Ethereum is gaining bullish momentum above $190 against the US Dollar. It seems like ETH price is preparing for more gains towards the $200 and $205 resistance levels in the near term.
Ethereum is showing positive signs above the $188 and $190 levels.
The price could face a strong selling interest near the $200 and $205 levels.
There was a break above a key declining channel with resistance near $188 on the hourly chart of ETH/USD (data feed via Kraken).
A clear break above the 100 hourly SMA and $195 might open the doors for more gains.
Ethereum Price is Gaining Traction
Ethereum price seems to be forming a decent support base above the $175 and $180 levels against the US Dollar. ETH price is currently rising (similar to bitcoin) and it recently surpassed the $185 and $188 resistance levels.
There was a clear break above the 23.6% Fib retracement level of the last major downward move from the $214 high to $176 low. More importantly, there was a break above a key declining channel with resistance near $188 on the hourly chart of ETH/USD.
Ethereum Price
The pair is now approaching the $192 resistance and the 100 hourly SMA. An immediate hurdle above the 100 hourly SMA is near the 50% Fib retracement level of the last major downward move from the $214 high to $176 low at $195.
If Ethereum clears the $195 resistance, it is likely to continue higher towards the $200 handle. Any further gains could lead the price towards the $205 resistance level. There is also a connecting bearish trend line forming with resistance near $207 on the same chart.
Once Ether settles above the $200 and $205 resistance levels, there are chances of a strong and sustained upward move towards the $220 resistance zone.
Bearish Rejection
If Ethereum fails to gain momentum above the $195 resistance or the $200 barrier, it could face a fresh round of selling. An initial support is near the $188 level.
The first major support is near the $180 level, below which the price could revisit the main $176 and $175 support levels. Any further losses may lead the price towards the $165 level in the coming days.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is currently gaining pace in the bullish zone.
Hourly RSI – The RSI for ETH/USD is correcting lower towards the 50 level.
Major Support Level – $180
Major Resistance Level – $195
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Цена Ethereum, по-видимому, формирует сильную поддержку выше уровней $175 и $180. В настоящее время цена ETH растёт (аналогично биткоину), недавно она превысила уровни сопротивления в $185 и $188.
Ethereum has begun finding immense stability within the $190 region following its recent dip to lows of $180 seen yesterday The cryptocurrency has been flashing some immense signs of weakness against its BTC trading pair throughout the past few weeks Multiple analysts are now noting that they anticipate ETH to decline further in the days and weeks ahead, potentially seeing losses that send it as low as $150 in the near-term Ethereum has seen a […]
Bitcoin has finally jumped $8,000 level, fully recovering from the losses occurred on Black Thursday. On Bitstamp, BTC/USD went as far as $8,190 and is currently looking poised to move further up. However, Ethereum is outperforming bitcoin yet again with 6.
Ethereum has been able to climb all the back up to its local highs of $190 as its upwards momentum continues to build. This movement has come about after Bitcoin was able to gain a solid foothold above $7,500.
Ethereum is down more than 10% from the $190 swing high against the US Dollar. ETH price is currently consolidating above $165 and facing key hurdles near the 100 hourly SMA. Ethereum declined sharply below the $175 support and tested the $165 zone.
Ethereum has seen all of its recent upswings grow weaker throughout the past several months Underlying weakness amongst ETH buyers could be enough to lead the cryptocurrency to as low as $40-50 by the end of 2021 Ethereum, like Bitcoin and most other cryptocurrencies today, has further extended the downwards momentum that was first sparked yesterday when the crypto lost its recent momentum and declined from highs of $190. This current weakness appears to be […]
Ethereum price started an upside correction from the $189.35 low vs the US Dollar. ETH to USD is facing many hurdles above $204.50 and it is likely to resume its downtrend in the near term. Key Takeaways: ETH/USD Ethereum price is trading in a bearish zone below the $204.50 and $207.75 levels against the US […]
Крупнейший альткоин эфир (ETH) продолжает укрепляться, за последние 24 часа монета прибавила в стоимости еще около 5%. По итогам января ETH вырос более чем на 40% и пробил отметку $190 впервые с ноября прошлого года.
Ethereum has had a solid weekend with further gains lifting it towards $200. Network fundamentals have also been strong so far this year which has seen ETH gain 45%. Ethereum Up 5% ETH prices have gained 5% over the past 24 hours, topping $190 for the first time since early November.
Выборочный интерес, который участники проявляли к ряду инструментов рынка в последние дни прошлого года, постепенно сошел на нет. С понедельника показатель суммарной капитализации рынка снизился на 3,5% и к текущему моменту значение составляет $190 млрд.
