Ethereum classic price managed to climb higher versus Bitcoin, and it looks like the ETC/BTC pair remains supported on the downside.
Ethereum classic price after moving higher versus Bitcoin corrected a few points lower.
There is a bullish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which can be seen as a buying area.
The pair is also the 100 hourly simple moving average, which is a positive sign for buyers.
Ethereum Classic Price Trend Line.
Ethereum classic price recently traded as high as 0.00248BTC against Bitcoin after the....
Ethereum Price Key Highlights. Ethereum price is trading with a nice bullish trend line on the hourly chart, which is helping buyers. The price after settling around 0.00230BTC managed to gain bids and traded above 0.00270BTC. There are many positive signs on the hourly chart, suggesting there is more upside left. Ethereum price managed to gain strength this past week, and might trade above 0.00320BTC in the near term. 100 MA as support? The Ethereum price climbed higher this past week after finding support near 0.00230BTC. There is a nice bullish trend line formed on the hourly chart,....
Ethereum price traded higher versus the US Dollar and my buy dips idea presented yesterday is playing well in the short term.
ETH price surged higher towards $13.20 against the US Dollar to form an uptrend.
There is a bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which may act as a support zone if the pair corrects lower.
Buying dips remain a good option for ETH, as long as the price remains supported.
Ethereum Price Support.
Ethereum price climbed a few points higher during the past 24 hours against the US Dollar to set a high....
Ethereum price managed to stay above a couple of important support levels against the US Dollar. It looks like ETH/USD remains buy on dips.
ETH price after a minor dip yesterday moved higher against the US Dollar, but the upside was limited.
There is a new connecting bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is acting as a support near $9.80.
The price is also well supported near the 100 hourly simple moving average, acting as a barrier near $9.95.
Ethereum Price Trend Line Support.
There was no major downside in ETH....
Yesterday's in-depth analysis identified a Bitcoin price channel that forecasts a potential decline low near $200. This low is not a foregone conclusion but remains a potential target as long as price remains below the critical trendline that has provided long-term support and resistance since early 2012. Weekly Bitcoin Price Channel. Here is the weekly BTC-China chart that was presented in yesterday's longer-term analysis: The red dot indicates where price had initially bounced upwards from the critical line of support (red dotted trendline). During last week's sell-off the trendline was....