Ethereum (ETH) Rebound Faces Major Hurdle Near $180

Ethereum price is currently correcting higher, but it is facing a strong resistance near $180 against the US Dollar. Bitcoin price is up more than 1.5%, but it is also facing resistance $8,120 and $8,200. This week’s followed major bearish trend line was breached with resistance near $174 on the hourly chart of ETH/USD (data feed via Kraken). The pair is clearly facing a strong resistance near the $180 level and the 100 hourly SMA. Ethereum price is currently recovering higher versus the US Dollar, similar to bitcoin. However, ETH…

Ethereum Price Weekly Forecast: ETH Holding Important Support

ETH price started a sharp downside correction after trading as high as $198 against the US Dollar. The price is currently holding an important support area near the $180 level. There was a break below a major bullish trend line with support near $188 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could extend its decline towards the $175 support area before a fresh increase. Ethereum price is struggling to retain its bullish bias against the US Dollar and bitcoin. ETH is likely to bounce back…

Ethereum (ETH) Signaling Bullish Continuation, Bitcoin Holding Support

Ethereum price is trading nicely above the $188 and $185 support levels against the US Dollar. Bitcoin price is showing positive signs and it is trading above the $8,400 support area. There is a major bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher and it could break the $195 and $198 resistance levels. Ethereum price is trading above key supports versus the US Dollar and bitcoin. ETH price must stay above $185 to…

Ethereum (ETH) Price Still Capped By Key $185 Resistance

ETH price is still struggling to break the key $185 resistance area against the US Dollar. The price is currently correcting lower and it might find support near $178 or $175. There is a connecting bullish trend line forming with support near $178 on the hourly chart of ETH/USD (data feed via Kraken). The pair could retest the $185 resistance area as long as it is trading above the $175 support. Ethereum price is struggling to continue higher versus the US Dollar and bitcoin. ETH price remains at a risk…

Ripple Price (XRP) Rallies 5% While BTC And ETH Decline

Ripple price is gaining bullish momentum above the $0.2600 resistance area against the US dollar. The price is up around 5% and it recently broke the $0.2650 resistance area. There is a connecting bullish trend line forming with support near $0.2550 on the hourly chart of the XRP/USD pair (data source from Kraken). The price remains supported on dips and it could continue to rise towards the $0.2720 resistance. Ripple price is rallying towards $0.2720 against the US Dollar, while bitcoin and Ethereum are sliding. XRP price might continue to…

Ethereum (ETH) Price Approaching $160 While Bitcoin Settles Below $8K

ETH price is declining and it recently broke the $172 and $170 support levels against the US Dollar. The price is trading in a bearish zone and it could slide further towards the $160 support. There is a major bearish trend line forming with resistance near $174 on the hourly chart of ETH/USD (data feed via Kraken). The pair might correct a few points higher, but upsides might be capped near $172 and $175. Ethereum price is showing bearish signs versus the US Dollar, while bitcoin is declining. ETH price…

Ethereum Price Weekly Forecast: ETH Approaching Next Crucial Break

ETH price started trading in a range after it failed to surpass the $185 resistance against the US Dollar. The price is currently trading below the key $180 and $185 resistance levels. There is a key contracting triangle forming with resistance near $180 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to make the next crucial move either above $180 or towards the $160 support. Ethereum price is setting up for the next crucial break against the US Dollar and bitcoin. ETH may soon…

Ethereum (ETH) Price Holding Key Support But For How Long?

ETH price is currently under pressure and is trading below the $175 level against the US Dollar. The price is trading above the $170 support area, but it is struggling to climb higher. There is a major contracting triangle forming with support near $170 on the hourly chart of ETH/USD (data feed via Kraken). A downside break below the $170 support might spark a strong decline towards $165 or $160. Ethereum price is preparing for the next move versus the US Dollar, while consolidating vs bitcoin. ETH price must stay…

Ethereum (ETH) Price Above $185 Would Make Case For Larger Rally

ETH price is showing positive signs above the $172 and $170 support levels against the US Dollar. The price is currently trading near $180 and it might soon retest the $185 resistance area. Yesterday’s highlighted key bullish trend line is active with support near $172 on the hourly chart of ETH/USD (data feed via Kraken). The price is likely to accelerate gains if it succeeds in clearing the $185 resistance area. Ethereum price is slowly gaining momentum versus the US Dollar, similar to bitcoin. ETH price must break the $185…

Ethereum (ETH) Price Likely Preparing For Corrective Move To $200

ETH price started an upside correction and tested the $185 resistance against the US Dollar. The price is currently correcting lower, but it remains supported near $175 and $172. There is a new connecting bullish trend line forming with support near $171 on the hourly chart of ETH/USD (data feed via Kraken). The price remains well supported on dips near the $172 and $170 levels in the near term. Ethereum price is showing positive signs above versus the US Dollar, while consolidating vs bitcoin. ETH price is likely to break…