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Ethereum Price Technical Analysis – ETH/USD Faces Renewed Pressure

Key Highlights ETH price seems to be struggling near the $10.58-10.60 levels against the US Dollar. Yesterday’s highlighted connecting resistance trend line on the hourly chart of ETH/USD (data feed via SimpleFX) continued to act as a barrier near $10.56. The price is now moving back down, and may find support near the 100 hourly … Continue reading Ethereum Price Technical Analysis – ETH/USD Faces Renewed Pressure

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Bitcoin Price Watch; 1000 Back In Play!

In yesterday evening’s analysis, we noted that – as a result of the action we have seen over the last few days in the bitcoin price – the 1000 level might come into play it soon. We opined that it may take a week or so, but in an optimistic forecast, we also noted that … Continue reading Bitcoin Price Watch; 1000 Back In Play!

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Ethereum Price Technical Analysis – ETH/USD Starts Bull Trend

Key Highlights ETH price after correcting lower against the US Dollar towards $10.30 found support, and traded higher. There is a connecting resistance trend line formed on the hourly chart of ETH/USD (data feed via SimpleFX), which is currently acting as a resistance near $10.56. The price may break it soon for further gains in … Continue reading Ethereum Price Technical Analysis – ETH/USD Starts Bull Trend

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Bitcoin Price Crosses $950 as US Markets Weaken

Bitcoin, the popular cryptocurrency is known to have a negative correlation with the traditional markets. The digital currency has displayed it again today after the US markets dipped following President Donald Trump’s latest executive decisions. The previous year ended for Bitcoin on a rather high note. The cryptocurrency’s price was above $1000, showing signs of … Continue reading Bitcoin Price Crosses $950 as US Markets Weaken

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Bitcoin Price Watch; An Upside Run!

In this morning’s analysis, we noted that things have been relatively flat so far this week (as they were over the weekend) and that – as a result – we were looking for some volatility during today’s session to get things moving for the week. Like we said before, it’s not really a problem if … Continue reading Bitcoin Price Watch; An Upside Run!

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Bitcoin Price Watch; Let’s Get Some Volatility

It is Tuesday morning, and time to try and figure out how we can draw a profit from the bitcoin price today. Things so far this week have been pretty flat, and those who yesterday’s coverage will be aware that we didn’t manage to get in or out of the markets on too my occasions … Continue reading Bitcoin Price Watch; Let’s Get Some Volatility

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Ethereum Price Technical Analysis – Positive Signs for ETH/USD

Key Highlights ETH price moved higher recently against the US Dollar, and traded close to the $10.55 level. Yesterday’s highlighted bearish trend line on the hourly chart of ETH/USD (data feed via SimpleFX) was broken at $10.25-10.30 for an upside move. The price is now back lower, but may find support near $10.30-10.25. Ethereum price … Continue reading Ethereum Price Technical Analysis – Positive Signs for ETH/USD

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Bitcoin Price Watch; Setting Up For Action

In this morning’s analysis, we noted that price hadn’t moved much over the weekend, and that we were hoping for a little bit more volatility during today’s session. When we get volatility, it gives us a chance to get into the markets on breakout entries, and these are generally the more reliable of our various … Continue reading Bitcoin Price Watch; Setting Up For Action

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Ethereum Price Technical Analysis – ETH/USD Continues To Face Sellers

Key Highlights ETH price attempted a minor bounce against the US Dollar, but faced sellers near $10.40. There is a bearish trend line formed on the hourly chart of ETH/USD (data feed via SimpleFX), which has a resistance near $10.30. On the downside, the $10.20 low is acting as a support and preventing losses. Ethereum … Continue reading Ethereum Price Technical Analysis – ETH/USD Continues To Face Sellers

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