Ethereum started a sharp decline from the $180 resistance, similar to bitcoin from $9,200. ETH declined towards $160, but it is likely to find strong bids near $158.
Ether price was rejected near the $180 area and it declined below $165 against the US Dollar.
Bitcoin price is down more than 5% and it is now trading near the $8,500 resistance.
There was a break below a major bullish trend line with support near $172 on the hourly chart of ETH/USD (data feed via Kraken).
The pair is trading above a couple of important supports near $158 and $162.
Ethereum Starts Corrective Decrease
This past week, we saw a strong rise in Ethereum above the $165 and $170 resistance levels against the US Dollar. ETH price even surpassed the $175 resistance and traded close to the $180 zone.
However, the price faced a strong selling interest near the $178-$180 resistance zone. A high was formed near $179 and the price started a solid downside correction.
The price traded below a couple of important supports near the $172 and $170 levels. Moreover, there was a break below a major bullish trend line with support near $172 on the hourly chart of ETH/USD.
Ethereum Price
Finally, Ethereum price settled below the $170 level and the 100 hourly simple moving average. It opened the doors for more losses and the price broke the $165 support. A low is formed near $162 and the price is currently correcting higher.
An initial resistance is near the $166 level. Besides, the 23.6% Fib retracement level of the recent decline from the $179 high to $162 low is also near $165.
The first key resistance is near the $168 level and the 100 hourly SMA. The main resistance is near the $170 level since it is close to the 50% Fib retracement level of the recent decline from the $179 high to $162 low.
Therefore, Ethereum needs to climb back above the $168 and $170 levels to resume its upward move towards $180 and $185.
Dips In ETH Remain Supported
On the downside, there are a couple of key supports near $162 and $158. If ETH fails to stay above the $158 support, there is a risk of a larger downside correction.
The main support is near the $152 level, below which Ethereum is likely to turn bearish and decline towards $140 in the near term.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is slowly moving back into the bullish zone.
Hourly RSI – The RSI for ETH/USD is now well below the 50 level.
Major Support Level – $158
Major Resistance Level – $170 The post appeared first on NewsBTC. origin »
Ethereum’s value against bitcoin has finally began rising this week with some big jumps as pictured above. Ethereum’s price against bitcoin increased by 10%, up from circa 17 mBTC to.
Ethereum has been closely tracking Bitcoin’s price action over the past several days, which has led it to incur heightened volatility that has generally favored ETH’s buyers. The crypto has now been able to reclaim its position within the $140 region, which comes after its bulls defended a key support region.
Bitcoin was rejected on a few occasions near $7,260 and $7,300 against the US Dollar. The price is currently declining and it remains at a risk of more downsides below $7,000. There is a declining channel forming with resistance near $7,180 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ethereum has been free-falling for quite a while now and yet, the bottom doesn't seem to be in yet. However, a largely bullish pattern has formed, with ETH bouncing in it and starting its mini-rally oThe post Ethereum to suffer more before it spikes to $170 - $180 appeared first on AMBCrypto.
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).
С понедельника рынок криптовалют снизился. Продажи на возросшем объеме отмечаются практически во всех ликвидных инструментах рынка. Показатель капитализации упал на 6,7%, и к текущему моменту его значение составляет $180 млрд.
Ethereum price is declining below the key $180 support against the US Dollar. Bitcoin price is down more than 2% and it also broke the $8,200 support area. Yesterday’s bearish trend lines are intact with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken).
Цена Ethereum удерживает важную поддержку в паре с долларом, и ETH растет в паре с биткоином. В ближайшее время цена ETH может протестировать область поддержки в 180 или 178 долларов.
Ethereum price is still struggling to climb above $186, $188 and $190 resistances against the US Dollar. The price is currently declining and it seems like it could retest the $180 support area. There are two major bearish trend lines forming with resistance near $186 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum’s price action has been closely tracking that of Bitcoin over the past several days and weeks, which has allowed ETH to climb slightly today as it begins consolidating within the mid-$180 region.
Ethereum’s price action has been closely mirroring that of Bitcoin’s in recent times, which has made it prone to seeing heightened levels of selling pressure in spite of ETH’s multiple recent attempts to break above its long-established resistance level at $190.
