Ethereum Price Technical Analysis - Bearish Divergence Seen!
Key Highlights. Ethereum price is still in the middle of a correction from its previous selloff, but technical signals are indicating that the downtrend is set to resume soon. A bearish divergence can be seen, as the pair formed lower highs while stochastic made slightly higher highs. Ethereum price could fall from the current resistance levels back down to the previous lows at 0.00190BTC if selling pressure picks up. Impulse wave to resume. A higher pullback to the 0.00240BTC area near the 100 SMA and the previous support might still be possible if the correction wave isn't over. However,....
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The 1-day Bitcoin price chart is looking more bullish every week, yet there are some immediate technical influences at smaller timeframes that are affecting price. Technical analysis looks at a bearish influence in the 4-hour chart that is presently pushing price down. This analysis is provided by xbt.social with a 3 hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 05h38 UTC. Bitstamp 4-Hour Chart. From the analysis pages of xbt.social, earlier today: Price Action. The lower high in....
Key Highlights. Dash price continued to find support around 0.0116BTC where sellers struggled time and again. There is an RSI divergence formed on the hourly chart, which is signaling more gains in the near term. A break above 100 MA may push the price higher moving ahead. Dash price nonstop consolidation might be setting up for a nasty move having the potential to test 0.0124BTC. Break Possible? We have been following a bearish trend line on the hourly chart, which continues to stall gains and pushed the price back lower. There is a monster support building around 0.0116BTC that can be....
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