Ethereum price started a recovery wave above the $1,620 zone. ETH is now consolidating and struggling to continue higher above the $1,700 resistance. Ethereum started a recovery wave above the $1,620 zone. The price is trading below $1,680 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $1,685 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $1,700 zone. Ethereum Price Fails To Extend Recovery Ethereum price started a recovery wave above the $1,520 zone, like Bitcoin. ETH price was able to surpass and settle above the $1,620 resistance. The price surpassed the 23.6% Fib retracement level of the downward move from the $2,005 swing high to the $1,505 swing low. However, the bears remained active near the $1,700 resistance. As a result, there was a fresh bearish reaction. Besides, there was a break below a bullish trend line with support at $1,685 on the hourly chart of ETH/USD. Ethereum price is now trading below $1,680 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,650, the price could attempt another increase. Immediate resistance is seen near the $1,680 level. The first key resistance is near the $1,700 level. The next major resistance is near the $1,750 level or the 50% Fib retracement level of the downward move from the $2,005 swing high to the $1,505 swing low. A clear move above the $1,750 resistance might send the price toward the $1,800 resistance. An upside break above the $1,800 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $1,840 resistance zone or even $1,880 in the near term. Downside Continuation In ETH? If Ethereum fails to clear the $1,700 resistance, it could start a fresh decline. Initial support on the downside is near the $1,650 level. The first major support sits near the $1,620 zone. A clear move below the $1,620 support might push the price toward the $1,580 support. Any more losses might send the price toward the $1,550 region. The main support could be $1,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,650 Major Resistance Level – $1,700
Ethereum price started a recovery wave above the $1,600 zone. ETH is now consolidating and might rally if there is a clear move above the $1,750 resistance. Ethereum started a recovery wave above the $1,600 zone. The price is trading above $1,620 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $1,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $1,750 zone. Ethereum Price Aims for Upside Break Ethereum price remained bid above the $1,500 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $1,600 resistance. There was a break above a key bearish trend line with resistance at $1,600 on the hourly chart of ETH/USD. The price surpassed the 23.6% Fib retracement level of the downward move from the $2,005 swing high to the $1,505 swing low. Ethereum price is now trading above $1,620 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,600, the price could attempt another increase. Immediate resistance is seen near the $1,700 level. The first key resistance is near the $1,750 level or the 50% Fib retracement level of the downward move from the $2,005 swing high to the $1,505 swing low. The next major resistance is near the $1,800 level. A clear move above the $1,800 resistance might send the price toward the $1,885 resistance. An upside break above the $1,885 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $1,920 resistance zone or even $2,000 in the near term. Another Drop In ETH? If Ethereum fails to clear the $1,750 resistance, it could start a fresh decline. Initial support on the downside is near the $1,650 level. The first major support sits near the $1,620 zone. A clear move below the $1,620 support might push the price toward the $1,600 support. Any more losses might send the price toward the $1,550 region. The main support could be $1,500. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $1,620 Major Resistance Level – $1,750
Ethereum price started a fresh decline and traded below $1,750. ETH is now consolidating below $1,750 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,800. The price is trading below $1,780 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,750 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,820 zone. Ethereum Price Remains In Downtrend Ethereum price failed to remain stable above $1,840 and started a fresh decline, like Bitcoin. ETH price dipped below the $1,800 and $1,780 levels. The price even traded below $1,750. A low was formed at $1,715, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1,888 swing high to the $1,715 low. There is also a bearish trend line forming with resistance at $1,750 on the hourly chart of ETH/USD. Ethereum price is now trading below $1,750 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,700, the price could attempt another increase. Immediate resistance is seen near the $1,750 level. The first key resistance is near the $1,800 level and the 50% Fib retracement level of the downward move from the $1,888 swing high to the $1,715 low. The next major resistance is near the $1,820 level. A clear move above the $1,820 resistance might send the price toward the $1,880 resistance. An upside break above the $1,880 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $1,920 resistance zone or even $1,965 in the near term. Downside Continuation In ETH? If Ethereum fails to clear the $1,880 resistance, it could start a fresh decline. Initial support on the downside is near the $1,715 level. The first major support sits near the $1,680 zone. A clear move below the $1,680 support might push the price toward the $1,650 support. Any more losses might send the price toward the $1,625 region. The main support could be $1,600. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,715 Major Resistance Level – $1,880
Ethereum price started a fresh decline and traded below $1,800. ETH is now consolidating below $1,800 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,840. The price is trading below $1,800 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $1,800 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $1,880 zone. Ethereum Price Dives Over 5% Ethereum price failed to remain stable above $1,880 and started a fresh decline, like Bitcoin. ETH price dipped below the $1,840 and $1,820 levels. The price even traded below $1,800. A low was formed at $1,716, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $1,889 swing high to the $1,716 low. There is also a bearish trend line forming with resistance at $1,800 on the hourly chart of ETH/USD. Ethereum price is now trading below $1,800 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,720, the price could attempt another increase. Immediate resistance is seen near the $1,780 level. The first key resistance is near the $1,800 level and the 50% Fib retracement level of the downward move from the $1,889 swing high to the $1,716 low. The next major resistance is near the $1,820 level. A clear move above the $1,820 resistance might send the price toward the $1,850 resistance. An upside break above the $1,850 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $1,880 resistance zone or even $1,920 in the near term. More Losses In ETH? If Ethereum fails to clear the $1,850 resistance, it could start a fresh decline. Initial support on the downside is near the $1,720 level. The first major support sits near the $1,700 zone. A clear move below the $1,700 support might push the price toward the $1,665 support. Any more losses might send the price toward the $1,640 region. The main support could be $1,620. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,720 Major Resistance Level – $1,850