Ethereum’s price action has been closely tracking that of Bitcoin’s in recent times, which has led it to experience some bearishness overnight as the crypto now nears the lower-$180 region – a consistent level of support for ETH.
Ethereum has been stuck below its near-term resistance level at $190 for the past several weeks, and both ETH’s bulls and bears have been deadlocked as they hold the cryptocurrency steady within the mid-$180 region.
Ethereum price seems to be consolidating for quite some time above $180 against the US Dollar. The price could start a strong upward move above $190 as long as it is above $180. There is a short term ascending channel forming with support near $186 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum price is trading nicely above the key $182 and $180 support levels against the US Dollar. The price is currently facing many resistances such as $187, $188 and $190. Recently, there was a break above a connecting bearish trend line with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum price is up more than 3% and recovering above $188 against the US Dollar. There was a decent upside correction from the $180 support area. There is a key bullish trend line forming with support near $186 on the hourly chart of ETH/USD (data feed via Kraken).
ETH price declined recently below the $188 and $186 support levels against the US Dollar. The price is still trading above the key $180 and $178 support levels. There is a crucial bullish trend line forming with support near $180 on the 4-hours chart of ETH/USD (data feed via Kraken).
After a long period of trading sideways within the mid-$180 region, Ethereum (ETH) has now begun to incur significant upwards momentum that has pushed it up to $190, which is where it faces some notable resistance that could ultimately push its price lower in the near-term.
After facing some downwards pressure yesterday, Ethereum (ETH) has been able to post a decent climb today that has allowed it to further establish its current foothold within the mid-$180 region. This price action has been strikingly similar to that of Bitcoin, and it does appear that the two assets are strongly correlated at the.
ETH price found support near the $178 zone and is correcting higher against the US Dollar. The price is currently consolidating above the $180 support area, with a few positive signs. There is a major bullish trend line forming with support near $182 on the 4-hours chart of ETH/USD (data feed via Kraken).
Ethereum (ETH) has been caught in a bout of consolidation within the mid-$180 region, which has been largely guided by Bitcoin’s inability to garner any momentum that pushes it away from the lower-$9,000 region, which is where it has been trading for the past several days.
Ethereum price declined recently and traded below the $180 support area against the US Dollar. Bitcoin is under pressure and it seems to be struggling to stay above the $9,000 support. There is a new connecting bearish trend line forming with resistance near $183 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum has a bullish short-term trading bias, but remains bearish over the medium-term The four-hour time frame shows that a bearish head and shoulders pattern has been invalidated The daily time frame shows bulls need to rally price towards the $240.
Ethereum price is trading nicely above the $180 support area against the US Dollar. Bitcoin price is down more than 2%, but it is trading well above the $9,000 support area. There was a break above a connecting bearish trend line with resistance near $185 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum price is showing positive signs above the $175 and $180 levels against the US Dollar. Bitcoin price is climbing higher and it is likely to revisit the key $10,000 resistance area. There is a rising channel forming with support near $183 on the hourly chart of ETH/USD (data feed via Kraken). The pair is...
Ethereum price is declining again after it failed to break $178 and $180 against the US Dollar. Bitcoin price is also moving down and it is likely to break the $8,000 support area. There is a key bearish trend line forming with resistance near $172 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum price is currently struggling to climb above $178 and $180 against the US Dollar. Bitcoin price is declining and it seems like it failed to stay above $8,220 and $8,200. There is a short term bullish trend line forming with support near $172 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum price is currently correcting higher and is trading above $172 against the US Dollar. Bitcoin price is up more than 4% and it broke the key $8,200 resistance area. There was a break above a key bearish trend line with resistance near $172 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum price is currently correcting higher, but it is facing a strong resistance near $180 against the US Dollar. Bitcoin price is up more than 1. 5%, but it is also facing resistance $8,120 and $8,200.
ETH price started a sharp downside correction after trading as high as $198 against the US Dollar. The price is currently holding an important support area near the $180 level. There was a break below a major bullish trend line with support near $188 on the 4-hours chart of ETH/USD (data feed via Kraken).
