Archive | ethereum trading

Ethereum Price Analysis: ETH/USD Poised for More Upsides

Key Highlights ETH price is gaining momentum and it could break the $304 resistance for more upsides against the US Dollar. There was a break above a key bearish trend line with resistance at $295 on the hourly chart of ETH/USD (data feed via Kraken). The pair might decline a few points towards $290 and… […]

Ethereum Price Analysis: ETH/USD’s Failure Near $300 Explained

Key Highlights ETH price traded higher, but it failed to hold gains above $300 against the US Dollar. There is a major bearish trend line capping gains with current resistance at $299 on the hourly chart of ETH/USD (data feed via Kraken). The pair may dip a few points and it could test the $273… […]

Ethereum Price Analysis: ETH/USD Correction Facing Hurdle Near $300

Key Highlights ETH price started a short-term correction and moved above the $275 level against the US Dollar. This week’s followed important bearish trend line is in place with resistance at $300 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to find a strong selling interest near the $295,… […]

Ethereum Price Analysis: ETH/USD Could Drop To $200-220

Key Highlights ETH price extended declines and dropped below the $260 support zone against the US Dollar. Yesterday’s highlighted crucial bearish trend line is intact with resistance at $305 on the hourly chart of ETH/USD (data feed via Kraken). The pair may well correct a few points higher towards $277-280, but it is likely to… […]

Ethereum Price Analysis: ETH/USD Remains at Risk of More Declines

Key Highlights ETH price recovered a few points after trading as low as $304.26 against the US Dollar. There is a major bearish trend line in place with resistance at $320 on the hourly chart of ETH/USD (data feed via Kraken). The pair is struggling to move above the $320 and $328 resistance levels, and… […]

Ethereum Price Weekly Analysis: ETH/USD Recovery Remains Capped

Key Highlights ETH price declined heavily and it almost tested the $300 support area against the US Dollar. There is a connecting bearish trend line formed with resistance at $330 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair has to move past $330 and $340 resistances to recover further in the… […]

Ethereum Price Analysis: ETH/USD Could Correct To $375-380

Key Highlights ETH price declined heavily and broke the $375 and $360 support levels against the US Dollar. There is a short-term declining channel formed with resistance near the $362 level on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher in the short term towards the $370, $375 and… […]

Ethereum Price Analysis: ETH/USD Plummets, Bearish Below $390

Key Highlights ETH price fell sharply and broke the $400, $390 and $380 support levels against the US Dollar. This week’s followed crucial bearish trend line prevented gains near $406 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently correcting higher, but it is likely to face sellers near the… […]

Ethereum Price Analysis: ETH/USD Consolidating Above $400

Key Highlights ETH price remained in a tight range above the $400 support level against the US Dollar. Yesterday’s highlighted important bearish trend line is intact with resistance at $410 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to move past $410 and the 100 hourly simple moving average to… […]

Ethereum Price Analysis: ETH/USD’s Recovery Capped Near $412-428

Key Highlights ETH price is holding the $400-402 support area and is currently consolidating against the US Dollar. There is a crucial bearish trend line in place with resistance at $412 on the hourly chart of ETH/USD (data feed via Kraken). The pair is facing many resistances on the upside near $412, $416 and $428… […]

Ethereum Price Weekly Analysis: ETH/USD Facing Uphill Task

Key Highlights ETH price is under a lot of bearish pressure below the $430 and $410 levels against the US Dollar. There are two bearish trend lines in place with resistance at $432 and $412 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair needs to settle above $432 and the 100… […]

Ethereum Price Analysis: ETH/USD Under Pressure Near $400

Key Highlights ETH price declined sharply and spiked below the $400 support area against the US Dollar. There is a major declining channel in place with resistance at $410 on the hourly chart of ETH/USD (data feed via Kraken). The pair is placed in a downtrend below $410 and $420 and it could decline further… […]

Ethereum Price Analysis: ETH/USD Tumbles Below $430

Key Highlights ETH price extended declines and broke the $440 and $426 support levels against the US Dollar. There are two key bearish trend lines formed with resistance at $429 and $442 on the hourly chart of ETH/USD (data feed via Kraken). The pair is in a major downtrend and it remains at a risk… […]

Ethereum Price Analysis: ETH/USD Bearish Below $468

Key Highlights ETH price struggled to move higher and declined below the $458 support against the US Dollar. There are two bearish trend lines formed with resistance at $457 and $468 on the hourly chart of ETH/USD (data feed via Kraken). The pair is under bearish pressure and it could decline further below $445 in… […]

Ethereum Price Weekly Analysis: ETH/USD Facing Major Resistance

Key Highlights ETH price is facing a major resistance near the $472-480 levels against the US Dollar. There are two bearish trend lines formed with resistance at $472 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair must break these trend lines and settle above $472-480 to gain upside momentum. Ethereum price… […]