Tag: Ethereum price analysis

Ethereum Price Analysis for April, 24th – ETH Counts On Hidden Support

By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, April 24th, the Ethereum keeps growing smoothly, generally trading at 188.70 USD. On D1, ETH/USD keeps growing. The quotations are moving inside an ascending channel, periodically correcting. Currently, they are testing 50.0% Fibo. The MACD is still above zero. Judging by all factors, we may conclude that there will be a correction from 50.0% along the Fibo levels. Then the quotations may …
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Ethereum Price Analysis for March, 13th – ETH Attempts to Recover Are Inefficient

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 lately declined by 50%. On D1, the declining wave tested the psychologically important support level …
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Ethereum Price Analysis for February, 11th – ETH Deep in Correction

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 of the previous channel, which means an attempt to speed up the growth to the …
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Ethereum Price Analysis for November 29th – Good News: ETH Stopped Falling

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Friday, November 29th, the ETH price had stabilized. The cryptocurrency is generally trading at $152.84. On H4, the ETH/USD pair is developing the general downtrend. We are witnessing a correctional phase. After a convergence, the signal lines of the MACD have formed a Gold Cross and are now moving to cross the zero line which signals the birth of a short-term uptrend. …
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