Ethereum price started a fresh decline and traded below $1,950. ETH is now consolidating below $1,920 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $1,950. The price is trading below $1,950 and the 100-hourly Simple Moving Average. There was a break below a contracting triangle with support at $1,975 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,000 zone. Ethereum Price Extends Decline Ethereum price failed to remain stable above $2,000 and started a fresh decline, like Bitcoin. ETH price dipped below the $1,980 and $1,950 levels. There was a break below a contracting triangle with support at $1,975 on the hourly chart of ETH/USD. The price even traded below $1,920. A low was formed at $1,836, and the price is now consolidating losses well below the 23.6% Fib retracement level of the downward move from the $2,003 swing high to the $1,836 low. Ethereum price is now trading below $1,950 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,840, the price could attempt another increase. Immediate resistance is seen near the $1,880 level. The first key resistance is near the $1,900 level. The next major resistance is near the $1,920 level and the 50% Fib retracement level of the downward move from the $2,003 swing high to the $1,836 low. A clear move above the $1,920 resistance might send the price toward the $1,950 resistance. An upside break above the $1,950 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,000 resistance zone or even $2,020 in the near term. More Downside In ETH? If Ethereum fails to clear the $1,950 resistance, it could start a fresh decline. Initial support on the downside is near the $1,840 level. The first major support sits near the $1,820 zone. A clear move below the $1,820 support might push the price toward the $1,780 support. Any more losses might send the price toward the $1,740 region. The main support could be $1,720. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,840 Major Resistance Level – $1,950
Ethereum price started a fresh decline and traded below $1,980. ETH is now consolidating below $2,000 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $2,000. The price is trading below $2,000 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,010 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,020 zone. Ethereum Price Extends Decline Ethereum price failed to remain stable above $2,020 and started a fresh decline, like Bitcoin. ETH price dipped below the $2,010 and $2,000 levels. The price even traded below $1,980. A low was formed at $1,955, and the price recently attempted a minor recovery wave. There was a move above the 50% Fib retracement level of the downward move from the $2,035 swing high to the $1,955 low. However, the bears remained active near $2,000. There is also a bearish trend line forming with resistance at $2,010 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,000 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,955, the price could attempt another increase. Immediate resistance is seen near the $2,000 level and the 61.8% Fib retracement level of the downward move from the $2,035 swing high to the $1,955 low. The first key resistance is near the $2,020 level. The next major resistance is near the $2,050 level. A clear move above the $2,050 resistance might send the price toward the $2,080 resistance. An upside break above the $2,080 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,120 resistance zone or even $2,150 in the near term. More Downside In ETH? If Ethereum fails to clear the $2,000 resistance, it could start a fresh decline. Initial support on the downside is near the $1,955 level. The first major support sits near the $1,920 zone. A clear move below the $1,920 support might push the price toward the $1,880 support. Any more losses might send the price toward the $1,850 region. The main support could be $1,780. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,955 Major Resistance Level – $2,020
Ethereum price started a fresh decline and traded below $2,000. ETH is now consolidating near $2,000 and might continue to move down. Ethereum remained in a bearish zone after a fresh decline below $2,010. The price is trading below $2,010 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,015 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,050 zone. Ethereum Price Remains At Risk of More Downside Ethereum price failed to remain stable above $2,040 and started a fresh decline, like Bitcoin. ETH price dipped below the $2,020 and $2,010 levels. The price even traded below $1,985. A low was formed at $1,965, and the price recently attempted a minor recovery wave. There was a move above the 23.6% Fib retracement level of the downward move from the $2,140 swing high to the $1,965 low. However, the bears remained active near $2,040. The price dipped again below $2,020. There was a break below a bullish trend line with support at $2,015 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,010 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,980, the price could attempt another increase. Immediate resistance is seen near the $2,020 level. The first key resistance is near the $2,030 level. The next major resistance is near the $2,050 level or the 50% Fib retracement level of the downward move from the $2,140 swing high to the $1,965 low. A clear move above the $2,050 resistance might send the price toward the $2,085 resistance. An upside break above the $2,085 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,120 resistance zone or even $2,150 in the near term. More Downside In ETH? If Ethereum fails to clear the $2,050 resistance, it could start a fresh decline. Initial support on the downside is near the $1,980 level. The first major support sits near the $1,965 zone. A clear move below the $1,965 support might push the price toward the $1,920 support. Any more losses might send the price toward the $1,850 region. The main support could be $1,780. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,980 Major Resistance Level – $2,050
