Ethereum Could Crash To $1,700 If This Support Fails, Analyst Says
An analyst has explained how Ethereum (ETH) could see its price crash to $1,700 if the support level of this technical analysis (TA) pattern fails. Ethereum Could Be In Danger Of Falling Under Ascending Channel Support In a new Ascending Parallel Channel from TA, which, as its name implies, involves two parallel trendlines that are…
Ethereum Price Stuck in Slow Gear: Will a Breakout Come Soon?
Ethereum price started a recovery wave above the $2,650 zone. ETH is now struggling to clear the $2,880 and $2,920 resistance levels. Ethereum started a decent upward move above the $2,620 zone. The price is trading below $2,750 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with…
Ethereum Is Testing Key Support on the ETH/BTC Chart – A Parabolic Move Could Be Next
Ethereum experienced one of the most chaotic trading days in its history last Monday, as it plunged over 30% in less than 24 hours amid escalating U.S. trade war fears. However, the market quickly rebounded after President Trump announced negotiations with Canada and Mexico, leading to a sharp recovery across crypto assets. Despite this rebound,…
Ethereum Price Sets Its Sights on Higher Levels: Can Bulls Maintain Momentum?
Ethereum price started a recovery wave above the $2,650 zone. ETH is showing positive signs and might aim for a move above the $2,880 resistance. Ethereum started a decent upward move above the $2,650 zone. The price is trading below $2,850 and the 100-hourly Simple Moving Average. There was a break above a short-term declining…
Ethereum Price Path to Recovery Blocked by Key Barriers
Ethereum price started a recovery wave above the $2,550 zone. ETH is showing positive signs but faces many hurdles near the $2,880 level. Ethereum started a decent upward move above the $2,550 zone. The price is trading below $2,880 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at…
Ethereum Price Recovery Stalls at Resistance: Can Bulls Break Through?
Ethereum price started a recovery wave above the $2,500 zone. ETH is up nearly 10% and now faces a major resistance near $2,920. Ethereum started a decent upward move above the $2,500 support zone. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…
Ethereum Price Tanks 25%: What’s Next After the Major Decline?
Ethereum price started a fresh decline below the $3,000 zone. ETH is down over 25% and the bears seem to be in control below $2,770. Ethereum started a fresh decline below the $3,000 support zone. The price is trading below $2,800 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming…
Ethereum Price Enters Bullish Expansion, Analyst Reveals How High It Can Go In February
Ethereum is still showing signs of upward momentum if you know where to look. The leading altcoin is now in a bullish expansion phase, with analysts predicting that its price could surge past key resistance levels in the coming weeks. According to crypto analyst Ted Pillows, Ethereum has entered a bullish expansion phase and is…
Lido Spikes 20% Following Kraken’s Staking Relaunch In Select US States – Details
Lido (LDO), a decentralized autonomous organization (DAO) that provides liquid staking solutions for Ethereum (ETH) and other proof-of-stake (PoS) blockchains, saw its token surge 20% in the past 24 hours. The token’s price jumped from $1.98 on January 30 to $2.37 at the time of writing. Kraken Reintroduces Staking Services In Select States On January…
Ethereum MVRV Forms Signal That Last Led To 40% Price Crash
On-chain data shows the Ethereum Market Value to Realized Value (MVRV) Ratio has just seen a signal that could prove to be bearish for ETH’s price. Ethereum MVRV Momentum Has Witnessed A Bearish Crossover As pointed out by analyst Ali Martinez in a new MVRV Ratio” refers to an on-chain indicator that keeps track of…