Ethereum Price Technical Analysis – ETH/USD Failed Upside
Ethereum price managed to trade higher, but found sellers near $10.40-10.45, and now ETH/USD is likely heading lower towards $10.10. Key Highlights. ETH price after trading as high as $10.45 against the US Dollar found resistance, and moved down. There was an ascending channel pattern formed on the hourly chart of ETH/USD (data feed via SimpleFX), which was broken recently towards the downside. The pair is back in the bearish zone, and may continue to move down in the near term. Ethereum Price Downside. There was no major joy for ETH price against the US Dollar, as after an upside move....
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Ethereum price after an upside move towards $10.40 versus the US Dollar failed. ETH/USD is now back trading below $10.20 with support near $9.60. Key Highlights. ETH price managed to trade higher above $10.20 against the US Dollar, but failed to hold gains. There was a bearish trend line (as highlighted in yesterday’s post) on the hourly chart (data feed via SimpleFX) of ETH/USD, which was cleared for an upside move. The price traded as high as $10.37 where it found sellers and moved down. Ethereum Price Failed Upside? Yesterday, there were a few bearish signs for ETH price against the US....
Ethereum price jumped higher once again versus the US Dollar, but the $12.10 level managed to prevent the upside move in ETH/USD. Key Highlights. ETH price attempted another upside move as forecasted against the US Dollar, but failed to break the $12.10 resistance. The main highlighted bullish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is still in place on the downside acting as a support. There is a chance of a minor dip in the price if it continues to find sellers on the upside. Ethereum Price Resistance. Ethereum price managed to spike another time recently....
Ethereum price is trading under a major resistance area against the US Dollar, but at the same time remained above a crucial support. Key Highlights. Ethereum price failed miserably around the $15.00 resistance against the US Dollar, and traded lower. The ETH/USD pair had a losing streak this past week, as it failed to gain momentum. There is likely a double top pattern forming on the daily chart of the ETH/USD pair, which may produce a decline in the short term. Ethereum Price Trend. Ethereum price ETH failed to trade higher this past week against the US Dollar. There was a major hurdle....
Ethereum classic price managed to break higher against the Bitcoin, but it looks like the ETC buyers failed to capitalize, igniting a downside move. Key Highlights. Ethereum classic price broke higher versus Bitcoin, but it looks like it was a failed attempt. Yesterday’s highlighted bearish trend line on the hourly chart of ETC/BTC (data feed via Simplefx) was broken, but the upside was limited. The price is back trading lower, and may soon test the 0.00182BTC support once again. Ethereum Classic Price Support. Ethereum classic price finally gained bids and managed to move from the....
Ethereum price remained below the $8.40 resistance area against the US dollar, and ETH/USD is currently testing the $7.80-90 support area. Key Highlights. ETH price made another attempt to break the $8.40 resistance area against the US Dollar, but failed. There is a bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is currently holding the downside move. The price need to stay above the $7.80 support area, else there can be more declines. Ethereum Price Support. There was an upside move in ETH price against the US Dollar to trade near the $8.40....