Ethereum price started a fresh decline and traded below $2,020. ETH is now consolidating near $2,000 and might struggle to recover. Ethereum remained in a bearish zone after a fresh decline below $2,020. The price is trading below $2,020 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,010 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,050 zone. Ethereum Price Extends Losses Ethereum price failed to remain stable above $2,050 and started a fresh decline, like Bitcoin. ETH price dipped below the $2,020 and $2,000 levels. The price even traded below $1,980. A low was formed at $1,964, and the price is now showing many bearish signs. There was a minor recovery wave above the 23.6% Fib retracement level of the downward move from the $2,139 swing high to the $1,964 low. Besides, there is a bearish trend line forming with resistance at $2,010 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,000 and the 100-hourly Simple Moving Average. If the bulls remain in action above $1,965, the price could attempt another increase. Immediate resistance is seen near the $2,010 level. The first key resistance is near the $2,020 level. The next major resistance is near the $2,050 level or the 50% Fib retracement level of the downward move from the $2,139 swing high to the $1,964 low. A clear move above the $2,050 resistance might send the price toward the $2,085 resistance. An upside break above the $2,085 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,120 resistance zone or even $2,150 in the near term. More Downside In ETH? If Ethereum fails to clear the $2,020 resistance, it could start a fresh decline. Initial support on the downside is near the $1,965 level. The first major support sits near the $1,950 zone. A clear move below the $1,950 support might push the price toward the $1,920 support. Any more losses might send the price toward the $1,850 region. The main support could be $1,780. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $1,965 Major Resistance Level – $2,050
Ethereum price started a fresh decline and traded below $2,050. ETH is now consolidating above $2,000 and might struggle to recover. Ethereum remained in a bearish zone after a fresh decline below $2,080. The price is trading below $2,050 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,040 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,090 zone. Ethereum Price Consolidates Losses Ethereum price failed to remain stable above $2,100 and started a fresh decline, like Bitcoin. ETH price dipped below the $2,080 and $2,065 levels. The price even traded below $2,050. A low was formed at $2,009, and the price is now showing many bearish signs and is well below the 23.6% Fib retracement level of the downward move from the $2,138 swing high to the $2,009 low. Besides, there is a bearish trend line forming with resistance at $2,040 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,030 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,000, the price could attempt another increase. Immediate resistance is seen near the $2,040 level. The first key resistance is near the $2,060 level. The next major resistance is near the $2,090 level or the 61.8% Fib retracement level of the downward move from the $2,138 swing high to the $2,009 low. A clear move above the $2,090 resistance might send the price toward the $2,120 resistance. An upside break above the $2,120 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,150 resistance zone or even $2,200 in the near term. More Downside In ETH? If Ethereum fails to clear the $2,090 resistance, it could start a fresh decline. Initial support on the downside is near the $2,000 level. The first major support sits near the $1,965 zone. A clear move below the $1,920 support might push the price toward the $1,880 support. Any more losses might send the price toward the $1,840 region. The main support could be $1,750. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,000 Major Resistance Level – $2,090
Ethereum price started a fresh decline and traded below $2,080. ETH is now consolidating above $2,050 and might struggle to recover. Ethereum remained in a bearish zone after a fresh decline. The price is trading below $2,100 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,095 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,100 zone. Ethereum Price Consolidates Losses Ethereum price failed to remain stable above $2,120 and started a downside correction, like Bitcoin. ETH price dipped below the $2,110 and $2,100 levels. The price even traded below $2,080. Besides, there was a break below a bullish trend line with support at $2,095 on the hourly chart of ETH/USD. A low was formed at $2,052, and the price is now attempting to recover. There was a recovery wave above the 23.6% Fib retracement level of the downward move from the $2,138 swing high to the $2,052 low. Ethereum price is now trading below $2,100 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,050, the price could attempt another increase. Immediate resistance is seen near the $2,085 level or the 38.2% Fib retracement level of the downward move from the $2,138 swing high to the $2,052 low. The first key resistance is near the $2,100 level. The next major resistance is near the $2,120 level. A clear move above the $2,120 resistance might send the price toward the $2,150 resistance. An upside break above the $2,150 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,220 resistance zone or even $2,250 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,100 resistance, it could start a fresh decline. Initial support on the downside is near the $2,065 level. The first major support sits near the $2,050 zone. A clear move below the $2,050 support might push the price toward the $2,020 support. Any more losses might send the price toward the $1,940 region. The main support could be $1,920. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,050 Major Resistance Level – $2,150
Ethereum price started a downside correction from $2,120. ETH must clear the $2,110 and $2,120 resistance levels to continue higher. Ethereum started a downside correction below the $2,110 zone. The price is trading below $2,095 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,105 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,120 zone. Ethereum Price Dips Below Support Ethereum price failed to stay above the $2,120 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $2,110 and $2,100 levels. The bears pushed the price below the 38.2% Fib retracement level of the upward move from the $2,000 swing low to the $2,148 high. Besides, there was a break below a bullish trend line with support at $2,105 on the hourly chart of ETH/USD. However, the bulls were active near the $2,080 level. Ethereum price is now trading below $2,100 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,075, the price could attempt another increase. Immediate resistance is seen near the $2,110 level. The first key resistance is near the $2,120 level. The next major resistance is near the $2,150 level. A clear move above the $2,150 resistance might send the price toward the $2,220 resistance. An upside break above the $2,220 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,250 resistance zone or even $2,320 in the near term. Downside Continuation In ETH? If Ethereum fails to clear the $2,120 resistance, it could start a fresh decline. Initial support on the downside is near the $2,075 level. The first major support sits near the $2,060 zone or the 61.8% Fib retracement level of the upward move from the $2,000 swing low to the $2,148 high. A clear move below the $2,060 support might push the price toward the $2,020 support. Any more losses might send the price toward the $2,000 region. The main support could be $1,940. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,060 Major Resistance Level – $2,150
