Ethereum Gains 6% Intraday, Sets Sights For 2020 Higher High
Bitcoin shocked the finance world yesterday rocketing more than $1,000 to over $13,000 per BTC at the high. Today, Ethereum is following suit, with 6% already on the books and a chance to soar much higher is here. Here’s what to watch for in ETH and the signs to watch for if the altcoin will […]
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Ethereum extended its rise and traded to a new all-time high at $1,830 against the US Dollar. ETH price is trading in a positive zone and it looks set for more gains towards $1,900. Ethereum corrected lower, but it regained strength to set a new all-time high near $1,830. The price is now trading well […]
Ethereum price gained heavily once again. It looks like there is a chance of more upsides if the bulls remain in control. Intraday Support Level can be $7.10. Intraday Resistance Level may be $7.75. Ethereum price consolidated for a brief period during the past couple of sessions, and finally broke higher. I highlighted a contracting triangle pattern on the hourly chart (data feed via Kraken) yesterday and suggested to wait for a break to enter a trade. The price did move higher and breached a major resistance area of $6.60. After the break, there was a nice upside move that took the price....
Ethereum price rocketed past $11.00 during the past session. It looks like buying dips is the most fruitful idea in the near term. Intraday Support Level may be $11.20. Intraday Resistance Level can be $11.80. Ethereum price after closing the week above $10.0 found support once again and traded higher. I was anticipating a test of $11.00, and the price did break the stated level. A new high of $11.98 was formed, and it looks like there is a chance that the price may trade back higher once again. There was a minor correction noted after the price almost traded close to the $12.0 handle.....
Ethereum price moved above $10, which was a major hurdle. Moving ahead, more gains are likely as the uptrend seems to be intact. Intraday Support Level can be $9.80. Intraday Resistance Level may be $10.50. Ethereum price surprised many traders, but our view of buying it played out well. I even mentioned that there is a chance of it testing the $10 handle. The price did trade higher and broke the $10 handle. I was anticipating some selling pressure near the stated level, but that did not happen. The price continued to move higher and traded as high as $10.48. There is now a bullish trend....
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....