ETH price is climbing higher and it recently broke the $175 and $180 resistances against the US Dollar. The price is currently trading near a crucial resistance area at $185 and $186. There was a break above a key bearish trend line with resistance near $175 on the hourly chart of ETH/USD (data feed via.
ETH price started trading in a range after it failed to surpass the $185 resistance against the US Dollar. The price is currently trading below the key $180 and $185 resistance levels. There is a key contracting triangle forming with resistance near $180 on the 4-hours chart of ETH/USD (data feed via Kraken).
Ethereum (ETH) has been closely tracking the price action of Bitcoin and most other major altcoins over the past several days, but it appears that it is beginning to establish its own momentum as it climbs towards $180.
Ethereum is struggling to stage a rally above the $180.00 resistance level The four-hour time frame shows that the ETH / USD pair is trapped within a bearish flag pattern The daily time frame shows that a much larger head and shoulders pattern could form if the ETH / USD pair continues to decline Ethereum […]
The post Ethereum Price Analysis ETH / USD: Lit Fuse appeared first on Crypto Briefing.
Крупнейший альткоин эфир (ETH) все еще торгуется ниже $200, однако монета смогла немного укрепиться после падения до $165. В четверг, 3 октября, курс ETH вырос до $178, и многие трейдеры считают, что если альткоин достигнет $180, то на этом уровне он сможет получить достаточную поддержку для сохранения восходящей динамики движения.
ETH price is showing positive signs above the $172 and $170 support levels against the US Dollar. The price is currently trading near $180 and it might soon retest the $185 resistance area. Yesterday’s highlighted key bullish trend line is active with support near $172 on the hourly chart of ETH/USD (data feed via Kraken).
ETH price started an upside correction above the $172 and $175 resistances against the US Dollar. The price even broke the $180 level and it is currently testing the key $185 resistance area. There was a break above a declining channel with resistance near $171 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum has extended its upwards momentum after briefly facing a bout of selling pressure yesterday that sent it reeling into the $160 region. Today, however, ETH has surged over 5% and is now nearing the $180 region.
Ethereum торгуется в широком диапазоне после падения на прошлой неделе по отношению к доллару и биткоину. Цена ETH может продолжать сталкиваться с препятствиями около $175 и $180.
ETH price managed to recover above $172, but it failed to continue above $180 against the US Dollar. The price is currently trading below the $170 support and it might retest the $165 or $162 support.
Впервые в истории сумма собранных в сети Ethereum комиссий на 24-часовом отрезке превысила показатель биткоина, обращает внимание Trustnodes. По данным портала Messari, майнерами Ethereum было собрано $207 000 за счёт уплаченных пользователями комиссий, а майнерами биткоина — $180 000.
Ethereum has been leading the recent surge seen across the aggregated crypto market and was able to decisively break past $190. This upwards momentum has allowed ETH to erase much of its recent losses, but a downturn amongst other major cryptocurrencies could spell trouble for its near-term price action.
Monday morning usually begins with tales of woe for ethereum and its altcoin brethren but things are looking a little brighter today. ETH has had a solid weekend with momentum building while its big brother has remained consolidating.
ETH price is slowly moving down and recently broke the $180 support area against the US Dollar. The price could soon test the $172 or $170 level before it starts a fresh increase. Yesterday’s highlighted key bearish trend line is still active with resistance near $179 on the hourly chart of ETH/USD (data feed via.
Ethereum had recorded over 200% Gain against USD in the first half of the year, Rallied from 113$ to 363$. After reaching High at 363$, ETHUSD Price started shrinking and currently trading around 180$.
Ethereum had recorded over 200% Gain against USD in the first half of the year, Rallied from 113$ to 363$. After reaching High at 363$, ETHUSD Price started shrinking and currently trading around 180$.
ETH price is showing positive signs above the $180 pivot level against the US Dollar. The price is likely to continue higher above the $184 and $185 resistance levels in the near term. There is a key bullish trend line forming with support at $178 on the hourly chart of ETH/USD (data feed via Kraken).
ETH price climbed higher recently and settled above the $175 resistance area against the US Dollar. The price is currently consolidating gains and it might continue to rise towards $185 or $190. There is a key breakout pattern forming with support near $180 on the hourly chart of ETH/USD (data feed via Kraken).
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