Ethereum Reverse Losses, What Could Spark Rally To $3,500
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summy Morphe
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August 20, 2021
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Ethereum
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Ethereum remained well bid above the $2,950 support against the US Dollar. ETH price started a fresh increase and it could even surpass the $3,300 resistance. Ethereum started a fresh increase above the $3,120 and $3,200 resistance levels. The price is now trading above $3,150 and the 100 hourly simple moving average. There was a break above a crucial bearish …
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Ethereum (ETH) Faces Rejection, Why ETH Could Revisit $3K
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summy Morphe
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August 17, 2021
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Ethereum
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Ethereum failed once again to clear the $3,330 resistance against the US Dollar. ETH price is now at a risk of more losses below the $3,120 support zone. Ethereum failed on two occasions to clear the $3,330 resistance zone. The price is now trading below $3,200 and the 100 hourly simple moving average. There was a break below a key …
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Ethereum (ETH) Steadies Above $3K, What Could Trigger Fresh Drop
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summy Morphe
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August 13, 2021
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Ethereum
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Ethereum is holding gains above the $3,000 support zone against the US Dollar. ETH price is now facing resistance near the $3,150 and $3,180 levels. Ethereum started a downside correction after it failed to stay above $3,200. The price is now recovering above $3,100 and the 100 hourly simple moving average. There is a major bearish trend line forming with …
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Ethereum (ETH) Back Below $3K, Why Rally Isn’t Over Yet
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summy Morphe
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August 9, 2021
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Ethereum
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Ethereum started a strong rally above the $3,000 resistance against the US Dollar. ETH price is now correcting gains, but it is likely to find bids near $2,840. Ethereum gained pace after it broke the key $2,840 resistance zone. The price is now trading above $2,900 and the 100 hourly simple moving average. There was a break below a key …
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Why Ethereum (ETH) Looks Ready For Another Leg Higher Over $3K
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summy Morphe
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August 5, 2021
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Ethereum
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Ethereum started a strong rally above the $2,550 resistance against the US Dollar. ETH price is now consolidating gains and it could rise further towards $3,000. Ethereum gained pace after it broke the key $2,550 resistance zone. The price is now trading well above $2,600 and the 100 hourly simple moving average. There was a break above a major bearish …
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Ethereum (ETH) Outpaces Bitcoin, Why Bulls Aim Larger Increase
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summy Morphe
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July 30, 2021
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Ethereum
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Ethereum is up over 5% and it broke the $2,400 resistance against the US Dollar. ETH price outpaced bitcoin and it seems like there are chances of more gains above $2,450. Ethereum started a fresh increase and it managed to surpass the $2,320 resistance zone. The price is now trading well above $2,300 and the 100 hourly simple moving average. …
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Ethereum Recovers Sharply, Why ETH Could Continue Higher above $2K
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summy Morphe
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July 22, 2021
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Ethereum
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Ethereum started an upside correction above the $1,850 resistance against the US Dollar. ETH price is likely to continue higher if there is a close above the $2,000 resistance. Ethereum started a decent upward move above the $1,850 and $1,950 resistance levels. The price is now trading well above $1,900 and the 100 hourly simple moving average. There is a …
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Why Ethereum (ETH) Topside Bias Vulnerable Unless It Surges Past $2K
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summy Morphe
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July 19, 2021
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Ethereum
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Ethereum is facing an uphill task near the $2,000 zone against the US Dollar. ETH price remains at a risk of a larger decline below the $1,800 support zone. Ethereum started a fresh decline after it failed to surpass the $2,000 resistance zone. The price is still trading well below the $2,000 resistance and the 100 hourly simple moving average. …
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Ethereum (ETH) Recovery Faces Hurdles, Why Bears Remain In Control
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summy Morphe
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July 15, 2021
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Ethereum
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Ethereum started an upside correction from the $1,865 zone against the US Dollar. ETH price climbed above $2,000, but it is facing a strong resistance near $2,050. Ethereum tested the $1,865 zone before it started a decent recovery wave. The price is still trading well below the $2,050 resistance and the 100 hourly simple moving average. There was a break …
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Ethereum Turns Red, Why Recovery Could Be Attractive To Sellers
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summy Morphe
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July 9, 2021
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Ethereum
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Ethereum extended its decline below the $2,200 support zone against the US Dollar. ETH price is showing bearish signs and it might dive further towards $2,000. Ethereum is down over 10% and it even spiked below the $2,100 support zone. The price is now trading below the $2,200 support and the 100 hourly simple moving average. There is a major …
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