Bitcoin price failed to stay above the USD 63,000 level and it extended its downside correction. The main hurdle is now forming near USD 1,800, above which the price could rise towards the USD 1,850 level. By. Ethereum continues to print new highs and it is likely that this will continue with little in the way of any resistance around at the moment. DOGE surged over 130% and it even broke the USD 0.30 level. Above the current price, the first resistance level is at 0.03163, then the second at 0.0332 and the third at 0.03505. Ether price rallied to $2,200 high. Whales are accumulating non-stop, which hints at their interest in ETH at current price levels. Ethereum Breaks Minor Resistance Levels, Faces Rejection at $1,800 Resistance Zone. BTC traded below the USD 62,000 and USD 61,200 support levels. Ethereum has seen some mixed price action as of late, with the cryptocurrency mainly taking its cues from Bitcoin ; This has caused it to struggle to gain any serious momentum, with its price being stuck within the mid-$1,200 region … 68. The second-largest cryptocurrency after Bitcoin broke above $1,475, a level that capped ETH/USD from extending its uptrend all across January. Yesterday, at 8 pm on March 7, a long green candlestick was formed and it successfully broke through the strong resistance level of $1,682. Bitcoin price is consolidating below the USD 55,500 resistance level. The pair is likely to continue higher towards the $2,400 and $2,420 levels in the near term. Weekly indicators have not yet shown any weakness, suggesting that the bullish trend is expected to continue. Ethereum broke through the day’s major resistance levels to visit $1,000 levels for the first time. At that price level, Ethereum would have fallen into the previous range bound zone of $1,160 and $1.280. At the time of writing, Ethereum is trading up just over 2% at its current price of $470. Where ETH trends in the near-term should depend largely on BTC and the rest of the crypto market, but its inability to flip one key resistance level into support could foretell further downside. Breaking through this crucial price hurdle could be devastating for the Ethereum bulls. BTC rejected in the mid-$36,000 region, while Ethereum rejected at $1,160. In the previous price action, on April 10, buyers broke the resistance level but the bullish momentum could not be sustained as price fell back to the range-bound zone. Facebook. Key Resistance Levels: $480, $1500, $1530. Ethereum started a fresh decline below the $1,550 and $1,500 support levels. The price is now trading well above $2,250 and the 100 hourly simple moving average. ETH even surpassed the USD 1,750 resistance and it is now showing positive signs. Throughout mid-September, Ethereum (ETH) was making dramatic moves against Bitcoin. Ethereum is struggling to clear USD 1,710 and USD 1,720, XRP corrected lower to USD 0.560. Bitcoin, Ethereum, and other large-cap cryptocurrencies saw a mixed weekend as price action remained choppy after Friday.However, some altcoins put on big numbers for holders. The biggest altcoin will resume an upward move after the minor retracement. One trader explained in a recent tweet that Ethereum is about to post a break above a key BTC resistance level that he has been closely watching. The ETH price soared to an all-time high of $2,192, which is slightly below the important psychological level of $2,200. Published. Ethereum is gaining pace above the $2,200 and $2,250 resistance levels. It is worth noting that as long as the $1,420 support holds, the odds for a rebound will remain high. In spite of a late pullback, Ethereum avoided the third major resistance level at $907.89. The Ethereum price rallied during the weekend as interest in digital currencies kept rising. Ethereum price also followed bitcoin and it broke the USD 1,720 resistance level. Ethereum would need to move through the pivot level at $2,147 to support a run at the first major resistance level at $2,191. The Ethereum price had broken the upper resistance recently, failed to break the strong resistance levels around $1858. There is a major bearish trend line forming with resistance near $1,560 on the hourly chart of ETH/USD (data feed via Kraken). WhatsApp. This has caused most altcoins to also plunge lower in tandem. ETH price is correcting gains, but it is likely to find bids near $1,725. 17/01/2021. One trader shared the chart below right before the move lower, showing that ETH was once again rubbing up against a level of technical importance. Twitter. Ethereum price closed well above the MRI’s breakout line at $2,345, suggesting a massive bullish momentum in play. ETH price is currently trading well below $1,800 and the 55 simple moving average (4-hours). Ethereum price needs to crack this key resistance level On the 4-hour chart, Ethereum seems to have formed a cup and handle pattern which as the name indicates, resembles a teacup. Bitcoin price is still trading below the USD 60,800 and USD 61,000 resistance levels. TFUEL is still showing positive signs above USD 0.480, THETA settled above USD 10.00 Ethereum Is Reaching a Do or Die Level—and It Just Rejected.