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ethereum technical analysis

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

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 […]

cryptocurrency December 14, 2017

Key Highlights ETH price made a nice upside move and traded above the $720 resistance against the US Dollar. There are two important bullish trend lines forming with support at $685 on the hourly chart of ETH/USD (data feed via SimpleFX). On the upside, a break above the $735 level would open the doors for […]

cryptocurrency December 13, 2017

Key Highlights ETH price surged above the $640 level recently and traded to a new all-time high at $653 against the US Dollar. A monster connecting trend line with resistance near $650-660 is preventing gains on the hourly chart of ETH/USD (data feed via SimpleFX). On the downside, there is a bullish trend line with […]

cryptocurrency December 7, 2017

Key Highlights ETH price declined further and followed a short-term bearish path below $445 against the US Dollar. There are two bearish trend lines forming with resistance at $428 and $442 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might correct towards $440-442 in the near term, but could face sellers. […]

cryptocurrency December 6, 2017

Key Highlights ETH price struggled to remain above the $455-460 support area against the US Dollar. There was a break below yesterday’s highlighted key contracting triangle with support at $458 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now below $455 and the 100 hourly simple moving average, which is […]

cryptocurrency December 5, 2017

Key Highlights ETH price mostly traded in a range above the $455-450 support against the US Dollar. Yesterday’s highlighted key contracting triangle with current resistance near $485 is intact on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is holding a major support area near $455 and the 100 hourly simple moving […]

cryptocurrency December 4, 2017

Key Highlights ETH price is correcting lower from the $478 swing high against the US Dollar, but it remains supported. There is a key contracting triangle forming with resistance near $478-480 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair has to stay above the $450 support and the 100 hourly simple […]