Ethereum Takes a Bit Hit But Another Lift-Off To $180 Is Likely

2020-4-8 06:08

Ethereum is currently correcting lower from the $176 monthly high against the US Dollar. ETH price remains well supported on the downside near the $162 and $158 levels. Ethereum is correcting lower and trading below the $170 level against the US Dollar, similar to bitcoin. The price is holding the main $162 and $158 support levels. There is a key contracting triangle forming with resistance near $170 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally again towards $180 as long as there is no close below the $158 support. Ethereum Price Remains in Uptrend Yesterday, we saw a sharp rise in Ethereum above the $160 and $170 levels against the US Dollar. However, ETH price struggled to clear the $175 resistance and the 100-day simple moving average (as discussed in yesterday’s analysis). A new monthly high is formed near the $176 level and the price recently corrected lower. It broke the $170 level to start the correction. There was a break below the 23.6% Fib retracement level of the upward move from the $140 swing low to $176 high. On the downside, the $162 level is acting as a strong support and Ethereum is trading well above the 100 hourly simple moving average. There is also a key contracting triangle forming with resistance near $170 on the hourly chart of ETH/USD. Ethereum Price If there is an upside break above the triangle resistance and $170, the price is likely to restart its rise. An immediate resistance is near the $175 level, above which the price could surge towards the $180 level. Any further gains could lead the price towards the $188 level. Key Buy Zones On the downside, Ethereum is likely to remain well supported above the $162 levels. The next major support is near the $158 level. It coincides with the 50% Fib retracement level of the upward move from the $140 swing low to $176 high. The 100 hourly simple moving average is also near the $155 level to act as a strong support. If the price fails to stay above the $158 support and the 100 hourly SMA, it could extend its decline towards the $150 and $144 levels in the near term. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly moving in the bullish zone. Hourly RSI – The RSI for ETH/USD is currently declining and approaching the 50 level. Major Support Level – $140 Major Resistance Level – $145 Take advantage of the trading opportunities with Plus500 Risk disclaimer: 76.4% of retail CFD accounts lose money.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3087.82 (-0.14%)
Объем 24H $9.567b
Изменеия 24h: -1.17 %, 7d: 6.97 %
Cегодня L: $3055.33 - H: $3097.24
Капитализация $370.929b Rank 2
Цена в час новости $ 168.94 (1727.76%)

ethereum 158 lower against price correcting 162

Источник: newsbtc.com

ethereum 158 → Результатов: 21


Опустится ли цена Ethereum до $150?

В минувшую среду, 23 октября, мы увидели резкое обострение волатильности на криптовалютном рынке, результатом котором стало падение биткоина. Крупнейшая цифровая валюта опустилась до $7450, и все еще сохраняются риски ее более существенных потерь.

2019-10-24 11:06


В Новосибирске майнинг-ферму продают за 50 миллионов

В Новосибирске продают действующий отлаженный бизнес по майнингу криптовалют. Стаж работы фермы – около полугода. На продажу выставлена запущенная в эксплуатацию, полностью отлаженная, протестированная, и стабильно работающая не менее шести месяцев майнинговая ферма.

2019-9-3 11:14


Фото:

Bitcoin, Ethereum, альткоины — Обзор криптовалют — 02/09/2019

Рынок криптовалют немного восстановился после снижения в конце прошлой недели. Показатель капитализации прибавил порядка 2% и достиг значения $251 млрд. Наш индикатор BC 10 Index увеличился на 2% до значения 158,1 пункта.

2019-9-2 11:44


Фото:

Bitcoin, Ethereum, альткоины — Обзор криптовалют — 17/07/2019

Снижение на рынке криптовалют продолжается. В ряде ликвидных инструментов зафиксированы многомесячные минимумы. Показатель капитализации с понедельника снизился на 6,9% и к текущему моменту находится на уровне $258 млрд.

2019-7-17 12:09


Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Whale Watch: Ethereum Fresh Buy Signal Sparks Speculation

The Ethereum market has been a whirlwind of activity in recent days. After a brutal price correction last week, the world’s second-largest cryptocurrency by market capitalization has staged a mini-rebound, leaving investors wondering if this is the start of a sustained bull run or a fleeting flicker before another dip.

Ethereum To See Fresh Move Soon? What Futures Data Says

Data shows the Ethereum Open Interest has been trading at relatively low levels recently. Here’s what this could mean for the asset’s price. Ethereum Open Interest Has Been Moving Sideways Since Its Plunge As explained by an analyst in a CryptoQuant Quicktake post, the ETH Open Interest has followed a similar trajectory as the price of the cryptocurrency recently.

Ethereum Fees Now Lowest Since January: Is It A Bottom Signal?

On-chain data shows that Ethereum transaction fees have dropped to their lowest level since January, a sign that a bottom could be close. Ethereum Transfer Fees Has Plunged As Network Has Gone Cold According to data from the on-chain analytics firm Santiment, Ethereum transaction fees have taken a notable hit recently.

These Are The Ethereum Altcoins Witnessing High Whale Interest

Here are the Ethereum-based altcoins that are currently witnessing a high amount of activity from the whales, according to on-chain data. These Ethereum Altcoins Are Seeing High Whale Transactions Right Now In a new post on X, the on-chain analytics firm Santiment has discussed how several Ethereum-based altcoins have been seeing notable whale activity recently.

Ethereum Breaks $2,900, But Watch Out For Futures Overheating

Ethereum has broken beyond the $2,900 level during the past day, but data shows the futures market may be starting to become overheated. Ethereum Has Now Broken Through The $2,900 Level While Bitcoin has slumped to an overall sideways trajectory recently, Ethereum appears to have decided to pick a path of its own, as the second largest asset in the sector has surged almost 4% over the past 24 hours.

Recovery Dim? Ethereum Faces Potential Slide Towards $2,000

Ethereum, the linchpin of the decentralized application ecosystem, finds itself navigating a precarious path this week. The cryptocurrency’s value, having breached the pivotal $2,250 support level, now teeters on the edge of a decisive crossroads, caught between the prospect of a resurgence and the looming threat of a more pronounced downturn.