Archive | ethereum trade

Ethereum Price Technical Analysis – ETH/USD Decline Looks Real

Key Highlights ETH price faced a lot of selling pressure recently and declined below $810 against the US Dollar. Yesterday’s highlighted major bearish trend line with current resistance at $820 is intact on the hourly chart of ETH/USD (data feed via SimpleFX). The pair may correct a few points in the short term, but it […]

Ethereum Price Technical Analysis – ETH/USD Nosedives Below $900

Key Highlights ETH price failed to gain pace above $940 and declined sharply against the US Dollar. There was a break below a major bullish trend line with support at $925 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now trading below the $900 level and it seems like the […]

Ethereum Price Weekly Analysis – ETH/USD Bullish above $880

Key Highlights ETH price succeeded in moving higher this past week to trade above $900 against the US Dollar. There is a key ascending channel forming with support at $880 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair may continue to rise as long as the mentioned $880 support is intact. […]

Ethereum Price Technical Analysis – ETH/USD Eyes More Upsides

Key Highlights ETH price is rising and is currently trading above the $920 level against the US Dollar. There is a key bullish trend line forming with support at $890 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair may continue to rise and it could even break the recent high of […]

Ethereum Price Technical Analysis – ETH/USD to Rise Short-term

Key Highlights ETH price is slowly moving higher and is currently trading above $830 against the US Dollar. There is a major bullish trend line forming with support at $832 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is likely to grind higher and it could even trade above the $860 […]

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

Key Highlights ETH price has formed a decent support base at $770 and is currently moving higher against the US Dollar. There was a break above a short term bearish trend line with resistance at $800 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is likely to gain upside momentum and […]

Ethereum Price Weekly Analysis – ETH/USD to Correct Lower?

Key Highlights ETH price climbed higher this past week above the $880 level before facing sellers against the US Dollar. There is a major bearish trend line forming with resistance at $860 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair is currently correcting higher and it may correct further towards the […]

Ethereum Price Technical Analysis – ETH/USD Eyeing Upside Break?

Key Highlights ETH price is trading inside a range above the $775 support level against the US Dollar. There is a short-term contracting triangle forming with current resistance at $830 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair may soon make the next move and it could break $830-840 to trade […]

Ethereum Price Technical Analysis – ETH/USD Could Gain Momentum

Key Highlights ETH price made a nice upside move and traded above the $780 resistance against the US Dollar. There was a break above a major bearish trend line with resistance at $775 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now placed nicely above the $780 level and the […]

Ethereum Price Technical Analysis – ETH/USD Struggling Near $780

Key Highlights ETH price after declining further, formed a low at $553 and started an upside recovery against the US Dollar. There is a major bearish trend line forming with resistance at $780 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is struggling to break the $780 resistance level and it […]

Ethereum Price Weekly Analysis – ETH/USD Facing Crucial Resistance

Key Highlights ETH price declined sharply this past week and traded as low as $740 against the US Dollar. There was a break below a major bullish trend line with support at $1,115 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair is currently correcting higher, but it is facing a major […]

Ethereum Price Technical Analysis – ETH/USD Tumbles Below $1,000

Key Highlights ETH price started a new downside wave and moved below the $1,000 support against the US Dollar. There was a break below a connecting bullish trend line with support at $1,120 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now trading well below the $1,000 level and it […]

Ethereum Price Technical Analysis – ETH/USD to Resume Uptrend?

Key Highlights ETH price recovered well from the $1,009 low and is currently trading above $1,110 against the US Dollar. Yesterday’s highlighted major bearish trend line with resistance at $1,090 was broken on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently showing a lot of positive signs and it could […]

Ethereum Price Weekly Analysis – ETH/USD Gaining Momentum

Key Highlights ETH price is trading higher and it recently moved above the $1010 resistance against the US Dollar. There was a break above a significant bearish trend line with resistance at $1006 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair is gaining momentum and it could move above the $1160 […]

Ethereum Price Technical Analysis – ETH/USD Recovers Positively

Key Highlights ETH price formed a bottom around the $900 level and recovered nicely against the US Dollar. This week’s highlighted key bearish trend line was broken at $975 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair moved higher and was able to trade above the $1020 and $1050 resistance levels. […]