• About
  • Landing Page
  • Buy JNews
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS
No Result
View All Result
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse
No Result
View All Result

Ethereum Prints Bearish Technical Sample, Why ETH Might Resume Downtrend

SB Crypto Guru News by SB Crypto Guru News
May 4, 2022
in Analysis
0 0
0
Ethereum Prints Bearish Technical Sample, Why ETH Might Resume Downtrend


Ethereum broke the $2,820 help to enter a bearish zone in opposition to the US Greenback. ETH stays at a threat of extra downsides under the $2,740 stage.

  • Ethereum began a recent decline after it didn’t clear the $2,880 zone.
  • The value is now buying and selling under $2,820 and the 100 hourly easy shifting common.
  • There was a break under a key rising channel with help close to $2,820 on the hourly chart of ETH/USD (information feed by way of Kraken).
  • The pair should clear the $2,800 and $2,820 resistance ranges to start out a restoration wave.

Ethereum Value Resumes Decline

Ethereum tried an upside break above the $2,900 resistance. Nonetheless, ETH struggled to clear the $2,880 stage and began a recent decline.

There was a break under the $2,850 and $2,820 help ranges. The value declined sharply under the 50% Fib retracement stage of the upward transfer from the $2,718 swing low to $2,881 excessive. There was additionally a break under a key rising channel with help close to $2,820 on the hourly chart of ETH/USD.

Ether worth is now buying and selling under $2,820 and the 100 hourly easy shifting common. It additionally examined the 76.4% Fib retracement stage of the upward transfer from the $2,718 swing low to $2,881 excessive.

The value is now consolidating close to the $2,790 stage. On the upside, an preliminary resistance is seen close to the $2,800 stage and a connecting bearish pattern line on the identical chart. The subsequent main resistance is close to the $2,820 stage and the 100 hourly easy shifting common.

Ethereum Price

Supply: ETHUSD on TradingView.com

A transparent transfer above the $2,820 resistance may begin a gradual upward transfer. Within the said case, ether worth may rise in the direction of the $2,880 resistance. Any extra good points could maybe open the doorways for a transfer above $2,920.

Extra Losses in ETH?

If ethereum fails to realize tempo above the $2,820 resistance, it may proceed to maneuver down. An preliminary help on the draw back is close to the $2,750 zone.

The subsequent main help is close to the $2,720 stage. If there’s a draw back break under the $2,220 help, the worth may achieve bearish momentum. Within the said case, there’s a threat of a transfer in the direction of the $2,600 stage.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is now shedding tempo within the bearish zone.

Hourly RSI – The RSI for ETH/USD is under the 50 stage.

Main Help Degree – $2,720

Main Resistance Degree – $2,820



Source link

Tags: BearishBitcoin NewsCrypto NewsCrypto UpdatesDowntrendETHethereumLatest News on CryptoPatternPrintsResumeSB Crypto Guru NewsTechnical
Previous Post

The Nightly Mint: Every day NFT Recap

Next Post

Crypto Media Decrypt Secures $10m for Additional Editorial Progress

Next Post
Crypto Media Decrypt Secures m for Additional Editorial Progress

Crypto Media Decrypt Secures $10m for Additional Editorial Progress

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

  • Trending
  • Comments
  • Latest
NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

NFT Rarity API – How to Get an NFT’s Rarity Ranking – Moralis Web3

September 6, 2024
AI & Immersive Learning: Accelerating Skill Development with AI and XR

AI & Immersive Learning: Accelerating Skill Development with AI and XR

June 4, 2025
The Metaverse is Coming Back! – According to Meta

The Metaverse is Coming Back! – According to Meta

February 7, 2025
How to Get Token Prices with an RPC Node – Moralis Web3

How to Get Token Prices with an RPC Node – Moralis Web3

September 3, 2024
Meta Pumps a Further  Million into Horizon Metaverse

Meta Pumps a Further $50 Million into Horizon Metaverse

February 24, 2025
Blockchain Address Labeling API – Identify Blockchain Address Owners – Moralis Web3

