Ethereum Price Technical Analysis – Buying Worked, Further Gains Eyed

Ethereum price continued to gain traction against the US Dollar, and it looks like the idea of buying dips may still work in the short term. Key Highlights. Ethereum price surged higher against the US dollar and posted healthy gains during the past 24 hours. My yesterday’s idea of buying worked and it you entered a trade, then it’s time to take profits if not already. A new bullish trend line is formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which can now act as a support area on the downside. Ethereum Price Buy. Ethereum price ETH climbed further higher against US Dollar,....

Ethereum price moved back higher, but the upside was limited. Can it correct lower once again? Can we buy one more time? Ethereum price completed a correction phase around the $11.00 support area recently and our trade worked perfectly. This week I suggested that buying dips may be a good idea in ETH against the USD. The same did wonders, as the price moved higher towards the $12.50 area. Around the stated level, there was a resistance trend line on the hourly chart (data feed via Kraken), which stalled any further gains. The price is currently moving back lower and heading towards the....

Ethereum price showed more positive signs, and traded higher. Can it continue to trade higher and can we buy more? Key Highlights. Ethereum price continued to trade higher against the US Dollar, and posted yet another break. Yesterday’s idea of buying dips in the ETH/USD pair worked, as it moved higher. There is a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which can be considered as a support area on the downside. Ethereum Price Buy. Ethereum price ETH regained traction against the US Dollar, as there were more upsides noted. The price broke a couple....

Ethereum price continued to rocket higher versus the US Dollar, and it looks like there are more upsides left in the near term. Key Highlights. ETH price continued to mount higher against the US Dollar and posted good gains intraday. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD was broken to clear the upside path. My idea of buying ETH worked as the price remained in an uptrend. Ethereum Price Upside Continuation. Ethereum price was unstoppable during the past 24 hours, as it traded further higher against the US Dollar. There was a new....

Ethereum Price Key Highlights. Ethereum price appears to be creating a range on its 1-hour time frame, unable to sustain its momentum after an earlier breakout. Price found resistance at 0.00300 and support at the 0.00285 area. Ethereum price just bounced off the top of its range and may be ready to test the bottom once more. Ethereum price could continue with its sideways movement, as technical indicators aren't offering any signals for directional plays. Short-Term Profit Opportunities. With that, ethereum traders might simply go for short-term gains, buying off support and selling at....