Amid the latest market recovery, Ethereum (ETH) attempted to break out from its multi-month downtrend, leading some market watchers to suggest that a new rally could start soon. However, as price struggles to hold the $1,600 level as support, the cryptocurrency risks losing recent momentum. Ethereum Breakout Eyes Key Resistance On Easter Sunday, the crypto…
Ethereum price started a fresh decline below the $1,620 zone. ETH is now consolidating and might attempt to recover above the $1,620 resistance. Ethereum started a fresh decline below the $1,620 and $1,600 levels. The price is trading below $1,620 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend…
Ethereum price started a fresh increase above the $1,580 zone. ETH is now consolidating gains and might aim for more gains above $1,665. Ethereum started a decent increase above the $1,580 and $1,620 levels. The price is trading below $1,620 and the 100-hourly Simple Moving Average. There is a new connecting bearish trend line forming…
Ethereum has kicked off the new year with a strong performance, surging over 9% in just a few days. This rally has brought renewed optimism to the market, especially among analysts and investors who had grown concerned about Ethereum’s prolonged underperformance compared to Bitcoin. Over the past months, ETH struggled to maintain momentum, causing many…
Ethereum price started a fresh recovery wave from the $3,320 zone. ETH is consolidating and aims for a fresh increase above the $3,450 resistance. Ethereum started a decent recovery wave above the $3,350 zone. The price is trading above $3,365 and the 100-hourly Simple Moving Average. There was a break above a short-term declining channel…
According to a recent report by Steno Research, Ethereum (ETH) is poised to outperform Bitcoin (BTC) in 2025. This outlook is attributed to historical trends and the anticipated impact of favorable cryptocurrency regulations following Republican presidential candidate Donald Trump’s victory in the November election. Will 2025 Be The Year Of Ethereum? While the overall cryptocurrency…
Ethereum price started a fresh decline from the $3,550 resistance. ETH is now showing bearish signs and might slide below the $3,300 level. Ethereum started a fresh decline from the $3,550 zone. The price is trading below $3,450 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with…
Ethereum price started a decent increase above the $3,350 resistance. ETH is now recovering some losses and might gain pace if it clears the $3,550 resistance. Ethereum started a fresh increase above the $3,400 zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming…
Ethereum price started a recovery wave from the $3,220 support. ETH is now recovering some losses and might rise if it clears the $3,550 resistance. Ethereum started a fresh increase above the $3,350 zone. The price is trading above $3,420 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with…
Ethereum price extended losses and dropped below the $3,450 zone. ETH is now recovering some losses and might rise if it clears the $3,445 resistance. Ethereum started a fresh decline below the $3,500 zone. The price is trading below $3,450 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend…