Ethereum price started a downside correction from $2,150. ETH must clear the $2,120 and $2,150 resistance levels to continue higher. Ethereum started a downside correction below the $2,125 zone. The price is trading above $2,100 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,110 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,150 zone. Ethereum Price Holds Support Ethereum price failed to stay above the $2,145 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $2,120 and $2,110 levels. The bears pushed the price below the 38.2% Fib retracement level of the upward move from the $2,001 swing low to the $2,147 high. However, the bulls were active near the $2,065 level. Besides, there is a bearish trend line forming with resistance at $2,110 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,100 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,065, the price could attempt another increase. Immediate resistance is seen near the $2,110 level. The first key resistance is near the $2,140 level. The next major resistance is near the $2,150 level. A clear move above the $2,150 resistance might send the price toward the $2,220 resistance. An upside break above the $2,220 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,250 resistance zone or even $2,320 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,110 resistance, it could start a fresh decline. Initial support on the downside is near the $2,075 level. The first major support sits near the $2,055 zone or the 61.8% Fib retracement level of the upward move from the $2,001 swing low to the $2,147 high. A clear move below the $2,055 support might push the price toward the $2,020 support. Any more losses might send the price toward the $2,000 region. The main support could be $1,940. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,055 Major Resistance Level – $2,150
Ethereum price started a recovery wave above the $2,120 zone. ETH is now consolidating and might rally if there is a clear move above the $2,150 resistance. Ethereum started a recovery wave above the $2,125 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with resistance at $2,150 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Aims for Upside Break Ethereum price remained bid above the $2,080 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,100 resistance. The price surpassed the 50% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. However, the bears are active near $2,150. There is also a contracting triangle forming with resistance at $2,150 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,140 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,110, the price could attempt another increase. Immediate resistance is seen near the $2,140 level. The first key resistance is near the $2,150 level or the 61.8% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. The next major resistance is near the $2,176 level. A clear move above the $2,176 resistance might send the price toward the $2,220 resistance. An upside break above the $2,220 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,265 resistance zone or even $2,320 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,150 resistance, it could start a fresh decline. Initial support on the downside is near the $2,110 level. The first major support sits near the $2,065 zone. A clear move below the $2,065 support might push the price toward the $2,020 support. Any more losses might send the price toward the $2,000 region. The main support could be $1,940. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,020 Major Resistance Level – $2,150
Ethereum price started a recovery wave above the $2,110 zone. ETH is now consolidating and might struggle to continue higher above the $2,150 resistance. Ethereum started a recovery wave above the $2,120 zone. The price is trading below $2,140 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line with resistance at $2,110 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Eyes Recovery Ethereum price remained bid above the $2,065 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,080 resistance. The price surpassed the 50% Fib retracement level of the downward move from the $2,198 swing high to the $2,075 swing low. Besides, there was a break above a bearish trend line with resistance at $2,110 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,150 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,100, the price could attempt another increase. Immediate resistance is seen near the $2,140 level. The first key resistance is near the $2,150 level or the 61.8% Fib retracement level of the downward move from the $2,198 swing high to the $2,075 swing low. The next major resistance is near the $2,175 level. A clear move above the $2,175 resistance might send the price toward the $2,200 resistance. An upside break above the $2,200 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,250 resistance zone or even $2,265 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,150 resistance, it could start a fresh decline. Initial support on the downside is near the $2,120 level. The first major support sits near the $2,080 zone. A clear move below the $2,080 support might push the price toward the $2,020 support. Any more losses might send the price toward the $2,000 region. The main support could be $1,940. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,050 Major Resistance Level – $2,150
Ethereum price started a recovery wave above the $2,100 zone. ETH is now consolidating and might struggle to continue higher above the $2,150 resistance. Ethereum started a recovery wave from the $2,075 zone. The price is trading below $2,120 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,120 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,150 zone. Ethereum Price Faces Hurdles Ethereum price remained bid above the $2,050 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,065 resistance. The price surpassed the 38.2% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. The bulls even pushed the price toward $2,150 but the bears remained active. Besides, there is a bearish trend line forming with resistance at $2,120 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,120 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,075, the price could attempt another increase. Immediate resistance is seen near the $2,120 level. The first key resistance is near the $2,150 level or the 61.8% Fib retracement level of the downward move from the $2,197 swing high to the $2,075 swing low. The next major resistance is near the $2,200 level. A clear move above the $2,200 resistance might send the price toward the $2,220 resistance. An upside break above the $2,220 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,300 resistance zone or even $2,315 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,150 resistance, it could start a fresh decline. Initial support on the downside is near the $2,085 level. The first major support sits near the $2,075 zone. A clear move below the $2,075 support might push the price toward the $2,020 support. Any more losses might send the price toward the $2,000 region. The main support could be $1,940. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,050 Major Resistance Level – $2,150
