January 29, 2024

Ethereum Advances but Encounters Resistance Near $2,300

Ethereum Price Long-Term Analysis: BearishEthereum’s (ETH) price has recovered above the $2,168 support but encounters resistance near $2,300. For the past week, selling pressure has abated, and the cryptocurrency’s price has been consolidating above the existing support. In addition, E...

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January 22, 2024

Ethereum Stalls above $2,430 as It Reaches Overbought Conditions

Ethereum Price Long-Term Analysis: BullishEthereum’s (ETH) remains above the moving average lines as it reaches overbought conditions. On January 18, the altcoin fell above $2,428 and then consolidated above it. Price movement has stalled due to the development of Doji candlesticks above the ...

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January 19, 2024

Ethereum Hovers above $2,400 as It Resumes Its Bullish Ascent

Ethereum Price Long-Term Analysis: BullishEthereum’s (ETH) price is in a sideways move but resumes its bullish ascent. Ether retraced and commenced a sideways move below the $2,600 high. Presently, Ether is in a tight range between $2,400 and $2,600 price levels. Today, Ether is trading at $2,531 a...

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January 10, 2024

Ethereum Is in a Horizontal Trend as It Trades above $2,200 Level

Ethereum Price Long-Term Analysis: BullishThe price of Ethereum (ETH) rises and crosses above the 21-day SMA as it trades above the $2,200 level. Ether’s price has been stuck between the moving average lines since the market collapse on January 3. Ether surged to a high of $2,359 on January 8...

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December 20, 2023

Ethereum Hovers Above $2,000 as Bears Pose a Threat to Short

Ethereum Price Long-Term Analysis: BearishThe price of Ethereum (ETH) may resume selling pressure as bears pose a threat to short. The present rally has come to an end as Ether has been rejected twice at the recent high. The largest altcoin is now trading below the 21-day SMA but above the 50-day S...

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December 12, 2023

Ethereum Weathers Its Drop by Remaining above $2,200

Ethereum Price Long-Term Analysis: BullishThe price of Ethereum (ETH) is dropping above the 21-day SMA as it weathers its drop. A drop below the 21-day simple moving average would have ended the uptrend. The bearish momentum will extend to a low above the 50-day simple moving average or the $1,980 ...

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December 05, 2023

Ethereum Continues Its Positive Moves as It Hits the $2,310 High

Ethereum Price Long-Term Analysis: BullishThe price of Ethereum (ETH) has continued to rise as it hits the $2,310 high. The upward trend will continue if the altcoin retraces above the moving average lines or the breakthrough level. The uptrend is not over, as price indicators indicate that the cry...

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November 27, 2023

Ethereum Is in a Narrow Range as a Price Breakout or Crash Is Imminent

Ethereum Price Long-Term Analysis: BullishSince November 22, the price of Ethereum (ETH) has remained above the $2,000 support as a price breakout or crash is imminent. Buyers, on the other hand, have made three unsuccessful attempts to keep the price above the $2,120 high. Ether has created a new ...

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November 21, 2023

Ethereum’s Recent Breach Above $2,000 Subsides as It Hovers above It

Ethereum Price Long-Term Analysis: BullishThe price of Ethereum (ETH) surpasses the $2,000 psychological price barrier but hovers above it. Buyers are successful because they reclaim the critical support for $2,000. The largest altcoin has the advantage of reaching past highs. However, as it approa...

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