Ethereum claws back, but can it hold? After a swift two-day surge, Ethereum’s price hovers around $3,634, reclaiming the $3,600 mark. The rally hit a wall at $3,720, running into a double-whammy of Bollinger Band resistance and the 20 EMA. As ETH leaves exchanges and intraday momentum wanes, all eyes are on the critical $3,590 – $3,624 support zone. Will …
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Ethereum’s Bull Run Breathes: Is the Party Over? After weeks of a blistering ascent, Ethereum is showing signs of exhaustion as it grapples with resistance around the $3,820 mark. Currently hovering near $3,690 – a 1.9% dip today – ETH has stumbled, losing ground below key VWAP and trendline support. All eyes are now glued to the $3,650-$3,680 zone; a …
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Ethereum Price Holds Its Breath Below $2,600: Is a Breakout Brewing? After last week’s exhilarating surge, Ethereum’s price is now perched precariously just south of $2,600, like a coiled spring ready to unleash. A tense calm has descended as a tight trading range forms, with buyers digging in their heels, desperately defending key moving averages. All eyes are on the …
Read More »Ethereum price must have been flirting just under $2,700-against the strength of such resistance. After a tremendous surge from just below $2,100 in early May, the ETH has been now testing the waters and flirting with a breakout. The 2,722 high found immediate resistance, so let us say that a battle is underway at this level. But, herein lies the …
Read More »Ethereum Unleashes a Bullish Fury, Eyes $2,500! Ethereum is on a surge! Enduring months of downtrend, ETH just broke loose with so much power. The daily chart tells a story of defiance, with ETH crushing the descending resistance line from its December peak. Below critical levels of $1,950 and $2,200, now completely shattered in its march above those marks. On …
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