As mentioned in the previous price-related press for Ethereum, that this week could most likely look better by far for the second in place cryptocurrency, it seems like in that optimistic forecast even other virtual coins will be included.
Ethereum price on its upward recovery momentum looks like lost its steam against the US Dollar. Now ETH has broken the support and aiming the $240 could be next.
Despite any technical analysis or possible-outcome idea, the control of the market right now is on the hands of the news-drifted momentum.
Ethereum range bound for some time now with no major movement. However, a setup is formed for more gain in the upcoming day.
After a lower-flow worth noticing, Ethereum against the US dollar found support towards the $333 mark which turned the pair back over the 50% Fib retracement level of the last wave from $349 to $333.
After the declining phase that took place a few days back, a flexible and fast changing upside path has been formed as the price moved over the $320 resistance level against the USD. With the supports formed at $311, $315 and $319 a very…
A very fluctuating movement was experienced over the past few days above the $280 supporting zone for Ethereum price against the US dollar. After testing its waters the support level showed stable ground and it started an upward trend.
The digital currency market is unexpected as ever. Analyst and experts are torn into sides where one says this new trend will be going on for multi-years and the other say its a ticking bubble ready to crash down
It seems like a bottom is formed in ETH price around the $140 level against the US Dollar. The price has recovered a lot during the past few days and recently broke a major resistance near $237. The upside move was decent and points a lot…
Key HighlightsETH price managed to move above the $194 resistance against the US Dollar and traded towards $208. There was a break above a short-term bearish trend line at $194 on the hourly chart of ETH/USD (data feed via…