Ethereum Price Weekly Forecast: ETH Could Climb Above $200

ETH price declined heavily below the key $200 and $190 support levels against the US Dollar. The price is currently consolidating losses after trading as low as $174. There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could start a strong upward move once it breaks the $195 and $200 resistance levels. Ethereum price is currently consolidating losses against the US Dollar and bitcoin. ETH price could either climb above $195 and $200 or it…

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…

Ripple Price (XRP) Decline Could Accelerate: BTC and ETH Weakens Further

Ripple price declined sharply after it broke the key $0.2900 support area against the US dollar. The price is down more than 10% and even tumbled to test the $0.2350 level. A short term breakout pattern is forming with resistance near $0.2685 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to accelerate its decline once it breaks the $0.2580 and $0.2500 support levels. Ripple price is down and out against the US Dollar and bitcoin. XRP price is now trading in a…

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…

Ripple Price (XRP) Could Recover While BTC and ETH Facing Hurdles

Ripple price started an upside correction after trading to a new monthly low at $0.2897 against the US dollar. The price is trading above the $0.3000 level, with a few positive signs. There was a break above a crucial bearish trend line with resistance near $0.2990 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair is likely to continue higher once it breaks the $0.3060-$0.3075 resistance area. Ripple price is currently correcting losses against the US Dollar, while bitcoin is facing hurdles. XRP price could…