Ethereum failed to continue above the $138 and $140 resistance levels against the US Dollar. As a result, ETH price declined below $130 and it is now trading in a bearish zone.
Ethereum is down more than 8% and it broke the $128 support against the US Dollar.
There was a key breakdown noted after the price was rejected near the $140 area.
There is a connecting bearish trend line forming with resistance near $129 on the hourly chart of ETH/USD (data feed via Kraken).
Bitcoin price is also down more than 5% and it is now trading well below the $6,000 level.
Ethereum Price Starts Fresh Decline
This past week, we saw a nice recovery in Ethereum above the $140 and $145 resistance levels against the US Dollar. ETH price even broke the $150 level, but it failed to continue higher.
A high was formed near $154 and the price started a fresh decline. There was a close below the $140 and $138 support levels, which later acted as a key hurdle for the bulls.
The price is now trading below the $130 support and the 100 hourly simple moving average. During the decline, there was a break below a major bullish trend line with support near $132 on the hourly chart of ETH/USD.
Ethereum Price
Ethereum tested the $120 support area and it is currently consolidating losses near the 23.6% Fib retracement level of the recent decline from the $137 swing high to $120 low.
On the downside, an initial support is near the $120 level. If the bears succeed in clearing the $120 support, the price could continue to move down. An immediate support is near the $112 level, below which the price is likely to decline towards the $105 support.
Upsides Capped
On the upside, Ethereum is facing many hurdles, starting with $130. There is also a connecting bearish trend line forming with resistance near $129 on the same chart.
Besides, the 100 hourly simple moving average is also positioned near the $130 level to act as a barrier for the bulls. A successful break above the $130 barrier could lead the price towards the $135 and $138 resistance levels in the near term. The main hurdle is now near $140, above which the price is likely to turn positive.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is slowly reducing its last bearish slope.
Hourly RSI – The RSI for ETH/USD is currently correcting higher towards the 45 level.
Major Support Level – $120
Major Resistance Level – $130 origin »
Ethereum started a strong recovery from the $208 swing low against the US Dollar. However, ETH price is likely to fail near $240 and it could resume its decline. Ethereum is up more than 8% and it climbed above the $230 level against the US Dollar. The price is still facing a lot of key...
With the lead of Microsoft, major multi-billion dollar conglomerates in the likes of Ernst & Young are actively utilizing Ethereum to test blockchain-based applications. It shows that ETH is being perceived as the top smart contract protocol by institutions worldwide.
Ethereum is trading in a bullish zone above the $140. 50 pivot level vs the US Dollar. ETH to USD could correct in the short term before a fresh increase above $145. 20. Key Takeaways: ETH/USD Ethereum price traded to a new yearly high at $145.
Ethereum is up around 5% and trading above key hurdles near $140 versus the US Dollar. Bitcoin and ripple surged 5% and 12% respectively, opening the doors for another increase in ETH. Ether price is now trading above the key $140 and $142 resistance levels against the US Dollar.
Ripple is grinding higher above $0. 1950 against the US Dollar, whereas bitcoin and Ethereum surpassed key hurdles. Therefore, XRP price is likely to climb above $0. 2000 and $0. 2100. Ripple price is showing positive signs above the $0.
Ethereum gaining bullish momentum above key hurdles versus the US Dollar, similar to bitcoin. ETH price is likely to accelerate higher towards $145 and $150 in the near term. Ether price is rising steadily and trading above the $135 resistance against the US Dollar.
ETH price is gaining bullish momentum above the $132 resistance against the US Dollar. The price is trading above $135 and it recently traded to a new 2020 high. There was a break above a key declining channel or bullish flag with resistance near $130 on the 4-hours chart of ETH/USD (data feed via Kraken).... The post appeared first on NewsBTC.
Ethereum is down more than 2% and it is now well below $130 against the US Dollar. Bitcoin price weakened around 3% and it broke the key $7,000 support. Yesterday’s key bearish trend line is active with resistance near $131 on the hourly chart of ETH/USD (data feed via Kraken).
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 is currently trading in a range below the $130 and $132 resistances against the US Dollar. The price is likely to bounce back as long as it is trading above the $120 support. There is a major bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via... The post appeared first on NewsBTC.
Ethereum is down around 4% from the $138 high and tested the $130 support against the US Dollar. The price is currently consolidating above the $130 support, with a few bearish signs. There is a connecting bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is up more than 5% and it broke the $130 and $132 resistance levels against the US Dollar. The price is currently consolidating near the $135 level, with a positive bias. There is a key bullish trend line forming with support near $131 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is still trading above the $122 and $125 support levels against the US Dollar. The price could start a decent increase above the $128 and $130 resistance levels. This week’s major bearish trend line was breached with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).
Ripple price is now trading well below the $0. 2000 and $0. 1950 supports against the US dollar. XRP is facing hurdles, while bitcoin and Ethereum are declining steadily. There is a connecting bearish trend line forming with resistance near $0.
Ethereum is slowly moving down and it recently broke the $125 support against the US Dollar. The price is now facing a couple of key hurdles near the $126 and $128 levels. Yesterday’s key bearish trend line is active with resistance near $127 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is struggling to stay above the key $125 support area against the US Dollar. A successful close below $125 could spark another bearish wave in the near term. There is a connecting bearish trend line forming with resistance near $130 on the hourly chart of ETH/USD (data feed via Kraken).
