Ethereum gains a strong bullish momentum above the $200 resistance against the US Dollar, similar to bitcoin. ETH price is likely to continue higher towards $250 in the near term.
ETH price climbed higher significantly and settled above $200-$210 high against the US Dollar.
The price even broke the $225 resistance and traded to a new 2020 high near $230.
There is a key contracting triangle forming with support near $225 on the 4-hours chart of ETH/USD (data feed via Kraken).
The pair could correct a few points, but the bull are likely to remain in control above $200-$210.
Ethereum Price Could Rally To $250
This past week, Ethereum started a strong increase above the $200 level and outpaced bitcoin against the US Dollar. ETH price surged above the $210 level and settled above the 100 simple moving average (4-hours).
It opened the doors for more gains and the price recently surpassed the $225 level. It traded to a new 2020 high at $230 and currently consolidating gains. An initial support on the downside is near the $225 level.
Besides, the 23.6% Fib retracement level of the recent rally from the $214 low to $230 high is also near $225. More importantly, there is a key contracting triangle forming with support near $225 on the 4-hours chart of ETH/USD.
Ethereum Price
On the upside, the $230 level is an initial hurdle for Ethereum bulls. A clear break above the $230 level could set the momentum for a larger rally towards the $250 resistance area.
An intermediate hurdle for the bulls is near the $240 level. Any further gains could lead the price towards the $262 and $265 resistance levels in the near term.
Downsides Could Be Limited
On the downside, the first support is seen visible near the $225 level. If Ethereum fails to stay above the contracting triangle support, it could extend its correction towards the $220 level.
An intermediate support is near the $221 level. It represents the 50% Fib retracement level of the recent rally from the $214 low to $230 high.
Any further losses may perhaps lead the price towards the $200 support area and the 100 simple moving average (4-hours). The overall price action is very bullish and suggesting more gains above the $230 and $240 levels in the coming sessions.
Technical Indicators
4 hours MACD – The MACD for ETH/USD is now gaining pace in the bullish zone.
4 hours RSI – The RSI for ETH/USD is currently well above the 70 level.
Major Support Level – $220
Major Resistance Level – $230 The post appeared first on NewsBTC. origin »
Ethereum price gained more than 10% and broke the key $200 resistance against the US Dollar. ETH even surpassed $220 today and it is likely to continue higher. Ethereum is trading in a strong uptrend above the $200 and $208 levels against the US Dollar.
Ethereum price rallied recently and surpassed the $200 barrier against the US Dollar. ETH is now trading nicely above $200, with many signs of more upsides. Ethereum climbed higher and settled above the main $200 barrier against the US Dollar.
Bitcoin rallied more than 5% and broke key hurdles near $8,250 and $8,500 against the US Dollar. BTC price might continue to rise towards $8,780 and $8,800 in the near term. Bitcoin price is gaining bullish momentum above the $8,400 resistance against the US Dollar.
Bitcoin price is extending its decline below the $8,250 resistance area against the US Dollar. The price is likely to decline below the $8,000 and $7,800 support levels in the near term. There is a major bearish trend line forming with resistance near $8,150 on the hourly chart of the BTC/USD pair (data feed from.
Ethereum is currently correcting higher from the $172 support against the US Dollar. Bitcoin price is also correcting higher, but it is likely to face resistance near $8,250. There was a break above a declining channel with resistance near $175 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is currently correcting higher and it broke the key $8,200 resistance against the US Dollar. The price is now consolidating gains below the $8,300 and $8,350 resistance levels. There is a short term breakout or bullish continuation pattern forming with resistance near $8,250 on the hourly chart of the BTC/USD pair (data feed.
Ethereum price is currently consolidating losses above the key $175 support area against the US Dollar. Bitcoin price is struggling to hold the key $8,250 and $8,200 support levels. There is a key bearish trend line forming with resistance near $184 on the hourly chart of ETH/USD (data feed via Kraken).
ETH price rallied further and broke the $200 and $210 resistance levels against the US Dollar. Bitcoin price is consolidating near the $10,200 and $10,250 pivot levels. There is a new connecting bullish trend line forming with support near $206 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price failed to hold the key $10,300 and $10,250 support levels against the US Dollar. The price is currently trading with a bearish bias and recently tested the $10,000 support area. There is a key bearish trend line forming with resistance near $10,340 on the hourly chart of the BTC/USD pair (data feed from.
ETH price extended its gains above the $195 resistance level against the US Dollar. Bitcoin price is down more than 1. 5% and it recently broke the $10,250 support area. Yesterday’s highlighted major bullish trend line is active with support near $193 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is currently consolidating above the $10,300 level against the US Dollar. The price seems to be struggling to break the $10,400 and $10,500 resistance levels. There is a breakout pattern forming with resistance near $10,400 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price remained well supported above the main $10,000 level against the US Dollar. The price is trading nicely above the $10,250 resistance, but it might struggle near $10,500. Yesterday’s highlighted key declining channel was breached with resistance near $10,140 on the hourly chart of the BTC/USD pair (data feed from Kraken).
