Ethereum Cost Basis Data Signals Strong Support At $1,886 – Details
Posted inEthereum

Ethereum Cost Basis Data Signals Strong Support At $1,886 – Details

The Ethereum (ETH) market has experienced some recent good fortunes rising by over 5% in the past 24 hours. Despite this price gain, the prominent altcoin remains in a downtrend as indicated by its 11.17% loss in the past week.  However, prominent analytics platform Glassnode has discovered an important price level that could offer some short-term…
Ethereum Price Defies The Trend—Beating Bitcoin in Recent Gains
Posted inEth

Ethereum Price Defies The Trend—Beating Bitcoin in Recent Gains

Ethereum price is showing positive signs above the $2,650 zone. ETH is outshining Bitcoin and might start another increase in the near term. Ethereum is holding gains and aiming for more gains. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at…
Ethereum Price Path to Recovery Blocked by Key Barriers
Posted inEthereum

Ethereum Price Path to Recovery Blocked by Key Barriers

Ethereum price started a recovery wave above the $2,550 zone. ETH is showing positive signs but faces many hurdles near the $2,880 level. Ethereum started a decent upward move above the $2,550 zone. The price is trading below $2,880 and the 100-hourly Simple Moving Average. There is a short-term declining channel forming with resistance at…
Ethereum Make-Or-Break Moment: This Key Level Determines Path To Reach $7,000
Posted inEthereum

Ethereum Make-Or-Break Moment: This Key Level Determines Path To Reach $7,000

Despite Ethereum (ETH) recently losing the critical $3,000 threshold due to broader cryptocurrency market corrections influenced by escalating regulatory tensions between the US and China, optimism for the leading altcoin persists.  As of now, Ethereum has rebounded nearly 10%, trading just above $2,800, which places it above key support levels that could pave the way…