Ethereum is still facing a strong resistance near the $142 and $144 levels against the US Dollar. A successful close above $144 could start a strong increase in ETH price in the near term.
Ethereum is struggling to gain bullish momentum above the $142 zone against the US Dollar.
The price is currently trading nicely above the $135 support and the 100 hourly simple moving average.
There is a key declining channel forming with resistance near $142 on the hourly chart of ETH/USD (data feed via Kraken).
The bulls are likely to make another attempt to clear the $142 and $144 resistance levels.
Ethereum Price Trading in a Positive Zone
Yesterday, we discussed the importance of the $142 and $144 resistance levels for Ethereum against the US Dollar. Recently, ETH price made another attempt to clear the $142 hurdle, but it failed.
A swing high is formed near $142 and the price is currently correcting gains. It traded below the 23.6% Fib retracement level of the recent rise from the $133 low to $142 high.
It seems like there is a key declining channel forming with resistance near $142 on the hourly chart of ETH/USD. An initial support on the downside is near the $138 level. The first major support is seen near the $136 level. It is close to the 50% Fib retracement level of the recent rise from the $133 low to $142 high.
Ethereum Price
The main support is now forming near the $135 level and the 100 hourly simple moving average. Any further losses may perhaps put a lot of pressure on Ethereum bulls and the price could decline below $132. The next major support is near the $125 level.
Upside Break?
On the upside, the first major hurdle for Ethereum is near the $142 level. The main hurdle is now near the $144 level. A successful break above the channel resistance, $142, and $144 is needed to start a strong increase in the near term.
In the stated scenario, the price is likely to accelerate higher towards the $150 and $155 resistance levels. Any further gains could lead the price towards the $165 level in the coming days.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bullish zone.
Hourly RSI – The RSI for ETH/USD is currently well above the 50 level, with a positive bias.
Major Support Level – $135
Major Resistance Level – $144
Take advantage of the trading opportunities with Plus500
Risk disclaimer: 76.4% of retail CFD accounts lose money. origin »
Ethereum is struggling to gain bullish momentum above the $142 and $144 resistances against the US Dollar. ETH price could start a major decline if it breaks the $135 support. Ethereum is facing an uphill task as the bulls struggle near $135 against the US Dollar.
Ethereum is currently trading nicely above the $135 support area against the US Dollar. ETH price is likely to break the $142 and $144 resistance levels for a move towards $150. Ethereum is trading in a positive zone above the $135 support against the US Dollar.
Ethereum is trading in a tight range above the $110 support area against the US Dollar. ETH price must break the $132 and $144 resistance levels to start a fresh increase. Ethereum is currently consolidating below the key $144 resistance area against the US Dollar.
Bitcoin's price, at press time, was $10,144. And while the king coin's price has dipped significantly over the past few hours, Bitcoin's surge over $10,300 was the world's largest cryptocurrency's bigThe post Can Ethereum serve as an intraday hedge against stocks and gold? appeared first on AMBCrypto.
The new year has been good for Ethereum; ETH surged by nearly 42% in just over two weeks from the start of the year. However, the coin has dropped in value since then, and there are signs it could droThe post Ethereum could dip to $144 before shooting to $170 appeared first on AMBCrypto.
За последние несколько дней эфириум укрепился выше уровня поддержки в $140 против доллара США и оказался выше зоны $141-$142 и SMA 100 по часовому графику. По данным CoinMarketCap в момент подготовки данного поста вторая по рыночной капитализации криптовалюта стоила $144,02.
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).
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).
Ethereum is down more than 2% and it broke the $142 support area against the US Dollar. The price is currently correcting higher, but it could face hurdles near $142 and $144. Yesterday’s major bearish trend line is active with resistance near $145 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is holding the main $144 support, but also struggling to rise against the US Dollar. The price is now trading below the previous support (now resistance) near $148. There is a key bearish trend line forming with resistance near $147 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).
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).
ETH price is currently trimming gains from the $158 resistance area against the US Dollar. The price is now approaching a couple of important supports near the $144 area. Earlier, there was a break above a major bearish trend line with resistance near $152 on the 4-hours chart of ETH/USD (data feed via Kraken).
Рынок криптовалют за последние два дня подрос еще на 2,2%, в результате чего основной индикатор находится в районе значения $227 млрд. В последние часы наблюдается снижение котировок большинства ликвидных криптовалютных пар, сопряженное с возросшими объемами.
Litecoin price struggled to gains strength above the $144. 00 and $145. 00 resistance levels. LTC is currently declining, but it is likely to find a strong support near $130. 00 or $126. 00. Key Talking Points Litecoin price.
