Archive | ethereum analysis

Ethereum Price Technical Analysis – ETH/USD To Rise Further

Key Highlights ETH price made a nice upside move and traded above the $720 resistance against the US Dollar. There are two important bullish trend lines forming with support at $685 on the hourly chart of ETH/USD (data feed via SimpleFX). On the upside, a break above the $735 level would open the doors for […]

Ethereum Analysis December 14, 2017

ETH/USD Ethereum rallied significantly during the trading session on Wednesday, bouncing from the $600 level, and reaching towards the $700 level. At this point, waiting on pullbacks will be necessary to pick up value in a market that is starting to run away, albeit on low-volume over the last several hours.   ETH/BTC Ethereum has […]

Ethereum Price Technical Analysis – ETH/USD Upside Drift

Key Highlights ETH price surged above the $640 level recently and traded to a new all-time high at $653 against the US Dollar. A monster connecting trend line with resistance near $650-660 is preventing gains on the hourly chart of ETH/USD (data feed via SimpleFX). On the downside, there is a bullish trend line with […]

Ethereum Analysis December 13, 2017

ETH/USD Ethereum broke out over the last day, clearing the $500 level. It now looks to go parabolic and race towards the $600 level, which is the extension of a measured move from the previous rectangle. $600 should offer resistance, so look for a pullback at that point. $500 should be support going forward.   […]

Big Bullish love for Ethereum and Litecoin

The Bitcoin Bulls dominated last week with some heavy swings in both directions but mainly upwards. Crypto’s King made all the major news channels and papers as it shot from just over $11,000 to over $18,000 in less than a week. Regulated US exchanges launching their futures contracts also added to the zeal in the […]

Ethereum and Waves to setup self-regulation

Recent clampdowns on ICOs by a number of nations, China being the most prominent, have been spurred by the need for more regulation. Currently trading in crypto-land can be a bit like going to the casino in the Wild West. There is no safety net and no regulation on ICOs; anyone can start something up. […]

Ethereum Price Technical Analysis – ETH/USD Surges to New All-time High

Key Highlights ETH price spikes higher and breaks the $500 and $515 resistance levels against the US Dollar. There was a break above a major contracting triangle with resistance at $470 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently unstoppable and it might soon blast towards the $550 level. […]

Ethereum Analysis December 12, 2017

ETH/USD Ethereum has been choppy over the last several days, as the weekend was noisy. Most of the interest around the world seems to be focused on Bitcoin and the reaction of the Chicago’s future markets, so Ethereum has creeped to the back burner. However, it looks as if we are making a serious run […]

Ethereum Price Weekly Analysis – ETH/USD Uptrend Intact

Key Highlights ETH price rushed towards the $495-500 resistance recently where it faced sellers against the US Dollar. There is a major bullish trend line forming with support near $408 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might continue to move lower, but it remains supported on the downside near […]

Ethereum Analysis December 11, 2017

ETH/USD Ethereum rallied rather significantly during the trading session on Friday, reaching as high as $450, but ran into significant resistance. As we consolidate between the $425 on the bottom, and $450 on the top of the short-term range, I suspect we are going to continue to see choppy conditions. I do however feel that […]

Ethereum Analysis December 8, 2017

ETH/USD Ethereum fell during most of the trading session on Thursday, but found the $400 level to be supportive enough to cause a bounce. By looking at the chart, I see a cluster of trading activity near the $430 handle, so move above there has been bullish of Ethereum again, looking to reach towards the […]

Ethereum Price Technical Analysis – ETH/USD’s Bearish Path

Key Highlights ETH price declined further and followed a short-term bearish path below $445 against the US Dollar. There are two bearish trend lines forming with resistance at $428 and $442 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might correct towards $440-442 in the near term, but could face sellers. […]

Ethereum Analysis December 7, 2017

ETH/USD   Ethereum fell during the Wednesday session against the US dollar, but is starting to find support near the $435 level. Currently, I believe that there is even more support closer to the $430 level, but a move above the $450 level should signify that the market is ready to continue to go higher. […]

Ethereum Analysis December 5, 2017

ETH/USD Ethereum continues to look relatively flat against the US dollar, while at the same time Bitcoin has been rallying. Because of this, I think that we are essentially stuck in a range between $450 level on the bottom, and $500 on the top. However, on the hourly chart we are starting to see the […]