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Ether Bears Hit a Brick Wall as Price Collides With Bull-Market Trendline
17.5.2024
Ether's sell-off has stalled at an upward-sloping trendline, characterizing the rally from October lows
Ethereum Technical Analysis: ETH Breaks $2,000 Barrier Amid Positive Trading Outlook
20.11.2023
On Monday, ethereum (ETH) showcased an impressive bullish pattern, with its value reaching a peak of $2,041 as of November 20, 2023. Ranking as the second most prominent cryptocurrency with a market capitalization of $242 billion, it continues to draw substantial trading activity, totaling $15.33...
Ethereum Technical Analysis: ETH Slips 4%, Traders Eye Critical Support With Caution
17.11.2023
Ethereum (ETH), the second-largest cryptocurrency by market capitalization, experienced a downturn on Friday, dropping 4.7% against the U.S. dollar. Over the previous week, it has seen a decline of 6.6% in its value. The trading dynamics on November 17, 2023, showcased a complex blend of factors...
Ethereum Technical Analysis: ETH’s Bullish Streak Meets Oscillator Caution
13.11.2023
Ethereum’s price action remains in the spotlight as it navigates above the $2,000 threshold, with key indicators suggesting a mix of neutrality and bullish signals. The digital currency’s recent upsurge reflects a growing bullish consensus among investors, despite some calls...
Bitcoin, Ethereum Technical Analysis: ETH, BTC Edge Lower as Mideast Tensions Rattle Markets
9.10.2023
Ethereum plunged below the $1,600 level to start the week, as global markets reacted to the escalating tensions in the Middle East. Crude oil prices rallied from a six-week low, climbing by over 4% overnight. Bitcoin gave up recent gains, as traders fled to more traditional safe-haven assets....
3 reasons why Ethereum price can't break $2K
7.10.2023
A bearish Ethereum fractal meets lower network activity as Ether's price struggles to break above $2,000
Bitcoin, Ethereum Technical Analysis: BTC, ETH Plunge, as Profit Takers Swoop In
3.10.2023
Bitcoin retreated from a multi-week high on Tuesday, after cryptocurrencies entered overbought territories. Traders have seemingly opted to capture recent profits, ahead of key data points later this week. Ethereum slipped below $1,700. Bitcoin Bitcoin (BTC) edged below the $28,000 level during...
Bitcoin, Ethereum Technical Analysis: BTC Above $27,000, ETH Reaches 1-Month High
29.9.2023
Bitcoin continued to trade above the $27,000 level on Friday, after a surge beyond this point towards the end of yesterday’s session. Ethereum rallied to a one-week high. Bitcoin Bitcoin remained above the $27,000 level on Friday, following a late rise in bullish sentiment towards the end...
Bitcoin, Ethereum Technical Analysis: ETH Moves to 1-Week High, as BTC Consolidates Recent Gains
28.9.2023
Ethereum climbed to a fresh one-week high on Thursday, as bulls kept price above a key resistance level. The move comes despite cryptocurrencies mostly consolidating in today’s session, following Wednesday’s rally. Bitcoin was marginally lower, retreating from recent gains. Bitcoin...
Bitcoin, Ethereum Technical Analysis: ETH Drops Under $1,600, BTC Consolidates Below $27,000
22.9.2023
Ethereum continued to slip lower on Friday, as the cryptocurrency fell below the $1,600 level in today’s session. Crypto markets have mostly consolidated since the Federal Reserve opted to keep rates unchanged earlier this week, with the global market cap down nearly 1%, as of writing....
Bitcoin, Ethereum Technical Analysis: ETH Hits 1-Week Low, BTC Extends Declines on USD Strength
21.9.2023
Bitcoin fell below the $27,000 level on Thursday, as markets reacted to the latest Federal Reserve interest rate decision. As expected, the Fed opted to keep rates unchanged at 5.5%, whilst hinting at one additional raise in the current cycle. The dollar strengthened across the board following...
Bitcoin, Ethereum Technical Analysis: BTC Remains Above $27,000, Following Moving Average ‘Death Cross’
19.9.2023
Bitcoin continued to trade above the $27,000 level on Tuesday, after a crossover of moving averages triggered a return of bullish sentiment. The move pushed price to a multi-week high, with the global market cap trending over 1% higher. Ethereum also extended recent gains. Bitcoin Bitcoin was once...
Bitcoin, Ethereum Technical Analysis: BTC Bulls Keep Price Close to 2-Week High, Following Strong US Retail Sales
15.9.2023
Bitcoin continued to trade close to a multi-week high on Friday, as bulls continued to target the $27,000 level. The move came following stronger than expected U.S. retail sales figures, which rose by 0.6% in August. Ethereum also traded higher in today’s session. Bitcoin Bitcoin remained...
Bitcoin, Ethereum Technical Analysis: BTC Hovers Near 2-Week High, Ahead of US Retail Sales Report
14.9.2023
Bitcoin neared a two-week high on Thursday, as markets looked ahead to today’s retail sales report in the United States. Sales are expected to rise by 0.2% in August, a drop from a 0.7% increase the month before. Ethereum remained in the green, moving back above a key support point earlier...
Bitcoin, Ethereum Technical Analysis: ETH Below $1,600 Ahead of Key US Economic Releases
11.9.2023
Ethereum has started the week below $1,600, as markets appeared to be awaiting the release of several key data points from the United States. After a quiet week, the coming days will see the latest inflation, retail sales, and consumer sentiment figures released. Bitcoin remained lower on Monday....
Bitcoin, Ethereum Technical Analysis: BTC Slips Below Key Support Point as US Markets Reopen Following Labor Day
5.9.2023
Bitcoin moved lower on Tuesday, as U.S. traders returned from the Labor Day celebration, bringing back bearish sentiment with them. The global crypto market cap was down by 0.47% at the time of writing. Ethereum remained in the red, with price trading below a recent support point. Bitcoin Bitcoin...
Bitcoin, Ethereum Technical Analysis: BTC Moves Back Below $29,000, as Bullish Sentiment Weakens
3.8.2023
Bitcoin was once again trading below the $29,000 level on Thursday, as bulls retreated following yesterday’s gains. The drop appeared to come as traders secured profits, following a failed breakout of a key price point. Ethereum also edged lower today. Bitcoin Bitcoin (BTC) dropped below...
Bitcoin, Ethereum Technical Analysis: Bitcoin Consolidates Below $31,000, as Traders Digest Recent Economic Data
13.7.2023
Bitcoin retreated from recent gains on Thursday, as traders were unable to sustain a breakout of a key resistance level. Market volatility has risen following yesterday’s U.S. inflation report, which dropped to a two-year low. Ethereum was marginally lower, slipping below $1,900. Bitcoin...
Bitcoin, Ethereum Technical Analysis: ETH Moves Above $1,900, Hitting a 2-Month High to Start July
1.7.2023
Ethereum entered the month of July in the green, as price traded at a two-month high to start the weekend. Markets moved to rebound on Saturday, after better than expected consumer sentiment data in the United Stated spooked traders. Bitcoin also rebounded, after falling below $30,000 on Friday....
Bitcoin, Ethereum Technical Analysis: BTC Remains in the Green, Ahead of US Consumer Sentiment Report
30.6.2023
Bitcoin remained close to the $31,000 level on Friday, as momentum in the market continued to be bullish heading into the weekend. This comes ahead of the anticipated consumer sentiment report from the United States, which is expected to show an increase in overall consumer confidence. Ethereum...