Ethereum Price Technical Analysis – ETH/USD Eyeing $12.00?
Ethereum price maintained its bullish tone against the US Dollar and Bitcoin. ETH/USD now looks set for further gains may be towards $12.00. Key Highlights. ETH price surged past more resistances against the US Dollar and traded above the $11.10 resistance. There is a new tiny connecting bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD, which may act as a support on the downside. The price may continue to gain pace, and could even head higher towards the $12.00 handle. Ethereum Price Upside Surge. There was no stopping the ETH buyers, as the ETH price surged past....
Related News
Ethereum Price Key Highlights. Upon breaking below the bottom of the rising wedge consolidation pattern recently, ethereum price has its sights set on new lows. Technical indicators suggest that the selloff is gaining traction but that a pullback to the broken support zones might still be possible. Ethereum price is eyeing further downside and might be ready to test the yearly lows as seen on the 4-hour time frame. Bearish Pressure Rising. Bitcoin price has broken to the upside of its consolidation pattern, which may have been partly to blame for the downside break in ETHXBT. The chart....
Ethereum price started to move higher. And, if the bulls remain in action there is a chance of a retest of the $14.20-50 resistance area. Intraday Support Level can be $13.00. Intraday Resistance Level may be $14.20. Ethereum price declined in the 3rd wave to trade near the $12.00 support area, which acted as a perfect buy zone and pushed the price back higher. The price is currently under a minor divergence, suggesting more gains. There is a two point resistance trend line forming on the hourly chart (data feed via Kraken), which can be seen as the next stop for the price. The price has....
Bitcoin price has, during the past three days, formed a series of lower highs and higher lows in a pattern that resembles the consolidation prior to a decline. There are technical indications that a pull lower is on the cards, but it may not get far. This analysis is provided by xbt.social with a 3-hour delay. Read the full analysis here. Not a member? Join now and receive a $29 discount using the code CCN29. Bitcoin Price Analysis. Time of analysis: 15h00 UTC. Bitfinex 1-Hour Chart. From the analysis pages of xbt.social, earlier today: The Bitfinex 1-hour chart shows the decline since the....
Ethereum price surged higher and broke a major resistance area. Buying dips in the short term may be considered eyeing a test of $10.40. Ethereum price ETH managed to break a range pattern vs the US Dollar and popped higher. During the upside move ETH/USD managed to break a couple of important barriers, including a bearish trend line on the hourly chart (data feed via Kraken). The most important move was above the 100 hourly simple moving average, which is a signal that the ETH bulls are in control at present. The price almost tested the $10.0 handle, and currently consolidating gains. I....
The price of Ethereum currently trades for $420. This price is $100 higher than the September lows and around 15% higher than the coin was trading last week. ETH is expected to push higher in the weeks ahead as it surmounts pivotal technical levels on a short-term basis. Analysts are eyeing a move to $500 as $420 holds as support. Ethereum Expected to Move Towards $500 as Key Levels Are Passed Ethereum has undergone a […]