Ethereum price started a fresh decline and traded below $2,120. ETH is now consolidating above $2,050 and might struggle to recover. Ethereum remained in a bearish zone after a sharp decline. The price is trading below $2,165 and the 100-hourly Simple Moving Average. There is a connecting trend line forming with support at $2,020 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,200 zone. Ethereum Price Consolidates Losses Ethereum price failed to remain stable above $2,200 and started a downside correction, like Bitcoin. ETH price dipped below the $2,165 and $2,150 levels. The price even traded below $2,020. A low was formed at $1,914 on Kraken, and the price is now attempting to recover most losses. There was a recovery wave above the 61.8% Fib retracement level of the downward move from the $2,198 swing high to the $1,914 low. Ethereum price is now trading below $2,165 and the 100-hourly Simple Moving Average. Besides, there is a connecting trend line forming with support at $2,020 on the hourly chart of ETH/USD. If the bulls remain in action above $2,020, the price could attempt another increase. Immediate resistance is seen near the $2,150 level or the 83.2% Fib retracement level of the downward move from the $2,198 swing high to the $1,914 low. The first key resistance is near the $2,175 level. The next major resistance is near the $2,200 level. A clear move above the $2,200 resistance might send the price toward the $2,250 resistance. An upside break above the $2,250 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,320 resistance zone or even $2,350 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,150 resistance, it could start a fresh decline. Initial support on the downside is near the $2,090 level. The first major support sits near the $2,050 zone. A clear move below the $2,050 support might push the price toward the $2,020 support. Any more losses might send the price toward the $1,940 region. The main support could be $1,920. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,020 Major Resistance Level – $2,190
Ethereum price started a fresh decline and traded below $2,050. ETH is now consolidating below $2,150 and might struggle to recover. Ethereum started a downside extension below the $2,150 zone. The price is trading below $2,150 and the 100-hourly Simple Moving Average. There is a connecting trend line forming with support at $2,050 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,150 zone. Ethereum Price Extends Losses Ethereum price failed to remain stable above $2,220 and started a downside correction, like Bitcoin. ETH price dipped below the $2,200 and $2,150 levels. The price even traded below $2,050. A low was formed at $1,914 on Kraken, and the price is now consolidating losses. There was a recovery wave above the 50% Fib retracement level of the downward move from the $2,197 swing high to the $1,914 low. Ethereum price is now trading below $2,150 and the 100-hourly Simple Moving Average. Besides, there is a connecting trend line forming with support at $2,050 on the hourly chart of ETH/USD. If the bulls remain in action above $2,050, the price could attempt another increase. Immediate resistance is seen near the $2,130 level. The first key resistance is near the $2,150 level or the 76.4% Fib retracement level of the downward move from the $2,197 swing high to the $1,914 low. The next major resistance is near the $2,200 level. A clear move above the $2,200 resistance might send the price toward the $2,250 resistance. An upside break above the $2,250 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,300 resistance zone or even $2,320 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,150 resistance, it could start a fresh decline. Initial support on the downside is near the $2,085 level. The first major support sits near the $2,050 zone. A clear move below the $2,050 support might push the price toward the $2,000 support. Any more losses might send the price toward the $1,920 region. The main support could be $1,880. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,050 Major Resistance Level – $2,150
Ethereum price started a recovery wave above the $2,280 zone. ETH is now consolidating and might struggle to continue higher above the $2,320 resistance. Ethereum started a recovery wave from the $2,235 zone. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,260 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,320 zone. Ethereum Price Faces Hurdles Ethereum price remained bid above the $2,220 support zone and attempted to recover, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,265 resistance. The price surpassed the 50% Fib retracement level of the downward move from the $2,382 swing high to the $2,233 low. The bulls even pushed the price toward $2,320. The bears remained active and pushed the price below $2,300. Ethereum price is now trading below $2,300 and the 100-hourly Simple Moving Average. Besides, there is a bullish trend line forming with support at $2,260 on the hourly chart of ETH/USD. If the bulls remain in action above $2,260, the price could attempt another increase. Immediate resistance is seen near the $2,300 level. The first key resistance is near the $2,320 level or the 61.8% Fib retracement level of the downward move from the $2,382 swing high to the $2,233 low. The next major resistance is near the $2,380 level. A clear move above the $2,380 resistance might send the price toward the $2,420 resistance. An upside break above the $2,420 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,320 resistance, it could start a fresh decline. Initial support on the downside is near the $2,260 level. The first major support sits near the $2,250 zone. A clear move below the $2,250 support might push the price toward the $2,220 support. Any more losses might send the price toward the $2,150 region. The main support could be $2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,250 Major Resistance Level – $2,320
Ethereum price started a fresh decline and traded below $2,265. ETH is now consolidating above $2,220 and might struggle to recover. Ethereum started a downside correction below the $2,265 zone. The price is trading below $2,280 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,285 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,300 zone. Ethereum Price Extends Losses Ethereum price failed to remain stable above $2,300 and started a fresh decline, like Bitcoin. ETH price dipped below the $2,280 and $2,265 levels. The price even traded below $2,250. A low was formed at $2,233, and the price is now consolidating losses. There was a minor upward move above the 23.6% Fib retracement level of the downward move from the $2,322 swing high to the $2,233 low. Ethereum price is now trading below $2,280 and the 100-hourly Simple Moving Average. Besides, there is a bearish trend line forming with resistance at $2,285 on the hourly chart of ETH/USD. If the bulls remain in action above $2,220, the price could attempt another increase. Immediate resistance is seen near the $2,265 level. The first key resistance is near the $2,285 level or the 61.8% Fib retracement level of the downward move from the $2,322 swing high to the $2,233 low and the trend line. The next major resistance is near the $2,320 level. A clear move above the $2,320 resistance might send the price toward the $2,350 resistance. An upside break above the $2,350 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,400 resistance zone or even $2,420 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,285 resistance, it could start a fresh decline. Initial support on the downside is near the $2,250 level. The first major support sits near the $2,220 zone. A clear move below the $2,220 support might push the price toward the $2,180 support. Any more losses might send the price toward the $2,120 region. The main support could be $2,080. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,220 Major Resistance Level – $2,285
