Ethereum Price Technical Analysis – ETH/USD Prepares For Ride
Ethereum price started a consolidation phase against the US Dollar with resistance at $11.20, and ETH/USD might be preparing for a ride soon. Key Highlights. ETH price after moving towards the $11.20 level against the US dollar found resistance. The price moved down, and broke a bullish trend line on the hourly chart of ETH/USD (data feed via SimpleFX) at $11.10. However, there was no major downside move, as the price continues to consolidate above the $11.00 support. Ethereum Price Consolidation. After a nasty decline towards $10.25, ETH price recovered well against the US Dollar. It....
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Bitcoin remained under the $40,000 level on Sunday, as bears continued to pressure cryptocurrency markets. This pressure also kept ethereum lower, with the world’s second-largest crypto hovering around its long-term support level. Bitcoin Sunday saw the price of bitcoin (BTC) trade lower for a fifth consecutive session, as it was unable to shake off recent bearish pressure. BTC/USD fell to an intraday low of $38,211.65 on Sunday, which was around $500 lower than its bottom to start the weekend. Today’s move sees BTC fall to its lowest point since February 28, and is fast....
Ethereum price correction phase is likely over. It looks like ETH/USD is setting up for another decline back towards the last low of $7.36. Ethereum price ETH continued to face selling pressure, as it attempted a corrective rally against the US Dollar but failed to gain momentum. ETH/USD traded higher towards the $9.00 levels, where it found a bearish trend line on the hourly chart (data feed via Kraken) that perfectly acted as a hurdle for the bulls. There was a bearish candle formed as well after a failure to break the trend line. Ether price also failed just around the 61.8% retracement....
Ethereum price traded higher intraday, and looking at the current technical indicators it looks like it may trade further higher. Key Highlights. Ethereum price managed to move higher against the US Dollar and broke a major resistance area. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD was broken during the recent upside ride. The price is now above the 100 hourly simple moving average, which is a positive sign for the bulls. Ethereum Price Buy. Ethereum price ETH surged higher against the US Dollar and posted a critical break intraday (as....
Ethereum classic price may have tempted a few investors, but in my view, it must get stable first before putting money into it. Key Highlights. Ethereum classic is making a lot of noise from the past couple of days, as there were a few swing moves in ETH/BTC. The ETC/BTC price went from a low of 0.0006BTC to 0.0048BTC high, but failed to retain traction. There was a contracting triangle pattern formed on the 30-min charts of ETH/BTC, which was cleared to open to the doors for a downside move. Ethereum Classic Price Sell. Ethereum classic price ETC was in the news recently for many reasons.....
Ethereum price surged above the $12.00 level, and it looks like ETH/USD bulls gained a lot of momentum. Can they continue to push prices higher? Key Highlights. Ethereum price continued to trade higher vs the US Dollar, and traded above the $12.00 level. Yesterday, I suggested buying dips may be a good deal, and it looks like it played well as the price moved higher. There is a now a bullish trend line formed on the hourly chart (data feed via Kraken) of ETH/USD, which may act as a pivot area in the short term. Ethereum Price Trend Line as Pivot Area. Ethereum price ETH surprised many....