Ethereum Price Technical Analysis – ETH/USD Gunning Higher
Ethereum price gained heavy bids against the US Dollar, and moved higher. It looks like the ETH/USD pair is now bullish and set for more upsides. Key Highlights. ETH price surged higher against the US Dollar and broke the $9.20 resistance. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD was broken to clear the way for more gains. The price looks set for a test of the $10.00 handle if the current trend remains intact. Ethereum Price Buy. Yesterday, we saw how ETH price was struggling to break the $8.40 level against the US Dollar. There....
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Ethereum price seems to have its sights set higher after breaking out of a descending triangle on its 4-hour chart. Technical indicators are also supporting further gains. Ethereum price had previously consolidated inside a descending triangle pattern, forming lower highs and finding support at 0.00250. At the moment, ethereum price is testing the near-term resistance at the 0.00300 level, waiting for more bulls for another leg higher. An upside break past this level could take it up to the next area of interest at 0.00330-0.00350 then onwards to the larger triangle highs at 0.00400.
Ethereum price surge continued intraday vs the US Dollar. It looks like ETH/USD may be boosted further, but I suggest trading with caution. Key Highlights. Ethereum price showed no mercy to the sellers’ vs the US Dollar, as it continued to rocket higher. A new high was formed in ETH/USD, as the price surged above the $17.00 level. Looking at 4-hours chart (data feed via Kraken) of ETH/USD, the technical indicators are around overbought levels, which is a warning sign. Ethereum Price Overbought? Ethereum price ETH made a new high against the US dollar for the second time in a new this week,....
Bitcoin price is safely inside its ascending channel on the 4-hour time frame and is making a run for the resistance again. Bitcoin Price Key Highlights. Bitcoin price gained further upside traction upon bouncing off the ascending channel support highlighted in earlier articles. Price is now making its way towards the top of the channel near the $780 highs or onto the $800 handle. Technical indicators are confirming that bulls are still in control of bitcoin action. Technical Indicators Signals. The 100 SMA is above the longer-term 200 SMA still, which means that the path of least....
Ethereum price finally broke $20.0, which is a sign that the ETH bulls are in control. Can it continue to trade higher or should we trade safe? Key Highlights. Ethereum price finally tested and broke my much anticipated target of $20.0 against the US Dollar. During my last couple of analysis, I highlighted that the price may test or even break the $20.0 resistance level in the short term. There was a resistance trend line on the hourly chart (data feed via Kraken) of ETH/USD, which was cleared recently to open the doors for more upsides. Ethereum Price Support. Ethereum price ETH continued....
Ethereum price retained the bullish bias against the US Dollar to settle above $11.20. ETH/USD may continue to move higher in the short term. Key Highlights. ETH price remained in an uptrend against the US Dollar, and tested the $11.30 level as forecasted. Yesterday’s highlighted ascending channel pattern on the hourly chart of ETH/USD (data feed via SimpleFX) is still active and taking the price higher. The price is likely to trade further higher may be towards the $11.43 level. Ethereum Price Trend. There were continuous bids presented, which is why there were more gains towards $11.30....