Ethereum Price Technical Analysis – Annoying Range Trading
Ethereum price failed to gain momentum, and remained in a range. Let us see what may happen next and whether there can be any more or not. Key Highlights. ETH price remained in a small range against the US Dollar, which is now annoying for investors. There is a channel pattern formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which may provide us a few moves in the near term. A break above $11.60 is needed for the next move in the ETH/USD pair. Ethereum Price Breakout Pattern. Ethereum price declined a few points yesterday against the US Dollar, as the ETH bulls failed to....
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Ethereum price is still in wait and watch mode. No doubt, there is a major break forming on the hourly chart, which traders must consider before trading. Key Highlights. Ethereum price continued to trade in a very tiny range vs the US Dollar, as there was no real move in ETH/USD. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD is still intact and acting as a resistance for the buyers. On the downside, the 100 hourly simple moving average is acting as a support and preventing losses. Ethereum Price Break. Ethereum price ETH may be annoying to....
Ethereum price after dipping a few points towards $9.20 found support. It looks like ETH/USD is struggling to gain pace in the short term. Ethereum price ETH showed no signs of bullish moves, and continued to trade in a tiny range. It looks like the ETH bulls are not able to find a solid reason to take the price higher. We can say that ETH/USD is currently directionless and it may continue to trade in a range in the short term. There are a couple of bearish trend lines formed on the hourly chart (data feed via Kraken) of ETH/USD, which may ignite moves. The price just moved above the 100....
Ethereum classic price did not gain much against the Bitcoin, and also failed to decline. It looks like the ETC/BTC pair remains lifeless for now. Key Highlights. Ethereum classic price did not move much during the past two days against the US Dollar. There was a push below the 0.00182BTC support, but the price found bids near 0.00180BTC. There is a new small bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is currently preventing an upside move. Ethereum Classic Price Resistance. Ethereum classic price continued to annoy traders, as there was hardly....
Litecoin fell more than 5 percent over the weekend as weakness returned to haunt the cryptocurrency markets. The Bitcoin market is also struggling to cope with the selling pressure and has returned to its crucial support of $220. Litecoin is currently trading at $3.330 and is well within its medium term trading range. In the previous Litecoin price technical analysis Sell on Rallies, we discussed how Litecoin remains weak and any rise in the valuation can be used to go short. That holds valid for even today. The latest technical indicators are nowhere positive or indicate that a reversal....
Ethereum can be seen trading with a bearish bias below 0.0021BTC as bitcoin arrests its decline and aims for a bounce-back. Further strengthening of bitcoin will result in more pain for the Ethereum longs. Ethereum is currently at 0.00204BTC. Image. Let us conduct technical analysis on the 4-H ETH-XBT price chart to predict the future movements in the pair. Chart Structure - If we look at the last 10 candles, it can be seen that Ethereum has been trading in a narrow range of 0.0020-0.0021BTC. The consolidation may continue for the next 48 hours, but a breakout might occur by the end of the....