NewsBTC
No Result
View All Result
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Breaking News: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq
  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play GamesTry
  • CasinosTry
Bitcoin News
No Result
View All Result
Breaking News: SOL Strategies: The First Solana Treasury Company Listed On Nasdaq

Ethereum Price Technical Analysis – ETH/USD Steady Uptrend 2017-01-11

Aayush Jindal
Aayush Jindal
7 years ago
2 mins read
Ethereum Price Technical Analysis

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Key Highlights

  • ETH price was well bid during the past two sessions against the US Dollar, and remained above $10.15.
  • Yesterday’s highlighted connecting bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is still active and acting as a support near $10.05.
  • There is another bullish trend line formed on the same chart, acting as a support at the moment near $10.35.

Ethereum price is trading above a couple of bullish trend lines on the hourly chart. So, ETH/USD may continue to slowly move higher.

Ethereum Price Slow Trend

There were positive swing moves noted in ETH price against the US Dollar during the past two sessions, as it remained above a few key support levels. The most important point was that it held yesterday’s highlighted connecting bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD. There was a minor dip towards the $10.00 support area where the trend line came in and acted as a support.

During the dip, the price broke the 38.2% Fib retracement level of the last wave from the $9.40 low to $10.66 high. However, as mentioned the trend line provided support. Furthermore, the 50% Fib retracement level of the last wave from the $9.40 low to $10.66 high also acted as a support. The price is now moving back higher and currently positioned above the $10.30 level.

Ethereum Price Technical Analysis

On the downside, there is another bullish trend line formed on the same chart. It is providing support at the moment near $10.35, and containing a downside move. As long as the price is above $10.10, it looks like in a slow and steady uptrend.

Hourly MACD – The MACD is in the bullish zone, but there is hardly any momentum.

Hourly RSI – The RSI is currently above the 50 level with no real upside move.

Major Support Level – $10.10

Major Resistance Level – $10.65

 

Charts courtesy – SimpleFX

Tweet123Share196ShareSend
Aayush Jindal
Aayush Jindal

Aayush Jindal

Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis.

Read more

From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked on a journey that would lead him to become one of the foremost authorities in the fields of Forex and crypto trading. With a meticulous eye for detail and an unwavering commitment to excellence, Aayush honed his craft over the years, mastering the art of technical analysis and chart interpretation.
As a software engineer, Aayush harnesses the power of technology to optimize trading strategies and develop innovative solutions for navigating the volatile waters of financial markets. His background in software engineering has equipped him with a unique skill set, enabling him to leverage cutting-edge tools and algorithms to gain a competitive edge in an ever-evolving landscape.

In addition to his roles in finance and technology, Aayush serves as the director of a prestigious IT company, where he spearheads initiatives aimed at driving digital innovation and transformation. Under his visionary leadership, the company has flourished, cementing its position as a leader in the tech industry and paving the way for groundbreaking advancements in software development and IT solutions.

Despite his demanding professional commitments, Aayush is a firm believer in the importance of work-life balance. An avid traveler and adventurer, he finds solace in exploring new destinations, immersing himself in different cultures, and forging lasting memories along the way. Whether he's trekking through the Himalayas, diving in the azure waters of the Maldives, or experiencing the vibrant energy of bustling metropolises, Aayush embraces every opportunity to broaden his horizons and create unforgettable experiences.

Aayush's journey to success is marked by a relentless pursuit of excellence and a steadfast commitment to continuous learning and growth. His academic achievements are a testament to his dedication and passion for excellence, having completed his software engineering with honors and excelling in every department.

At his core, Aayush is driven by a profound passion for analyzing markets and uncovering profitable opportunities amidst volatility. Whether he's poring over price charts, identifying key support and resistance levels, or providing insightful analysis to his clients and followers, Aayush's unwavering dedication to his craft sets him apart as a true industry leader and a beacon of inspiration to aspiring traders around the globe.

In a world where uncertainty reigns supreme, Aayush Jindal stands as a guiding light, illuminating the path to financial success with his unparalleled expertise, unwavering integrity, and boundless enthusiasm for the markets.

Close

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Related News

3 nové kryptoměny s 1000 _ potenciálem

3 zbrusu nové kryptoměny, které mohou do října vystřelit o 1 000 %

Kryptotrh je opět v pohybu a investoři hledají nové příležitosti, jak znásobit své zisky. Vedle zavedených hráčů, jako je bitcoin...

Lenka Hanzlíková 2 hours ago
비트코인 채굴자 하루 35만 달러 수익… 페페노드 채굴 솔루션 성공할까?

