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Ethereum Analysis

cryptocurrency December 22, 2017

ETH/USD Advertisements Ethereum has collapsed during the trading session on Friday, losing 25% as I record this video. The market has tested the $600 level, and if we break down below there, it’s very easy for this market to drop down to the $500 level, probably within a few hours. The markets need to find […]

cryptocurrency December 21, 2017

ETH/USD Advertisements Ethereum fell slightly after rally during the day on Thursday, but at this point it looks as if Ethereum is continuing to power higher in general. There is an uptrend line underneath, so more than likely this pullback could be a buying opportunity. Adding slowly on the way up seems to be the […]

cryptocurrency December 20, 2017

ETH/USD Advertisements Ethereum dips initially during the trading session on Wednesday, but bounce enough to reach towards the $830 level. I believe that we are going to continue to go higher, perhaps reaching towards the $875 level again. The buyers returning is a good sign as value hunting continues. Volatility will continue as volume drops […]

cryptocurrency December 20, 2017

Christmas may have come early in crypto land as altcoins are hitting the top of their charts once again in the Asian trading session this morning. Bitcoin has remained relatively flat since the launch of CME’s futures contracts on Sunday. Prices have only fluctuated slightly between $17k and $19k over the past few days. Advertisements […]

cryptocurrency December 20, 2017

Key Highlights ETH price corrected sharply lower after trading to a new high at $864.53 against the US Dollar. A bullish trend line with current support at $715 acted as a buy zone on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently moving higher and is attempting an upside break […]

cryptocurrency December 19, 2017

ETH/USD Advertisements Ethereum markets rallied initially during the day on Tuesday, reaching as high as $875. However, we had a significant selloff based upon volume later in the day, but found enough bullish pressure to turn things around and rally a bit. Because of this, I believe that the market is going to go looking […]

cryptocurrency December 19, 2017

Key Highlights ETH price made a nice upside move and broke the $800 resistance against the US Dollar. There was a break above yesterday’s pointed contracting triangle with resistance at $725 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is heading higher and it might continue to move higher towards the […]

cryptocurrency December 18, 2017

ETH/USD Advertisements Ethereum continues to go sideways during the trading session on Monday, but has a slight upward tilt. Because of this, I believe that the market is going to continue to find buyers underneath, perhaps sending this market to the upside. I think that given enough time, the market should then go towards the […]

cryptocurrency December 18, 2017

Key Highlights ETH price is struggling to gain traction and is consolidating below $730 against the US Dollar. There is a broad contracting triangle forming with support at $650 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to trade in a range above $650 and with resistance at $730. […]

cryptocurrency December 17, 2017

Key Highlights ETH price is trading higher and is placed well above the $650 support area against the US Dollar. There is a crucial bullish trend line forming with support near $680 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher and it might aim the next […]