Ethereum Price Technical Analysis – Crucial Resistance at $10.60-70
Ethereum price declined yesterday after the US presidential election outcome, and it looks like it is currently under a major resistance area against the US Dollar. Key Highlights. ETH price dived yesterday against the US Dollar and Bitcoin after Donald Trump won the US President Seat. There are a few bearish trend lines formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which are acting as a crucial resistance at $10.60-65. As long as the price is below the stated resistance levels, it remains under a bearish pressure. Ethereum Price Resistance. ETH price faced a lot of....
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Ethereum classic price struggle continued during the past 24 hours against Bitcoin. More losses ahead in the ETC/BTC pair? Key Highlights. Ethereum classic price continued to dive against Bitcoin and traded as low as 0.00258BTC. This week’s highlighted crucial bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) is still in play and acting as a resistance. The price may correct a few pips lower in the short term, but remains in a downtrend. Ethereum Classic Price Resistance. Ethereum classic price ETC remained under a lot of bearish pressure against Bitcoin, and there....
Litecoin rises 2.92 percent to $3.098 as it breaks away from the consolidation phase which lasted for 7 consecutive days. This is also the highest closing level for Litecoin in over a month. The rise in Litecoin could also be partly attributed to a strong surge in Bitcoin on the back of a strong momentum breakout. Helped by the price jump, Litecoin is now in the sniffing distance of a crucial overhead resistance which we discussed in the previous Litecoin analysis In a Fix? Below are the latest technical considerations taken from the daily LTC-USD price chart. Helped by the price jump,....
Ethereum classic price found bids one more time near 0.0033-35BTC. Can ETC buyers succeed in taking the price higher in the near term? Key Highlights. Ethereum classic price traded down once again versus Bitcoin, but somehow managed to find bids at 0.0035BTC There is a crucial bearish trend line formed on the 30-min chart of ETC/BTC (data feed via Simplefx), which is preventing the upside break. The price is also below the 100 simple moving average on the same chart, acting as a resistance. Ethereum Classic Price Resistance. Ethereum classic price ETC after finding sellers near yesterday’s....
Ethereum price started a recovery from the $11.00 low against the US dollar, but it is eventually moving towards a crucial resistance area. Key Highlights. ETH price managed to correct a few points higher during the past few hours against the US Dollar. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is still active on the upside to stop any further gains. The price may be recovering in the short term, but it’s hard to call the current wave as a real recovery. Ethereum Price Resistance. ETH price looks like started a recovery against the....
Ethereum price recovery is currently protected by a bearish trend line. Let’s see if there is a break possible in the near term or not. Key Highlights. Ethereum price started a recovery against the US dollar, but finding a crucial resistance on the way up. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD is still in play and acting as a major resistance. As long as the price is below the highlighted trend line resistance, it may continue to face selling pressure. Ethereum Price Resistance. Ethereum price ETH attempted once again to trade....