Tag: ethereum trade analysis

Ethereum Price Technical Analysis – ETH/USD Testing Important Support No Comments

Key Highlights ETH price is currently testing an important support near $278-276 against the US Dollar. There is a new declining channel pattern with support near $276 forming on the hourly chart of ETH/USD (data feed via SimpleFX). There is also a bullish trend line with support around $276, which points importance of the mentioned level. Ethereum price is showing minor bearish sign...


Ethereum Price Technical Analysis ETH USD

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

Key Highlights ETH price was not able to move above the $298 level against the US Dollar and traded lower. Yesterday’s highlighted contracting triangle pattern with support at $282 on the hourly chart of ETH/USD (data feed via SimpleFX) was breached. If the recent downside break is real, the price might trade towards the $268-270 levels. Ethereum price is slowly trading lower again...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Forming Breakout Pattern No Comments

Key Highlights ETH price climbed higher and traded close to the $300 level against the US Dollar. There is a new contracting triangle pattern with support at $278 forming on the hourly chart of ETH/USD (data feed via SimpleFX). The price remains elevated as long as it stays above the $278-270 support area in the near term. Ethereum price moved higher and gained strong bids against th...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Attempting Upside Break No Comments

Key Highlights ETH price after consolidating above the $240 level against the US Dollar started an upside move. There was a break above a major bearish trend line with resistance at $262 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might soon gain traction and could even test the $300 level in the near term. Ethereum price is attempting a major recovery against ...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Upsides Capped No Comments

Key Highlights ETH price after trading as low as $199.74 against the US Dollar found support and recovered above $250. There are two bearish trend lines waiting on the upside at $274-280 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair is likely to correct lower once again towards $230 before making an upside attempt. Ethereum price recovered well against the US Dol...


Ethereum Price Technical Analysis ETH USD

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

Key Highlights ETH price remained in the bearish trend and declined below $240 against the US Dollar. There is a monster bearish trend line forming with resistance at $248 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might correct a few points from the current levels, but upsides remain capped near $250-260. Ethereum price is under heavy selling pressure against...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD To Decline Further No Comments

Key Highlights ETH price traded below the $260 support area against the US Dollar before finding bids near $255. There is an ascending channel forming with support at $274 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might break the channel support and decline once again towards $260. Ethereum price remains in the bearish zone against the US Dollar and Bitcoin. ...


Ethereum Price Technical Analysis ETH USD

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

Key Highlights ETH price after correcting towards $315 against the US Dollar faced resistance and started declining once again. There was a break below a bullish trend line with support at $297 on the hourly chart of ETH/USD (data feed via SimpleFX). The price has breached the last swing low of $281, which is a bearish sign in the short term. Ethereum price failed to hold gains and m...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD To Surge Higher? No Comments

Key Highlights ETH price is slowly moving higher and currently trading near $301 against the US Dollar. There are two bearish trend lines with resistance near $303 forming on the hourly chart of ETH/USD (data feed via SimpleFX). A break and close above $303 could take the price towards the next resistance near $318.50. Ethereum price is testing a major hurdle against the US Dollar an...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Attempts Recovery No Comments

Key Highlights ETH price after trading as low as $281.24 found support against the US Dollar. There was a break above a key bearish trend line with resistance near $297.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to head higher, but faces a major hurdle near $306-308. Ethereum price is attempting a recovery against the US Dollar and Bitcoin. E...


SUBSCRIBE TO OUR NEWSLETTER