Ethereum rising steadily above the $142 and $145 resistance levels versus the US Dollar. Besides, bitcoin surged close to 5% above $8,400, opening the doors for an upside break in ETH above $150.
Ether price traded to a new 2020 high at $148 and it is currently consolidating against the US Dollar.
The price seems to be struggling to gain momentum above $148 and $150.
Yesterday’s highlighted important bullish trend line is intact with support near $142 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin rallied $400, tested the $8,450 area and it is currently correcting lower.
Ethereum Price Rising Steadily
In the past few sessions, there were steady gains in Ethereum above the $140 resistance against the US Dollar. Moreover, ETH price surpassed the $142 and $145 resistance levels.
Finally, the price traded to a new 2020 high at $148 and it is currently consolidating gains. It is trading near the 23.6% Fib retracement level of the upward move from the $139 low to $148 high.
It seems like the price is finding support near the $145 level. The next key support is between $143 and $144. Besides, the 50% Fib retracement level of the upward move from the $139 low to $148 high is also near the $143.50 level.
More importantly, yesterday’s highlighted important bullish trend line is intact with support near $142 on the hourly chart of ETH/USD. Therefore, dips in Ethereum could find support near $143 and $142.
As long as the price is above the $142 support, the bulls are likely to push the price above the $148 and $150 resistance levels. The next major target for them could be the key $158 resistance area in the near term.
Important Buy Zones for ETH
If there is a downside break below the $142 support, the price could start a downside extension towards the $138 support area and the 100 hourly simple moving average.
The main support is near the $135 level, where the bulls are likely to take a stand. Any further losses may perhaps start a fresh decline towards the $128 support.
Ethereum Price
Looking at the chart, Ethereum price is showing positive signs above the $142 support and the 100 hourly SMA. In the short term, there could be a minor dip, but the price is likely to bounce back and climb above $148 and $150.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is currently gaining in the bullish zone.
Hourly RSI – The RSI for ETH/USD is correcting lower towards the 50 level.
Major Support Level – $142
Major Resistance Level – $150 The post appeared first on NewsBTC. origin »
Bitcoin broke a couple of important hurdles near $7,500 and $8,000 on the daily chart against the US Dollar. BTC price action indicates a strong rise towards $9,100 or even $10,000. Bitcoin price surged $500 and settled above the key $8,000 resistance against the US Dollar.
Ripple extended its rally and traded towards the $0. 2250 resistance against the US Dollar. Recently, XRP corrected sharply, but bitcoin managed to pop above $8,000 and $8,200. Ripple price is trimming gains and it even dived to test the $0.
Ethereum is trading in a bullish zone above the $140. 50 pivot level vs the US Dollar. ETH to USD could correct in the short term before a fresh increase above $145. 20. Key Takeaways: ETH/USD Ethereum price traded to a new yearly high at $145.
Bitcoin surged more than 5% to climb above the $7,700 and $7,800 resistance levels against the US Dollar. BTC price tested the $8,000 barrier and it could correct lower in the short term. Bitcoin price traded to a new 2020 high close to the $8,000 mark against the US Dollar.
Ripple rallied more than 15% after it broke the key $0. 2000 resistance against the US Dollar. XRP bulls now aim $0. 2320 or $0. 2400, considering the current market sentiment for bitcoin. Ripple price surged above the $0.
Ethereum is up around 5% and trading above key hurdles near $140 versus the US Dollar. Bitcoin and ripple surged 5% and 12% respectively, opening the doors for another increase in ETH. Ether price is now trading above the key $140 and $142 resistance levels against the US Dollar.
Bitcoin might be starting a strong bullish wave above $7,500 against the US Dollar. However, BTC bulls must be careful considering a cluster of resistances between $7,700 and $8,000. Bitcoin price is gaining traction above the $7,400 and $7,500 resistance levels against the US Dollar.
Ripple is grinding higher above $0. 1950 against the US Dollar, whereas bitcoin and Ethereum surpassed key hurdles. Therefore, XRP price is likely to climb above $0. 2000 and $0. 2100. Ripple price is showing positive signs above the $0.
Ethereum gaining bullish momentum above key hurdles versus the US Dollar, similar to bitcoin. ETH price is likely to accelerate higher towards $145 and $150 in the near term. Ether price is rising steadily and trading above the $135 resistance against the US Dollar.
After a downside correction, bitcoin price found support near $6,860 against the US Dollar. The price is currently rising and trading nicely above the $7,400 resistance. There was a break above a major declining channel with resistance near $7,345 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
ETH price is gaining bullish momentum above the $132 resistance against the US Dollar. The price is trading above $135 and it recently traded to a new 2020 high. There was a break above a key declining channel or bullish flag with resistance near $130 on the 4-hours chart of ETH/USD (data feed via Kraken).... The post appeared first on NewsBTC.
