Ethereum Price Weekly Analysis: What’s Next for ETH/USD?

2018-7-15 08:00

Key Highlights ETH price remains in a bearish trend below the $450 resistance area against the US Dollar. There is a declining channel formed with current resistance at $439 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is facing many resistances on the upside such as $439, $455 and the 100 SMA.

Ethereum price is struggling to gain bullish momentum versus the US Dollar and Bitcoin. ETH/USD could make a bullish move as long as it is above $417.

Ethereum Price Trend

This past week, there were continuous declines in ETH price below the $475 resistance against the US Dollar. The ETH/USD pair declined and broke the $460 and $455 support levels. It traded towards the $415 level and a low was formed at $417.37. Later, there was an upside correction and the price moved above the $430 level. Moreover, the price succeeded in breaking the 23.6% fib retracement level of the last drop from the $497 swing high to $417 low.

However, the upside move was capped by the $440-442 resistance zone. Additionally, a declining channel is preventing gains with current resistance at $439 on the 4-hours chart of ETH/USD. Above the channel resistance, the next major hurdle for buyers is near the $455-457 zone. It represents the 50% fib retracement level of the last drop from the $497 swing high to $417 low. More importantly, the 100 simple moving average (4-hours) is positioned near the $457 level. Therefore, if there is a bullish move above $439, the price is likely to face hurdles near $455-457.

The above chart indicates that the price is still in a bearish zone with a key support near $415-417. As long as ETH is trading above the $415 support zone, there are chances of a bullish break above $457 in the near term.

4-hours MACD – The MACD is mostly neutral in the bullish zone.

4-hours RSI – The RSI is currently flat near the 45 level.

Major Support Level – $415

Major Resistance Level – $457

The post Ethereum Price Weekly Analysis: What’s Next for ETH/USD? appeared first on NewsBTC.

Similar to Notcoin - TapSwap on Solana Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3685.43 (+0.10%)
Объем 24H $36.285b
Изменеия 24h: 19.30 %, 7d: 25.28 %
Cегодня L: $3496.53 - H: $3714.42
Капитализация $442.722b Rank 2
Цена в час новости $ 440.731 (736.21%)

eth usd price resistance ethereum 439 analysis

Источник: newsbtc.com

eth usd → Результатов: 67


Ethereum Price Analysis ETH / USD: Lit Fuse

Ethereum is struggling to stage a rally above the $180.00 resistance level The four-hour time frame shows that the ETH / USD pair is trapped within a bearish flag pattern The daily time frame shows that a much larger head and shoulders pattern could form if the ETH / USD pair continues to decline Ethereum […] The post Ethereum Price Analysis ETH / USD: Lit Fuse appeared first on Crypto Briefing.

2019-10-5 16:56


Ethereum Price Analysis ETH / USD: Slow Advance

Ethereum has a bearish short-term bias, with the ETH / USD pair still trading below its 200 period moving average on the four-hour time frame The four-hour time frame shows that a bullish breakout has taken place from a triangle pattern The daily time frame shows that the ETH / USD pair is now against […] The post Ethereum Price Analysis ETH / USD: Slow Advance appeared first on Crypto Briefing.

2019-8-5 17:22


Ethereum Price Analysis ETH / USD: Sting Of Rejection

Ethereum has a bearish short-term bias, with the ETH / USD pair strongly rejected from the $235.00 level The four-hour time frame shows that a smaller bearish head and shoulders pattern may be forming The daily time frame shows that the ETH / USD pair’s 200-day moving average is coming back in focus Ethereum / […] The post Ethereum Price Analysis ETH / USD: Sting Of Rejection appeared first on Crypto Briefing.

2019-7-24 16:05


ETH / USD Price Analysis: Readying For Attack

Ethereum has a bullish short-term trading bias, with the ETH / USD pair recovering back above its 200-period moving average on the four-hour time frame ETH has an increasingly bullish medium-term trading outlook The daily time frame continues to show a bullish inverted head and shoulders pattern in play Ethereum / USD Short-term price analysis […] The post ETH / USD Price Analysis: Readying For Attack appeared first on Crypto Briefing.

2019-5-10 17:02


ETH / USD Price Analysis: Bearish Inertia

Ethereum has a neutral short-term trading bias, with the ETH / USD pair testing back towards its 200-period moving average on the four-hour time frame ETH still retains its bullish medium-term trading bias Buyers now need to move price above the April trading high or ETH / USD could come under downside pressure Ethereum / […] The post ETH / USD Price Analysis: Bearish Inertia appeared first on Crypto Briefing.

2019-5-6 16:49


Анализ курса Ethereum на 20 августа

ETH восстанавливается после отката до $282 и консолидируется внутри восходящего канала при поддержке на уровне $296 (часовой график пары ETH/USD). В ближайшее время могут быть преодолены отметки сопротивления $300 и $308.

2018-8-20 13:34


Анализ курса Ethereum

Курс ETH продолжает идти вниз. Новый недельный минимум подтвержден на уровне $415. Сопротивление нисходящей линии тренда сформировано в районе $435 на часовом графике пары ETH/USD. Пара находится в медвежьей зоне, и в скором времени ETH может опуститься до $405-410

2018-6-29 16:10


Анализ основных криптовалютных пар на 11.06.2018

BTC/USD После того, как под воздействием бычьего импульса цена Bitcoin вышла из флэта, пара на снижении потеряла почти 13% и вчера установила минимум в точке 6627. 70 USD. Падение не было неожиданным, хотя такой интенсивности мало кто ожидал.

2018-6-11 10:42

дальше еще 18 новостей →

Партнеры Currencies.ru

Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum Memecoin $PEPE Surges As Whales Accumulate Profits

The Ethereum memecoin $PEPE has seen a remarkable surge, hitting an all-time high of $0.00001127 today with a market cap surpassing $4.5 billion.  This represents a significant gain of over 11% for the day and 32% over the past 7 days, making it the second largest crypto memecoin in the […]