Ethereum has buckled under the prevailing bearish, as the second-largest cryptocurrency finally loses the $3,000 psychological mark on Monday. ETH tapped the $2,900 low, a new monthly low, in the Asian session on Monday, opening the door to a $2,750 potential slump.
Unless we see a return above the $3,000 mark in the near term, ETH could record a bearish...
Hello everyone,
We have formed a nice channel that we bounced from with a nice doubble bottom, that has the same pattern as Bitcoin.
If the move holds, we are heading up for the first resistance and possible breaking new highs.
Cheers!
in coordination with my BTC dom chart, we are expecting BTC to rise up slightly which would cause ether to fall.
As demonstrated by the arrow I believe a retest of the support will be held and possible which to the 50MA but ultimately will out perform BTC.
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Ethereum price faces rejection at $228, tumbles to seek support at $220.
ETH/USD is in grave danger of losses to $200 as long as it stays under the ascending channel support.
Ethereum price corrected below critical ascending channel support last week. This poked massive holes in the mission of pulling the price above $250. Instead, Ether continues with the...
Technical analysis:
. LISK/ETHEREUM is in a range bound and the beginning of uptrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 49.
. While the RSI downtrend and the price downtrend in the daily chart are not broken, bearish wave in price would continue.
Trading suggestion:
. There is a...
