Archive | ethereum trading

Ethereum Price Technical Analysis – ETH/USD Remains in Bearish Zone

Key Highlights ETH price recoveries are capped by the $312-314 resistance zone against the US Dollar. There is a new connecting bearish trend line forming with resistance near $308 on the hourly chart of ETH/USD (data feed via SimpleFX). The price migh…

Ethereum Price Technical Analysis – Can ETH/USD Bounce Back?

Key Highlights ETH price declined below the $295 support against the US Dollar before finding support. Yesterday’s highlighted connecting bearish trend line with resistance at $301 was broken on the hourly chart of ETH/USD (data feed via SimpleFX). The…

Ethereum Price Technical Analysis – ETH/USD Broke Short-term Support

Key Highlights ETH price struggled to remain above the $337 support zone against the US Dollar and moved down. There was a break below a key bullish trend line with support at $332 on the hourly chart of ETH/USD (data feed via SimpleFX). The price migh…

Ethereum Price Technical Analysis – ETH/USD Poised for Further Gains

Key Highlights ETH price is trading higher and is currently attempting a break above $346 against the US Dollar. There is a new connecting bullish trend line forming with support at $336 on the hourly chart of ETH/USD (data feed via SimpleFX). The pric…

Ethereum Price Weekly Analysis – ETH/USD Remains in Uptrend

Key Highlights ETH price gained strength recently and cleared a major resistance at $312 against the US Dollar. There is a monster ascending channel forming with resistance at $346 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair migh…

Ethereum Price Technical Analysis – ETH/USD’s Short Term Break

Key Highlights ETH price is under pressure and moved below the $302 support against the US Dollar. There was a break below a bullish trend line with support at $302 on the hourly chart of ETH/USD (data feed via SimpleFX). The price is now below the 100…

Ethereum Price Technical Analysis – ETH/USD Steady Above $300

Key Highlights ETH price traded with a slight bullish tone and moved above the $300 level against the US Dollar. There are two bullish trend lines forming with support at $302.40 and $299.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The …

Ethereum Price Technical Analysis – ETH/USD’s Choppy Moves

Key Highlights ETH price did not move much from the $292 swing low against the US Dollar. There is a short-term contracting triangle forming with resistance at $302.50 on the hourly chart of ETH/USD (data feed via SimpleFX). On the downside, a short-te…

Ethereum Price Technical Analysis – ETH/USD’s Support Turned Resistance

Key Highlights ETH price declined recently and traded towards the $286 support against the US Dollar. There is a major bearish trend line forming with resistance at $300.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might correc…

Ethereum Price Weekly Analysis – ETH/USD To Surpass $330?

Key Highlights ETH price is slowly and steadily moving higher towards $330 against the US Dollar. There is a major bullish trend line forming with support at $294 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might continue to move…

Ethereum Price Technical Analysis – ETH/USD to Retest $300?

Key Highlights ETH price has recovered well from the $286 low against the US Dollar. There was a break above a short-term bearish trend line with resistance at $289 on the hourly chart of ETH/USD (data feed via SimpleFX). The price is now above the 100…

Ethereum Price Technical Analysis – Can ETH/USD Capitalize?

Key Highlights ETH price is attempting an upside move above $290 against the US Dollar, but lacking momentum. There was a break above a key bearish trend line with resistance at $290 on the hourly chart of ETH/USD (data feed via SimpleFX). The price ne…

Ethereum Price Technical Analysis – ETH/USD’s Annoying Range

Key Highlights ETH price continues to trade in a range above the $290 level against the US Dollar. There is a short-term contracting triangle forming with resistance at $299 on the hourly chart of ETH/USD (data feed via SimpleFX). A close above the $299 level might trigger some buying interest above the $300 level. Ethereum […]

Ethereum Price Weekly Analysis – ETH/USD Remains Supported

Key Highlights ETH price moved to and fro above the $250 level this past week against the US Dollar. There is a crucial ascending channel forming with support at $282 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might correct a few points towards $285-280, but it remains supported on the […]

Ethereum Price Technical Analysis – ETH/USD Fails Again?

Key Highlights ETH price failed to gain momentum and broke the $300 support against the US Dollar. Yesterday’s highlighted connecting bullish trend line with support at $296 on the hourly chart of ETH/USD (data feed via SimpleFX) was broken. There is a new bearish trend line forming with current resistance at $294.50 on the same […]