Ethereum Price Analysis: ETH Eyes Next Crucial Bullish Break

2020-1-22 16:29

Ethereum is slowly moving higher and trading above the $161.80 support vs the US Dollar. ETH to USD is likely to surge again if it clears the $170.20 and $172.30 resistance levels.

Key Takeaways: ETH/USD Ethereum price is showing a few positive signs above $161.80 and $164.00 against the US Dollar. ETH/USD is following a crucial contracting triangle with resistance near $168.80 on the 2-hours chart (data feed from Bitstamp). Bitcoin price must settle above $8,720 and $8,750 to continue higher in the near term. Ethereum Price Analysis

After a strong surge, Ethereum price faced resistance near the $179.00-$180.00 area. ETH to USD traded as high as $179.18 and later started a downside correction below the $175.00 level.

Looking at the 2-hours chart, Ethereum price traded below the $170.00 support and even broke the 50 simple moving average (2-hours, purple). However, the $161.20 area acted as a strong support and prevented additional losses.

A swing low is formed near $161.15 and the price recently started a fresh increase. It broke the $165.00 area, plus the 23.6% Fib retracement level of the latest correction from $179.18 to $161.15.

However, Ethereum price seems to be facing hurdles near the $168.80 and $170.20 levels. More importantly, the price is following a crucial contracting triangle with resistance near $168.80 on the 2-hours chart.

The triangle resistance is close to the 50% Fib retracement level of the latest correction from $179.18 to $161.15. Therefore, a successful close above the $168.80 and $170.20 levels is needed for a clear upside break.

In the mentioned bullish case, the price may perhaps resume its uptrend above the $172.30 and $175.00 resistance levels. The main hurdle for the bulls is still near the $179.00-$180.00 area.

Conversely, there could be a downside break below the $166.50 support area. If there is a break below $166.50 and $165.00, Ethereum price might revisit the $161.80 support. The next major support is near the $158.60 level, below which the bears are likely to take control in the coming sessions.

Live Ethereum (ETH) Price: 1 ETH/USD =$167.1708 change ~ -0.92%

Coin Market Cap

$18.29 Billion

24 Hour Volume

$2.24 Billion

24 Hour VWAP

$169

24 Hour Change

$-1.5393 var single_widget_subscription = single_widget_subscription || []; single_widget_subscription.push("5~CCCAGG~ETH~USD"); origin »

Ethereum (ETH) на Currencies.ru

$ 3400.89 (+0.32%)
Объем 24H $25.586b
Изменеия 24h: -0.23 %, 7d: -0.01 %
Cегодня L: $3314.94 - H: $3402.88
Капитализация $409.714b Rank 2
Цена в час новости $ 173.25 (1863%)

eth ethereum usd 161 above price clears

Источник: bitcoinexchangeguide.com

eth ethereum → Результатов: 126


Traders Rushing Back to Ethereum – Can ETH Recover This September?

It looks like the crypto market is entering a slow recovery mode, with most of the top 10 projects seeing nice jumps over the past week. However, Ethereum failed to follow the market sentiment, and remained around $2,300 level throughout the week – industry insiders are blaming a large number of ETH whales who liquidated […] The post Traders Rushing Back to Ethereum – Can ETH Recover This September? appeared first on CaptainAltcoin.

2024-9-18 17:30


Ethereum Price Prediction: Analyst Anticipates ETH Dropping to $2200, Sharks Join The Mpeppe Wave After 150% Rally

Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has recently been struggling to maintain its momentum in the face of bearish trends. Analysts have been observing Ethereum’s performance closely, and many are predicting a further decline in price, with some forecasting that ETH could drop as low as $2,200.

2024-9-7 20:27


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Цена Ethereum пробила уровень $4000

6 декабря котировки второй по капитализации криптовалюты превысили уровень $4000 впервые с марта. За последние сутки актив вырос на 1,4%, согласно CoinGecko. 15-минутный график ETH/USDT биржи Binance. Данные: TradingView.

Соучредитель Ethereum перевел 20 000 ETH на Kraken

Разработчик и сооснователь Ethereum Джеффри Вильке отправил 20 000 ETH (~$72,5 млн) на биткоин-биржу Kraken. На это обратили внимание в Spot On Chain. Эксперты отметили, что транзакция произошла на фоне роста цены криптовалюты, в результате которого курс приблизился к $3700.

Цена Ethereum пробила уровень $2800

Вторая по капитализации криптовалюта за последние сутки подорожала на 9,6%. Цена актива пробила уровень $2800, поднявшись к значениям начала августа. На графике ниже видно, что восходящее движение поддерживалось всплеском объемов торгов: Четырехчасовой график ETH/USDT биржи Binance.

Объем торгов спотовыми Ethereum-ETF превысил $500 млн

Общий объем торгов спотовыми ETF на базе второй по капитализации криптовалюты преодолел рубеж в $500 млн спустя несколько часов после дебюта нового инструмента на регулируемых американских биржах.

Bitwise внесла изменения в форму S-1 для спотового Ethereum-ETF

Управляющий активами Bitwise подал обновленную форму S-1 для спотового биржевого фонда на базе Ethereum за несколько дней до крайнего срока 8 июля. Источники The Block сообщили, что SEC не назвала точное время рассмотрения документов, но компании могут получить одобрение к концу следующей недели.