Ethereum Price Technical Analysis – Final Target Achieved
Ethereum price was boosted recently against the US Dollar, and the ETH bulls managed to gain control for a ride higher. Ethereum price ETH after making a third attempt finally managed to move higher against the US Dollar. ETH/USD traded above a very important resistance area of $15.00 and settled above it. The price traded as high as $15.76 where it found sellers and may correct down in the near term. During the upside move, ETH/USD managed to break a bearish trend line formed on the hourly chart (data feed via Kraken). The second most important point is the fact that the price moved above....
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Ethereum price tumbled recently, and traded towards $8.00. It was a perfect sell, and it looks like the bulls may be exhausted. Ethereum price ETH was down and out, as there was a sharp downside move towards the $8.00 support area. I mentioned in my previous analysis that there is a chance of a decline in ETH/USD due to the technical indicators. It was a perfect sell, and the final target of $8.0 was achieved. There was a bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD, which acted as a perfect catalyst for a decline. The price traded below $8.0, and a new low of....
Ethereum classic price dived down versus Bitcoin and tested the final sell target of 0.0020BTC as forecasted in yesterday’s post. Key Highlights. Ethereum classic price continued to move down against Bitcoin and tested the 0.0020BTC level as forecasted. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a resistance and pushed the price down. The final sell target in ETC/BTC was achieved, and I think it’s time to stay away for the next move. Ethereum Classic Price Losses. Ethereum classic price weakened further during the past 24....
Ethereum classic price declined further versus bitcoin and my idea to remain bearish on ETC versus BTC continue to play well. Key Highlights. Ethereum classic price traded further lower against Bitcoin, and formed a new low below 0.0028BTC. This week’s long followed bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) acted as a barrier and pushed ETC down. My final target hit recently, but I think there are chances of more losses in the near term. Ethereum Classic Price to Weaken Further? Ethereum classic price failed to trade higher against Bitcoin, as the upside....
DarkNote Price Key Highlights. DarkNote price continued to trade lower and broke the last low of 0.000000792BTC. The price tested 0.00000075BTC, which was our final target of the sell trade, as highlighted in yesterday's post. A pullback is possible as sellers look exhausted and 0.00000075BTC represents a major support area. DarkNote price continued to decline, traded close to the final sell target and might correct higher moving ahead. Recovery likely? The DarkNote price traded further lower intraday, and moved towards our final sell target of 0.00000075BTC. The price even moved below the....
Potcoin Price Key Highlights. Potcoin price continued to nosedive as sellers remained in control taking the price further lower. The price reached our final sell target of 0.00000200BTC where buyers are putting up a fight. There was a channel break noted on the hourly chart, and its support is now acting as a resistance. Potcoin price fell further and reached our final sell target of 0.00000200BTC where sellers might step back for some time. TP Hit, What's next? Our idea of more downsides worked for the Potcoin price, as it continued to move lower and even broke the last low of....