24-05-2017
07:56 pm
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Tag: ethereum technical analysis

Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Resumes Uptrend No Comments

Key Highlights After a minor decline towards $135, ETH price formed support against the US Dollar and moved higher. There was a break above a bearish trend line at $159 on the hourly chart (ETH/USD, data feed via SimpleFX). The price is currently following an ascending channel pattern and looks set for a move above $170. Ethereum price formed a base after yesterday’s dip against th...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Correction Underway No Comments

Key Highlights There were further gains in ETH price, as it moved above the $175 level against the US Dollar before starting a correction. There was a break below a bullish trend line at $159 on the hourly chart (ETH/USD, data feed via SimpleFX). The price is currently below the $158 resistance, and may extend the correction. Ethereum price overcame sellers against the US Dollar and ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Eyeing $160-175 No Comments

Key Highlights Its monstrous gains in ETH price, as it extended upside above $140 against the US Dollar, and may soon trade towards $160. There is a solid ascending channel pattern with support at $143 formed on the hourly chart (ETH/USD, data feed via SimpleFX). The price may dip a few points towards $144-145 before spiking above $150-152 in the near term. Ethereum price is putting ...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Sustained Move Higher No Comments

Key Highlights ETH price surged higher during the past few days and moved above $120 against the US Dollar. There are two bullish trend lines formed with support at $99 and $65 on the daily chart of ETH/USD (data feed via SimpleFX). The pair may soon break the recent high of $127.95 and trade above $130. Ethereum price gained heavily against the US Dollar and Bitcoin, and now ETH/USD...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Soars Above $105 No Comments

Key Highlights There was a sharp rise in ETH price, as it broke the $100 and $105 levels against the US Dollar. There was a break of a nice bullish pattern with resistance at $102 on the hourly chart (ETH/USD, data feed via SimpleFX). The price is currently trading with a lot of positive bias, and may soon break $110. Ethereum price gained heavy bids during the past few hours against...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Back In Bullish Zone No Comments

Key Highlights After a sharp decline in ETH price towards the $80 handle against the US Dollar, a recovery started. A major bearish trend line with resistance at $87.90 on the hourly chart (ETH/USD, data feed via SimpleFX) was broken. The price is currently attempting a close above the 100 hourly simple moving average at $89. Ethereum price managed to recover well from losses against...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Nosedives Below Key Level No Comments

Key Highlights There was a sharp decline in ETH price below the $88 support against the US Dollar. A very important bullish trend line with support at $90.00 on the hourly chart (ETH/USD, data feed via SimpleFX) was broken. The price is now likely heading towards the next support area at $80.95 Ethereum price nosedived against the US Dollar and Bitcoin amid XRP rise, and now ETH/USD ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD at Make-or-Break Levels No Comments

Key Highlights There was a minor new high in ETH price above $93.40 against the US Dollar, but with no real momentum. There is an important bullish trend line with support at $90.00 formed on the hourly chart (ETH/USD, data feed via SimpleFX). On the upside, the price needs to break $91.80 for further gains in the near term. Ethereum price slowly moved higher against the US Dollar an...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Trend Bullish No Comments

Key Highlights There was a continuous bid pattern near $86 in ETH price against the US Dollar, which is a good sign. The range pattern highlighted in the last analysis with support at $84.50 and resistance near $91 is still active on the hourly chart (ETH/USD, data feed via SimpleFX). A break and close above the $91 level may call for sustained gains in the near term. Ethereum price ...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Crucial Challenge No Comments

Key Highlights ETH price recovered well from the $69.30 swing low against the US Dollar, and moved above $85. There is a crucial bearish trend line formed with resistance at $88.60 on the 4-hours chart of ETH/USD (data feed via SimpleFX). A break above the $88.60-89.00 resistance is needed for ETH buyers to gain control. Ethereum price recovered well against the US Dollar and Bitcoin...


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