Archive | Ethereum Price analysis

Ethereum Price Technical Analysis – ETH/USD Approaching Support

Key Highlights ETH price surged higher and traded as high as $344.46 against the US Dollar. There is a connecting bullish trend line with support at $308 forming on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is approaching the $310-308 support area and likely to find buyers on the dips. Ethereum […]

Ethereum Price Technical Analysis – ETH/USD Crawling Higher

Key Highlights ETH price after declining towards $280 found support and started an upside move against the US Dollar. There was a break above a connecting bearish trend line at $292 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is slowly moving higher and about to break the $300 resistance in […]

Ethereum Price Weekly Analysis – Can ETH/USD Make It?

Key Highlights ETH price struggled twice to break the $317 level against the US Dollar and later moved down. There is a crucial breakout pattern forming with support at $270 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair must gain momentum above $302 to gain further in the near term. Ethereum […]

Ethereum Price Technical Analysis – ETH/USD Primed For Lift-Off

Key Highlights ETH price recovered well recently and moved above the $293.50 resistance against the US Dollar. There is an ascending channel pattern with support at $290.50 forming on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might dip a few points, but likely to find support near $293 or $290. Ethereum […]

Ethereum Price Technical Analysis – ETH/USD Recovering Higher

Key Highlights ETH price after trading as low as $286.13 against the US Dollar started a short-term correction. There was a break above a steep bearish trend line with resistance at $293.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher and could even test a major […]

Ethereum Price Weekly Analysis – ETH/USD Pressured By Bitcoin

Key Highlights ETH price remained elevated above $280 against the US Dollar, but currently under pressure due to Bitcoin price rise. There was a break below a major bullish trend line with support at $303.50 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair is currently under pressure and may struggle to […]

Ethereum Price Technical Analysis – ETH/USD Calm Before Storm?

Key Highlights ETH price remained below the $308-310 resistance against the US Dollar. There is a connecting bearish trend line with resistance at $308 forming on the hourly chart of ETH/USD (data feed via SimpleFX). There pair is move to and fro between $290-308 before making the next move in the near term. Ethereum price […]

Ethereum Price Technical Analysis – ETH/USD False Downside Break?

Key Highlights ETH price corrected lower after trading as high as $313.62 against the US Dollar. There was a false break noted below a bullish trend line with support at $290 on the hourly chart of ETH/USD (data feed via SimpleFX). There pair is back above the bullish trend line, but struggling to move above […]

Ethereum Price Technical Analysis – ETH/USD Primed for Gains

Key Highlights ETH price continued to gain momentum and was able to move above the $290 resistance against the US Dollar. There are two bullish trend lines forming with supports as $301 and $285 on the hourly chart of ETH/USD (data feed via SimpleFX). There pair remains buy on dips near $300-285 and it is […]

Ethereum Price Weekly Analysis – ETH/USD Resumes Trend

Key Highlights ETH price week after gaining bids this past week moved higher and broke the $237 resistance against the US Dollar. There was a break above a major bearish trend line at $226 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair recently traded as high as $263.22 and any dips […]

Ethereum Price Technical Analysis – ETH/USD Grinding Higher

Key Highlights ETH price remained supported above the $215 level against the US Dollar and moved higher. Yesterday’s highlighted short-term contracting triangle with resistance near $220-218 on the hourly chart of ETH/USD (data feed via SimpleFX) was broken. There pair is slowly moving higher, but lacks bullish momentum for a break above $226. Ethereum price […]

Ethereum Price Technical Analysis – ETH/USD Struggle To Gain Momentum

Key Highlights ETH price failed to gain pace above the $231 level against the US Dollar, and moved down. Yesterday’s highlighted connecting bullish trend line with support at $221 on the hourly chart of ETH/USD (data feed via SimpleFX) was broken. There is a chance that the price might extend the recent correction towards the […]

Ethereum Price Technical Analysis – ETH/USD Eyes Further Upsides

Key Highlights ETH price gained bullish momentum and traded towards $230 against the US Dollar. There is a connecting bullish trend line with support at $221 forming on the hourly chart of ETH/USD (data feed via SimpleFX). On the upside, a push above the recent high of $231.92 is needed for more gains. Ethereum price […]

Ethereum Price Technical Analysis – ETH/USD Gaining Pace

Key Highlights ETH price managed to move above the $194 resistance against the US Dollar and traded towards $208. There was a break above a short-term bearish trend line at $194 on the hourly chart of ETH/USD (data feed via SimpleFX). The price is currently trading near the last swing high of $208 and attempting […]

Ethereum Price Technical Analysis – ETH/USD Upside Break?

Key Highlights ETH price gained bids recently and moved above the $192.00 resistance against the US Dollar. There was a break above a bearish trend line at $188 on the hourly chart of ETH/USD (data feed via SimpleFX). The price is currently struggling to move above the 100 hourly simple moving average and the $196 […]