На рынке криптовалют на фоне нейтрального новостного фона наблюдается боковик. Со среды показатель суммарной рыночной капитализации снизился на 1%, и к текущему моменту времени его значение составляет $190 млрд.
The second biggest coin ETH has been in the lows recently, however, analysts believe the price may spike in the near future ? when certain marks on the chart are behind
Рынок криптовалют со среды прибавил порядка 5,5%. После того, как в ряде монет были зафиксированы очередные минимумы в рамках действующего понижательного тренда, произошел резкий отскок. На текущий момент значение показателя суммарной капитализации рынка составляет $190 млрд.
Bitcoin cash price is showing recovery signs from the $170 monthly low against the US Dollar. The price is currently consolidating above the $180 and $182 support levels. There is a key bearish trend line forming with resistance near $190 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Bitcoin’s recent drop to the low-$8,000 has sent bearishness echoing across the aggregated market, leading major altcoins like Ethereum to post relatively large losses. ETH, which was testing an upwards break above $190 prior to BTC’s drop, is now trading below a key support level.
Ethereum price is still struggling to climb above $186, $188 and $190 resistances against the US Dollar. The price is currently declining and it seems like it could retest the $180 support area. There are two major bearish trend lines forming with resistance near $186 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum’s price action has been closely mirroring that of Bitcoin’s in recent times, which has made it prone to seeing heightened levels of selling pressure in spite of ETH’s multiple recent attempts to break above its long-established resistance level at $190.
Ethereum has been stuck below its near-term resistance level at $190 for the past several weeks, and both ETH’s bulls and bears have been deadlocked as they hold the cryptocurrency steady within the mid-$180 region.
Ethereum price seems to be consolidating for quite some time above $180 against the US Dollar. The price could start a strong upward move above $190 as long as it is above $180. There is a short term ascending channel forming with support near $186 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum (ETH) has been trapped beneath its near-term resistance level at $190 for over a month and has shown few clear signs of gaining any notable momentum that will allow it to decisively propel past this level.
Ethereum price is trading nicely above the key $182 and $180 support levels against the US Dollar. The price is currently facing many resistances such as $187, $188 and $190. Recently, there was a break above a connecting bearish trend line with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is trading above the key $182. 50 support area vs the US Dollar. ETH to USD is likely to recover and it might soon test the $190. 20 and $194. 80 resistance levels. Key Takeaways: ETH/USD Ethereum price is showing signs of an upside correction above $185.
Ethereum price failed to continue above $190 and declined below $188 against the US Dollar. The price is currently correcting higher, but it is likely to face resistance near $187-$188. There is a connecting bearish trend line forming with resistance near $187 on the hourly chart of ETH/USD (data feed via Kraken).
After a long period of trading sideways within the mid-$180 region, Ethereum (ETH) has now begun to incur significant upwards momentum that has pushed it up to $190, which is where it faces some notable resistance that could ultimately push its price lower in the near-term.
Ethereum price is facing a lot of hurdles on the upside near $185 and $186 against the US Dollar. Bitcoin is somehow holding the key $9,000 and $8,960 support levels. There is a key bearish trend line forming with resistance near $182 on the hourly chart of ETH/USD (data feed via Kraken).
On 23 October, the price of the second-largest coin by market cap, ETH witnessed a six-month low as it dropped to $157. 51 for a brief period of time. However, the coin was recovering, as it breached $190.
Over the past few days, Ethereum was exhibiting a sideways movement in the chart. The altcoin continued to lose valuation after the slump on 24th September but significant bullish signs were prominent in the short-term analysis.
Ethereum recorded a reasonably significant drop towards the end of last month. However, the token has since recovered considerably well, and was valued at press time at around $190. At the time of writing, ETH had a daily trading volume of over $9.
After incurring some massive upwards momentum over the past several days and weeks, Ethereum has now faced a significant influx of selling pressure that has sent its price reeling to lows of roughly $190, and without any major change within the aggregated crypto markets, it is highly likely that ETH will continue facing significant downwards.
The world’s second-largest cryptocurrency and perhaps the largest smart contracts platform has been performing well beyond expectations, especially over the last few days. Ethereum is the biggest altcoin, both in terms of market cap and liquidity, and has been rallying against BTC while other altcoins are slowly starting to follow suit.
Ethereum has been leading the recent surge seen across the aggregated crypto market and was able to decisively break past $190. This upwards momentum has allowed ETH to erase much of its recent losses, but a downturn amongst other major cryptocurrencies could spell trouble for its near-term price action.
Ethereum has been rising in the past few days from $165 to a recent high of $195 before reaching the current price of just under $190. The cryptocurrency has seen...
