21-02-2017
05:30 am
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Category: Opinion

Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Just Broke Support? No Comments

Key Highlights ETH price made a downside move and broke a short-term support area at $12.40 against the US Dollar. The range support trend line at $12.54 was also broken on the hourly chart of ETH/USD (data feed via SimpleFX). The pair traded as low as $12.07 where it found support and recovered sharply. Ethereum price made a downside move below $12.40 against the US Dollar, but late...


Cryptocurrency Trading Techniques for Novices No Comments

Bitcoin, or BTC, is a cryptocurrency that is traded as a commodity at many online brokerages. It is unique in many ways. For starters, BTC is not subject to central bank policy and it operates outside of the realms of regulation. BTC trading is relatively anonymous, and many online brokerages will not require any proof of identification when trading this cryptocurrency. BTC has revolutionized the ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Persistent Range No Comments

Key Highlights ETH price remained lifeless and was seen trading in a range above $12.50 against the US Dollar. There is a clear bearish trend line with resistance near $12.75-12.80 formed on the hourly chart of ETH/USD (data feed via SimpleFX). On the downside, the pair remains supported near $12.40, which is the range lower end. Ethereum price was seen trading in a range with resist...


Bitcoin Price Weekly Analysis BTC/USD

Bitcoin Price Weekly Analysis – BTC/USD Remains a Buy No Comments

Key Points Bitcoin price slowly and steadily moved above the $1000 resistance against the US Dollar. There is a nice bullish trend line formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD, which may act as a support near $1020. The price is also above the 100 simple moving average (H4), which is a major support at $1023. Bitcoin price gained bids against the US Dollar to...


Ethereum Price Weekly Analysis

Ethereum Price Weekly Analysis – ETH/USD Eyeing Support No Comments

Key Highlights ETH price was seen gaining pace this past week and traded towards the $13.20 level against the US Dollar. There are two bullish trend lines formed on the daily chart (data feed via SimpleFX) of ETH/USD, which may act as a support on the downside near $12.00. On the upside, the $13.20 high is a resistance area just above the $13.00 handle. Ethereum price remains in an u...


NewsBTC Charlie lee Segwit Litecoin

Charlie Lee Potentially Enforcing Litecoin SegWit Activation Has Bitcoiners Concerned No Comments

It appears some bitcoin community members are not taking kindly to Charlie Lee's plans right now. Litecoin is experimenting with SegWit signaling support as we speak. Whether or not this is a ploy to impose SegWit on bitcoin users in the long run, remains to be seen. Some people feel Charlie lee is forcing SegWit upon litecoin miners, albeit they are free to not support it if they prefer that opti...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – Can ETH/USD Break This? No Comments

Key Highlights ETH price is still below the $12.70-80 resistance area against the US Dollar. There is a bearish trend line formed on the hourly chart of ETH/USD (data feed via SimpleFX) with resistance at present at $12.70. On the downside, the $12.40 looks like a decent support, acting as a barrier for more declines. Ethereum price is struggling to clear the $12.70-80 resistance aga...


Ethereum Price Technical Analysis ETH

Ethereum Price Technical Analysis – ETH/USD Consolidation Initiated No Comments

Key Highlights ETH price after finding resistance near $13.22 against the US Dollar started a consolidation phase. It looks like a contracting triangle pattern is formed on the hourly chart of ETH/USD (data feed via SimpleFX) with support at $12.50. The pair might test the $12.50-40 support area before making an attempt to move higher once again. Ethereum price upside move stalled ne...


Ethereum Price Technical Analysis ETH

Ethereum Price Technical Analysis – ETH/USD Capped By $11.20 No Comments

Key Highlights ETH price continues to face resistance near the $11.20 level against the US Dollar. It looks like there is a connecting bearish trend line formed on the hourly chart of ETH/USD (data feed via SimpleFX), acting as a resistance near $11.20. The pair may continue to trade in a range with support at $10.95 on the downside. Ethereum price remained confined in a range agains...


Ethereum Price Technical Analysis

Ethereum Price Technical Analysis – ETH/USD Prepares For Ride No Comments

Key Highlights ETH price after moving towards the $11.20 level against the US dollar found resistance. The price moved down, and broke a bullish trend line on the hourly chart of ETH/USD (data feed via SimpleFX) at $11.10. However, there was no major downside move, as the price continues to consolidate above the $11.00 support. Ethereum price started a consolidation phase against the...


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