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Ethereum Analysis

cryptocurrency December 29, 2017

Key Highlights ETH price is moving back higher after testing the $670 support zone against the US Dollar. There was a break above a key bearish trend line with resistance at $702 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher and it could even test the […]

cryptocurrency December 28, 2017

Most major cryptocurrencies including Bitcoin, Ethereum, and Litecoin had a Christmas gift for those investors who had set up a buy limit order at lower prices last week. What can we expect from the cryptocurrency market in the new year? Here is a quick look Advertisements Cryptocurrency Overview In a massive but temporary pullback, most […]

cryptocurrency December 28, 2017

ETH/USD Advertisements Ethereum fell initially during the trading session on Thursday, reaching towards the $675 level before bouncing. It looks as if we are ready to rally though, and I think the market is probably going to go looking towards the $770 level above. A break above the $775 level opens the door to $800 […]

cryptocurrency December 27, 2017

ETH/USD Advertisements Ethereum did almost nothing against the US dollar as we continue to walk around the $750 neighborhood. However, the 20 SMA is starting to turn slightly positive on the 4 hour chart, so I think it’s only a matter of time before we rally. I suspect that there is a massive amount of […]

cryptocurrency December 26, 2017

ETH/USD Advertisements Ethereum rose slightly against the US dollar during the trading session on Tuesday, as we continue to grind higher. However, the $760 level has offered resistance again, so it remains to be seen whether we can hang onto these gains. For what it’s worth, the stochastic oscillator has crossed over in the overbought […]

cryptocurrency December 26, 2017

Key Highlights ETH price is slowly moving higher and is currently above the $720 level against the US Dollar. There is a major bullish trend line forming with support at $710 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now above the 100 hourly simple moving average and is moving […]

cryptocurrency December 25, 2017

ETH/USD Advertisements Ethereum rallied a bit over the weekend, but continues to struggle at the $760 level. I think the market is simply consolidating in this area, and therefore we will probably drift back down towards the $630 level. At that point, there seems to be supported in the region, giving us a potential buying […]

cryptocurrency December 25, 2017

Key Highlights ETH price has recovered well and is currently trading above the $680 pivot zone against the US Dollar. There was a break above a bearish trend line with resistance at $670 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now positioned nicely to gain further in the near […]