Ethereum Resumes Decline, Here’s What Could Trigger More Downsides
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summy Morphe
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May 31, 2021
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Ethereum
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Ethereum failed to continue above $2,500 and started a fresh decline against the US Dollar. ETH price is showing bearish signs and it could continue lower below $2,240. Ethereum is struggling to gain bullish momentum above the $2,400 and $2,500 levels. The price is now trading well below $2,450 and the 100 hourly simple moving average. There is a key …
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The Chart Pattern That Takes Ethereum To $10K
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summy Morphe
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May 27, 2021
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Ethereum
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In a flash, Ethereum is back to trading under $3,000 after just weeks ago reaching a high well over $4,000. The wider crypto market correction got the best of ETH and the rest of altcoins especially, and even managed to take down Bitcoin. However, if past market cycles are any indication of future results, the crash could be the first …
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Ethereum Corrects Gains, Here’s Why 100 SMA Is The Key for Fresh Increase
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summy Morphe
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May 27, 2021
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Ethereum
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Ethereum failed to continue above $2,900 against the US Dollar. ETH price corrected gains and it is now trading near a major support at $2,640 and the 100 hourly SMA. Ethereum broke the $2,850 resistance, but it failed to gain pace above $2,900. The price is now testing the $2,650 support and the 100 hourly simple moving average. There was …
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Ethereum Breaks Key Resistance, Here’s Why ETH Could Test $3K
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summy Morphe
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May 26, 2021
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Ethereum
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Ethereum extended its upward move above the $2,750 resistance zone against the US Dollar. ETH price is showing positive signs and it could rise towards $3,000 or even higher. Ethereum extended its recovery wave above the $2,650 and $2,750 levels. The price is now trading above the $2,700 support and the 100 hourly simple moving average. There was a break …
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Ethereum Faces Hurdles, Here’s What Could Trigger Strong Recovery
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summy Morphe
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May 24, 2021
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Ethereum
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Ethereum extended its decline and traded close to the $1,700 zone against the US Dollar. ETH price is recovering, but it is facing a strong resistance near $2,200. Ethereum extended its decline below the $2,000 and $1,800 support levels. The price is well below the $2,500 level and the 100 hourly simple moving average. There is a major bearish trend …
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Ethereum Approaches Next Major Break, $3K Is The Key
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summy Morphe
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May 21, 2021
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Ethereum
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Ethereum recovered nicely above the $2,750 resistance zone against the US Dollar. However, ETH price must clear $3,000 for a steady increase in the coming sessions. Ethereum is up over 15% and it cleared the $2,750 resistance zone. The price is still well below the $3,000 level and the 100 hourly simple moving average. There is a crucial contracting triangle …
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Ethereum Down 40% In A Week, Here’s Why ETH Could Recover
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summy Morphe
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May 20, 2021
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Ethereum
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Ethereum declined heavily and it even tested the $2,000 support zone against the US Dollar. ETH price is attempting a recovery and it must clear $2,800 for a steady rise. Ethereum is down over 40% in a week and it even tested the $2,000 support zone. The price is now well below the $3,000 level and the 100 hourly simple …
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Ethereum Steadies Above $3,200, Here’s What Could Trigger Strong Surge
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summy Morphe
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May 18, 2021
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Ethereum
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Ethereum is holding the key $3,120 support zone against the US Dollar. ETH price is consolidating and it seems like it could soon clear the $3,500 resistance zone. Ethereum is holding the ground above the $3,120 and $3,200 support levels. The price is still well below the $3,600 level and the 100 hourly simple moving average. There was a break …
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Ethereum Rally Extends Above $3,400, Why Dips Remain Attractive
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summy Morphe
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May 16, 2021
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Ethereum
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Ethereum extended its rally and it traded to a new all-time high above $3,450 against the US Dollar. ETH price is correcting gains, but it is likely to remain well bid above $3,100. Ethereum remained in a strong uptrend and it broke the $3,400 level. The price is now trading well above $3,200 and the 100 hourly simple moving average. …
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Ethereum Corrects Gains, Here’s What Could Trigger Fresh Rally
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summy Morphe
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May 16, 2021
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Ethereum
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0 Comments
Ethereum extended its rally and it traded to a new all-time high above $3,520 against the US Dollar. ETH price is correcting gains, but it is likely to start a fresh rally above $3,400. Ethereum extended its rally above $3,500 and it traded to a new all-time high near $3,525. The price is now trading well above $3,200 and the …
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