Ethereum Price Technical Analysis – Recovers After Assault

Ethereum Price Technical Analysis – Recovers After Assault

Ethereum price after nosediving towards the $11.80 level found support and currently attempting to recover in the near term. Key Highlights. ETH price collapsed yesterday against the US Dollar due to a reported EXP attack. There was a crucial bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD, which managed to protect the downside move. The price is now recovering, and may attempt to settle above the 100 hourly simple moving average. Ethereum Price Support. Yesterday, there was a reported attack, which ignited a sharp downside move in Ethereum price. The ETH/USD....


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Ethereum Classic Price Technical Analysis – Test of 0.0020BTC Likely

Ethereum classic price faced a lot of offers recently versus Bitcoin, and it may continue to face sellers in the near term. Key Highlights. Ethereum classic price continued to weaken against Bitcoin and looks set for more losses moving ahead. There is a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which may act as a hurdle if the price recovers. It looks like the ETC may decline further and test the all-important 0.0020BTC level. Ethereum Classic Price Decline. Ethereum classic price failed to move higher against Bitcoin and traded lower. In my last....

Ethereum Price Technical Analysis – Wait And Watch Mode

Ethereum price remained under a lot of pressure, but if the sentiment remains stable, there is a chance of a minor correction in the near term. Key Highlights. Ethereum price after the recent assault against the US Dollar started to catch bids near $10.20 against the US Dollar. There is a contracting triangle pattern formed on the hourly chart (data feed via Kraken) of ETH/USD, which may provide us the next break. A break above it might take the price higher, and could ignite a larger recovery. Ethereum Price Break. Ethereum price ETH looks like stable now against the US Dollar after a....

Ethereum Price Technical Analysis – ETH/USD Reached Crucial Juncture

Ethereum price extended its downside against the USD, and moved below $7.00. However, the ETH/USD pair has now reached a monster support just above $6.00. Key Highlights. ETH price collapsed further against the US Dollar and Bitcoin, and reached a monster support around $6.20-40. There are two bearish trend lines formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which may act as a resistance if the price recovers. No doubt, the price has reached a major turning points or we may call it as make it or break it levels. Ethereum Price Support to Hold Downsides? ETH price failed....

Ethereum Price Action Suggest More Downsides Below $330: Here’s Why

Ethereum is struggling to recover above the $345 and $350 resistance levels against the US Dollar. ETH price is likely to continue lower below $330 unless it recovers above $355. Ethereum corrected a few points higher, but it failed to climb above the $350 level. The price is declining below $345 and it is well […]

Ethereum Price Analysis: March 8 - 14

Ethereum price has broken its last year $22 record. What is the reason for such a powerful surge? ETH/USD. What caused the price surge. There are several reasons for the price rally. They arise from the technical analysis and news. One of the major volatility factors is the conference that took place in Sydney, on March 7-9. The event was devoted to the current problems and future opportunities in the crypto industry. As for the technical part of the price rally, Ethereum price has stopped at a key resistance of the $20 point. At that mark, there are key lines ending the entire trend from....