-term Trend: Ranging Resistance Levels: $240, $250, $260 Support Levels: $140, $130, $120 Last week, the price of Ethereum was […]
In the last four days, the bulls failed to break the $140 resistance level . On the upside, the ETH price will rise if the bulls sustain a price above the EMAs. ETH/USD Long-term Trend: Bullish Resistance Levels: $350, $370, $390 Support Levels: $140, $120, $100 The ETH/USD pair had been in a bullish trend […]
The crypto’s price was trading at a price of $141. 91 but was facing resistance at the $142 price level. On the downside, if the bulls fail to break the $142 resistance level, the crypto’s price will fall.
The crypto market is going down today, with Bitcoin falling by 1. 25% in the last 24 hours, and XRP, Solana, Dogecoin, and Hyperliquid (HYPE) falling by over 3%. The market capitalization of all tokens dropped by 1.
Ether, the native coin of the Ethereum blockchain, is the best performer among the top 10 cryptocurrencies by market cap. It is up 4.5% in the last 24 hours and is now trading above $3,200. The positive performance comes following the activation of the Fusaka upgrade, the second major upgrade by the network in 2025. […]
Quant crypto price has staged a strong recovery in the past few weeks, soaring from a low of $69.12 on November 21 to $95 today. So, will the QNT token continue rising as whales buy and as the exchange reserves dip? Quant crypto price has strong fundamentals Third-party data shows that the QNT network is […]
A crypto rally has ignited this week, with Bitcoin price surging above the important resistance level at $93,000 and the market capitalization of all coins rising by over $200 billion to $3. 1 trillion.
Ethereum developers are advancing a new zero-knowledge protocol that aims to bring stronger privacy to on-chain interactions, beginning with a cryptographically verified Secret Santa–style matching system.
A crypto crash is happening this month, erasing billions of dollars in market capitalization from top coins like Bitcoin, Ethereum, Tron, Dogecoin, and Shiba Inu. This plunge is a continuation of what happened in November when Bitcoin and most altcoins fell.
A crypto market crash happened in November, with the valuation of all tokens dropping by over 20%. This decline happened after the aftermath of the October 10th liquidation event. Bitcoin price dropped from a high of $126,300 in October to a low of $80,495, while most altcoins had a steeper dive. So, will the market […]
