After a mixed start to the week, Ethereum is eyeing a return to $180 levels to bring major resistance levels into play later in the week.
It was quite a week for the cryptomarket as the bulls took control going into the 2nd quarter. The week ahead will define what lies ahead for the majors.
It’s a bearish start to the week for the majors. Following a mixed bag last week, failure to move through to key levels could weigh heavily this week.
It’s into the red for Ethereum, with a move back through to $137.50 levels needed to signal a pre-weekend rebound. The bias remains in favor of the downside mid-week.
After a strong set of gains last week and a broad-based crypto rally on Saturday, its a sea of red early on. Holding onto key levels will be needed to support further gains in the week ahead.
Binance bucked the trend last week but struggles in the early hours of this morning. Moves through the day could well define the week.
Ethereum holds onto gains in the week, though sentiment would need to improve to avoid a return to sub-$130 levels.
The bulls are in town and, after a solid week of gains, holding onto key levels would support more near-term upside.
The bulls are in control, but with a choppy Tuesday, a hold onto $140 levels will be key to avoiding a reversal.
Following a mixed week last week, a bearish start to the week could weigh should the majors fall below key levels.
Tron led the way in what was a relatively bearish week last week and things have not got much better for the broader market at the start of this week… More losses or a rebound on the cards?
Can increased adoption across a number of the crypto majors restore some faith in the broader market and deliver the beginnings of a recovery?
It’s a bearish start to the week for the majors, a recovery by mid-week needed to avoid heavier losses and slide through the week’s major support levels.
There’s upward momentum mid-week, with Ethereum needing a move back through to $140 levels to support a run at $160 later in the week.
It was another weekly loss, but this morning could deliver a much-needed boost, holding onto key levels at the start of the week key to avoiding another week of heavy losses.
Following some heavy losses last week, the majors are back in the red at the start of the week, leaving the bears firmly in the driving seat as the year comes to a close.
Key HighlightsEthereum slid by 17.45% on Monday, following on from last week’s 16.14% fall, to end the day at $145.21A start of a day intraday high $175.92 fell short of the first major resistance level at $180.A slide to a late in the day intraday low and new swing low
Bitcoin was bullish for the majority of last week, hitting new monthly high’s on optimism for more institutional investments, but it returned some of its recent gains on regulatory jitters. The SEC reportedly ended its public comment period on Bitcoin ETF applications, which suggests that a decision could be announced