#Daily Price Analysis Ethereum Price Analysis (ETH/USD) Bullish Trend 5 July Published 11 months ago on July 4, 2018 By Coinnounce - Coin Announcements Share Tweet Key Highlights Ethereum Price Analysis (ETH/USD) Bullish Trend 5 July ETH price bombed by and by around the $482-484 opposition and declined against the US Dollar. There is an exceptional bullish pattern line shaped with advice at $454 on the hourly graph of ETH/USD The combine is holding the $450 bolster and the 100 hourly basic moving normal, which is a positive sign. Ethereum price is set in a conclusive zone against the US Dollar and Bitcoin. ETH/USD must stay over the $454 bolster and the 100 hourly SMA to move above Ethereum Price Trend Recently, there was a good upside move over the $465 opposition in ETH price against the US Dollar. The ETH/USD combine exchanged over the $480 level, however the upsides were topped by the $484 level. A high was shaped at $484.22 and the price revised lower. It moved beneath the half Fib retracement level of the last wave from the $449 low to $484 high. In any case, decays were bolstered close to the $455-460 zone. All the more vitally, the 100 hourly straightforward moving normal likewise went about as a solid help close to the $460 zone. The 61.8% Fib retracement level of the last wave from the $449 low to $484 high additionally had its influence in halting the last decay. On the drawback, there is a noteworthy bullish pattern line shaped with help at $454 on the hourly diagram of ETH/USD. Hence, it appears like the combine is all around upheld over the $450 level and the 100 hourly basic moving normal. Ethereum Price Analysis 5 July Ethereum Price Analysis ETH USD Taking a gander at the outline, the price is presently exchanging great above $460 and the 100 hourly SMA. On the upside, an underlying obstruction is around the $474 level. Over this, the most imperative obstruction for purchasers is close $482-484. At last, a break over this could push the price to another month to month high above $490. Hourly MACD – The MACD is somewhat set in the bearish region Hourly RSI – The RSI is right now set above the 50 level. Significant Support Level – $452 Significant Resistance Level – $482 Related Topics:etheth ethereum priceETH priceeth price analysiseth price todayEthereum Analysisethereum priceEthereum Price analysisEthereum Price chartethereum price nowethereum price todayethereum technical analysisethereum tradeethereum tradingethereum usdethreumOpinionpricetrading Up Next Blockonix to launch in mid July – Decentralized cryptocurrency exchange Don't Miss Bitcoin Cash Price Analysis (BCH/USD) Bullish 5 July Continue Reading Advertisement You may like ETH to USD, 17th May: Ethereum Price Analysis, About to Crash? Alert: ETH to USD, 16th May: Ethereum Price Analysis ETH to USD, 15th May: Ethereum Price Analysis, Bulls vs Bears12 ETH to USD, 14th May: Ethereum Price Analysis, $250 Possible? ETH to USD, 13th May: Ethereum Price Analysis, Going Back to $160? ETH to USD, 12th May: Ethereum Price Analysis, $250 Possible? 2 Comments 2 Comments Pingback: Ethereum Price Analysis (ETH/USD) Bullish Trend 5 July – Btc News Magazine Pingback: Ethereum Price Analysis (ETH/USD) Bullish Trend 5 July – The Coinage Times Leave a Reply Cancel reply Your e-mail address will not be published. Required fields are marked *Comment Name * Email * Website #Daily Price Analysis Cryptocurrency Market Cap drops sharply. Is Bitcoin Dead? Published 6 months ago on November 23, 2018 By Nadja Eriksson The cryptocurrency market crash of this year will be remembered throughout the lifetime by the whole community especially the current week. Bitcoin price fell up to $4000 which is the worst fall of the year. The market cap fall The cryptocurrency market capitalization has fallen approximately $700 Billion this year. Talking about the current week after prominent coins fell up to 70% in just a matter of days, analysts are predicting that bitcoin may fall to $3000 this month end if the most major support of $4000 is broken and may even fall up to $2500. Not only bitcoin, but all major altcoins including XRP, Ethereum, and Litecoin, are all experiencing a massive decline in pricing. The market capitalization of cryptocurrencies was around $830 in January this year and now it is only about $140. Share Market is riding on the same boat: The shares markets are experiencing an even worst scenario with over $1.3 Trillion lost in just this week. Major global shares have fallen down including industry giants such as Apple, Goldman Sachs, and General Electric. Bitcoin Hash Wars: Mining at huge losses Both sides of the bitcoin cash hard fork are mining at magnificent losses according to Bitmex, a cryptocurrency derivatives platform who revealed about the same in a tweet: Although the ABC SV split is entertaining, we estimate that SV miners are burning US$280,000 per day mining the SV chain. Assumptions: * S9 miners * Able to sell SV coins at the current spot price ($100) * 5 cent per kWhhttps://t.co/U9hbK4peip pic.twitter.com/ULjwWSI0GA — BitMEX Research (@BitMEXResearch) November 16, 2018 Both the teams – Bitcoin ABC led by Roger Ver and Bitcoin SV led by Craig Wright AKA ‘Faketoshi’ are said to be mining with huge losses amounting to approximately $278,000 and $439,221 per day respectively and which is likely being met by a large amount of BTC sellings. A third team which is being considered as ‘neutral’ known as Bitcoin Unlimited is being led by Andrew Clifford. The hash wars are being considered as a major reason for the start of the cryptocurrency market downfall. Continue Reading #Bitcoin Price Analysis Bitcoin Price Analysis: Will BTC Rise Again? Published 6 months ago on November 17, 2018 By Janet F. Sanchez Bitcoin price improved more than 8% yesterday after the successful bitcoin cash hard fork completion. Bitcoin price fell down from $6500 to a whopping low of $5190 before the BCH hard fork. The price started to experience improvements after the hard fork and went above the $5770 mark but the market could not sustain the bullish momentum for a long time and fell down up to $5555. BTC is currently trading at $5615 (at the time of writing). The bitcoin market volume has decreased and the bull run is expected not before the upcoming week. The support level of the BTC lies around $5598 and the resistance around $5622. Bitcoin price needs to break the resistance level in order to move above the desired $6000 mark. BTCUSD 5 day chart BTC is currently trading at the year’s lowest price range where the traders are worried about further losses. However financial analysts believe that bitcoin price is likely to rise a little at the end of 2018 up to the start of 2019. Traders also believe that 2019 end and 2020 will be the year of a major cryptocurrency bull momentum because of the predicted financial crisis of 2020. Investors and financial analyst believe that people will be forced to move towards assets such as gold and cryptocurrencies with the predicted downfall of the US dollar. BTCUSD 24 hour chart Looking at the 24-hour chart bitcoin price fell down from $5750 up to $5555. The price is currently trying to tackle the bear attack but is experiencing hurdles. Bitcoin price may likely improve up to $5700 today but the major improvement is predicted when the volume increases, most likely next week. Continue Reading #Bitcoin Cash Price Analysis Bitcoin Cash Price Analysis: BCH post fork downfall Published 6 months ago on November 15, 2018 By Janet F. Sanchez MACD – Set in the bullish zone. