Ethereum Needs to Surge Above 100 SMA; Ripple (XRP) is Ready to Move Below $0.18

ETH/USD Pair Price Analysis The ETH/USD pair declined steadily from $185 in the previous few sessions. It continued beneath the key $175 support as well as the 100 hourly SMA. It was able to test the $165 support zone and it is now consolidating losses. A look at the upside on the pair’s hourly chart shows the first barrier close to $173 which is the recent breakdown area. The initial major resistance is close to $175 since it is near the…

ETH is Likely To Move Towards $200 while XRP Is Ready $0.20 levels

ETH/USD Pair Price Analysis The ETH/USD pair incurred a steep increase over $165 and $175 barriers within the previous few days. The pair continued to the upside over $180 barrier and established itself over the 100 hourly SMA. It attained a fresh monthly high close to $188 prior to the beginning of a downside retracement. It incurred a retracement beneath $180, but the buyers defended the key $175 support zone. It appears that a powerful support base is being formed…

ETH Could Incur a Rally While XRP is Ready for one

ETH/USD Pair Price Analysis The ETH against the USD pair experienced a modest recovery over the barrier at $155 within the previous three sessions. The pair settled well over $155 pivot level as well as the 100 hourly SMA. As it continued to the upside, it was able to test the initial major barrier close to $160. Nevertheless, a look at the pair’s hourly chart shows two active declining trend lines in the week with barrier close to $160 and…

Ethereum Price Moving Towards a Major Resistance; XRP May Retrace To $0.165

ETH/USD Pair Price Analysis The ETH/USD pair was able to settle beneath $160 before it began a new bearish wave. This led to price levels beneath $155 into a short-term bearish area. The pair continued beneath $150 and established itself beneath the 100 hourly SMA, thereby attaining a fresh monthly low at $148. It started retracing after it broke the barrier at $152. Nevertheless, it is currently encountering some barriers close to area between $156 and $157. On the pair’s…

Risks of Bounce Increase for Ethereum; XRP is at Risk of a Huge Decline

ETH/USD Pair Analysis In recent times, the ETH/USD pair began a modest upsurge from the $150 support zone. The pair surged higher over the barriers at $155 and $160. A look at the pair’s hourly chart shows the formation of two major declining trend lines with barrier close to $161 and $165. The pair was able to form a swing high close to $163 and the pair fell heavily. The latest fall led to a break of the $150 support…

ETH May Test Levels Above $175; Possibility of Huge Decline For XRP

The $175 barrier mark was tested by the ETH/USD pair just before a subsequent minor correction. While the pair dropped below $170 as a result, it still was over $168. The latest high attained by the pair was close to $173 and it is now consolidating gains. Powerful support is however being formed at around $170. The hourly chart shows the formation of a key contracting triangle with the barrier near the $174 mark. If the ETH/USD pair can surge…

BTC Expects Further Gain Approaching $7.8k; XRP May Keep Rising

A downside dip began on the BTC/USD pair from its $7,447 monthly high. The price tested the $7k to $7.1k key demand area, having returned to the upside recently. Yesterday saw significant upswings over two barrier levels ($7k and $7.2k). Having cleared the $7.4k level, it was however can reach the $7.5k mark. While the pair broke the $7.2k support zone buyers protected the demand area between $7k and $7.1k and maintained over the 100 hourly SMA. The price has…

ETH Set For a Quick Rally as XRP Traders Keen on New Monthly High Above $0.20

Recently, the ETH/USD pair has tried to stabilize above the $145 barrier. However, it couldn't achieve that. It initially formed a swing high near the $ 146 level only to dip below $ 142. That notwithstanding both the Support at  $140 support and 100 hourly SMA protected decline. Currently, the pair is experiencing an upside and is over $142. Curtailed Gains Examining the pair's hourly chart indicates a surge over a crucial selling trend line with a barrier near $142.…

XRP Faces A Rally Possibility in The Short Term

The XRP/USD pair is still dropping and showing signs of even bigger downtrends to below $0.2650. The pair hit the $0.2240 support zone, but there is also a likelihood of positive retracement in the near term.  Recently, the asset dropped significantly from $0.265, breaking several support zones near $0.2500, and 0.2450 thus setting a short term plunging-trend.  Later the pair continued to break beneath the 0.2350 support and settled below the 100 hourly SMA. This severe drop led to a…

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