Archive | ethereum analysis

Ethereum Price Analysis: ETH/USD Targets New Highs

Key Highlights ETH price found a strong support around the $525 level and recovered against the US Dollar. Yesterday’s highlighted important bullish trend line is intact with support at $518 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to continue higher and it may perhaps target a new high… […]

Ethereum Price Analysis: ETH/USD Broke Key Resistance

Key Highlights ETH price made a nice upside move and broke the $495 resistance against the US Dollar. There was a break above a major bearish trend line with resistance at $498 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now placed nicely above the $500 level and the 100… […]

Ethereum Price Analysis: ETH/USD Could Extend Declines

Key Highlights ETH price was not able to move above the $510 resistance and is currently under pressure against the US Dollar. There was a break below a crucial bullish trend line with support at $500 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses… […]

Ethereum Price Weekly Analysis: ETH/USD Remains at Risk

Key Highlights ETH price is struggling to move higher above the $510 and $520 resistance levels against the US Dollar. There is a key bearish trend line in place with resistance near $505 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses if it fails… […]

Ethereum Price Analysis: ETH/USD Recovering Higher

Key Highlights ETH price is moving higher and is recovering above the $500 level against the US Dollar. There was a break above a major bearish trend line with resistance at $482 on the hourly chart of ETH/USD (data feed via Kraken). The pair may dip a few points, but it is likely to remain… […]

Ethereum Price Analysis: ETH/USD Faces Tough Challenge

Key Highlights ETH price crashed and declined toward the $440 level recently against the US Dollar. There is a declining channel in place with resistance near the $480 level on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently correcting higher and it may head towards the $490 and $500 resistance… […]

Ethereum Price Analysis: ETH/USD Breaks $500

Key Highlights ETH price declined further and failed to hold the $500.00 handle against the US Dollar. This week’s followed important bearish trend line acted as a barrier near $540 on the hourly chart of ETH/USD (data feed via Kraken). The pair declined below the $500 handle and it may accelerate declines in the near… […]

Ethereum Price Analysis: ETH/USD Approaching Resistance

Key Highlights ETH price is currently correcting higher after a sharp decline toward the $500 level against the US Dollar. Yesterday’s highlighted key bearish trend line is intact with resistance at $545 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to move higher toward the $540 and $545 resistance… […]

Ethereum Price Analysis: ETH/USD Crashes To $500

Key Highlights ETH price declined sharply and traded below the $540 support area against the US Dollar. There is a connecting bearish trend line forming with resistance at $560 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct a few points in the short term, but upsides are likely to… […]

Ethereum Price Weekly Analysis: ETH/USD’s Uphill Task

Key Highlights ETH price is trading in a positive zone above the $570 level against the US Dollar. There is a major bearish trend line in place with resistance near $650 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may perhaps move higher in the short term, but it could struggle… […]

Ethereum Price Analysis: ETH/USD Targets Fresh Highs

Key Highlights ETH price is struggling to clear a significant resistance near $614 against the US Dollar. There is a major bullish trend line formed with support at $598 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to trade in a range before making the next move either above… […]

Ethereum Price Analysis: ETH/USD Eyeing Upside Break

Key Highlights ETH price remained in a positive zone and dips near $590 were well supported against the US Dollar. There is a key bullish trend line in place with support at $602 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to break the $614 resistance for a sustained… […]

Ethereum Price Analysis: ETH/USD Could Trade Higher

Key Highlights ETH price found a strong buying interest near $570-572 and recovered nicely against the US Dollar. There was a break above two key bearish trend lines with resistance near $588 and $591 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading positively above the $600 handle and… […]

Ethereum Price Analysis: ETH/USD’s Double Top Active

Key Highlights ETH price formed a double top pattern and broke a key support at $600 against the US Dollar. Yesterday’s highlighted important bullish trend line was breached at $615 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to complete the double top pattern near the $568-570 support area… […]

Ethereum Price Analysis: ETH/USD Forming Double Top

Key Highlights ETH price traded further higher and tested the $635 resistance area against the US Dollar. There is a key bullish trend line formed with support at $612 on the hourly chart of ETH/USD (data feed via Kraken). The pair has formed a double top pattern near the $635 level and it may decline… […]