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Ethereum Analysis

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 […]

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 […]