Ethereum price started a fresh decline and traded below $2,300. ETH is now consolidating above $2,250 and might struggle to recover. Ethereum started a downside correction below the $2,280 zone. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,320 zone. Ethereum Price Faces Resistance Ethereum price failed to remain stable above $2,320 and started a downside correction, like Bitcoin. ETH price dipped below the $2,300 and $2,280 levels. The price even traded below $2,265. A low was formed at $2,256, and the price is now consolidating losses. There was a minor upward move above the 23.6% Fib retracement level of the downward move from the $2,382 swing high to the $2,256 low. Ethereum price is now trading below $2,300 and the 100-hourly Simple Moving Average. Besides, there is a bearish trend line forming with resistance at $2,300 on the hourly chart of ETH/USD. If the bulls remain in action above $2,250, the price could attempt another increase. Immediate resistance is seen near the $2,300 level and the trend line. The first key resistance is near the $2,320 level or the 50% Fib retracement level of the downward move from the $2,382 swing high to the $2,256 low. The next major resistance is near the $2,335 level. A clear move above the $2,335resistance might send the price toward the $2,375 resistance. An upside break above the $2,375 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,420 resistance zone or even $2,440 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,320 resistance, it could start a fresh decline. Initial support on the downside is near the $2,265 level. The first major support sits near the $2,250 zone. A clear move below the $2,250 support might push the price toward the $2,200 support. Any more losses might send the price toward the $2,150 region. The main support could be $2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,250 Major Resistance Level – $2,320
Ethereum price started a downside correction from $2,380. ETH is now showing a few bearish signs and might decline further if it trades below $2,300. Ethereum started a downside correction below the $2,360 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,350 zone. Ethereum Price Dips Again Ethereum price failed to stay above the $2,365 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $2,350 and $2,340 levels. There was a break below a bullish trend line with support at $2,340 on the hourly chart of ETH/USD. The bears pushed the price below the 50% Fib retracement level of the upward move from the $2,265 swing low to the $2,382 high. Finally, the bulls appeared near $2,300. Ethereum price is now trading below $2,340 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,300, the price could attempt another increase. Immediate resistance is seen near the $2,340 level. The first key resistance is near the $2,365 level. The next major resistance is near the $2,380 level. A clear move above the $2,380 resistance might send the price toward the $2,400 resistance. An upside break above the $2,400 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,440 resistance zone or even $2,450 in the near term. More Downside In ETH? If Ethereum fails to clear the $2,350 resistance, it could start a fresh decline. Initial support on the downside is near the $2,300 level and the 76.4% Fib retracement level of the upward move from the $2,265 swing low to the $2,382 high. The first major support sits near the $2,265 zone. A clear move below the $2,265 support might push the price toward the $2,220 support. Any more losses might send the price toward the $2,200 region. The main support could be $2,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,300 Major Resistance Level – $2,380
Ethereum price started a fresh increase above the $2,320 zone. ETH is now consolidating and might struggle to continue higher above the $2,385 resistance. Ethereum started a decent upward move from the $2,265 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh decline if it stays below the $2,300 zone. Ethereum Price Faces Hurdles Ethereum price remained bid above the $2,265 support zone, like Bitcoin. ETH price formed a base and started a recovery wave above the $2,300 resistance. The price surpassed the 50% Fib retracement level of the downward move from the $2,423 swing high to the $2,265 low. The bulls even pushed the price toward $2,380. Besides, there is a bullish trend line forming with support at $2,320 on the hourly chart of ETH/USD. Ethereum price is now trading above $2,320 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,320, the price could attempt another increase. Immediate resistance is seen near the $2,385 level or the 76.4% Fib retracement level of the downward move from the $2,423 swing high to the $2,265 low. The first key resistance is near the $2,400 level. The next major resistance is near the $2,420 level. A clear move above the $2,420 resistance might send the price toward the $2,480 resistance. An upside break above the $2,480 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,550 resistance zone or even $2,565 in the near term. Another Drop In ETH? If Ethereum fails to clear the $2,385 resistance, it could start a fresh decline. Initial support on the downside is near the $2,320 level. The first major support sits near the $2,300 zone. A clear move below the $2,300 support might push the price toward the $2,265 support. Any more losses might send the price toward the $2,220 region. The main support could be $2,200. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,300 Major Resistance Level – $2,385
Ethereum price started a downside correction below $2,350. ETH is now showing a few bearish signs and might decline further if it trades below $2,265. Ethereum started a downside correction below the $2,365 zone. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,315 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,325 zone. Ethereum Price Dips Further Ethereum price failed to stay above the $2,350 zone and extended its decline, like Bitcoin. ETH price gained pace for a move below the $2,320 and $2,300 levels. The bears pushed the price below the 50% Fib retracement level of the upward move from the $2,220 swing low to the $2,423 high. Finally, the bulls appeared near $2,265. Besides, there is a bearish trend line forming with resistance at $2,315 on the hourly chart of ETH/USD. Ethereum price is now trading below $2,320 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,265, the price could attempt another increase. Immediate resistance is seen near the $2,300 level. The first key resistance is near the $2,320 level. The next major resistance is near the $2,350 level. A clear move above the $2,350 resistance might send the price toward the $2,400 resistance. An upside break above the $2,400 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,440 resistance zone or even $2,450 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,320 resistance, it could start a fresh decline. Initial support on the downside is near the $2,265 level and the 76.4% Fib retracement level of the upward move from the $2,220 swing low to the $2,423 high. The first major support sits near the $2,240 zone. A clear move below the $2,240 support might push the price toward the $2,220 support. Any more losses might send the price toward the $2,200 region. The main support could be $2,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,265 Major Resistance Level – $2,320
