Ethereum Price Targets Upside Break as Buyers Tighten Grip on Trend

Ethereum price remained under a major resistance trend line against the US Dollar, and it looks like ETH/USD may continue to face sellers on the upside. Key Highlights. ETH price after trading a few points higher found resistance and traded lower. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is acting as a perfect barrier for an upside move. A break above it is needed for the ETH buyers to take control and push the price higher. Ethereum Price hurdle. I have been tracking a monster bearish trend line on the hourly chart (data feed via....

Ethereum price spiked higher to trade above $5.50. There was a classic bullish break noted on the hourly chart calling for more upside moves. Intraday Support Level can be $5.40. Intraday Resistance Level may be $5.90. Ethereum price looks like recovered well after forming a base near the $3.30-00 support area. Buyers gained control in taking the price higher in the short term. Yesterday, I highlighted a bearish trend line on the hourly chart (data feed via Kraken), which was supposed to play a crucial role for both buyers and sellers. It looks like buyers had an upper hand in taking the....

Ethereum price managed to gain bids one more time against the US Dollar, and currently attempting yet another upside break. Key Highlights. ETH price found buyers near $11.50 against the US Dollar, and started to move higher. During the recent upside move, it broke a bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD. The pair is also above the 100 hourly simple moving average, which is a positive sign. Ethereum Price Break. Ethereum price fell yesterday back towards the $11.50 versus the US Dollar, but somehow buyers managed to protect the downside move.....

Ethereum price started a fresh decline below $2,950. ETH is down over 5%, trading below $2,880, and might continue to move down. Ethereum started a fresh decline below $2,950 and $2,900. The price is trading below $2,880 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,990 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it settles below the $2,800 zone. Ethereum Price Dips Over 5% Ethereum price failed to stay above $3,000 and started a fresh decline, like Bitcoin. ETH price declined....

Key Highlights. Dash price traded higher and breached a critical bearish trend line. Buyers failed to capitalize after the break, as the upside stalled around 0.0119BTC. An hourly close above the 100 simple moving average is required for buyers to take control. Dash price trading higher did not come like a surprise, as we were anticipating a break due to continuous failure to break 0.0116BTC. Upside Likely? Yesterday, we stated the importance of 0.0116BTC support area, which held the downside on numerous occasions. It helped buyers to gain ground and take the price higher in the short....