비트코인 채굴자 하루 35만 달러 수익… 페페노드, 밈코인 채굴의 혁신?

지난 일요일, 한 개인 채굴자가 비트코인 네트워크에서 3.13 BTC(약 34만 7,872달러)를 직접 채굴하는 데 성공했다. 이는 이번 달 들어 개인이 블록체인에서 독자적으로 블...

Soyeon Lee 2 hours ago
Bitcoin

Bitcoin Could Hit $150K By Christmas, Analysts Tell Michael Saylor

According to reports, Michael Saylor told viewers that most equity analysts expect Bitcoin to top $150,000 by Christmas. Related Reading:...

Christian Encila 2 hours ago
Load More

Reason to trust

Strict editorial policy that focuses on accuracy, relevance, and impartiality
Created by industry experts and meticulously reviewed
The highest standards in reporting and publishing
How Our News is Made

Strict editorial policy that focuses on accuracy, relevance, and impartiality

Ad discliamer

Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.

Related News

Bitcoin to $200K? Fundstrat’s Tom Lee’s Bold Bitcoin Forecast Fuels Bitcoin Hyper Presale Surge

Bitcoin to $200K? Fundstrat’s Tom Lee’s Bold Bitcoin Forecast Fuels Bitcoin Hyper Presale Surge

Aaron Walker 2 minutes ago
Whales Are Buying Solana: Two Wallets Pull 376K Tokens From Binance

Whales Are Buying Solana: Two Wallets Pull 376K Tokens From Binance

Sebastian Villafuerte 23 minutes ago
ethereum, ethereum koers, altcoins, bull run, eth koers, solana

Ethereum whales en $2,5B Solana vraag zetten september altcoin rally in gang

Lars Diederiksen 2 hours ago

Premium Sponsors

Press Releases

  • 10ドル到達は夢か?プロジェクトが直面する厳しい現実

    パイネットワーク...

    12 minutes ago
  • ChatGPT-5 избира два криптовалутни проекта, които могат да превърнат 100 $ в 1.000 $ до 2026 година

    ChatGPT-5 избира два криптовалутни...

    58 minutes ago
  • ChatGPT-5 alege două criptomonede care pot transforma 500 RON în 5.000 RON până în 2026

    ChatGPT-5 alege două criptomonede care pot transforma 500...

    1 hour ago
  • ChatGPT-5 избира два криптовалутни проекта, които могат да превърнат 100 $ в 1.000 $ до 2026 година

    ChatGPT-5 bira dva kriptovalutna projekta koja mogu...

    1 hour ago
  • Cách Mua Bitcoin Hyper ($HYPER)

    Chuyên Gia Gọi Tên TIBBIR và SAPIEN: Liệu Meme Coin...

    2 hours ago

Newsletter

About Us

NewsBTC is a cryptocurrency news service that covers bitcoin news today, technical analysis & forecasts for bitcoin price and other altcoins. Here at NewsBTC, we are dedicated to enlightening everyone about bitcoin and other cryptocurrencies.

We cover BTC news related to bitcoin exchanges, bitcoin mining and price forecasts for various cryptocurrencies.

Disclaimer: The information found on NewsBTC is for educational purposes only. It does not represent the opinions of NewsBTC on whether to buy, sell or hold any investments and naturally investing carries risks. You are advised to conduct your own research before making any investment decisions. Use information provided on this website entirely at your own risk.

Company

  • About Us
  • Advertising
  • Contact Us
  • Privacy Center

Social

© 2025 NewsBTC. All Rights Reserved.

  • Cryptocurrency News
    • Bitcoin News (BTC)
    • Ethereum News (ETH)
    • Ripple News (XRP)
    • Shiba Inu News (SHIB)
    • Cardano News (ADA)
    • Dogecoin News (DOGE)
    • Solana News (SOL)
    • Litecoin News (LTC)
    • Avalanche News (AVAX)
    • Polygon News (MATIC)
  • Crypto Prices
    • Binance Coin (BNB) Price
    • Bitcoin (BTC) Price
    • Cardano (ADA) Price
    • Chainlink (LINK) Price
    • Dogecoin (DOGE) Price
    • Ethereum (ETH) Price
    • Litecoin (LTC) Price
    • Polkadot (DOT) Price
  • Crypto Resources & Directory
  • All Crypto
  • Play Games
  • Casinos
Advertise

© 2025 NewsBTC. All Rights Reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy Center or Cookie Policy.