Ethereum price started a fresh increase and remained stable above $2,380. ETH is now correcting gains and might decline if it trades below $2,300. Ethereum started a downside correction from the $2,420 zone. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There was a break below a bullish trend line with support at $2,365 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it stays below the $2,365 zone. Ethereum Price Trims Gains Ethereum price managed to stay above the $2,320 support and started a fresh increase, like Bitcoin. ETH price gained pace for a move above $2,380 and $2,385. However, the bears were active near $2,420. The last swing high was formed at $2,423 before there was a downside correction. The price dipped below the $2,365 level. Besides, there was a break below a bullish trend line with support at $2,365 on the hourly chart of ETH/USD. The price even tested the 50% Fib retracement level of the upward move from the $2,220 swing low to the $2,423 high. Ethereum price is now trading below $2,360 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,300, the price could attempt another increase. Immediate resistance is seen near the $2,350 level. The first key resistance is near the $2,380 level. The next major resistance is near the $2,420 level. A clear move above the $2,420 resistance might send the price toward the $2,450 resistance. An upside break above the $2,450 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,360 resistance, it could start a downside correction. Initial support on the downside is near the $2,320 level. The first major support sits near the $2,300 zone. A clear move below the $2,300 support might push the price toward the $2,265 support or the 76.4% Fib retracement level of the upward move from the $2,220 swing low to the $2,423 high. Any more losses might send the price toward the $2,200 region. The main support could be $2,150. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,300 Major Resistance Level – $2,360
Ethereum price started a fresh increase and remained stable above $2,360. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,360 zone. The price is trading above $2,355 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,310 zone. Ethereum Price Aims for Fresh Surge Ethereum price managed to stay above the $2,300 support and started a fresh increase, like Bitcoin. ETH price gained pace for a move above $2,350 and $2,360. The price even climbed toward $2,385. A high was formed at $2,398, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $2,220 swing low to the $2,399 high. Ethereum price is now trading above $2,350 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $2,360 on the hourly chart of ETH/USD, If the bulls remain in action above $2,310, the price could attempt another increase. Immediate resistance is seen near the $2,380 level. The first key resistance is near the $2,400 level. The next major resistance is near the $2,440 level. A clear move above the $2,440 resistance might send the price toward the $2,500 resistance. An upside break above the $2,500 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,550 resistance zone or even $2,565 in the near term. Another Pullback In ETH? If Ethereum fails to clear the $2,400 resistance, it could start a downside correction. Initial support on the downside is near the $2,360 level and the trend line. The first major support sits near the $2,340 zone. A clear move below the $2,340 support might push the price toward the $2,310 support or the 50% Fib retracement level of the upward move from the $2,220 swing low to the $2,399 high. Any more losses might send the price toward the $2,265 region. The main support could be $2,220. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,360 Major Resistance Level – $2,400
Ethereum price started a fresh increase and remained stable above $2,355. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,365 zone. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,350 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,300 zone. Ethereum Price Looks To Claim $2,400 Ethereum price managed to stay above the $2,320 support and started a fresh increase, like Bitcoin. ETH price gained pace for a move above $2,340 and $2,350. The price even climbed toward $2,380. A high was formed at $2,398, and the price is now consolidating gains. There was a minor decline below the 23.6% Fib retracement level of the upward move from the $2,220 swing low to the $2,398 high. Ethereum price is now trading above $2,360 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $2,350 on the hourly chart of ETH/USD, If the bulls remain in action above $2,350, the price could attempt another increase. Immediate resistance is seen near the $2,380 level. The first key resistance is near the $2,400 level. The next major resistance is near the $2,420 level. A clear move above the $2,420 resistance might send the price toward the $2,500 resistance. An upside break above the $2,500 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,550 resistance zone or even $2,565 in the near term. Another Pullback In ETH? If Ethereum fails to clear the $2,400 resistance, it could start a downside correction. Initial support on the downside is near the $2,350 level and the trend line. The first major support sits near the $2,330 zone. A clear move below the $2,330 support might push the price toward the $2,310 support or the 50% Fib retracement level of the upward move from the $2,220 swing low to the $2,398 high. Any more losses might send the price toward the $2,285 region. The main support could be $2,250. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,350 Major Resistance Level – $2,400
