Ethereum Price Analysis: ETH/USD Could Decline to $180

Key Highlights ETH price is under a lot of pressure after it broke the $210 support against the US Dollar. There was a break below a major contracting triangle with support at $210 on the hourly chart of ETH/USD (data feed via Kraken). The pair is under a lot of pressure and it could continue to decline towards the $180 level. Ethereum price declined recently against the US Dollar and bitcoin. ETH/USD may perhaps continue to decline towards the $180 level in the near term. Ethereum Price Decline After failing…

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…

Ethereum Price Analysis: Can ETH/USD Extend Recovery Above $200?

Key Highlights ETH price started an upside correction after it found support near $168 against the US Dollar. There was a break above a major declining channel with resistance at $183 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to face a strong resistance near the $200 level and the 100 hourly simple moving average. Ethereum price is slowly recovering against the US Dollar and bitcoin. ETH/USD buyers could face a tough challenge near the $190-200 resistance zone. Ethereum Price Resistance Yesterday, we saw…

Ethereum Price Analysis: ETH/USD Could Extend Declines Below $175

Key Highlights ETH price is under a lot of pressure as it broke the $185 low against the US Dollar. There are two bearish trend lines in place with resistance at $190 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down and it may even break the $175 and $170 levels. Ethereum price is moving south against the US Dollar and bitcoin. ETH/USD broke the $185 low and it will most likely extend losses below $175. Ethereum Price Decline There was a…

Ethereum Price Analysis: ETH/USD Sets Eyes On $210-215

Key Highlights ETH price is slowly recovering and is likely forming a support near $185 against the US Dollar. Yesterday’s highlighted key bearish trend line was breached with resistance at $193 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to slowly move higher towards the $208 and $210 resistance levels in the near term. Ethereum price is trading with range moves against the US Dollar and bitcoin. ETH/USD could test the $210-215 resistance zone where sellers are likely to emerge. Ethereum Price Support Yesterday,…

Ethereum Price Analysis: ETH/USD Facing Key Resistance Near $215

Key Highlights ETH price started a short term upside correction after trading as low as $185 against the US Dollar. There is a crucial bearish trend line in place with resistance at $205 on the hourly chart of ETH/USD (data feed via Kraken). The pair is facing many strong resistances near the $205, $213 and $215 levels. Ethereum price is slowly correcting higher against the US Dollar and bitcoin. ETH/USD must break the $215 resistance to recover nicely in the near term. Ethereum Price Resistance This past week, we saw…

Ethereum Price Weekly Analysis: ETH/USD Remains Sell on Rallies

Key Highlights ETH price is under heavy selling pressure as it recently broke the $200 support against the US Dollar. There is a major bearish trend line formed with resistance at $205 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains sell on rallies near the $200, $205 and $210 levels in the near term. Ethereum price is heading south versus the US Dollar and Bitcoin. ETH/USD could continue to move down until buyers take a strong stand. Ethereum Price Decline There was no major recovery…

Ethereum Price Analysis: ETH/USD Could Correct Towards $240

Key Highlights ETH price found support near the $209 level and later corrected higher against the US Dollar. There was a break above a short-term bearish trend line with resistance at $226 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to extend the current correction towards the $238 and $240 resistances. Ethereum price is slowly correcting higher against the US Dollar and bitcoin. ETH/USD could correct further higher towards the $240 resistance in the near term. Ethereum Price Correction Recently, there was a sharp…

Ethereum Price Analysis: ETH/USD Turned Super Bearish Below $240

Key Highlights ETH price declined heavily and broke the $260, $250 and $240 support levels against the US Dollar. This week’s followed crucial bearish trend line played well with resistance near $284 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded close to the $200 level and it is currently correcting higher. Ethereum price is under a lot of selling pressure against the US Dollar and bitcoin. ETH/USD may continue to slide towards the $200 level in the near term. Ethereum Price Decline There was yet…

Ethereum Price Analysis: ETH/USD Moving Lower Within Range

Key Highlights ETH price failed to gain traction above $292-295 and declined recently against the US Dollar. This week’s followed important bearish trend line is still in place with resistance near $288 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to break the $288 and $290 resistance levels to gain momentum in the near term. Ethereum price is facing crucial hurdles against the US Dollar and bitcoin. ETH/USD buyers must gain traction above $290 to push the price higher. Ethereum Price Resistance There were many…