Ethereum Price Technical Analysis – Wait And Watch Mode

Ethereum price is still in wait and watch mode. No doubt, there is a major break forming on the hourly chart, which traders must consider before trading. Key Highlights. Ethereum price continued to trade in a very tiny range vs the US Dollar, as there was no real move in ETH/USD. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD is still intact and acting as a resistance for the buyers. On the downside, the 100 hourly simple moving average is acting as a support and preventing losses. Ethereum Price Break. Ethereum price ETH may be annoying to....

Bitcoin is seeing a tepid start to this week as neither the bulls nor the bears exert any pressure on the other. The cryptocurrency looks relatively calm in the low-volume season, as do the technical indicators. Market participants should refrain from excessive trading in such conditions. Bitcoin is currently trading at $421.53. The technical indicators overlaid on the 4-h BTC-USD price chart from BITSTAMP are giving mixed signals. This, coupled with the lackluster price action, is compelling me to advise that this is a no-trade market, and one should wait for better opportunities to....

Ethereum is ripping, now well above $4,000 per ETH and in full price discovery mode. But with no obvious resistance levels, how can anyone prepare for when the trending altcoin runs out of steam and eventually reverses? Technical analysis indicators, as well as fundamental tools are two possibilities, however, simple mathematics could also play an […]

Ethereum Price Key Highlights. Ethereum price retreated from its recent rally upon hitting a high of 0.00294 but might be ready to resume its climb soon. Price has pulled back to the moving averages, which might hold as dynamic support areas, and could gather more bullish momentum. Ethereum price is taking a break from its uptrend but might be due to head north again, if the near-term inflection points hold as support. Correction Over? Technical indicators seem to be suggesting that the ethereum price correction is already over, as stochastic made it out of the oversold region and is....

Ethereum price remained in a range pattern versus the US Dollar, but soon we should be able to see some swing moves in ETH/USD. Key Highlights. ETH price failed once again to clear a major resistance area versus the US Dollar. This week we followed a bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD, which is still in action and preventing gains. On the downside, there was a minor false break below the $11.45-50 support. Ethereum Price Range. Ethereum price attempted once again to clear a major resistance area against the US Dollar, but the ETH bears managed to....