Tag Archives: Resistance

Ethereum Price Just Keeps on Trucking as $700 Resistance Is Pulverized – The Merkle

Even though most cryptocurrencies have seen meteoric rises throughout the year already, the fun isn’t over just yet. After strong gains yesterday, we’ve seen the Ethereum price move up yet again. With a value of US$714 per ETH, things are looking pretty interesting right now. It is evident the road to a market capitalization of […]

Ethereum Price may break $500 Resistance on the Road to new All-time High – The Merkle

The past few weeks have been incredibly interesting for all cryptocurrencies on the market right now. While most people talk about the Bitcoin price, no one should overlook the Ethereum price either. Right now, it is only a matter of time until we see an Ethereum price of $500, which puts it on target to […]

Ethereum Price Rally Stalls Ahead of Key Resistance Targets

To receive Michael’s analysis directly via email, please SIGN UP HERE ETH/USD Daily Chart Technical Outlook: We’ve been tracking this rally in Ethereum prices since the breach above the November opening range earlier in the month with the advance already taking out initial targets at 350 & 362. Critical topside resistance objectives are eyed at […]

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 […]

BTC Pushes All-time Highs and Tests Historic Resistance

Throughout the life of bitcoin’s two-year bull run, it has been confined within two macro trends: one parabolic and one linear — both on a logarithmic scale: Figure 1: BTC-USD, 1-Day Candles, Macro Trend The parabolic envelope (black curves) has confined the entire bull run throughout the last two years. Over the weekend, we saw […]

Ethereum Price Technical Analysis – ETH/USD Testing Imp Resistance

Key Highlights ETH price traded close to the $309 resistance against the US Dollar, but failed to move higher. There is a short-term bullish trend line forming with support at $301 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might dip a few points before attempting another upside break above $309. […]

Ethereum Price Technical Analysis – ETH/USD’s Support Turned Resistance

Key Highlights ETH price declined recently and traded towards the $286 support against the US Dollar. There is a major bearish trend line forming with resistance at $300.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The price might correct towards $300.50-302.00 where it is likely to face selling pressure. Ethereum price moved […]

Ethereum Price Finally Breaks Through $300 Resistance – The Merkle

Not too much is happening in the world of cryptocurrencies right now, as the weekend hardly ever brings any major positive changes. There is only one currency in the top 10 which effectively notes any gains right now. The Ethereum price has gone up by 2.57% over the past 24 hours, which is rather impressive. […]

Markets Update: Bitcoin Price Pops Higher But Meets Upper Resistance

Markets and Prices Bitcoin markets are kicking up a notch as the price tested the US$4,425 zone today, after spiking past the $4,300 territory the day before. The currency’s value has been trending higher, but slowly because there’s been a lot of resistance along the way. Presently bitcoin’s price action seemed poised […]

Two Hurdles? Bitcoin Price Faces Resistance In Bid to Top $4,500

Bitcoin bulls can breathe a sigh of relief. Having defended the 50-day moving average support, the price of bitcoin rose to a four-day high of $4,407 today. Week-over-week, the bitcoin-U.S. dollar (BTC/USD) exchange rate is now up 5.84 percent. Brushing aside uncertainty surrounding a possible upcoming fork, bitcoin is looking northward ahead of the weekend […]

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