ethereum daily analysis

Key Highlights ETH price slowly recovered towards $320 against the US Dollar, but any major recovery seems very unlikely.There is a new short-term contracting triangle pattern with resistance at $320 forming n the hourly chart of ETH/USD (data feed via SimpleFX).There is a chance of another downside push towards the $300 handle as long as there is no close above $330.Key Highlights The ETH price short-term bearish bias got traction as it moved below the $335 support against the US Dollar.This week’s important contracting triangle pattern with support at $330-335 on the hourly chart of ETH/USD (data feed via SimpleFX) was clearly broken.The pair is currently correcting higher but may face sellers near 100 hourly simple moving average and $335.Key Highlights The ETH price is struggling to clear a major resistance zone near $370 against the US Dollar.This week’s highlighted contracting triangle pattern with support at $335 on the hourly chart of ETH/USD (data feed via SimpleFX) is at risk of downside break.

The pair is now trading below the 100 hourly simple moving average at $347, which is a bearish sign.Key Highlights The ETH price remained above the $340 and $335 support levels against the US Dollar.Yesterday’s highlighted contracting triangle pattern with support at $336 on the hourly chart of ETH/USD (data feed via SimpleFX) is still intact.The pair also succeeded in holding the 100 hourly simple moving average at $342.Ethereum price is trading nicely against the US Dollar a...Key Highlights After a move towards $375, ETH price started correcting lower against the US Dollar.There is a connecting bearish trend line with resistance at $370 formed on the hourly chart of ETH/USD (data feed via SimpleFX).The pair is holding an important support at $335 and the 100 hourly simple moving average.Ethereum price is holding key supports against the US Dollar and B...Key Highlights ETH price corrected lower this past week towards $255 against the US Dollar, but later it recovered very well.

There is a crucial bullish trend line with support at $310 forming on the 4-hours chart of ETH/USD (data feed via SimpleFX).It looks like the price is about to retest $390 and may even attempt a break above $400.Ethereum price correction was a good thing aga...Key Highlights There was a sharp decline in ETH price below $280 against the US Dollar before finding support at $256.
bitcoin valor usdThere is a bearish trend line with resistance at $338 formed on the hourly chart of ETH/USD (data feed via SimpleFX).
bitcoin pump dumpThe pair may continue to correct lower as long as there is no close above the $350 level.
litecoin exchange ratesEthereum price correction looks real against the US Dollar ...
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Key Highlights An increase in the bearish pressure ignited a downside break below $360 in ETH price against the US Dollar.There was a break below yesterday’s highlighted a cluster of bullish trend lines with supports at $360, $350 and $345 on the hourly chart of ETH/USD (data feed via SimpleFX).
bitcoin price krakenThe pair just managed to hold the $310 support area and currently attempting a recovery....
portland bitcoin groupKey Highlights There were decent moves in ETH price, as it remained elevated above the $360 level against the US Dollar.
ethereum launch 2015There is a cluster of bullish trend lines with supports such as $360, $350 and $345 on the hourly chart of ETH/USD (data feed via SimpleFX).
ethereum daily analysis

The pair remains a good buy on dips as long as there is no daily close below $335.Ethereum price is preparing for the next ...Key Highlights There were a few swing moves in ETH price below $400 against the US Dollar.There is a connecting bullish trend line with support at $325 forming on the hourly chart of ETH/USD (data feed via SimpleFX).
bitcoin price spikeThe pair is currently struggling to break $390-400, and may correct a few points lower.Ethereum price corrected lower after a nasty ride against the US Dollar and Bitc...Compcoin Announces $45M Initial Coin Offering for Its a.I.Trading Platform NewsTrade Daily Analysis: Ethereum Shortage Sparks Downward Trend eToro Advertisement: The following analysis is brought to you by eToro.Both Bitcoin and Ethereum showed slight losses yesterday.For the latter, the correction actually came from a sudden increase in demand, which bottlenecked, causing prices to drop.

Overall, the cryptocurrency market displayed a downward trend yesterday, as 9 out of the top 10 registered losses.$300 is Ethereum’s new support level Ethreum’s price seems to have found a new support level that is higher than the all-time high seen less than two weeks ago.After showing losses for two consecutive days, Ethereum prices recovered this morning, after reaching $305.Despite showing a correction since it peaked at over $420 10 days ago, Ethereum is still showing impressive overall gains this month.Trade Ethereum Now Bitcoin’s newest ally: India The Indian government has put forth a plan to consider the applications of Bitcoin and blockchain technology in the country.The Ministry of Finance has put together a committee, which will hear from the public about the possibilities involving the cryptocurrency, and announce its findings next month.Meanwhile, Bitcoin has been trading within a relatively narrow margin of just over $300 in recent days, keeping just below $2,700 this morning.