Ethereum Price Analysis: ETH Bulls Eye Fresh Highs Above $145

2019-4-1 07:08

ETH price corrected lower recently and tested the $39 support area against the US Dollar. The price found a strong buying interest near $139 and it recently bounced back. There was a break above a declining channel with resistance at $141 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading above the $142 level and it may continue to rise towards the $145 resistance.

Ethereum price stayed above important supports against the US Dollar and bitcoin. ETH is moving higher once again and it seems like bulls are eyeing a break above the $145 swing high.

Ethereum Price Analysis

Recently, ETH price started a downside correction after testing the $145-146 resistance area against the US Dollar. The ETH/USD pair corrected below the $143 and $142 levels. The price even broke the $140 support level and tested the key $139 support area. Buyers emerged near the $139 support and the 100 hourly simple moving average. After a downside spike, the price started a fresh upward move and traded above the $140 resistance level.

Later, there was a break above a declining channel with resistance at $141 on the hourly chart of ETH/USD. The pair spiked above the 50% Fib retracement level of the recent decline from the $145 swing high to $139 swing low. Ethereum price settled above the $142 level, but it faced hurdles near the $143 level. The 61.8% Fib retracement level of the recent decline from the $145 swing high to $139 swing low also acted as a resistance. At the moment, the price is currently consolidating gains above $142 and it may dip a few points.

On the downside, the $142 and $141 support levels might prevent declines. On the upside, a clear break above the $143 resistance could push the price towards the $145 resistance area. Above $145, the next target for buyers could be near the $150 level. On the downside, if there is an increase in selling pressure, the price may revisit the $139 support and the 100 hourly SMA.

Looking at the chart, Ethereum price is clearly holding key supports above the $139 level and the 100 hourly SMA. If bulls fail to defend the $139 support, the price may move into a bearish zone. The next key support is near the $137 level (the previous pivot level). Overall, as long as the price is above $139, it could continue to rise towards $145 and $150.

ETH Technical Indicators

Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone.

Hourly RSI – The RSI for ETH/USD is currently moving higher towards the 70 level.

Major Support Level – $139

Major Resistance Level – $143

The post Ethereum Price Analysis: ETH Bulls Eye Fresh Highs Above $145 appeared first on NewsBTC.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 2418.86 (+0.35%)
Объем 24H $17.496b
Изменеия 24h: -2.17 %, 7d: -7.44 %
Cегодня L: $2366.56 - H: $2423.86
Капитализация $291.272b Rank 2
Цена в час новости $ 142.38 (1598.88%)

price eth above bulls ethereum 145 eye

Источник: newsbtc.com

price eth → Результатов: 126


Ethereum Netflow Spikes To Derivatives Markets – Is a Price Swing on the Horizon?

Ethereum (ETH) has experienced a lackluster phase in recent weeks, with the asset seeing small price surges but still struggling to hold near or above the $3,000 mark after a brief rally in August. According to a recent analysis from a CryptoQuant analyst, the behind the scenes of this price struggle for ETH has been quite interesting, with the asset seeing a significant shift in its netflow.

2024-10-26 11:30


Is This Ethereum ICO Project To Blame For ETH’s Price Slump?

The Ethereum price has fallen by around -25% since its mid-March peak at around $4,100 and is currently trading just above $3,000. While this loss is in line with the broader market trend and in particular Bitcoin’s price drop of about -22% in the same time, there could be another reason for ETH’s price slump, which seems plausible since the German government only sells BTC and not ETH, and Mt.

2024-7-9 19:00


Фото:

ETH’s post-Shapella price outlook: sells outpace buys ahead of Binance withdrawals

Ethereum (ETH) price raced to an 11-month high above $2,142 on Coinbase exchange on Sunday, the major price rally for ETH coming after the cryptocurrency’s successful Shapella upgrade. But what is the latest for Ethereum after it rose despite the sell pressure that followed enabling withdrawals for staked Ether? Kaiko, a leading institutional grade crypto […] The post ETH’s post-Shapella price outlook: sells outpace buys ahead of Binance withdrawals appeared first on Invezz.

2023-4-19 23:44


User Pays $2.6 Million to Transfer Just $130 Worth of ETH; By Far the Highest Fees Ever Paid

After climbing above $240, the second-largest cryptocurrency has slowed down and is keeping around this level. The percent of Ether supply in profit, which is the percentage of calculating ETH whose price at the last time it moved on-chain was lower than the current price, is currently hovering at 80%. It is the third attempt […]

2020-6-11 17:56


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum price briefly touches $2,700 as ETH comes to life

In an exciting turn of events for cryptocurrency enthusiasts, the Ethereum price has briefly touched the $2,700 mark. This resurgence is particularly noteworthy given the broader market dynamics and the strong performance of Bitcoin (BTC), which is nearing its all-time high of $73,794.

Cardano price prediction: will this ghost chain rebound?

Cardano price has been left in the dust this year, as investors focused on its lagging market share across the blockchain industry and its high valuation. ADA has plunged by over 35% this year, while Bitcoin has soared by 65% and moved to its highest level on record.