Ripple price is still struggling to gain momentum and declining below $0. 1920 against the US dollar. Yesterday, XRP failed to rise substantially, while bitcoin and Ethereum climbed more than 5%.
Ethereum is down more than 5% and it broke the $130 support area against the US Dollar. The price is currently testing the $125 and $126 support levels, with a positive bias. Earlier, there was a break below a contracting triangle with support near $132 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is climbing higher and trading nicely above the $130 level against the US Dollar. The price is likely to continue higher once it surges above the $150 resistance. There is a rising channel forming with support near $133 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is correcting lower from $135 and it is trading above $125 against the US Dollar. The price is likely to remain in a positive zone as long as it is above $120. There is a breakout pattern forming with resistance near $128 on the hourly chart of ETH/USD (data feed via Kraken).
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).
Ripple price is currently correcting higher from the $0. 1741 low against the US dollar. It seems like the bulls are struggling to clear the $0. 2000 resistance area. Yesterday’s highlighted major bearish trend line is active with resistance near $0.
Ethereum is up more than 8% from the recent low of $115 against the US Dollar. The price is showing signs of a trend reversal, but it must surpass $135. Earlier, there was a break above a connecting bearish trend line with resistance near $122 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is diving and it is already down more than 10% today vs the US Dollar. ETH to USD is trading below $120. 00 and it could continue to slide in the near term. Key Takeaways: ETH/USD Ethereum price is tumbling and it broke many supports near $125.
Ethereum is down 5% again today and it broke the $130 support area against the US Dollar. The price is now trading near key support levels such as $120 and $122. There is a short term bearish trend line forming with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is down more than 6% and it broke the key $140 support area against the US Dollar. The price tested the final bearish target near the $132 and $130 levels. There is a short term contracting triangle forming with resistance near $133 on the hourly chart of ETH/USD (data feed via Kraken).
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).
ETH price is trading in a bearish zone below the $142 and $146 resistance levels against the US Dollar. The price is declining and it seems like it could continue to drop below $140. There is a major bearish trend line forming with resistance near $142 on the 4-hours chart of ETH/USD (data feed via.
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).
Ethereum is under pressure and it recently failed to surpass the $152. 10 resistance area vs the US Dollar. ETH to USD is currently declining and it is showing a lot of bearish signs below $150. 00.
Ethereum is struggling to clear the key $152 resistance area against the US Dollar. The price is declining and it is now trading near the $146 support area. Yesterday’s major bullish trend line was breached with support near $148 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is approaching the main $152 and $155 resistance levels against the US Dollar. The price is likely to rally significantly once there is a clear break above $152. There is a key bullish trend line forming with support near $148 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).
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Ethereum is slowly rising and it is trading above the $146 support area against the US Dollar. The price is facing a few strong resistances near $148, $150 and $152. There is a key contracting triangle forming with resistance near $148 on the hourly chart of ETH/USD (data feed via Kraken).
OKCoin, a popular bitcoin and cryptocurrency exchange company, today announced an expansion into Singapore Dollar (SGD) spot trading markets. New customers residing in Singapore and Brunei will be able to now access SGD-based spot trading services for bitcoin (BTC) and ethereum (ETH).
Работающая на рынке криптовалютного кредитования компания BlockFi объявила о запуске собственной платформы для торговли цифровыми активами. Новая площадка ориентирована на розничных и институциональных инвесторов и на начальном этапе предлагает торги BTC, ETH и стейблкоином Gemini Dollar (GUSD).
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).
Ethereum is currently rallying from the $143. 14 swing low vs the US Dollar. However, ETH to USD is still facing a lot of hurdles on the upside near $152. 10 and $154. 40. Key Takeaways: ETH/USD Ethereum price is currently recovering above the $147.
Ethereum is declining and it recently traded below the $148 support against the US Dollar. The price is currently below $145 and it seems like there is a risk of more downsides. Yesterday’s key bearish trend line is active with resistance near $147 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is trading above the key $145 and $146 support levels against the US Dollar. The price is likely to surpass the $150 and $152 resistance levels in the near term. There is a new connecting bearish trend line forming with resistance near $150 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is holding the key $145 support area and recovering against the US Dollar. The price is currently facing a strong resistance near the $152 area. Earlier, there was a break above a major bearish trend line with resistance near $150 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).
Ethereum is still facing resistance near the $155 and $156 levels levels against the US Dollar. The price is likely to make a sustained move higher once it breaks the $156 resistance. There is a key declining channel forming or a bullish flag with resistance near $154 on the hourly chart of ETH/USD (data feed.
Ethereum is showing positive signs above the $150 and $152 resistance levels against the US Dollar. The price is currently trading near the $155 resistance and it could rise further. There is a short term bullish flag forming with resistance near $155 on the hourly chart of ETH/USD (data feed via Kraken).
Ethereum is facing a strong resistance near the $152 and $155 levels against the US Dollar. The price seems to be consolidating above the $142 support area. There is a new key bearish trend line forming with resistance near $150 on the hourly chart of ETH/USD (data feed via Kraken).
KuCoin Adds Support for AUD and GBP with BanxaToday, November 26, 2019, KuCoin, an IDG-backed crypto exchange, and fiat on-ramp service, Banxa, announced a strategic partnership to launch instant fiat to crypto conversions for all KuCoin users.
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