Ethereum Price Technical Analysis – ETH/USD Ranging Before Next Move

Ethereum price after completing a tiny correction versus the US Dollar gained bids at $10.80. Can it continue to move higher in the near term? Key Highlights. ETH price started a minor correction against the US Dollar yesterday and currently attempting to move back higher. There is a minor bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which buyers need to break for an upside move. They also need to overcome the 100 hourly simple moving average, positioned just around the trend line. Ethereum Price Sighting Break. Ethereum price ETH started a correction....

Ethereum price is ranging at the moment against the US Dollar, and it would be interesting to see if ETH/USD buyers can gain traction or not. Key Highlights. ETH price continues to trade in a range against the US Dollar and Bitcoin, and waiting for a catalyst. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is almost broken, but with no momentum. The price is currently struggling to clear the 100 hourly simple moving average and facing sellers. Ethereum Price Explosion Ahead? As we all know, Ethereum 4th Hard Fork is lined up, and it may....

Ethereum Price Key Highlights. Ethereum price is still slowly climbing, transitioning into a rising wedge formation from an earlier ascending channel. Price bounced off the mid-channel area of interest as predicted in an earlier article, reflecting increased bullish pressure. With the consolidation getting tighter and ethereum price approaching the peak of the wedge, a breakout in either direction is imminent. Waiting for Bitcoin Breakout? Bitcoin is also stuck in a consolidation pattern, as traders are probably on the lookout for more catalysts. This has kept ethereum price in....

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....

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....