Bitcoin started a strong upward move from the $6,880 support area against the US Dollar. The price is reversing losses and it is now well above $7,100. There was a break above a key bearish trend line with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price is consolidating above the $0. 1850 and $0. 1880 support levels against the US dollar. XRP could start a larger rally if it clears the main $0. 2000 resistance area. There is a major breakout pattern forming with resistance near $0.
Ethereum is currently trading in a range below the $130 and $132 resistances against the US Dollar. The price is likely to bounce back as long as it is trading above the $120 support. There is a major bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via... The post appeared first on NewsBTC.
Bitcoin price is currently consolidating above the $7,200 and $7,150 support levels against the US Dollar. The price is likely to climb higher again unless there is a daily close below $7,000. There is a key bearish trend line forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from... The post appeared first on NewsBTC.
Ethereum is down around 4% from the $138 high and tested the $130 support against the US Dollar. The price is currently consolidating above the $130 support, with a few bearish signs. There is a connecting bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price rallied recently above $7,300 before it ran into $7,500 against the US Dollar. The price is showing positive signs it seems like the bulls aim another test of $7,500. There is a major bullish trend line forming with support near $7,325 on the hourly chart of the BTC/USD pair (data feed from Kraken).... The post appeared first on NewsBTC.
Ethereum is still trading above the $122 and $125 support levels against the US Dollar. The price could start a decent increase above the $128 and $130 resistance levels. This week’s major bearish trend line was breached with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is struggling to stay above the $7,160 and $7,120 support levels against the US Dollar. A successful close below $7,120 could accelerate decline below $7,000. There is a key connecting bearish trend line forming with resistance near $7,480 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ethereum is struggling to stay above the key $125 support area against the US Dollar. A successful close below $125 could spark another bearish wave in the near term. There is a connecting bearish trend line forming with resistance near $130 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price failed to extend gains above $7,700 and declined more than $400 against the US Dollar. The price is now trading below $7,400 and it declined close to the $7,260 support area. Earlier, there was a break below a contacting triangle with support near $7,500 on the hourly chart of the BTC/USD pair (data.
Bitcoin price rallied more than 5% to clear the $7,500 resistance against the US Dollar. The price is now trading in a positive zone and it could rise further above $7,700. There is a short term breakout pattern forming with resistance near $7,590 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price is slowly rising and it is now trading above $0. 1950 against the US dollar. The price seems to be lacking bullish momentum above the $0. 1980 and $0. 2000. There is a key bullish trend line forming with support near $0.
Ethereum is climbing higher and trading nicely above the $130 level against the US Dollar. The price is likely to continue higher once it surges above the $150 resistance. There is a rising channel forming with support near $133 on the hourly chart of ETH/USD (data feed via Kraken).
There was a nice upward move in bitcoin price from the $6,435 low against the US Dollar. The price is now trading nicely above the $7,000 and $6,960 support levels. There is likely a bullish continuation pattern forming resistance near $7,180 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price is consolidating gains above the key $7,000 support area against the US Dollar. The price could dip towards the $6,960 support before it starts a fresh increase. There is a short term contracting triangle forming with resistance near $7,135 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ethereum is correcting lower from $135 and it is trading above $125 against the US Dollar. The price is likely to remain in a positive zone as long as it is above $120. There is a breakout pattern forming with resistance near $128 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is trading in a positive zone above the $7,015 support area. BTC to USD is likely to accelerate higher once it clears the $7,220 and $7,300 resistance levels. Key Takeaways: BTC/USD Bitcoin price is back in an uptrend above the $7,000 resistance area against the US Dollar.
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 price reversed its losses and settled above $7,000 against the US Dollar. The price rallied close to the $7,500 resistance area, where sellers emerged. Earlier, there was a break above a key bearish trend line with resistance near $6,700 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ethereum is up more than 8% from the recent low of $115 against the US Dollar. The price is showing signs of a trend reversal, but it must surpass $135. Earlier, there was a break above a connecting bearish trend line with resistance near $122 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is trading in a bearish zone below the $7,200 resistance against the US Dollar. The price is currently struggling to stay above the $7,000 support area. There is a connecting bearish trend line forming with resistance near $7,120 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ethereum is struggling to recover above the $144 and $146 resistance levels against the US Dollar. The price is facing an uphill task and it could continue to move down below $140. There is a key bearish trend line forming with resistance near $143 on the hourly chart of ETH/USD (data feed via Kraken).
After struggling to recover above $7,300, bitcoin price started a fresh decline against the US Dollar. The price is currently trading in a bearish zone just above the $7,000 support area. There is a key bearish trend line forming with resistance near $7,260 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
Ripple price is struggling to recover above the $0. 2200 resistance area against the US dollar. The price remains at a risk of more downsides below the $0. 2180 support area. There is a declining channel forming with resistance near $0.
