Ethereum price is struggling to gain strength above $2,100. ETH is consolidating above $2,000 and might start a fresh surge if it clears $2,100.
- Ethereum is showing positive signs above the $2,000 support zone.
- The price is trading above $2,010 and the 100-hourly Simple Moving Average.
- There is a connecting bearish trend line forming with resistance near $2,090 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could start a fresh increase if it clears the $2,100 resistance zone in the near term.
Ethereum Price Remains In Uptrend
After forming a base, Ethereum price made another attempt to clear the $2,100 resistance. However, ETH failed to gain bullish momentum and trimmed all gains, like Bitcoin.
There was a move below the $2,050 level and the price spiked below the 100-hourly Simple Moving Average. However, the bulls were active above the $2,030 level. A low is formed near $2,031 and the price is now moving higher.
Ethereum is now trading above $2,040 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $2,075 level or the 50% Fib retracement level of the recent decline from the $2,118 swing high to the $2,031 low.
The next major resistance sits at $2,100. There is also a connecting bearish trend line forming with resistance near $2,090 on the hourly chart of ETH/USD.
Source: ETHUSD on TradingView.com
A close above the trend line and $2,100 could send the price further higher toward the $2,150 zone. The next key resistance is near $2,220, above which the price could aim for a move toward the $2,300 level. Any more gains could start a wave toward the $2,450 level.
Another Bearish Wave in ETH?
If Ethereum fails to clear the $2,100 resistance, it could start a fresh decline. Initial support on the downside is near the $2,030 level and the 100-hourly Simple Moving Average.
The next key support is $2,000. A downside break below the $2,000 support might start a sharp decline. In the stated case, Ether could drop toward the $1,930 support zone in the near term. Any more losses might call for a drop toward the $1,850 level.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone.
Hourly RSI – The RSI for ETH/USD is now below the 50 level.
Major Support Level – $2,000
Major Resistance Level – $2,100
Ethereum price is struggling to gain strength above $2,100. ETH is consolidating above $2,000 and might start a fresh surge if it clears $2,100.
- Ethereum is showing positive signs above the $2,000 support zone.
- The price is trading above $2,010 and the 100-hourly Simple Moving Average.
- There is a connecting bearish trend line forming with resistance near $2,090 on the hourly chart of ETH/USD (data feed via Kraken).
- The pair could start a fresh increase if it clears the $2,100 resistance zone in the near term.
Ethereum Price Remains In Uptrend
After forming a base, Ethereum price made another attempt to clear the $2,100 resistance. However, ETH failed to gain bullish momentum and trimmed all gains, like Bitcoin.
There was a move below the $2,050 level and the price spiked below the 100-hourly Simple Moving Average. However, the bulls were active above the $2,030 level. A low is formed near $2,031 and the price is now moving higher.
Ethereum is now trading above $2,040 and the 100-hourly Simple Moving Average. On the upside, the price is facing resistance near the $2,075 level or the 50% Fib retracement level of the recent decline from the $2,118 swing high to the $2,031 low.
The next major resistance sits at $2,100. There is also a connecting bearish trend line forming with resistance near $2,090 on the hourly chart of ETH/USD.
Source: ETHUSD on TradingView.com
A close above the trend line and $2,100 could send the price further higher toward the $2,150 zone. The next key resistance is near $2,220, above which the price could aim for a move toward the $2,300 level. Any more gains could start a wave toward the $2,450 level.
Another Bearish Wave in ETH?
If Ethereum fails to clear the $2,100 resistance, it could start a fresh decline. Initial support on the downside is near the $2,030 level and the 100-hourly Simple Moving Average.
The next key support is $2,000. A downside break below the $2,000 support might start a sharp decline. In the stated case, Ether could drop toward the $1,930 support zone in the near term. Any more losses might call for a drop toward the $1,850 level.
Technical Indicators
Hourly MACD – The MACD for ETH/USD is losing momentum in the bearish zone.
Hourly RSI – The RSI for ETH/USD is now below the 50 level.
Major Support Level – $2,000
Major Resistance Level – $2,100
generic clomiphene c10m1d buying clomid price can i purchase clomiphene online buy cheap clomid no prescription clomid for sale get generic clomiphene pills where can i get cheap clomiphene
Good blog you possess here.. It’s severely to on great status article like yours these days. I really recognize individuals like you! Take guardianship!!
This is the stripe of content I get high on reading.
purchase zithromax sale – order tindamax 500mg generic buy flagyl 200mg
rybelsus 14 mg canada – periactin oral purchase cyproheptadine for sale
domperidone pill – order tetracycline 500mg for sale buy cyclobenzaprine without prescription
order inderal 20mg generic – buy generic inderal online methotrexate 2.5mg sale
where to buy amoxicillin without a prescription – buy generic amoxil ipratropium 100 mcg ca
generic azithromycin 250mg – tindamax pills buy nebivolol sale
amoxiclav online buy – atbioinfo.com how to get acillin without a prescription
buy nexium 20mg generic – https://anexamate.com/ buy nexium 20mg for sale
coumadin 5mg sale – https://coumamide.com/ losartan 50mg ca
buy mobic 7.5mg without prescription – moboxsin order mobic
order prednisone 40mg online – https://apreplson.com/ buy prednisone 20mg generic
gnc ed pills – https://fastedtotake.com/ top ed drugs
cost amoxil – amoxil ca purchase amoxil sale
buy fluconazole paypal – https://gpdifluca.com/ buy diflucan 200mg pill
cenforce over the counter – order cenforce 50mg online cheap generic cenforce
prescription for cialis – https://ciltadgn.com/ cheapest 10mg cialis
tadalafil tamsulosin combination – this no prescription cialis
ranitidine 300mg price – zantac 300mg uk cheap ranitidine 150mg
Thanks on putting this up. It’s evidently done. clomid hombres
This is the kind of writing I positively appreciate. https://buyfastonl.com/
More text pieces like this would urge the web better. https://ursxdol.com/levitra-vardenafil-online/
The thoroughness in this section is noteworthy. https://prohnrg.com/product/loratadine-10-mg-tablets/
This is the make of enter I recoup helpful. https://aranitidine.com/fr/acheter-cialis-5mg/
This website positively has all of the low-down and facts I needed about this case and didn’t know who to ask. https://ondactone.com/product/domperidone/
Greetings! Very useful suggestion within this article! It’s the crumb changes which choice espy the largest changes. Thanks a portion quest of sharing!
https://proisotrepl.com/product/methotrexate/
More delight pieces like this would create the интернет better. http://www.fujiapuerbbs.com/home.php?mod=space&uid=3616668
dapagliflozin usa – generic forxiga 10mg forxiga 10 mg drug
buy orlistat without a prescription – https://asacostat.com/# orlistat brand
Schedule-friendly service perfection, work-life balance restored. Lifestyle enhancement achieved. Schedule heroes.