Ethereum Takes a Bit Hit But Another Lift-Off To $180 Is Likely

Ethereum is currently correcting lower from the $176 monthly high against the US Dollar. ETH price remains well supported on the downside near the $162 and $158 levels. Ethereum is correcting lower and trading below the $170 level against the US Dollar, similar to bitcoin. The price is holding the main $162 and $158 support levels. There is a key contracting triangle forming with resistance near $170 on the hourly chart of ETH/USD (data feed via Kraken). The pair could rally again towards $180 as long as there is no…

Ethereum Rallies 20% But Fails To Surpass 100-day SMA

Ethereum surged close to 20% and climbed above the $170 resistance against the US Dollar. However, ETH price is struggling to gain momentum above the 100-day simple moving average. Ethereum is up close to 20% and it broke the $155 and $165 resistance levels against the US Dollar. The price even tested the $175 resistance and the 100-day simple moving average. There is a crucial bearish trend line forming with resistance near $182 on the daily chart of ETH/USD (data feed via Kraken). The pair must climb above the $180…

Ethereum Creator Picks Two Worst Bull and Bear BTC Predictions Ever Made

As the world’s biggest cryptocurrency, Bitcoin (BTC) is highly volatile, once surging from $1,000 to $20,000 in the span of just over a year. The coin has become the subject of infinite price predictions. Both optimistic and negative, some of these predictions have turned out to be extremely inaccurate. Vitalik Buterin, the well-known co-creator of the Ethereum network and its native cryptocurrency Ether (ETH), highlighted the two worst Bitcoin price predictions ever made since the digital currency was introduced back in 2009. In an April 6 tweet, Buterin emphasized that…

A Key Trend Is Forming For Ethereum and A Swift Rally Could Occur

Ethereum is trading nicely above the key $140 support zone against the US Dollar. ETH price is showing a few positive signs and it could attempt to rally above $145. Ethereum is currently consolidating above the $140 support area against the US Dollar. The price is still struggling to gain bullish momentum above the $145 resistance. There was a break above a major bearish trend line with resistance near $142 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a strong increase as long as…

Ethereum Breaking This Crucial Support Could Spark a Sharp Decline

Ethereum is struggling to gain bullish momentum above the $145 resistance against the US Dollar, similar to bitcoin. ETH price must stay above the $140 support area to remain in an uptrend. ETH price is currently facing a strong resistance near $145 and $150 against the US Dollar. There is a crucial support forming near the $140 level and the 100 simple moving average (4-hours). There is a major contracting triangle forming with resistance near $145 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could either…

Ethereum Gearing For Another Lift-Off to $155: Rally Isn’t Over Yet

Ethereum rallied recently above the $135 and $140 resistance levels against the US Dollar. ETH price remains well supported and it could rise again towards $150 and $155. Ethereum is showing a lot of positive sign and it is trading above $140 against the US Dollar. The price tested the $150 resistance and corrected lower towards $140. There is a major bullish trend line forming with support near $132 on the hourly chart of ETH/USD (data feed via Kraken). The pair seems to be eyeing another bullish wave towards the…

Ripple (XRP) Signaling Fresh Surge Similar to Bitcoin and Ethereum

Ripple is rising steadily from the $0.1680 support area against the US Dollar. XRP price is likely to rally 3%-4%, similar to the recent move in bitcoin and Ethereum. Ripple price is slowly gaining bullish momentum above the $0.1720 level against the US dollar. The bulls are likely aiming an upside break above the $0.1780 and $0.1800 resistance levels. There is a key bearish trend line forming with resistance near $0.1760 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair could dip a few points,…

Ethereum Just Broke $135 and Primed To Test $150: Here’s Why

Ethereum is trading with a bullish angle and it recently surpassed the $135 resistance against the US Dollar. ETH price is likely to continue higher towards $145 and $150. Ethereum is up more than 3% and it broke the main $135 resistance against the US Dollar. The price is now trading in a bullish zone and it could continue higher towards $145 or $150. There is a key bullish trend line forming with support near $131 on the hourly chart of ETH/USD (data feed via Kraken). Bitcoin also gained traction…

Ethereum Breaking This Single Level Will Spark a Strong Rally

Ethereum is still struggling to clear the main $135 resistance area against the US Dollar. ETH price must break the $135 hurdle to start a strong rally in the coming sessions. Ethereum is currently consolidating below the main $135 resistance against the US Dollar. The price is likely to find a decent support near the $130 region. There was a break below a connecting bullish trend line with support near $133 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct a few points towards $130…

Ethereum Defies Gravity But Here Is Why It Could Fail Again

Ethereum is up more than 5% and it broke the $130 resistance area against the US Dollar. However, the main $135 resistance area is still acting as a major hurdle for ETH bulls. Ethereum gained traction and it broke the $130 ad $132 resistance levels against the US Dollar. The price is currently facing a major resistance near the $135 level (the previous support). There is a short term declining channel or a flag pattern forming with resistance near $135 on the hourly chart of ETH/USD (data feed via Kraken).…