Ethereum is slowly recovering from the $140 support area against the US Dollar. The price is currently facing resistance near the $145 level and the 100 hourly SMA. There was a break above this week’s key bearish trend line with resistance near $144 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price failed to stay above the $7,400 support and declined recently against the US Dollar. The price is trading below $7,280 and it could even decline below the $7,160 support. There is a major declining channel forming with resistance near $7,240 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price is trading with a positive bias above the $7,380 and $7,420 support levels. BTC to USD is likely to climb above the $7,640 and $7,780 resistance levels. Key Takeaways: BTC/USD Bitcoin price is showing a lot of positive signs above the $7,420 and $7,380 supports against the US Dollar. BTC/USD is trading above […]
Bitcoin price is showing positive signs above the $7,400 resistance area against the US Dollar. The price is likely to clear the $7,560 and $7,600 resistances to continue higher. There is a major bullish trend line forming with support near $7,490 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price is gaining momentum and it is rising above $0. 2250 against the US dollar. The price is likely to continue higher above the $0. 2320 and $0. 2350 resistance levels. There is a key bullish trend line forming with support near $0.
Ethereum is approaching the main $152 and $155 resistance levels against the US Dollar. The price is likely to rally significantly once there is a clear break above $152. There is a key bullish trend line forming with support near $148 on the hourly chart of ETH/USD (data feed via Kraken).
ETH price is struggling to gain pace above the $152 and $158 resistance levels against the US Dollar. The price is currently holding the main $144 support area and breakdown zone. There is a key contracting triangle forming with resistance near $150 on the 4-hours chart of ETH/USD (data feed via Kraken).
After forming a base above $7,000, bitcoin price climbed above the $7,500 resistance against the US Dollar. The price is currently correcting gains and it is trading below the $7,440 level. There is a major contracting triangle forming with resistance near $7,520 on the 4-hours chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price is trading nicely above the $7,260 support area. BTC to USD seems to be setting up for a strong rally above the $7,460 and $7,500 resistance levels. Key Takeaways: BTC/USD Bitcoin price is trading with a positive bias above the $7,260 support area against the US Dollar. BTC/USD is trading below the $7,430 […]
Bitcoin price is still trading above the $7,200 and $7,240 support levels against the US Dollar. The price is struggling to climb above the $7,440 and $7,500 resistance levels. There is a major breakout pattern forming with resistance near $7,440 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price is trading nicely above the $0. 2180 pivot area against the US dollar. The price is likely to slowly rise towards the $0. 2265 and $0. 2300 resistance levels. There is a major bullish trend line forming with support near $0.
Ethereum is slowly rising and it is trading above the $146 support area against the US Dollar. The price is facing a few strong resistances near $148, $150 and $152. There is a key contracting triangle forming with resistance near $148 on the hourly chart of ETH/USD (data feed via Kraken).
Ripple price rallied recently above the $0. 2220 resistance, but failed near $0. 2265 against the US dollar. The price currently declining and it is approaching the pre-rally level near $0. 2100.
Ethereum rallied sharply above the $150 resistance, but failed near $152 against the US Dollar. The price is trimming gains and it is back to pre-rally levels near the $144 support. There is a short term bullish trend line forming with support near $145 on the hourly chart of ETH/USD (data feed via Kraken).
The crypto exchange ByBit has been hacked, and roughly $1. 5 billion in Ethereum (ETH) has been stolen — making this one of the biggest hacks in history. On Feb. 21, the crypto trading platform stated on social media platform X that it detected unauthorized activity involving one of its Ethereum cold wallets.
BlackRock’s iShares Bitcoin Trust (IBIT) is the dominant force in the US spot Bitcoin exchange-traded fund (ETF) market, holding half of the 12 products’ total assets under management (AUM).
Franklin Templeton has launched the Franklin Crypto Index ETF (EZPZ), an exchange-traded fund holding both spot Bitcoin and Ether, the asset manager announced on February 20. This marks the second cryptocurrency index ETF to hit the US market, following Hashdex’s Nasdaq Crypto Index US ETF (NCIQ), which launched on February 14. EZPZ tracks the US […]
Digital tokens witness limited recoveries as Bitcoin attempts a break past $97K. While bulls fight for control, AAVE remains poised for continued struggle after resistance rejection. AAVE failed to steady above $270 after rallying to $277 on Monday.
Ethereum price has recovered from lows of $2,619 to trade above $2,728. Incidentally, ETH price as jumped by more than a percentage in the past 24 hours. The gains come amid a spike in daily volume, with data showing the global trading volume on the Ethereum network hit $20 billion. While ETH remains below the […]