Ethereum Price Weekly Analysis – Can ETH Buyers Gain Momentum?
Ethereum price recently corrected higher versus the US Dollar, but we need to see if the current pace can be retained by buyers or not. Key Highlights. Ethereum price somehow managed to recover a few points yesterday against the US dollar. There was a major bearish trend line formed on the daily chart of the ETH/USD pair (data feed via SimpleFX), which looks like broken during the recent move. If the current break is true, then the ETH/USD pair may head further higher. Ethereum Price Upside Move. Ethereum price ETH remained in a heavy downtrend during this past week against the US Dollar,....
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Ethereum price remained under a lot of bearish pressure versus the USD to trade towards $9.20. Let’s see if ETH/USD can recover or not. Key Highlights. Ethereum price continued to face a lot of hurdles this past week against the US Dollar and Bitcoin. There is a monster bearish trend line formed on the 4-hours chart of ETH/USD (data feed via SimpleFX), acting as a resistance on the upside. A break and a daily close above the $10.00 level is needed for the price to gain momentum. Ethereum Price Recovery Possible? Every time ETH price attempted a recovery this past week it faced sellers not....
Ethereum price managed to stay in the positive zone versus the US Dollar, but the loss in momentum is worrying sign in the near term. Key Highlights. Ethereum price managed to gain this past week against the US Dollar, but gains were not convincing. There is a major ascending channel pattern formed on the 4-hours chart of the ETH/USD pair (data feed via SimpleFX), which is acting as a catalyst for an upside move. A break below it could ignite a corrective rally in ETH/USD, which won’t be good for buyers. Ethereum Price Support. Ethereum price ETH somehow managed to stay above a major....
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....
Ethereum price is currently trading below a major resistance trend line. Can ETH/USD bulls break it and take the price higher. Ethereum price mostly traded in a range of $-10-12 this past week, as there was no major news event. However, the best thing, which may favor the bulls is the fact that the price closed the week above the 100 simple moving average (4-hours). There was a dip this past week towards $10.00, but bears failed to gain momentum and break the stated level. On the upside, the price struggled on a couple of occasions around the $12.00 level, as there is a bearish trend line....
Ethereum price is ranging at the moment against the US Dollar, and it would be interesting to see if ETH/USD buyers can gain traction or not. Key Highlights. ETH price continues to trade in a range against the US Dollar and Bitcoin, and waiting for a catalyst. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is almost broken, but with no momentum. The price is currently struggling to clear the 100 hourly simple moving average and facing sellers. Ethereum Price Explosion Ahead? As we all know, Ethereum 4th Hard Fork is lined up, and it may....