Ethereum Price Technical Analysis – ETH/USD Selling Worked

Ethereum classic price fell once again versus the Bitcoin and it looks like ETC may remain under a bearish pressure for some time. Key Highlights. Ethereum classic price traded further lower against the Bitcoin, and tested the last low of 0.00182BTC. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a perfect barrier for the bulls. The price is under a bearish pressure, and sellers may attempt to break the last low of 0.00182BTC. Ethereum Classic Price Downside Move. Ethereum classic price struggle to trade higher against Bitcoin....

Ethereum price traded further down and broke yesterday’s low. Can losses extend or ETH/USD could manage to correct higher in the short term? Ethereum price ETH was under a lot of bearish pressure intraday against the US Dollar, and my suggested idea of selling near the 100 hourly simple moving average worked well. The target of $10.40 was achieved, and the price event broke the swing low of $10.00 to form a new low of $9.89. The price is currently consolidating in a tiny range and facing sellers near the 23.6% Fib retracement level of the last drop from the $11.65 high to $9.89 low. There....

Ethereum classic price declined further versus Bitcoin and traded as low as 0.00208BTC where somehow buyers managed to protect losses. Key Highlights. Ethereum classic price moved down against Bitcoin and my idea of selling worked well. There is now a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is currently acting as a resistance. There are chances of more declines in ETC as long as it is below the trend line. Ethereum Classic Price Decline. Ethereum classic price failed to gain momentum this past week against Bitcoin and declined. I was looking....

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 surged higher and created a new high above $9.5. Let’s see whether it can rise further in the near term. Intraday Support Level can be $7.80. Intraday Resistance Level may be $9.00. Ethereum price rocketed higher during the past two days. Both days we were looking to buy Ethereums and our plan worked perfectly. First, we were looking to buy with a break, and then yesterday, I suggested to buy dips. The price did correct a few points down yesterday, and then found buyers. There was a sharp upside reaction after the correction was completed. The price climbed higher and even....