16-08-2017
07:31 pm
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Tag: ethereum technical analysis

Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Recovery Won’t Be Easy No Comments

Key Highlights ETH price fell sharply intraday and traded towards the $270 level against the US Dollar. Yesterday’s highlighted connecting bearish trend line with current resistance at $287.00 on the hourly chart of ETH/USD (data feed via SimpleFX) is a major hurdle. The pair might resume its decline and could even retest the last swing low of $269. Ethereum price declined sharply ...


Ethereum Price Technical Analysis ETH USD

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

Key Highlights ETH price failed once again to trade above the $308.00 resistance against the US Dollar and declined. There is a new connecting bearish trend line with resistance at $297.00 forming on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to trade lower and could soon test the $286.50 support zone. Ethereum price is struggling to break the shack...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Recovering Higher No Comments

Key Highlights ETH price after trading as low as $286.13 against the US Dollar started a short-term correction. There was a break above a steep bearish trend line with resistance at $293.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher and could even test a major hurdle near $313-316. Ethereum price is recovering against the US Dollar...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Pressured By Bitcoin No Comments

Key Highlights ETH price remained elevated above $280 against the US Dollar, but currently under pressure due to Bitcoin price rise. There was a break below a major bullish trend line with support at $303.50 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair is currently under pressure and may struggle to break the recent high of $317.19. Ethereum price is struggling ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Calm Before Storm? No Comments

Key Highlights ETH price remained below the $308-310 resistance against the US Dollar. There is a connecting bearish trend line with resistance at $308 forming on the hourly chart of ETH/USD (data feed via SimpleFX). There pair is move to and fro between $290-308 before making the next move in the near term. Ethereum price remains elevated against the US Dollar and Bitcoin, and ETH/U...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD False Downside Break? No Comments

Key Highlights ETH price corrected lower after trading as high as $313.62 against the US Dollar. There was a false break noted below a bullish trend line with support at $290 on the hourly chart of ETH/USD (data feed via SimpleFX). There pair is back above the bullish trend line, but struggling to move above the $300 level. Ethereum price started a downside correction against the US ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Primed for Gains No Comments

Key Highlights ETH price continued to gain momentum and was able to move above the $290 resistance against the US Dollar. There are two bullish trend lines forming with supports as $301 and $285 on the hourly chart of ETH/USD (data feed via SimpleFX). There pair remains buy on dips near $300-285 and it is most likely to extend gains in the near term. Ethereum price remained well bids...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Gaining Pace No Comments

Key Highlights ETH price remained in an uptrend and moved a few points above $270 against the US Dollar. There is a crucial bullish trend line forming with support at $266 on the hourly chart of ETH/USD (data feed via SimpleFX). There pair might continue to gain pace and could even break $280 in the near term. Ethereum price is gaining bids and pace against the US Dollar and Bitcoin,...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Correcting Lower No Comments

Key Highlights ETH price after trading as high as $270 found sellers and started correcting lower against the US Dollar. There was a break below a rising and contracting triangle pattern at $260 on the hourly chart of ETH/USD (data feed via SimpleFX). Ether is currently correcting lower, but downsides remain limited below $250. Ethereum price is currently correcting its gains against...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Resumes Trend No Comments

Key Highlights ETH price week after gaining bids this past week moved higher and broke the $237 resistance against the US Dollar. There was a break above a major bearish trend line at $226 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair recently traded as high as $263.22 and any dips remain supported in the near term. Ethereum price is back in the bullish trend aga...


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