Ethereum Price Technical Analysis – No Relief For Buyers
Ethereum price ETH popped a few points higher versus the USD, but failed once again to sustain momentum, and traded lower. Key Highlights. ETH price remained under pressure against the US Dollar, as buyers failed to gain momentum. There are a couple of important bearish trend lines formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which are preventing gains. It looks like buyers are finding it really hard to take the price higher, but sooner or later they will. Ethereum Price Hurdles. Ethereum price ETH struggled to move higher against the US Dollar continued. The ETH bulls....
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Ethereum classic price continued to move down against the US Dollar and Bitcoin, and it looks like there may be no relief for the ETC buyers. Key Highlights. Ethereum classic price declined further yesterday against the Bitcoin, and broke the 0.00140BTC support as well. There is a new minor bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx) along with this week’s trend line. Both trend lines can be considered as a major barrier for a recovery in ETC price. Ethereum Classic Price Decline. Yesterday, I mentioned that I believe that ETC price may test the....
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 Key Highlights. Ethereum price is slowly trending higher on its 1-hour chart, after having completed a pullback bounce and resuming its trend. Price is moving inside a short-term rising channel and is currently testing the resistance near the 0.00300 major psychological mark. Ethereum price could be due for a selloff back to the channel support before the ongoing climb resumes. Buyers Need a Break. Technical indicators seem to be suggesting that the recent rally is overdone, with stochastic already turning down from the overbought zone and indicating a return in bearish....
Ethereum price has been trying to secure small gains over the last 24 hours. In the past week, the king altcoin brought home gains which were close to 6%. At the current moment, however, the coin was mostly moving laterally. Ethereum price had also broken below its head and shoulder pattern as seen in the chart below. This pattern is related to bearishness. In accordance, the buyers were low in the market. The technical outlook also continued to look weak on the one-day chart. Broader market weakness has caused many prominent altcoins to move down their respective charts. Bitcoin price has....
Ethereum Price Key Highlights. Ethereum price moved down further and traded below the last week's low to set a new low of 0.00251BTC. There is a bearish trend line formed on the hourly chart, acting as a hurdle for buyers in the short term. There is a risk of more losses, as sellers look in control of the situation. Ethereum price continued to weaken as the price fell to a new low of 0.00251BTC where buyers appeared. Can Sellers Remain in Control? There was a lot bearish pressure noted on the Ethereum price recently, which took the price towards 0.00250BTC. There were a couple of nasty....