Ethereum Price Technical Analysis – Next Leg Higher Underway?
Ethereum price after completing a correction phase started to gain bids once again, which may push ETH/USD towards $15.00 in the short term. Key Highlights. Ethereum price after correcting a few points vs the US Dollar found support and moved higher once again. There is a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which is acting as a support for the price. It looks like the price may test the last swing high of $14.88 one more time if the current trend stays intact. Ethereum Price Support. Ethereum price ETH traded as high as $14.88 this past week....
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Ethereum price enjoyed a nice recovery vs the US Dollar, and if the current trend in ETH/USD continues, then the price could gain further. Ethereum price ETH continued to gain strength, and traded higher after posting intraday gains. The upside move was strong enough to break yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD. The recent break looks positive, and if the ETH bulls remain in control, then there are chances of more gains in the short term. The price also moved above the 50% Fib retracement level of the last drop from the $14.40....
Ethereum price seems to have its sights set higher after breaking out of a descending triangle on its 4-hour chart. Technical indicators are also supporting further gains. Ethereum price had previously consolidated inside a descending triangle pattern, forming lower highs and finding support at 0.00250. At the moment, ethereum price is testing the near-term resistance at the 0.00300 level, waiting for more bulls for another leg higher. An upside break past this level could take it up to the next area of interest at 0.00330-0.00350 then onwards to the larger triangle highs at 0.00400.
Key Highlights. Dash price consolidating after losses it suffered recently. On the downside, 0.0109BTC remains a key support which must hold if the price has to correct higher. Selling rallies is still a preferred option for Dash. After a monstrous decline in the Dash price, it looks like it might continue to consolidate in the short term. Price to Decline? After recent losses in Dash, it looks like price stabilized around 0.0109BTC, and there is a chance that it might correct higher moving ahead. The Bollinger Bands are contracting and forming a narrow range pattern, suggesting that a....
Ethereum price surge continued intraday vs the US Dollar. It looks like ETH/USD may be boosted further, but I suggest trading with caution. Key Highlights. Ethereum price showed no mercy to the sellers’ vs the US Dollar, as it continued to rocket higher. A new high was formed in ETH/USD, as the price surged above the $17.00 level. Looking at 4-hours chart (data feed via Kraken) of ETH/USD, the technical indicators are around overbought levels, which is a warning sign. Ethereum Price Overbought? Ethereum price ETH made a new high against the US dollar for the second time in a new this week,....
Ethereum Price Key Highlights. Ethereum price is still stuck inside its range, finding support at 0.00285 and resistance at 0.00305. Price bounced off the bottom of the range as expected and is on its way to test the top again. Ethereum price could keep moving sideways, especially if the top of the range holds as resistance and spurs another test of support. Buyers Regaining Control. Technical indicators are suggesting that a bounce is underway, with stochastic and RSI both climbing out of the oversold region to indicate a return in bullish momentum. The average directional index is moving....