Ethereum (ETH) Daily Price Forecast – July 5

2018-7-5 07:50

ETH/USD Medium-term Trend: Bullish

Resistance Levels : $480, $490, $500
Support Levels: $460, $450, $440

Yesterday, July 4, price of Ethereum was in a bullish trend. Also, yesterday the Fibonacci tool was suggested to be used in order to determine support levels in a bullish market. Today, the price of Ethereum is making a series of higher highs and higher lows. A trend line is attached to the chart which will enable us to initiate long trades. That is if price of Ethereum retraces from the recent high and tests the trend line,  a long trade should be initiated .

However, you must allow the bearish candlestick to close and another bullish candlestick to open before initiation. Also, no trade should be initiated if price breaks the trend line. Nevertheless, the MACD line and the signal line are above the zero line which indicates a buy signal. In addition, the price bars of Ethereum are above the 12-day EMA and the 26-day EMA which indicates that the bullish trend is ongoing.The relative strength index period 14 is level 60 which indicates that price is in the bullish trend zone.

ETH/USD Short-term Trend: Bullish

On the 1-hour chart, the price of Ethereum is in a bullish trend. The MACD line and the signal line are above the zero line which indicates a buy signal. In the lower time frame, the price bars of Ethereum is above the 12-day EMA and the 26-day EMA which indicates that the bullish trend is ongoing.

The views and opinions expressed here do not reflect that of BitcoinExchangeGuide.com and do not constitute financial advice. Always do your own research.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3091.73 (-0.47%)
Объем 24H $11.023b
Изменеия 24h: 0.34 %, 7d: 4.20 %
Cегодня L: $3055.33 - H: $3131.6
Капитализация $371.399b Rank 2
Цена в час новости $ 475.978 (549.55%)

ethereum bullish levels price support yesterday trend

ethereum bullish → Результатов: 28


Ethereum Price Action Sparks Bullish Signals; $500 Incoming?

For the third consecutive day, Ethereum has been one of the top-performing crypto assets while its big brother has taken a break. A slight fall back for bitcoin was not mirrored for ETH so has the world’s second most popular crypto asset finally started to decouple? Ethereum Touches $200 Following a bullish weekend and a big ‘Bart pattern’ on Monday, Ethereum resumed its upward momentum to touch the psychologically significant $200 level on a number Read More The post Ethereum Price Action Sparks Bullish Signals; $500 Incoming? appeared first on Bitcoinist.com.

2019-9-17 19:00


Hedge Fund Bullish on EOS and Ethereum, Bearish on Ripple and Litecoin

Austin-based cryptocurrency hedge fund Multicoin Capital is long Ethereum as well as EOS while short both Litecoin and Ripple’s XRP. Backed by Andreessen Horowitz’s Marc Andreessen and Union Square Venture’s Chris Dixon among others, the $75 million fund is defending its most significant position: EOS, a currency that raised $4 billion through an ICO last month […] Hedge Fund Bullish on EOS and Ethereum, Bearish on Ripple and Litecoin was originally found on [blokt] - Blockchain, Bitcoin & Cryptocurrency News.

2018-7-3 01:24


Фото:

‘Future Is Bright’ – Ethereum Co-Founder Bullish On Multi-Trillion Dollar Cryptocurrency Market

Co-founder and former Ethereum CEO Charles Hoskinson makes a bold statement on his positive outlook for the future of the cryptocurrency market.  Chomping At The Bit Charles Hoskinson – co-founder and previous CEO of Ethereum and current CEO of Input Output HK (IOHK) – shared a hopeful and uplifting sentiment today on Twitter today: What's often missed by the cryptocurrency is going to die broken record media is that after the next wave of regulation, Read More The post ‘Future Is Bright’ – Ethereum Co-Founder Bullish On Multi-Trillion Dollar Cryptocurrency Market appeared first on Bitcoinist.com.

2018-6-23 04:00


Фото:

Betting On Augur: 8 Reasons To Be Bullish On REP

Augur (REP) will be the talk of the cryptocurrency community when they go live on the Ethereum mainnet on July 9th, 2018. Augur, known by most for being the decentralized “betting market”, is more than just that – it is a decentralized prediction market and oracle service that wants to use the wisdom of the […] The post Betting On Augur: 8 Reasons To Be Bullish On REP appeared first on Crypto Briefing.

2018-6-22 19:11


Billionaire Ethereum Creator Bullish on Chinese Blockchain Projects Qtum and VeChain

Ethereum co-founder is looking to China for his next big investments, likes Qtum and Vechain and still believes strongly in Bitcoin. Shopping for Bargains Anthony Di Iorio who currently runs Decentral an “Innovation Hub” in Toronto which focuses on blockchain projects and is the creator of the Jaxx cryptocurrency wallet made his money as an.

2018-6-22 08:55