Archive | ethereum technical analysis

Ethereum Price Technical Analysis – ETH/USD Bearish Below $1030

Key Highlights ETH price declined recently and traded toward the $900 level against the US Dollar. There is a key bearish trend line forming with resistance at $1030 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair has to move above the $1030 resistance and the 100 hourly simple moving average to […]

Ethereum Price Technical Analysis – ETH/USD Testing $1000 Support

Key Highlights ETH price traded as high as $1151 before starting a downside correction against the US Dollar. There is a short-term bearish trend line forming with resistance at $1050 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently trading just above the $1000 level and is struggling to remain […]

Ethereum Price Weekly Analysis – Can ETH/USD Overcome This?

Key Highlights ETH price is trading nicely above the $1000 level and is moving positively against the US Dollar. There is a monster bearish trend line acting as a resistance at $1150 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair has to settle above $1150 and the 100 simple moving average […]

Ethereum Price Technical Analysis – ETH/USD Facing Crucial Resistance

Key Highlights ETH price started a decent upside recovery after trading as low as $753 against the US Dollar. There is a major bearish trend line with resistance at $1065 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is struggling to break the $1070 and $1085 resistance levels and is slowly […]

Ethereum Price Technical Analysis – Can ETH/USD Recover Further?

Key Highlights ETH price declined heavily and moved toward the $700 level before recovering against the US Dollar. Yesterday’s highlighted connecting bearish trend line was broken at $1020 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair may continue to move higher, but is likely to face sellers near the $1090 and […]

Ethereum Price Technical Analysis – ETH/USD Bearish Below $1100

Key Highlights ETH price declined sharply and traded below the $1100 and $1000 support levels against the US Dollar. There is a new connecting bearish trend line forming with resistance at $1060 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently under a lot of bearish pressure and it could […]

Ethereum Price Technical Analysis – ETH/USD Declined Below $1275

Key Highlights ETH price was under a lot of pressure and it declined below the $1300 and $1275 supports against the US Dollar. There are two bearish trend lines forming with resistances at $1276 and $1320 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently recovering, but it could face […]

Ethereum Price Technical Analysis – Can ETH/USD Hold $1300?

Key Highlights ETH price started a downside correction from the $1415 swing high against the US Dollar. There was a break above a key bearish trend line with resistance at $1310 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair has to stay above the $1290-1300 levels to stay in the bullish […]

Ethereum Price Weekly Analysis – ETH/USD Breaks $1400

Key Highlights ETH price extended its gains and was able to move above $1400 against the US Dollar. There was a break above a major descending channel with resistance at $1230 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might continue to extend its gains above the $1400 level in the […]

Ethereum Price Technical Analysis – Can ETH/USD Hold 100 SMA

Key Highlights ETH price is currently correcting lower after trading as high as $1379.12 against the US Dollar. There is a descending channel forming with support around the $1200 level on the hourly chart of ETH/USD (data feed via SimpleFX). The pair must hold the $1200 support and the 100 hourly simple moving averages to […]

Ethereum Price Technical Analysis – ETH/USD Eyes $1400

Key Highlights ETH price is moving higher and it recently broke the $1300 level against the US Dollar. There was a break above a major contracting triangle pattern with resistance at $1260 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher, and it could even test the […]

Ethereum Price Technical Analysis – ETH/USD To Break $1200

Key Highlights ETH price is gaining solid bullish momentum and it recently broke the $1150 level against the US Dollar. There was a break above a crucial resistance trend line at $1100 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might extend the recent gains and it could even break above […]

Ethereum Price Weekly Analysis – ETH/USD Target $1105

Key Highlights ETH price is moving nicely above the $1,000 level and it heading higher against the US Dollar. There are two major bullish trend lines forming with support at $990 and $770 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher and the next target for […]

Ethereum Price Technical Analysis – ETH/USD Surging; More Gains Possible

Key Highlights ETH price is moving nicely and it recently traded close to the $1000 level against the US Dollar. There is a monster bullish trend line forming with support at $960 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher and there are chances of more […]

Ethereum Price Technical Analysis – ETH/USD Gunning Toward $1000

Key Highlights ETH price is surging higher and it recently moved above the $900 level against the US Dollar. There is a crucial bullish trend line forming with support at $890 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair remains in a super bullish trend and it is likely to move […]