Ethereum Price Weekly Analysis – Buying Dips Favored
Ethereum price climbed higher and there was no stopping the bulls. It looks like the bulls may attempt to take it towards the $15.00 level. Intraday Support Level can be $11.80. Intraday Resistance Level may be $13.30. Ethereum price surged higher this past week and broken every resistance that came in its way. There was a major resistance formed near $12.00 where the bears attempted a couple of times to defend it. However, at the end, the bulls succeeded and took the price above the stated level. There was a sharp upside move towards the $13.00, and the price stopped near $13.33. There is....
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Ethereum price looks like broke a major resistance area. Buying dips may be favored as long as ETH/USD is above the $8.00 support area. Ethereum price after a nasty decline against the US Dollar found support near $7.50. There was a nice upside reaction once the price gained momentum, and during the upside drift the ETH/USD managed to break a bearish trend line formed on the 4-hours chart (data feed via Kraken). It is important to note that the recent bounce came from the 76.4% Fib retracement level of the last wave from the $7.00 low to $9.67 high. So, we can say that a correction phase....
Ethereum price managed to gain further traction and moved above the $8.20 resistance. More gains are possible in ETH/USD since buyers are in control. Key Highlights. ETH price continued its upside move against the US dollar, and traded above the $8.20 level. There is a bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is acting as a support near $8.15-10. One may consider buying dips as long as the price is above the $8.00 support. Ethereum Price Buy Dips. There were further gains in ETH price against the US Dollar, as the price broke yesterday’s high....
RubyCoin Price Key Highlights. Rubycoin price continued to trade higher as it moved closer to 0.0002257BTC. A new weekly high was formed as highlighted during this past week's analysis, and looks set for more gains in the near term. There is a support trend line on the hourly chart of the Rubycoin price, which might act as a buy area. Rubycoin price moved higher this past week, and it looks like it might continue to trade higher moving ahead. Trend Line Support Area. The Rubycoin price moved higher this week, and also cleared the last swing high of 0.00022BTC. The price traded as high as....
Rubycoin Price Key Highlights. Rubycoin price moved back higher after a minor correction and it looks it might test the last high. There is a minor resistance around the last high of 0.0003507BTC, which could be tested and even breached. Buying dips were favored which played well, as the price moved higher after correcting lower. Rubycoin price is showing a lot of bullish signs, and the current price action suggests a new weekly high moving ahead. New High? The Rubycoin moved higher and traded towards the last swing high of 0.0003507BTC. Yesterday, the price corrected lower and moved....
Ethereum price moved further higher, and buying dips played well. Now, can ETH/USD continue trading higher and test $15.00 once again? Key Highlights. Ethereum price did not stop climbing against the US Dollar Intraday, and moved above the $14.00 level. My yesterday’s idea of buying dips worked perfectly, and if you entered a trade, then I suggest to book partial profits. Also, yesterday’s highlighted bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD continued to act as a support area. Ethereum Price To Move Further Higher? There was no stopping Ethereum price....