Ethereum Price Weekly Analysis – Test of Buyers Patience
Ethereum price declined further this past week versus the US dollar, and it looks like ETH/USD buyers are really struggling at the moment. Key Highlights. Ethereum price continued to move down against the US Dollar, and traded below the $10.00 level. There are a few bearish trend lines formed on the 4-hours chart of ETH/USD (data feed via SimpleFX), which are acting as a downside move catalyst. The ETH bulls need to fight hard for an upside move with resistances near $10.25 and $10.55. Ethereum Price Resistances. ETH price declined this week, and recently broke the $10.00 support area for....
Related News
Ethereum classic price extended its decline below 0.00145BTC, and remained at a risk of a move towards the all-important 0.00140BTC. Key Highlights. Ethereum classic price made yet another down move against the Bitcoin, to trade below yesterday’s low to form a new low of 0.00143BTC. This week’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) stopped the buyers once again from taking the price higher. There are chances of additional losses in the near term as long as the trend line resistance is intact. Ethereum Classic Price Continuing Losses. ETC....
Bitcoin Price Key Highlights. The Bitcoin price continued to rocket higher and our bullish bias paid off in the near term. There are many positive signs emerging for the price and the idea of buying dips is still a good option. Bitcoin price traded above the $300 level and it looks like it might test the $350 area if buyers stay in control. Buyers to take the price higher? The Bitcoin price surged higher this past week, as the 4-hours chart clearly speaks a lot about how buyers were in control. The price broke a monster resistance area of $300 and the price even closed the week above the....
Ethereum Price Key Highlights. Ethereum price is still stuck inside its range, finding support at 0.00285 and resistance at 0.00305. Price bounced off the bottom of the range as expected and is on its way to test the top again. Ethereum price could keep moving sideways, especially if the top of the range holds as resistance and spurs another test of support. Buyers Regaining Control. Technical indicators are suggesting that a bounce is underway, with stochastic and RSI both climbing out of the oversold region to indicate a return in bullish momentum. The average directional index is moving....
Filecoin (FIL) has recently shown significant strength against tether (USDT) as the price prepares for a rally to the $8 mark. Despite showing some strength occasionally, the price of Bitcoin (BTC) remains volatile as this has affected FIL. Filecoin (FIL) has struggled to break through the $5 barrier, but it may now be poised to do so. (Data from Binance) Related Reading: A Date For The Mt. Gox Repayment Is Set, How Will This Affect Bitcoin? Filecoin (FIL) Price Analysis On The Weekly Chart FIL prices have dropped from around $240 to $4, with the price struggling to stay afloat during the....
The price of Ethereum (ETH) looks strong and shows more strength against tether (USDT), holding up compared to Bitcoin (BTC). The price of ETH is anticipated to move with more bullish sentiment circulating as we edge closer to “The Merge.” (Data from Binance) Related Reading: ATOM Expands Over 25% In Last Week, Keeps Bullish Run Since Mid-June Ethereum (ETH) Price Analysis On The Weekly Chart The price of ETH closed the week with so much mixed sentiment ahead of the upcoming “Ethereum Merge,” with so many bullish signs lately. ETH’s price was rejected from....