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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex This morning, Friday, March 13th, the ETH is attempting to correct after a disastrous slump yesterday. It is generally trading at 119.40 USD. Last time, the ETH was so cheap in February 2019. The Ethereum is experiencing sales alongside with virtually the whole crypto market. Some cryptocurrencies have … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Friday, March 6th, the ETH is growing smoothly, trading at 235.55 USD. On H4, it may be seen that the decline has corrected the previous uptrend by more than 38.2% Fibo. Now, the quotations have formed a triangular consolidation as a correction of the last descending impulse. … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Friday, February 28th, the emotional selling of the ETH has stopped, and the digital currency has got a chance for stabilization. It is generally trading around $227.23. On H4, the quotations have broken the Triangle downwards by a strong impulse and reached 38.2% Fibo. In the short … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex On Tuesday, February 11th, the ETH is declining, trading at $219.78. This is the second day in a row in the “red zone”. On D1, the Ethereum keeps demonstrating an uptrend as a correction of the previous decline. By now, the quotations have broken out the resistance line … Read more
Ethereum price continued on rising today to score a day high of $830 earlier today. The price of ether has been recording higher day highs for four successive days now. Moreover, the closing day price has been rising since last Wednesday. The bulls’ control over the market is growing stronger as the price of … Read more
Ethereum price continued rising along the uptrend line that has been evident since the second week of April, to score a day high of $770 during Thursday’s trading sessions so far. The market’s bulls managed to break through the resistance around $713.24 on Wednesday, as we expected during our previous Ethereum price analysis. Chances … Read more
Ethereum price has been rising steadily during the past few days along the upwards trend line that has been evident since April 7th. $700 was repeatedly the day high on Saturday and Sunday. Repeated cycles of upwards price bursts followed by brief downwards price correction attempts have been evident on the 4 hour ETHUSD charts, … Read more
Ethereum price soared up to a day high of $712 on Tuesday before a downwards price correction attempt became evident pulling the price downwards to a day low of $596 on Wednesday. The market bulls failed to break through the resistance around $713.24, which corresponds to the 61.8% Fibonacci retracement. The upwards trend which has … Read more
Ethereum price continued rising throughout the past 48 hours exceeding $630 at the time of writing of this analysis. On Monday’s trading sessions, the price of ether rose from a day low of around $600 to a day high of $650, which denotes that the market has been moving by recording higher highs throughout most … Read more
Ethereum price continued rising throughout Friday’s trading sessions to score a high of $618. After the day’s high was recorded, a downwards price correction attempt pulled Ethereum price down to a day low $576. The market is still moving along the upwards trend line that has been evident since April 10th on the 4 hour … Read more