Blockchain Address Labeling API – Identify Blockchain Address Owners – Moralis Web3

August 22, 2024
New Zealand to Ban Crypto ATMs to Curb Money Laundering

New Zealand to Ban Crypto ATMs to Curb Money Laundering

0
Circle and OKX Join Forces to Boost USDC Liquidity for 60 Million Users

Circle and OKX Join Forces to Boost USDC Liquidity for 60 Million Users

0
Your weekly dose of wonder: introducing The Specialist, a new podcast by Sotheby’s – The Art Newspaper

Your weekly dose of wonder: introducing The Specialist, a new podcast by Sotheby’s – The Art Newspaper

0
Trump Media Files For Crypto ETF To Include XRP, SOL, CRO

Trump Media Files For Crypto ETF To Include XRP, SOL, CRO

0
The Graph Brings Real Time Data Streaming to TRON, Providing Builders With Advanced Blockchain Insights

The Graph Brings Real Time Data Streaming to TRON, Providing Builders With Advanced Blockchain Insights

0
Crypto Hackers Drain ,000,000 From Decentralized Perps Exchange GMX, Sends Funds to Unknown Wallet: Report

Crypto Hackers Drain $42,000,000 From Decentralized Perps Exchange GMX, Sends Funds to Unknown Wallet: Report

0
Circle and OKX Join Forces to Boost USDC Liquidity for 60 Million Users

Circle and OKX Join Forces to Boost USDC Liquidity for 60 Million Users

July 9, 2025
The Graph Brings Real Time Data Streaming to TRON, Providing Builders With Advanced Blockchain Insights

The Graph Brings Real Time Data Streaming to TRON, Providing Builders With Advanced Blockchain Insights

July 9, 2025
Crypto Hackers Drain ,000,000 From Decentralized Perps Exchange GMX, Sends Funds to Unknown Wallet: Report

Crypto Hackers Drain $42,000,000 From Decentralized Perps Exchange GMX, Sends Funds to Unknown Wallet: Report

July 9, 2025
Your weekly dose of wonder: introducing The Specialist, a new podcast by Sotheby’s – The Art Newspaper

Your weekly dose of wonder: introducing The Specialist, a new podcast by Sotheby’s – The Art Newspaper

July 9, 2025
Why Surcharging Is a Bad Move For Small Businesses — and What to Do Instead

Why Surcharging Is a Bad Move For Small Businesses — and What to Do Instead

July 9, 2025
30% Discount on Most Colors for Ledger’s Nano S Plus and Nano X Until July 15

30% Discount on Most Colors for Ledger’s Nano S Plus and Nano X Until July 15

July 9, 2025
SB Crypto Guru News- latest crypto news, NFTs, DEFI, Web3, Metaverse

Find the latest Bitcoin, Ethereum, blockchain, crypto, Business, Fintech News, interviews, and price analysis at SB Crypto Guru News.

CATEGORIES

  • Altcoin
  • Analysis
  • Bitcoin
  • Blockchain
  • Crypto Exchanges
  • Crypto Updates
  • DeFi
  • Ethereum
  • Metaverse
  • Mining
  • NFT
  • Regulations
  • Scam Alert
  • Uncategorized
  • Web3

SITE MAP

  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us
  • Disclaimer
  • Privacy Policy
  • DMCA
  • Cookie Privacy Policy
  • Terms and Conditions
  • Contact us

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • HOME
  • BITCOIN
  • CRYPTO UPDATES
    • GENERAL
    • ALTCOINS
    • ETHEREUM
    • CRYPTO EXCHANGES
    • CRYPTO MINING
  • BLOCKCHAIN
  • NFT
  • DEFI
  • WEB3
  • METAVERSE
  • REGULATIONS
  • SCAM ALERT
  • ANALYSIS

© 2025 JNews - Premium WordPress news & magazine theme by Jegtheme.