Archive | price

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 Classic Price Technical Analysis – Can ETC/USD Reclaim $36?

Key Highlights Ethereum classic price declined sharply after trading above the $42.00 level against the US dollar. There is a major bearish trend line forming with resistance at $35.20 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX). The pair is currently correcting higher, but it has to move above $36.00 to […]

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 Classic Price Technical Analysis – ETC/USD Surges above $40

Key Highlights Ethereum classic price surged higher this week and moved above the $40.00 resistance against the US dollar. There is a connecting bullish trend line forming with support at $40.10 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX). The pair may decline a few points in the short term, but […]

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 Classic Price Technical Analysis – ETC/USD Could Correct Lower

Key Highlights Ethereum classic price rose sharply this week and traded above $32.00 against the US dollar before correcting lower. There was a break below a connecting bullish trend line with support at $33.00 on the hourly chart of the ETC/USD pair (Data feed via SimpleFX). The pair may correct a few points, but the […]

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 Classic Price Technical Analysis – ETC/USD Grinding Higher

Key Highlights Ethereum classic price formed a major low at $13.54 and is currently moving higher against the US dollar. There was a break above a major bearish trend line with resistance at $17.80 on the hourly chart of the ETC/USD pair (Data feed via Simple FX). The pair is currently grinding higher and it […]

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 […]

Phony PBOC Email Sent to U.S. Media Aimed to Manipulate BTC Price

According to reports on Tuesday, a large quantity of U.S. media outlets were sent an email from an individual claiming to be a representative of the People’s Bank of China (PBOC). The message contained a phony invitation to a press conference between the media, the PBOC, and the Hong Kong Monetary Authority (HKMA) and said […]

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 […]