Ethereum Price (ETH) Recovery Could Face Hurdles Near $190-$195

ETH price declined to a new monthly low at $173 and recently recovered against the US Dollar. There was a break above the $180 and $182 resistance levels. This week’s followed major bearish trend line is in place with resistance near $202 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to face a strong resistance near the $190 and $195 levels. Ethereum price is currently recovering from new lows versus the US Dollar, while struggling vs bitcoin price. ETH price might continue to slide…

Ethereum Price (ETH) Tumbles 10%, Following Bitcoin’s Footsteps

ETH price started a strong decline after it failed to surpass the $210 resistance against the US Dollar. There was a break below the key $200 and $190 support levels. Yesterday’s highlighted key bearish trend line is intact with resistance near $206 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently consolidating losses above $185 and remains at a risk of more downsides. Ethereum price is down more than 10% versus the US Dollar, following bitcoin price slide. ETH price is now trading in a…

Ethereum Price (ETH) Holding $200 While Bitcoin Dived 6%

ETH price is struggling to correct higher above the $215 resistance against the US Dollar. Ethereum price is still holding the $200 support, while bitcoin declined 6% to trade below $11,000. There is a major bearish trend line forming with resistance near $208 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more downsides unless it breaks the $215 and $220 resistance levels. Ethereum price is holding the key $200 support versus the US Dollar, whereas recovering vs bitcoin. ETH price might…

Ethereum Price (ETH) Resumes Decline, Bears Eye Fresh Lows

ETH price failed to surpass the key $215 resistance area and declined again against the US Dollar. Ethereum price is now trading below the $214 level with a bearish angle. Yesterday’s highlighted key ascending channel with support near $213 was breached on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to extend its decline towards the $200 support area in the near term. Ethereum price is trading in a bearish zone versus the US Dollar and bitcoin. ETH price could continue to slide and it…

Ethereum Classic Name Change Would Get Other Cryptos ‘Rekt,’ Says Dev

Ethereum Classic Labs’ Stevan Lohja says that many top cryptos would be “rekt” by Ethereum Classic (ETC) if it removed “Ethereum” from its name. In a tweet posted on Aug. 11, Lohja — who works as technology coordinator at Ethereum Classic Labs — wrote: “Opinion: Many #cryptocurrency in the top market cap would be absolutely #Rekt by #EthereumClassic if we removed #Ethereum from the brand. I know we are original Ethereum project, but maybe this can be water cooler chatter at summit eh?” Classic X As Cointelegraph has previously reported,…

Ethereum Price (ETH) Near Inflection Point With Bearish Angle

ETH price started a short term upside correction from the $201 low against the US Dollar. Ethereum price is currently trading near the key $215 resistance area and is showing bearish signs. There is a key ascending channel forming with support near $212 on the hourly chart of ETH/USD (data feed via Kraken). The pair could either continue to rise above the $215 resistance or it might resume its downward move. Ethereum price is trading near a major resistance versus the US Dollar and bitcoin. ETH price is likely to…

Ethereum Price Weekly Forecast: ETH Could Rise While BTC Struggles

ETH price failed to climb above the $240 resistance and declined against the US Dollar. The price declined below the key $220 support level, which may now act as a resistance. There is a major bearish trend line forming with resistance near $214 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could either climb back towards the $220 resistance or it might slide back to $200. Ethereum price is currently attempting an upside break against the US Dollar, and recovering vs bitcoin. ETH price might rise…

Ethereum Price (ETH) Remains At Risk Of More Downsides Below $215

ETH price struggled to climb higher and declined below the key $224 support against the US Dollar. Ethereum price is currently trading in a bearish zone and it even tested the $215 support area. There is a major declining channel forming with resistance near $221 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to face a strong resistance near the $220 and $222 levels in the near term. Ethereum price is trading with a bearish angle versus the US Dollar and bitcoin. ETH price…

Ethereum Price (ETH) Struggling While Bitcoin Is Up 4%

ETH price failed to break the $230 resistance area and declined recently against the US Dollar. The price is currently traded above the main supports near the $222 and $224 levels. There is a key bullish trend line forming with support near $222 on the hourly chart of ETH/USD (data feed via Kraken). The pair might start a decent upward move as long as it is above the $220 support. Ethereum price is currently consolidating above $220 versus the US Dollar, while bitcoin is up 4%. ETH price must stay…

Ethereum Price (ETH) Holding Uptrend Support, Bulls In Control

ETH price traded to a new monthly high close to $240 before correcting lower against the US Dollar. The price is currently holding an important support near the $222 and $224 levels. Yesterday’s highlighted important bullish trend line is active with support near $224 on the hourly chart of ETH/USD (data feed via Kraken). The pair could bounce back as long as there is no daily close below the $220 support area. Ethereum price is trading above a couple of important supports versus the US Dollar, and bitcoin retreated from…