ETH price stayed above the key $175 support and recovered recently against the US Dollar. Bitcoin price is trading nicely and it recently broke the key $10,250 resistance area. This week’s followed major bearish trend line was breached with resistance near $178 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is moving lower and is trading well below the $10,250 resistance against the US Dollar. The price is likely to extend its decline below the $10,000 support level in the coming sessions.
Bitcoin price is slowly declining and recently broke the $10,000 support area against the US Dollar. The price is facing an uphill task and it might continue to struggle near $10,250 and $10,300.
ETH price is struggling to continue to move higher above the $185 resistance against the US Dollar. The price is likely to decline if bitcoin continues to struggle below the $10,250 level. There is a connecting bearish trend line forming with resistance near $182 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is currently correcting higher above the $10,000 resistance against the US Dollar. The price is facing many key resistances near the $10,250, $10,300 and $10,400 levels. There is also a connecting bearish trend line forming with resistance near $10,450 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Ripple price started an upside correction after trading as low as $0. 2580 against the US dollar. Bitcoin price is back above $10,000, but it is facing many important resistances near $10,250. Yesterday’s followed key declining channel with resistance near $0.
Bitcoin price rebounded recently and climbed above the $10,200 resistance against the US Dollar. The price is currently trading nicely above $10,300, but facing hurdles near $10,500 and $10,600. There is a connecting bullish trend line forming with support near $10,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).
ETH price remained well bid above the $208 support and recently climbed higher against the US Dollar. The price settled above the $220 pivot level and is currently consolidating in a range. There is a breakout pattern forming with resistance near $227 on the hourly chart of ETH/USD (data feed via Kraken).
There was a solid upside correction initiated from the $9,100 swing low against the US Dollar. The price gained traction after it broke the key $10,000 resistance area and traded towards $11,250.
Since June 26, within the past three weeks, the bitcoin price has declined from $13,868 to around $11,200 by 20 percent against the U. S. dollar. After recording a 250 percent increase in value year-to-date at its yearly peak, a pullback for bitcoin was generally anticipated by traders.
Wanna feel old? It’s been seven years since Doom-creator John Carmack first unveiled his ski-goggles contraption that would eventually become the Oculus Rift. A lot has happened in the years that have since passed, including Oculus’ 2 billion dollar acquisition by Facebook.
There was a fresh increase in bitcoin and it broke the $11,250 resistance against the US Dollar. The price traded to a new 2019 high and it is likely to accelerate above the $11,500 resistance. There was a break above an ascending channel with resistance near $11,250 on the hourly chart of the BTC/USD pair.
ETH price started a downside correction after trading towards the $265 level against the US Dollar. The price declined below the $255 level, but the $250 support area is acting as a support. There is a key bullish trend line forming with support near $253 on the hourly chart of ETH/USD (data feed via Kraken).
Record Bitcoin futures volume in May is leading mainstream media to determine that Bitcoin is becoming a mature financial asset class. CME’s Half-Billion Dollar Bitcoin Market As Blockchain investor Oliver Isaacs noted June 13, CME Group’s Bitcoin futures set new records for both volume and open interest last month.
ETH price started a strong upward move after it broke the key $250 resistance against the US Dollar. The price even broke the $255 and $260 resistance levels to move into a positive zone. There is a major bullish trend line forming with support near $252 on the hourly chart of ETH/USD (data feed via.
ETH price started a steady rebound above the $240 and $245 resistance levels against the US Dollar. The price traded close to the $250 resistance area and it is currently consolidating in a range.
ETH price failed to gain momentum above $250 and $252 against the US Dollar. The price is currently well below $250 and it remains at a risk of more losses. There is a major bearish trend line forming with resistance at $248 on the 4-hours chart of ETH/USD (data feed via Kraken).
Bitcoin price failed to climb above $8,800 and declined sharply below $8,400 against the US Dollar. The price failed to hold the key $8,250 support and it even spiked below the $8,000 support. There is a major bearish trend line forming with resistance near $8,440 on the hourly chart of the BTC/USD pair (data feed.
ETH price recovered recently, but it struggled to clear the $275 resistance against the US Dollar. The price is currently under pressure and it could decline below the $260 support area. There was a break below a major bullish trend line with support at $270 on the hourly chart of ETH/USD (data feed via Kraken).
ETH price traded to a new 2019 high close to $290 and declined heavily against the US Dollar. The price reversed most its gains and traded below the $260 and $250 support levels. There was a break below a major bullish trend line with support at $266 on the hourly chart of ETH/USD (data feed.
