Ethereum Price Analysis: ETH/USD Nosedives Below $90, What’s Next?

Key Highlights ETH price traded lower sharply below the $100 and $90 support levels against the US Dollar. There are two key bearish trend lines formed with resistance at $96 and $102 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to decline and it may even break the $80 and $75 levels. Ethereum price declined heavily against the US Dollar and bitcoin. ETH/USD is currently well below $90 and it could slide further towards $75 or $70. Ethereum Price Analysis Yesterday, we saw a…

Ethereum Price Analysis: ETH/USD Could Revisit $100

Key Highlights ETH price failed to break the $113-114 resistance and declined again against the US Dollar. This week’s followed bearish trend line is still in place with resistance at $112 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses below the $105 and $102 support levels. Ethereum price struggled to clear important hurdles against the US Dollar and bitcoin. ETH/USD may slide further below the $105 level in the near term. Ethereum Price Analysis Yesterday, we discussed that upsides…

ETH/USD Price Risk Dropping Below $100

Latest Ethereum News To mark the 558th of “Dies Academicus”, the University of Basel–which is one of the oldest universities in the world boosting alumni as Leonhard Euler, Daniel Bernoulli and Friedrich Miescher did award the co-Founder of Ethereum, Vitalik Buterin, with a Honorary Doctorate in Economics for “his contribution to promoting decentralization and equal participation in the digital revolution, as well as for his services on cryptocurrencies, smart contracts, and institutional design”. Read: McAfee Unfazed After SEC Says Promoting ICO Without Disclosing Pay is Fraud The Department of economics…

Ethereum Price Analysis: ETH/USD Grinding Lower Below $110

Key Highlights ETH price found resistance near the $119-120 zone recently and declined against the US Dollar. There is a major bearish trend line in place with resistance at $116 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to decline further below $110 as long as the price is below $116 and $120. Ethereum price remains in a bearish zone against the US Dollar and bitcoin. ETH/USD could test the $105 support area if sellers remain in action below $116. Ethereum Price Analysis After…

Ethereum Price Weekly Analysis: ETH/USD Facing Uphill Task Below $140

Key Highlights ETH price formed a decent support near $98 and recovered recently against the US Dollar. There is a major bearish trend line formed with resistance at $117 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to face a lot of hurdles near $117, $120, $$132 and $139 in the near term. Ethereum price remains in a bearish zone versus the US Dollar and Bitcoin. ETH/USD must clear the $117 and the $132 resistance to climb towards $165. Ethereum Price Analysis After a…

Ethereum Price Analysis: ETH/USD Holding Key Support At $112

Key Highlights ETH price corrected lower recently after forming a high near $125 against the US Dollar. There is a short term declining channel or flag formed with resistance at $120 on the hourly chart of ETH/USD (data feed via Kraken). The pair must break the $119 and $120 resistance levels to climb higher in the near term. Ethereum price is currently correcting against the US Dollar and bitcoin. ETH/USD must settle above $120 to resume its upside move above $124-125. Ethereum Price Analysis Yesterday, we saw a fresh weekly…

Ethereum Price Analysis: ETH/USD Turned Buy on Dips Near $112

Key Highlights ETH price climbed above $120 and traded towards the $125 resistance level against the US Dollar. There was a break below a connecting bullish trend line with support at $119 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains well supported on the downside near the $112 level and the 100 hourly SMA. Ethereum price climbed higher recently against the US Dollar and bitcoin. ETH/USD topped near $125 and later started a downside correction. Ethereum Price Analysis Recently, there was a positive break above…

Ethereum Price Analysis: ETH/USD Could Rebound In Short Term

Key Highlights ETH price retested the $100 support area and recovered slightly against the US Dollar. Yesterday’s important bearish trend line is intact with resistance at $110 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher in the short term towards the $114 and $118 resistance levels. Ethereum price is slowly moving higher against the US Dollar and bitcoin. ETH/USD could test the key $118 resistance area in the short term. Ethereum Price Analysis Yesterday, we saw a fresh decline below the $112 level…

ETH/USD Price Hover above $100, Risk of $38?

Latest Ethereum News Thing is, Ethereum is designed as a world’s super computer. It can work in isolation as a crowd funding and a dApp building platform where investors can get in via fiat-crypto on ramps as a means of direct investment in promising products. At the same time, companies can build their systems over Ethereum thanks to the underlying security and efforts by the team to solve scalability and further bolster the network security despite slumping ETH prices. But even in the midst of this bullish development as companies…

Ethereum Price Analysis: ETH/USD Resumes Decline Below $110

Key Highlights ETH price failed to break the $119 resistance level and later declined against the US Dollar. There is a crucial bearish trend line in place with resistance at $113 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to extend the current decline below the $105 and $102 support levels. Ethereum price failed to gain traction and declined against the US Dollar and bitcoin. ETH/USD could even break the $98 low and extend losses in the near term. Ethereum Price Analysis Yesterday, we…