Ethereum Price Analysis: Parabolic Indicator Moves Above $2,722? But Can $2,300 Support Hold?

Ethereum Price Analysis: Parabolic Indicator Moves Above $2,722? But Can $2,300 Support Hold?

Ethereum price broke and consolidated below the $2,500 level on Tuesday, May 20, aligning with the tepid momentum in the broader crypto market. Key technical indicators shows that ETH price could be at risk of massive liquidations if the $2,300 support caves.  Ethereum (ETH) Halts Below $2,500 as Market Awaits Further Signals Ethereum (ETH) price stagnated below $2,500 on Tuesday, down 1.8% from its recent weekly high. According to CoinGecko, ET…

Ethereum Exhibits Positive Momentum Faces Crucial Test at $2,650 Resistance

Following the establishment of a support level at $2,320, Ethereum price has embarked on a fresh upward trend. The digital asset is currently demonstrating an increasing valuation and may target a breakout above the significant resistance area of $2,650. A period of decent appreciation for Ethereum began as it surpassed the $2,450 and $2,500 price points. The cryptocurrency is now trading above the $2,500 mark and holds a position over its 100-h…

Ethereum Price Flashes Bullish Signal, But Can It Power Through Obstacles? - Coin Surges

Ethereum price found support at $2,320 and started a fresh increase. ETH is now rising and might aim for a move above the $2,650 resistance zone. Ethereum started a decent increase above the $2,450 and $2,500 levels. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2,530 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gai…

Ethereum Price Flashes Bullish Signal, But Can It Power Through Obstacles?

Ethereum price found support at $2,320 and started a fresh increase. ETH is now rising and might aim for a move above the $2,650 resistance zone. Ethereum started a decent increase above the $2,450 and $2,500 levels. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $2,530 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gai…