Tag Archives: Technical

Ethereum Price Technical Analysis – ETH/USD Dips and Rips Higher

Key Highlights ETH price corrected sharply lower after trading to a new high at $864.53 against the US Dollar. A bullish trend line with current support at $715 acted as a buy zone on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently moving higher and is attempting an upside break […]

Ethereum Classic Price Technical Analysis – ETC/USD Upside Thrust

Key Highlights Ethereum classic price gained a lot of traction and was able to move above $40.00 against the US Dollar. There was a break above a key declining channel with resistance at $34.00 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is now placed well above the $35.00 […]

Ethereum Price Technical Analysis – ETH/USD Burst Above $800

Key Highlights ETH price made a nice upside move and broke the $800 resistance against the US Dollar. There was a break above yesterday’s pointed contracting triangle with resistance at $725 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is heading higher and it might continue to move higher towards the […]

Ethereum Price Technical Analysis – ETH/USD Consolidating Below $730

Key Highlights ETH price is struggling to gain traction and is consolidating below $730 against the US Dollar. There is a broad contracting triangle forming with support at $650 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to trade in a range above $650 and with resistance at $730. […]

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 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 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 […]

Ethereum Price Technical Analysis – ETH/USD Struggle Continues

Key Highlights ETH price continues to face selling pressure below the $425 pivot level against the US Dollar. There are two key bearish trend lines forming with resistance around $420 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently under pressure and it is following a bearish path below $428. […]

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