Ethereum Price Analysis- Ether Got Chances for Rising
June 6, 2018
Ether is trading at $607.60 on June 6, going slightly down. According to RoboForex analyst Dmitriy Gurkovskiy statements, interesting things happened, however, a bit before.
The bulls got quite engaged in Ether when it reached $570 and…
Ethereum (ETH) Price Analysis: Classic Reversal Pattern Awaiting Confirmation
By Rachel Lee
June 6, 2018
Ethereum could be done with its selloff as price is forming an inverse head and shoulders pattern on the 4-hour time frame. Price has yet to test the neckline around $625-650 and break higher to confirm that a reversal will take…
Cryptocurrency Recommendation: Ethereum (ETH) under Best Choices
By Alex Tomzack
June 5, 2018
Whenever a crypto-follower mentions digital currencies, Bitcoin comes to mind. However, when it comes to the space of smart contracts, utilization, dApps, tokens – Ethereum can not be forgotten. Ethereum has become a sensation…
Ethereum (ETH) Price Analysis: Was That a Bullish Breakout?
By Rachel Lee
June 4, 2018
Ethereum had been trending lower inside a descending channel on its 4-hour time frame, but a breakout appears to have taken place. This signals that a reversal is imminent, but price might need to clear a few more hurdles to confirm…
Ethereum (ETH) Price Analysis: Correction Still Going On
By Rachel Lee
May 30, 2018
Ethereum is pulling back after testing support around $480 and could be due for a test of the nearby resistance levels. Applying the Fib retracement tool on the latest swing high and low shows that the 61.8% level lines up with a key…
EOS Causing the Speedy Drop in ETH/USD Price: Token Dump
By Alex Tomzack
May 29, 2018
Ethereum token price against the US Dollar takes another major hit. Reportedly, approx. six o’clock the pair ETH/USD was tanked heavily downwards on the unregulated exchange Bitfinex.
Source: coinmarketcap
During the hour of…
Ethereum (ETH) Price Analysis: Correction to Broken Neckline?
By Rachel Lee
May 25, 2018
Ethereum recently broke below the neckline of its head and shoulders pattern, confirming the selloff signal. However, it found support around $545 and could be due for a retest of the broken support.
Applying the Fibonacci retracement…
Ethereum (ETH) Price Analysis: Double Bottom Neckline Test
By Rachel Lee
May 17, 2018
Ethereum failed in its last two attempts to break below the $640 level to create a double bottom formation on the 1-hour chart. Price has yet to test the neckline at $740 and a break higher could spur a rally of the same height as the…