Tag: ethereum trading

Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Bearish Positions Increase No Comments

Key Highlights ETH price is struggling to move higher and is currently trading near the $290 level against the US Dollar. There is a major bearish trend line forming with resistance near $298 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to struggle as long as there is no close above the $298-300 levels. Ethereum price failed to gain traction again...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Not out of Woods No Comments

Key Highlights ETH price is holding a monster support area near $280.00 against the US Dollar. There is a short-term bearish trend line forming with resistance at $301 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair has to break the $301 resistance the 100 simple moving average (H4) to gain momentum. Ethereum price is neutral against the US Dollar, but under a lot ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Remains in Bearish Zone No Comments

Key Highlights ETH price recoveries are capped by the $312-314 resistance zone against the US Dollar. There is a new connecting bearish trend line forming with resistance near $308 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might extend the recent slide and likely to test the $300-301 support area. Ethereum price is currently moving down against the US Dollar ...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – Can ETH/USD Bounce Back? No Comments

Key Highlights ETH price declined below the $295 support against the US Dollar before finding support. Yesterday’s highlighted connecting bearish trend line with resistance at $301 was broken on the hourly chart of ETH/USD (data feed via SimpleFX). The price might struggle to gain momentum and likely to correct lower towards $300 once again. Ethereum price is slowly recovering agai...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Extends Decline No Comments

Key Highlights ETH price failed to remain above the $317 swing low against the US Dollar and extended its decline. There is a connecting bearish trend line forming with current resistance at $310 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to decline and could even test the $300.00 handle in the near term. Ethereum price extended its decline agai...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Broke Short-term Support No Comments

Key Highlights ETH price struggled to remain above the $337 support zone against the US Dollar and moved down. There was a break below a key bullish trend line with support at $332 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to correct lower and could even retest the last swing low of $317. Ethereum price is losing grip against the US Dollar and ...


Ethereum Price Technical Analysis ETH USD

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

Key Highlights ETH price is trading higher and is currently attempting a break above $346 against the US Dollar. There is a new connecting bullish trend line forming with support at $336 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might attempt an upside break towards $352 in the near term. Ethereum price is gaining strong bids against the US Dollar and Bitcoin...


Ethereum Price Weekly Analysis ETH USD

Ethereum Price Weekly Analysis – ETH/USD Remains in Uptrend No Comments

Key Highlights ETH price gained strength recently and cleared a major resistance at $312 against the US Dollar. There is a monster ascending channel forming with resistance at $346 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might correct a few points from the current levels towards $325-320 in the short term. Ethereum price is gaining pace against the US Dolla...


Ethereum Price Technical Analysis – ETH/USD’s Short Term Break No Comments

Key Highlights ETH price is under pressure and moved below the $302 support against the US Dollar. There was a break below a bullish trend line with support at $302 on the hourly chart of ETH/USD (data feed via SimpleFX). The price is now below the 100 hourly simple moving average, but remains supported above $296.50. Ethereum price is under pressure against the US Dollar and Bitcoin...


Ethereum Price Technical Analysis ETH USD

Ethereum Price Technical Analysis – ETH/USD Steady Above $300 No Comments

Key Highlights ETH price traded with a slight bullish tone and moved above the $300 level against the US Dollar. There are two bullish trend lines forming with support at $302.40 and $299.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might continue to move higher and could challenge the $309-310 resistance area. Ethereum price is crawling higher against the US...


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