Ethereum price started a fresh increase and remained stable above $2,350. ETH is now consolidating and might aim for more gains if it clears $2,400. Ethereum started a steady increase above the $2,350 zone. The price is trading above $2,365 and the 100-hourly Simple Moving Average. There is a bullish trend line forming with support at $2,340 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it stays above the $2,320 zone. Ethereum Price Aims for Fresh Gains Ethereum price managed to stay above the $2,300 support and started a fresh increase, like Bitcoin. ETH price gained pace for a move above $2,320 and $2,350. The price even climbed toward $2,365. A high was formed at $2,387, and the price is now consolidating gains. It is holding gains above the 23.6% Fib retracement level of the upward move from the $2,220 swing low to the $2,387 high. Ethereum price is now trading above $2,350 and the 100-hourly Simple Moving Average. There is also a bullish trend line forming with support at $2,340 on the hourly chart of ETH/USD, If the bulls remain in action above $2,350, the price could attempt another increase. Immediate resistance is seen near the $2,385 level. The first key resistance is near the $2,400 level. The next major resistance is near the $2,420 level. A clear move above the $2,420 resistance might send the price toward the $2,500 resistance. An upside break above the $2,500 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,550 resistance zone or even $2,565 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,400 resistance, it could start a downside correction. Initial support on the downside is near the $2,350 level. The first major support sits near the $2,340 zone and the trend line. A clear move below the $2,340 support might push the price toward the $2,300 support or the 50% Fib retracement level of the upward move from the $2,220 swing low to the $2,387 high. Any more losses might send the price toward the $2,260 region. The main support could be $2,220. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,340 Major Resistance Level – $2,400
Ethereum price started a fresh decline and traded below $2,250. ETH is now consolidating above $2,220 and might struggle to recover. Ethereum started a downside correction below the $2,265 zone. The price is trading below $2,280 and the 100-hourly Simple Moving Average. There is a contracting triangle forming with support at $2,255 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,220 zone. Ethereum Price Faces Resistance Ethereum price failed to remain stable above $2,300 and started a downside correction, like Bitcoin. ETH price dipped below the $2,280 and $2,265 levels. The price even traded below $2,250. A low was formed at $2,220, and the price is now consolidating losses. There was a minor upward move above the 23.6% Fib retracement level of the downward move from the $2,345 swing high to the $2,220 low. Ethereum price is now trading below $2,270 and the 100-hourly Simple Moving Average. Besides, there is a contracting triangle forming with support at $2,255 on the hourly chart of ETH/USD. If the bulls remain in action above $2,250, the price could attempt another increase. Immediate resistance is seen near the $2,280 level or the 50% Fib retracement level of the downward move from the $2,345 swing high to the $2,220 low. The first key resistance is near the $2,300 level. The next major resistance is near the $2,320 level. A clear move above the $2,320 resistance might send the price toward the $2,375 resistance. An upside break above the $2,375 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,420 resistance zone or even $2,440 in the near term. Another Decline In ETH? If Ethereum fails to clear the $2,280 resistance, it could start a fresh decline. Initial support on the downside is near the $2,255 level. The first major support sits near the $2,220 zone. A clear move below the $2,220 support might push the price toward the $2,165 support. Any more losses might send the price toward the $2,150 region. The main support could be $2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 zone. Major Support Level – $2,220 Major Resistance Level – $2,280
Ethereum price started a fresh decline and traded below $2,265. ETH is now consolidating above $2,220 and might struggle to recover. Ethereum started a downside correction below the $2,280 zone. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support at $2,295 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,220 zone. Ethereum Price Dips Further Ethereum price failed to remain stable above $2,320 and started a downside correction, like Bitcoin. ETH price dipped below the $2,300 and $2,280 levels. There was a break below a rising channel with support at $2,295 on the hourly chart of ETH/USD. The price even spiked to $2,220. A low was formed at $2,220, and the price is now consolidating losses. There was a minor upward move above the 23.6% Fib retracement level of the downward move from the $2,345 swing high to the $2,220 low. Ethereum price is now trading below $2,280 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,220, the price could attempt another increase. Immediate resistance is seen near the $2,265 level. The first key resistance is near the $2,280 level and the 50% Fib retracement level of the downward move from the $2,345 swing high to the $2,220 low. The next major resistance is near the $2,300 level. A clear move above the $2,300 resistance might send the price toward the $2,345 resistance. An upside break above the $2,345 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,400 resistance zone or even $2,420 in the near term. Downside Continuation In ETH? If Ethereum fails to clear the $2,280 resistance, it could start a fresh decline. Initial support on the downside is near the $2,230 level. The first major support sits near the $2,220 zone. A clear move below the $2,220 support might push the price toward the $2,165 support. Any more losses might send the price toward the $2,150 region. The main support could be $2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,220 Major Resistance Level – $2,280
Ethereum price started a fresh decline and traded below $2,300. ETH is now consolidating above $2,250 and might struggle to recover. Ethereum started a downside correction below the $2,320 zone. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $2,300 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it stays above the $2,250 zone. Ethereum Price Extends Losses Ethereum price failed to remain stable above $2,330 and started a downside correction, like Bitcoin. ETH price dipped below the $2,320 and $2,300 levels. The price even spiked below $2,265. A low was formed at $2,256, and the price is now consolidating losses. There was a minor upward move above the 23.6% Fib retracement level of the downward move from the $2,404 swing high to the $2,256 low. Ethereum price is now trading below $2,300 and the 100-hourly Simple Moving Average. If the bulls remain in action above $2,250, the price could attempt another increase. Immediate resistance is seen near the $2,300 level. There is also a bearish trend line forming with resistance at $2,300 on the hourly chart of ETH/USD. The first key resistance is near the $2,330 level and the 50% Fib retracement level of the downward move from the $2,404 swing high to the $2,256 low. The next major resistance is near the $2,370 level. A clear move above the $2,370 resistance might send the price toward the $2,400 resistance. An upside break above the $2,400 region might call for more gains in the coming days. In the stated case, Ether could rise toward the $2,500 resistance zone or even $2,550 in the near term. More Losses In ETH? If Ethereum fails to clear the $2,300 resistance, it could start a fresh decline. Initial support on the downside is near the $2,250 level. The first major support sits near the $2,220 zone. A clear move below the $2,220 support might push the price toward the $2,180 support. Any more losses might send the price toward the $2,155 region. The main support could be $2,120. Technical Indicators Hourly MACD – The MACD for ETH/USD is gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now below the 50 zone. Major Support Level – $2,250 Major Resistance Level – $2,330