The post Ethereum Eyeing $200 appeared first on Trustnodes.
ETH price broke the main $185 resistance and climbed above $190 against the US Dollar. Bitcoin price is consolidating above the $10,300 support area, with positive signs. There is a connecting bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken).
ETH price climbed higher recently and settled above the $175 resistance area against the US Dollar. The price is currently consolidating gains and it might continue to rise towards $185 or $190. There is a key breakout pattern forming with support near $180 on the hourly chart of ETH/USD (data feed via Kraken).
Вторая по стоимости цифровая валюта эфир (ETH) несет потери на протяжении последних нескольких недель. Если в начале августа монета торговалась в районе $240, то уже на этой неделе она опустилась до $179.
ETH price is trading in a bearish zone below the $190 and $192 resistances against the US Dollar. The price is at a risk of more downsides if it breaks the $185 and $182 support levels. There is a key bearish trend line forming with resistance at $187 on the hourly chart of ETH/USD (data.
ETH price failed to climb above the $195 resistance and declined recently against the US Dollar. The price is now trading below the $190 level and it seems like there could be more downsides. There is a short term breakout pattern forming with support near $186 on the hourly chart of ETH/USD (data feed via.
ETH price is currently correcting higher and is trading above the $190 level against the US Dollar. The price is still trading well below the key $195 resistance area. There was a break above a major declining channel with resistance near $192 on the hourly chart of ETH/USD (data feed via Kraken).
It has been another gloomy week for Ethereum, in terms of its price. Ethereum was valued above $200 dollars, at the beginning of the week (19th August) but at press time the price was under $190.
ETH price started a fresh decrease after it failed to climb above the $202 resistance against the US Dollar. The price is down more than 8% from the high and it is now trading well below $190. There is a connecting bearish trend line forming with resistance near $190 on the hourly chart of ETH/USD.
ETH price recovered recently and managed to climb above the $190 resistance against the US Dollar. The price is now trading nicely above the $190 and $192 resistance levels. There is a connecting bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken).
ETH price declined heavily below the key $200 and $190 support levels against the US Dollar. The price is currently consolidating losses after trading as low as $174. There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken).
Over the last 10 days Ethereum (ETH) has seen a sharp pull-back. The $180 support appears to be holding for now but with large selling pressure entering the market further downside is looking likely.
Вторая по стоимости монета эфир (ЕTH) не смогла удержать ранее завоеванные позиции выше $200 и продолжает снижаться. Вечером 14 августа этот альткоин подешевел до $192, на некоторых торговых площадках эфир упал до $186.
Ethereum price recently broke out of a period of consolidation as mentioned in my previous analysis on ETH, completing an asymmetrical triangle in favors of the bulls but has since begun a pullback breaking the short-term support.
Since the 10th of July price levels have broken down out of the ascending channel as mentioned in my previous analysis to key support around $190. Ethereum price looks poised for a reversal at this key level as we near the month of August.
ETH price remained in a bearish zone and broke the $208 support area against the US Dollar. The price tested the $200 support area and it remains at a risk of more losses. There is a major bearish trend line forming with resistance near $214 on the hourly chart of ETH/USD (data feed via Kraken).
The Ethereum price has slipped deeper into a bearish structure that has intensified over the past week. A combination of weakening momentum, strong ETF outflows, and selling from long-term holders has dragged the price of Ethereum lower at a pace that has led to concerns about whether the cryptocurrency is preparing for a deeper correction.
Ethereum is trading at a critical juncture after briefly losing the $3,200 level, with bulls struggling to defend it amid rising selling pressure. The broader crypto market remains on edge, as fear and uncertainty continue to weigh on sentiment following days of steady declines across major assets.
Ethereum is showing signs of weakness as it struggles to reclaim higher price levels amid sustained selling pressure and broader market uncertainty. After several failed attempts to break above key resistance near $3,600, the asset remains range-bound, reflecting the cautious sentiment across the crypto market.
The Ethereum (ETH) blockchain is poised for one of its most significant upgrades yet, the Fusaka Upgrade, set to take place on December 3. This enhancement aims to tackle one of the network’s most pressing challenges: scalability.
Ethereum (ETH) is trading at a crucial juncture after reclaiming the $3,450 level, showing early signs of stabilization following weeks of volatility. While bulls are slowly regaining ground, upward momentum remains fragile as traders await confirmation of a sustained breakout.
Ethereum price failed to recover further above $3,650. ETH is trimming gains and might decline further if it dips below the $3,360 support. Ethereum started a fresh decline after it failed to stay above $3,620.
