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Ethereum (ETH) Price Analysis: Ether Resumes Downtrend, Unable To Sustain Above The $2,400 High

Key HighlightsEthereum faces rejection twice at the $2,600 resistanceEther resumes downtrend breaks 21-day SMA Ethereum ETH) Current StatisticsThe current price: $2,193.03Market Capitalization: $253,577,098,826Trading Volume: $29,915,500,106Major supply zones: $2,000, $2,200, $2,400Major demand zones: $1,800, $51,600, $1,400 Ethereum (ETH) Price Analysis April 25, 2021 Ethereum’s uptrend is facing rejection at the $2,600 resistance zone. On April 15, […]

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GBP/JPY Reaches Bearish Exhaustion, May Reverse At Level 149.53

Key Resistance Levels: 150.000, 152.000, 154.000Key Support Levels: 146.000, 144.000, 142.000 GBP/JPY Price Long-term Trend: BearishYesterday, the currency price broke the 21-day and 50-day SMAs. GBP/JPY is in a bearish trend zone. The implication is that the Pound is likely to further depreciate on the downside. However, there are bullish signals above level 149.00 support […]

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Polkadot (DOT) Slumps Further After The Formation Of Bearish Double Top Pattern

Key Resistance Levels: $60, $62, $64Key Support Levels: $40,$38,$36 Polkadot (DOT) Price Long-term Trend: RangingPolkadot’s price is in a downward move after buyers retested the $48 overhead resistance. The retesting of the overhead resistance on April 5 and 18, suggests the formation of a bearish double top pattern. This bearish double top pattern will cause […]

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AUDUSD Stays Mixed in a Tight Range Ahead of US Fundamentals

AUDUSD Price Analysis – April 22 Although gliding into a sideways market within the 0.7700 range, the AUDUSD clings to former trading zones aimlessly. Later in the session, the weekly Initial Jobless Claims report from the US Department of Labor will be scrutinized for additional catalysts. Key LevelsResistance Levels: 0.8000, 0.7850, 0.7800Support Levels: 0.7700, 0.7650, […]

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