ETH price decline recently and retested the key $231 support area declined against the US Dollar. The price started a decent rebound and recovered above the $240 and $242 levels. There is a major bearish trend line forming with resistance near $248 on the hourly chart of ETH/USD (data feed via Kraken).
ETH price is slowly moving higher and it is currently holding the $250 support against the US Dollar. The price is likely to gain pace above the $265 and $270 resistance levels in the near term. Yesterday’s highlighted ascending channel is intact with support near $252 on the hourly chart of ETH/USD (data feed via.
ETH price rebounded nicely and traded above the $240 and $250 resistances against the US Dollar. The price tested the $265 level and it is currently correcting lower towards the $240 support. There is a key bullish trend line forming with support near $240 on the hourly chart of ETH/USD (data feed via Kraken).
ETH price surged higher and broke the key $240 and $250 resistance levels against the US Dollar. The price is up more than 20% and it recently tested the $270 resistance level. There is a new key bullish trend line forming with support near $244 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price traded above the $5,300 resistance and tested $5,360 against the US Dollar. The price is currently trading with a bullish bias above the $5,280 and $5,250 supports. There are two bullish trend lines formed with support near $5,320 and $5,280 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price climbed further above $5,300 before topping near the $5,330 level against the US Dollar. The price corrected lower below $5,300 and $5,255 support levels. There was a break below yesterday’s discussed ascending channel with support at $5,250 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Bitcoin price settled above the $5,160 resistance and climbed above $5,250 against the US Dollar. The price traded towards the $5,300 resistance and it is currently consolidating gains. There is a key ascending channel in place with support at $5,230 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Reports indicate that Galaxy Digital is looking to raise $250 million to fund loans to cryptocurrency companies. Cryptocurrency Bank Set for Fundraising Round According to Business Insider, the cryptocurrency bank wants to offer cryptocurrency-collateralized US dollar loans to companies operating in the industry.
Bitcoin price is placed nicely above the $3,965 and $3,980 support levels against the US Dollar. There is a short term triangle forming with resistance at $4,045 on the hourly chart of the BTC/USD pair (data feed from Kraken).
BSV/USD Long-term Trend – Bullish Distribution territories: $150, $200, $250 Accumulation territories: $60, $50, $40 Bitcoin SV has also been ranked among the cryptos that have been on an increase against the US dollar market valuation since the trading commencement this week.
Key Points Bitcoin cash price declined heavily and traded below the $300 and $280 levels against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $315 on the hourly chart of the BCH/USD pair (data feed from Kraken).
Key Points Bitcoin price declined further and traded below the $6,275 support level against the US Dollar. There are two bearish trend lines formed with resistance at $6,300 and $6,340 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Key Points Bitcoin price extended losses and traded to a new weekly low at $6,261 against the US Dollar. There is a major bearish trend line in place with resistance at $6,350 on the hourly chart of the BTC/USD pair (data feed from Kraken).
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
Global professional services firm PwC has partnered with decentralized lending platform Cred to boost trust in the cryptocurrency space and bring in more traders by advancing stablecoin technology.
Key Highlights ETH price is placed nicely above the $240 support area with positive signs against the US Dollar. There is a new contracting triangle forming with support near $240 on the hourly chart of ETH/USD (data feed via Kraken).
Economic uncertainties continue to weigh on the crypto market, with fear being the prevalent emotion among enthusiasts. Even so, optimism over a trend reversal has the likes of Solana finding their footing.
Ethereum price made a strong bearish breakdown during the weekend, reaching a low of $1,835, its lowest level since March 13. It has plunged by over 55% from its highest level in 2024. Why Ethereum price has crashed Ethereum has crashed because of its ecosystem challenges and the ongoing macro factors. Internally, Ethereum has plunged […]
Aave, the largest lending and borrowing protocol on Ethereum, is transforming itself dramatically. Over the past couple of years, the dynamics of the platform’s supply and borrow usages have shifted evenly—rather, shiftily—toward everyday users.
The crypto market continued doing well on Thursday as demand from retail investors rose. Many of these investors are simply buying the dip after these coins crashed by double digits from their highest levels in November last year.
Celo has finalized migration from a standalone L1 platform to an Ethereum L2 blockchain. The transition represents a key landmark in Celo’s evolution, improving interoperability, security, and the entire ecosystem while ensuring sustainability and accessibility.
The cryptocurrency market managed to extend its gains on Wednesday, with Bitcoin (BTC) holding above $87,000. Solana (SOL) and XRP also showed some recovery. Reports that the White House is considering a more moderate stance on tariffs have eased concerns over potential economic disruptions, providing support to the market’s upward momentum. The global cryptocurrency market […]
Terra Luna Classic price has bounced back slightly after crashing to a key support level this month. After hitting the key support at $0. 00005650 on March 11, the token has risen to $0. 000065 as the burn rate has remained high.
