Ethereum Price Technical Analysis – Continuous Gains In ETH

Ethereum Price Technical Analysis – Continuous Gains In ETH

Ethereum price surge continued intraday vs the US Dollar. It looks like ETH/USD may be boosted further, but I suggest trading with caution. Key Highlights. Ethereum price showed no mercy to the sellers’ vs the US Dollar, as it continued to rocket higher. A new high was formed in ETH/USD, as the price surged above the $17.00 level. Looking at 4-hours chart (data feed via Kraken) of ETH/USD, the technical indicators are around overbought levels, which is a warning sign. Ethereum Price Overbought? Ethereum price ETH made a new high against the US dollar for the second time in a new this week,....


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Ethereum Price Technical Analysis – ETH/USD Continuing Gains

Ethereum price retained the bullish bias against the US Dollar to settle above $11.20. ETH/USD may continue to move higher in the short term. Key Highlights. ETH price remained in an uptrend against the US Dollar, and tested the $11.30 level as forecasted. Yesterday’s highlighted ascending channel pattern on the hourly chart of ETH/USD (data feed via SimpleFX) is still active and taking the price higher. The price is likely to trade further higher may be towards the $11.43 level. Ethereum Price Trend. There were continuous bids presented, which is why there were more gains towards $11.30....

Ethereum Classic Price Technical Analysis – Continuous Gains

Ethereum Classic recent surge was impressive against Bitcoin, and it looks like there are more upsides left in the short term. Key Highlights. Ethereum Classic (ETC) moved higher further against Bitcoin and traded as high as 0.0030BTC. There is currently a contracting triangle pattern formed on the 30-min charts of ETC/BTC, which may break soon for the next move. The chances of an upside break are more considering the current market sentiment. Ethereum Classic Trend. Ethereum Classic price ETC enjoyed a decent upside ride against Bitcoin recently, as the bulls managed to clear a couple of....

Ethereum Classic Price Technical Analysis – ETC Recovery Started

Ethereum classic price finally started recovery as I forecasted against Bitcoin and looks set for more upsides in the near term. Key Highlights. Ethereum classic price managed to gain a few bids yesterday and traded higher versus Bitcoin. This week’s critical bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) was broken to clear the way for more gains. It looks like there is a chance of more gains in the near term in ETC price if buyers remain in action. Ethereum Classic Price Upside Move. Ethereum classic price after finding continuous bids near the 0.0020BTC....

Ethereum Price Technical Analysis – Book Profits, Risk of More Losses

Ethereum price is still bearish, and every correction may be a chance to sell ETH/USD. Can sellers push the price towards $7.00? Ethereum price ETH failed once again as forecasted and moved down. Yesterday, I highlighted that ETH/USD may move down once again and retest the $7.36 levels. The price did move down and I hope you all booked profits. There was a new low of $7.13 created for ether price, and there are chances of more declines in the near term. There seems to be no relief for ETH buyers, as there was a continuous bearish pressure noted in the price. Yesterday’s highlighted bearish....

Ethereum Price Technical Analysis – ETH Slowly Approaching Resistance

Ethereum price started a recovery from the $11.00 low against the US dollar, but it is eventually moving towards a crucial resistance area. Key Highlights. ETH price managed to correct a few points higher during the past few hours against the US Dollar. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is still active on the upside to stop any further gains. The price may be recovering in the short term, but it’s hard to call the current wave as a real recovery. Ethereum Price Resistance. ETH price looks like started a recovery against the....