Tag Archives: Support

Ethereum Price Technical Analysis – ETH/USD Holding Key Support

Key Highlights ETH price declined and corrected lower sharply below the $650 support against the US Dollar. There was a break below a major bullish trend line with support at $700 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently trading near a major support at $605 and the 100 […]

Ethereum Price Technical Analysis – ETH/USD Holding Key Support

Key Highlights ETH price started an upside move after declining towards $420-422 against the US Dollar. There is a major bullish trend line forming with support at $431 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently above the $440 level and the 100 hourly simple moving average, which is […]

Will Ethereum Pull Back to Technical Support?

Most technical traders live and die by support and resistance levels as the most steadfast rules of trading. Some of the hottest trading around today involves cryptocurrencies, with Bitcoin, the most famous amongst a pack of digital assets, sizzling upwards to the tune of some 1,500% in 2017 alone. Ethereum, while widely associated with […]

Will Ethereum Pull Back to Technical Support?

Most technical traders live and die by support and resistance levels as the most steadfast rules of trading. Some of the hottest trading around today involves cryptocurrencies, with Bitcoin, the most famous among a pack of digital assets, sizzling upwards to the tune of some 1,500% in 2017 alone. Ethereum, while widely associated with […]

Will Ethereum Pull Back to Technical Support?

Most technical traders live and die by support and resistance levels as the most steadfast rules of trading. Some of the hottest trading around today involves cryptocurrencies, with Bitcoin, the most famous among a pack of digital assets, sizzling upwards to the tune of some 1,500% in 2017 alone. Ethereum, while widely associated with […]

Ethereum Price Technical Analysis – ETH/USD Breaks Key Support

Key Highlights ETH price struggled to remain above the $455-460 support area against the US Dollar. There was a break below yesterday’s highlighted key contracting triangle with support at $458 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now below $455 and the 100 hourly simple moving average, which is […]

Ethereum Price Technical Analysis – ETH/USD Holding Key Support

Key Highlights ETH price mostly traded in a range above the $455-450 support against the US Dollar. Yesterday’s highlighted key contracting triangle with current resistance near $485 is intact on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is holding a major support area near $455 and the 100 hourly simple moving […]

Ethereum Remains Above Key Support After Breaking $500

Along with Bitcoin, Ethereum had a crazy day this week. Although Ethereum had a more predictable correction right to the previous resistance level of 395. We were expecting the pullback because Ethereum tends to have a pullback every time it reaches new highs. ETH/USD Technical Analysis ETH/USD reached a new high of $480 last week. […]

Ethereum Price Technical Analysis – ETH/USD Holding Key Support

Key Highlights ETH price failed to move above the $370 resistance against the US Dollar and started a downside move. There is a key bullish trend line forming with support at $355 on the hourly chart of ETH/USD (data feed via SimpleFX). The price remains supported above $355 and the 100 hourly simple moving average […]

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