Ethereum Price Analysis: Stop Hunting Pushes ETH Into Bearish Zone

ETH price failed to break the $139 resistance and declined sharply against the US Dollar. The price broke the key $134 support level to enter a bearish zone. A new connecting bearish trend line is formed with resistance at $139 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to struggle near the $135 and $136 levels if it corrects higher in the near term. Ethereum price declined sharply below key supports against the US Dollar and bitcoin. ETH settled below $136 and the 100…

Ripple (XRP) Price Facing Hurdles While Bitcoin, Ethereum Turn North

Ripple price formed a decent support near the $0.3100 level and moved higher against the US dollar. The price broke the $0.3150 resistance, but upsides remain capped near the $0.3200 level. There was a break above a key bearish trend line with resistance at $0.3145 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair faced a strong resistance near $0.3200 and it corrected towards the $0.3150 support. Ripple price failed to hold gains against the US Dollar, but upsides were limited versus bitcoin. XRP/USD is…

Ethereum Price Analysis: ETH Turning Bullish, Targets Fresh Weekly Highs

ETH price gained traction and surpassed the key $138 resistance level against the US Dollar. The price formed a strong support near the $136 level before climbing above $138. This week’s major bearish trend line was breached with resistance near $138 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now trading nicely above the trend line and eyeing more gains above $140 and $142. Ethereum price slowly moved above key resistances against the US Dollar and bitcoin. ETH could continue to move higher towards the…

Ethereum (ETH) Disputations, Code Isn’t Law Insists Vlad

Ethereum prices stable but bullish Code is Law a misnomer insists Vlad Zamfir of Casper Labs Transaction volumes low but poised to expand as prices expand After penning an article critiquing Szabo’s law, Vlad is clearly of the opinion that there ought to be an element of human participation within the Ethereum governance model. Nonetheless, Ethereum (ETH) prices are stable, and after three days of consolidation, it is likely that prices will edge higher with targets at $170. Ethereum Price Analysis Fundamentals Public blockchains are inherently fractious and often factions…

Ethereum Price Analysis: ETH Trading Near Crucial Juncture

ETH price continues to face a strong resistance near the $138 and $140 levels against the US Dollar. The price failed to gain strength above the $139 level and remained below the $140 pivot. Yesterday’s key bearish trend line is intact with resistance near $138 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of a sharp decline towards the $133 support before it could bounce back. Ethereum price is trading below important resistances against the US Dollar and bitcoin. ETH must break…

Ethereum (ETH) A Strong Buy According to Joseph Lubin of Consensys

Ethereum prices bullish above $135 Joseph Lubin expects prices to rally Volumes low, dropped by half in the last week Weeks after retrenching staff, Consensys CEO is confident that ETH prices will surge 1000X. This is partly thanks to the launching of Ethereum 2.0 and prospects of dealing with scalability. Therefore, that means there is a huge Ethereum (ETH) undervaluation. Ethereum Price Analysis Fundamentals Consensys is the Brooklyn-based software-production studio that is backed by Joseph Lubin. Joseph is one of the top contributors of Ethereum. Months after announcing plans of…

Ethereum Price Analysis: ETH Turned Vulnerable Below $140

ETH price failed to climb above the $140-141 resistance area and declined against the US Dollar. The price even broke the $137 support level and traded to a new weekly low near $135. This is a major bearish trend line formed with resistance at $140 on the hourly chart of ETH/USD (data feed via Kraken). The pair may extend the current downside correction if it fails to surpass the $140 resistance area. Ethereum price is slowly moving into a bearish zone against the US Dollar and bitcoin. ETH is now…

Ethereum Price Analysis: ETH Targets New Monthly High

ETH price corrected lower and tested the $136-137 support area against the US Dollar. The price is currently recovering and it may continue to rise above $141 and $144 in the near term. This was a break above a key contracting triangle with resistance near $139 on the hourly chart of ETH/USD (data feed via Kraken). The pair needs to climb above the $144 resistance area to trade to a new monthly high. Ethereum price is trading with a positive bias against the US Dollar and bitcoin. ETH could extend…

Ethereum Price Weekly Analysis: ETH Primed For Further Gains

ETH price broke a major resistance area near $133-134 to climb higher against the US Dollar. The price settled above the key $134 resistance to move into a positive zone. There was a break above a major contracting triangle with resistance at $133 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is currently correcting lower, but it is likely to find a strong buying interest near $134. Ethereum price is trading with a bullish bias versus the US Dollar and Bitcoin. ETH/USD climbed towards $144 and…

Ethereum Price Analysis: ETH Bulls Are Back, $150 Could Be Next

ETH price broke a few important resistance levels near the $134 level against the US Dollar. The price gained traction and settled above the $134 and $136 resistance levels. This was a break above a few continuation patterns near $133 and $136 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading near the $139 resistance and it could continue to trade higher in the near term. Ethereum price is gaining bullish momentum against the US Dollar and bitcoin. ETH is likely to break the…