Ethereum Price Hints at Upside: Analyzing The Bullish Signals

Ethereum Price Hints at Upside: Analyzing The Bullish Signals

Ethereum price is attempting a fresh increase above the $3,420 resistance zone. ETH is now struggling to clear the $3,480 and $3,520 resistance levels. Ethereum slowly moved higher above the $3,420 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance near $3,390 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $3,480 and $3,520 resistance levels to continue higher. Ethereum Price Recovers Slightly Ethereum price started a decent recovery wave above the $3,350....


Related News

Ethereum Signals Bullish Breakout, Why ETH Could Hit New ATH Soon

Ethereum broke the $1,200 resistance to move into a bullish zone against the US Dollar. ETH price is showing positive signs and it is likely to continue higher above $1,300 and $1,400. ETH price is gaining bullish momentum above the $1,200 pivot level against the US Dollar. The price is facing hurdles near $1,280, but […]

Bullish: Signals Suggest That Ethereum Might Make A Break Above $3,085

Ethereum has been on another decline along with the market. After struggling to cross $3,100, the digital asset had taken another beating down that saw it crash below $3,000 once again. However, this does not signal more downtrends. In fact, indicators point to the coming upside from Ethereum despite the recent trend, one that would see it test another important resistance point. Ethereum Crossing $3,000? It is no secret that Ethereum has largely fluctuated around $3,000. This price mark is important to the asset, hence the reason why bulls continue to battle hard to keep it. And as....

Bitcoin Price Technical Analysis for 12/02/2016 – More Bulls Follow Through!

Bitcoin price followed through with its consolidation breakout and sustained its climb. Bitcoin Price Key Highlights. Following the recent upside breakout from the symmetrical triangle pattern, bitcoin price continued to climb as predicted in the earlier post. Price has now made its way to the triangle highs around $780 and is showing increased buying pressure to form new highs. Technical indicators are giving mixed signals at the moment, but it looks like the odds are in favor of more bullish action. Technical Indicators Signals. The 100 SMA is above the 200 SMA so the path of least....

Bitcoin Price Technical Analysis for 06/16/2016 – Another Long-Term Bullish Signal

Bitcoin price has formed a three white soldiers pattern on its weekly chart, confirming that further gains are in the cards. Bitcoin Price Key Highlights. Bitcoin price could be in for a continuation of its bullish run after this chart pattern formed on its weekly time frame. A three white soldiers formation can be seen with those three bullish candlesticks after a brief period of consolidation. This signals that buyers aren’t done with their rallies, potentially taking bitcoin price to the next area of interest at $800-850 then onto $900-1,000. Technical Indicators Signals. The 100 SMA is....

Bitcoin Price Technical Analysis for 02/02/2017 – Next Upside Targets

Bitcoin price is enjoying upside momentum for now and might be on track towards testing the next ceiling at $1100. Bitcoin Price Key Highlights. Bitcoin price made a strong upside break from consolidation, signaling strong bullish momentum. Price continued its climb past the $1000 mark and could be aiming for the next resistance from here. Technical indicators are showing mixed signals so a pullback could be due before bitcoin price heads further north. Technical Indicators Signals. The 100 SMA is still below the longer-term 200 SMA on the 4-hour time frame so the path of least resistance....