Ethereum Price Technical Analysis – Shows Signs of Further Upsides

Ethereum Price Technical Analysis – Shows Signs of Further Upsides

Ethereum price traded with a bullish bias recently. If we consider the current price action, then ETH/USD may move higher in the near term. Ethereum price ETH showed once again that it’s not out of woods yet. There was a minor upside reaction during the past couple of sessions, as ETH/USD traded as high as $10.00 where it found offers. The price moved back towards the $8.50 support area, and currently attempting to move higher once again. However, ETH is currently facing a hurdle in the form of a bearish trend line on the hourly chart (data feed via Kraken). Moreover, the 50% Fib....


Related News

Ethereum Price Technical Analysis – All Targets Hit, Play Safe

Ethereum price finally broke $20.0, which is a sign that the ETH bulls are in control. Can it continue to trade higher or should we trade safe? Key Highlights. Ethereum price finally tested and broke my much anticipated target of $20.0 against the US Dollar. During my last couple of analysis, I highlighted that the price may test or even break the $20.0 resistance level in the short term. There was a resistance trend line on the hourly chart (data feed via Kraken) of ETH/USD, which was cleared recently to open the doors for more upsides. Ethereum Price Support. Ethereum price ETH continued....

Ethereum Price Technical Analysis – Right Time to Buy to ETH?

Ethereum price broke a major consolidation pattern, and if the ETH/USD bulls remain in control there is a chance of more upsides. Ethereum Price – New Weekly High Possible? Ethereum price ETH showed a lot of positive signs yesterday, as it managed to gain bids vs the US Dollar. There was a contracting triangle pattern formed on the hourly chart (data feed via Kraken) of ETH/USD, which was broken during the upside move. The price settled above the pattern resistance area, and even closed above $9.00. One significant bullish sign is the fact that the price is now well above the 100 hourly....

Ethereum Price Technical Analysis – ETH About To Break Higher?

Ethereum price after finding buyers below $14.00 started to move higher, and currently looks set to break a major resistance. Key Highlights. Ethereum price slowly and steadily moving higher against the US dollar, and looks set for more upsides. There is a bearish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which is almost breached as this analysis was written. A successful close above the trend line resistance could ignite more gains in the near term. Ethereum Price Break. Ethereum price ETH started recovering this past week, and it looks like the price is set....

TA: Ethereum Surges Above $3K, Here’s Why Rally Isn’t Over Yet

Ethereum extended its rally and it traded to a new all-time high above $3,000 against the US Dollar. ETH price is showing signs of more upsides towards $3,100 and $3,150. Ethereum remained well supported above $2,800 and it broke the $3,000 level. The price is now trading well above $3,000 and the 100 hourly simple […]

Ethereum Price Technical Analysis – Perfect Technical Bounce

Ethereum price after a minor dip yesterday against the US Dollar found support, and ETH/USD currently looks set for more upsides in the near term. Key Highlights. ETH price after trading as low as $10.28 against the US Dollar yesterday started a recovery. There was a bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which was broken to open the doors for more gains. The price bounced from a perfect technical support area, suggesting the price may gain further. Ethereum Price Bullish Move. ETH price after trading as high as $11.35 started a correction phase....