Technicals for both ETC/USD and ETC/BTC suggest a potential end to the multi-month bear trend on both pairs. ETC/USD rose 144% from the December 2018 lows, in spite of a 51% attack.
ETH price rallied in the past few days and broke the $139 and $144 resistances against the US Dollar. The price is currently correcting lower, but it could find a strong support near the $139 zone.
Ethereum [ETH] continued its bullish march on March 30 as the coin registered a 4. 39% hike against the US dollar. At press time, the price valuation of the token was $144. 83 and the market capitalization recorded was around $15.
ETH price extended upsides and gained bullish momentum above the $140 resistance against the US Dollar. The price even broke the $144 level and traded close to the $146 level before correcting lower.
ETH price corrected lower and tested the $136-137 support area against the US Dollar. The price is currently recovering and it may continue to rise above $141 and $144 in the near term. This was a break above a key contracting triangle with resistance near $139 on the hourly chart of ETH/USD (data feed via.
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On March 5, Ethereum stopped going down, and is currently trading at $126. 82. The downtrend reached 61. 80% Fibo, while now the price may go up to the local resistance at $133.
Рынок криптовалют за выходные обновил максимумы с начала года, достигая в моменте показателя капитализации $144 млрд, однако закрепиться на достигнутых уровнях не удалось. В очередной раз рынок напомнил спекулянтам о важности выставления защитных стоп-приказов.
В середине рабочей недели виртуальные валюты, входящие в топ-5 по объему капитализации, торгуются разнонаправленно. По данным Coinmarketcap на 10. 30 по мск, стоимость bitcoin составила $3950,57, увеличившись на 0,36%.
ETH price extended the recent rally and traded above the $144 and $148 resistances against the US Dollar. The price traded close to the $150 level and later started consolidating gains above $145.
Key Highlights · ETH price failed to stay above the $155 support and declined recently against the US Dollar. · Yesterday’s highlighted key bullish trend line was breached with support at $150 on the hourly chart of ETH/USD (data feed via Kraken).
С понедельника рынок криптовалют значительно просел. К текущему моменту значение капитализации составляет $144 млрд, что на 21% меньше по сравнению со значением, зафиксированным на утро понедельника.
Вечером 19 ноября рынок криптовалют вновь потерпел очередное падение, биткоин упал в цене и стал стоить ниже $5 тысяч. Это новый годовой минимум первой криптовалюты с октября прошлого года.
Напомним, неделю назад цена биткоин упала сразу на 14% до уровня $5,4 тысяч.
An interesting thing is observed when you compare the circulating supply of Binance Coin (BNB) as reported on coinmarketcap. com, to that that is displayed on the Binance. com website. On coinmarketcap, the amount of BNB circulating in the market is recorded as 112.
The value of Bitcoin will be the main talk in a decade to come. That’s according to a report by Satis Group. Satis Group
The post Analysts: Bitcoin (BTC) To Hit $144,000 In 10 Years, Ethereum To Lose Steam appeared first on Ethereum World News.
Research firm Satis Group has released a new report claiming that Bitcoin (BTC) will hit $144,000 in ten years. Decade-Long Predictions The group’s evaluations are based on real-world data researched by Sherwin Dowlat and Michael Hodapp.
The latest cryptocurrency investment of a US legislator, who bought Ethereum (ETH) when its price dropped below $3,000, is generating headlines. Representative Michael Collins has reportedly taken advantage of the dip by purchasing between $1,000 and $15,000 worth of Ethereum.
Analysts said that two of the biggest cryptocurrencies in the world are riding on the waves of positive sentiments as the exchange-traded funds of Bitcoin and Ethereum reached record highs. The pro-cryptocurrency stance of US President-elect Donald Trump continues to fuel the positive outlook, propelling BTC and ETH to attain unprecedented levels. Related Reading: Operation […]
On Monday, the State of Michigan revealed substantial investments in cryptocurrency exchange-traded funds (ETFs) for Bitcoin and Ethereum in a 13F filing with the US Securities and Exchange Commission (SEC).
For years, Ethereum has established itself as the second-best competitor to Bitcoin regarding technology, innovation, and use cases. If many consider Bitcoin as ‘digital gold,’ Ethereum would be ‘digital silver.
According to veteran trader Peter Brandt, Ethereum might have just seen its future looking brighter. Known for his technical forecasts, Brandt feels the altcoin is on the verge of a bullish turnaround.
On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price. Ethereum Network Growth Has Shot Up Recently According to data from the on-chain analytics firm Santiment, the ETH blockchain has recently created many wallets.
Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022.