Archive | ethereum trading

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

Key Highlights ETH price is correcting lower from the $478 swing high against the US Dollar, but it remains supported. There is a key contracting triangle forming with resistance near $478-480 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair has to stay above the $450 support and the 100 hourly simple […]

Ethereum Price Weekly Analysis – ETH/USD Remains Bullish

Key Highlights ETH price after a dip found support near the $390 level and moved higher against the US Dollar. There is a crucial bullish trend line forming with support near $415 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might correct once again towards the trend line or $420, but […]

Ethereum Price Technical Analysis – ETH/USD Facing Crucial Test

Key Highlights ETH price started a recovery from the $390 swing low against the US Dollar, but is facing many hurdles. There is a short-term bearish trend line forming with resistance near $430 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might struggle to break the $430 and $458 resistance levels […]

Ethereum Price Technical Analysis – ETH/USD Downside Thrust and Reversal

Key Highlights ETH price made a sharp downside move and broke the $458 and $420 support levels against the US Dollar. There was a break below a major bullish trend line with support at $462 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair started recovering after trading as low as $398.04 […]

Ethereum Price Technical Analysis – ETH/USD to Break $480 Soon?

Key Highlights ETH price recently corrected lower and found support near $448 against the US Dollar. There was a break above a contracting triangle with resistance at $457 on the hourly chart of ETH/USD (data feed via SimpleFX). The price remains in an uptrend and it might soon attempt an upside break above $480-482. Ethereum […]

Ethereum Price Weekly Analysis – ETH/USD Trend Overwhelmingly Bullish

Key Highlights ETH price climbed higher and it recently traded to a new all-time high at $482.17 against the US Dollar. There are two important bullish trend lines forming with support at $448 and $350 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might correct a bit on the downside but […]

Ethereum Price Technical Analysis – ETH/USD’s New High; Remains Bullish

Key Highlights ETH price surged above the $400 level and traded to a new all-time high at $424.13 against the US Dollar. There is a new bullish trend line forming with support at $400 on the hourly chart of ETH/USD (data feed via SimpleFX). The price remains a good buy on the downside near the […]

Ethereum Price Technical Analysis – ETH/USD Remains Buy on Dips

Key Highlights ETH price is gaining pace and it recently moved above the $380 level against the US Dollar. Yesterday’s highlighted major bullish trend line with current support at $368 is intact on the hourly chart of ETH/USD (data feed via SimpleFX). The price remains buy on dips near the $370 and $368 levels in […]

Ethereum Price Technical Analysis – ETH/USD Eyes Gains above $380

Key Highlights ETH price made a nice upside move and traded above the $365.00 level against the US Dollar. There is a major bullish trend line forming with support at $366 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might soon retest the recent high of $371.95 and it could even […]

Ethereum Price Weekly Analysis – ETH/USD Breaks Imp Resistance

Key Highlights ETH price made a nice upside move and traded above the $328 resistance against the US Dollar. There is a major bullish trend line forming with support at $337 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair remains in an uptrend and it will most likely trade above the […]