Category: Market Analysis

Ethereum Price Analysis for June 16th – ETH Finding Foothold

By Dmitriy Gurkovskiy, author at RoboForex Blog The ETH price looks like stabilizing after two days of decline. On Tuesday, June 16th, it is generally trading at 232.60 USD. Yesterday’s low was at 218.10 USD. On D1, ETH/USD keeps correcting in an uptrend. The quotations are again testing the lower border of the ascending channel. The pair keeps trading between 61.8% and 100.0% Fibo. The MACD remains above zero. Judging by …
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Ethereum Price Analysis for June 12th – ETH Restoring After Sales

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, June 12th, the ETH price rate is growing again after the preceding major sales. It is generally trading at 233.83 USD. On D1, the ETH/USD pair keeps correcting in a developing uptrend. The quotations are moving inside an ascending channel with periodic corrections. The pair is currently trading between 61.8% and 100.0% Fibo. The MACD remains above zero. Judging by all the …
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Ethereum Price Analysis for May, 19th – ETH Looks Very Promising

By Dmitriy Gurkovskiy, author at RoboForex Blog On Tuesday, May 19th, the ETH rate is correcting slightly after steady growth. The cryptocurrency is generally trading at 214.17 USD. On D1, the pair keeps developing an uptrend. Currently, it is testing 61.8% Fibo again. If it breaks the level away, we may speak about further growth inside the ascending channel. The potential aim of the growth is still at 240.00 USD. The …
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Monero Price Analysis for April, 17th – XMR Still Hopes For Further Growth

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, April 17th, the XMR has stopped growing, trading at 56.60 USD. On D1, Monero looks rather typical for the whole crypto market: the quotations are developing an uptrend as a correction after a wave of decline. A local pullback has tested from above 38.2% Fibo but the next momentum of growth may rise to 50.0% (61.28 USD) and 61.8% (69.59 USD) as …
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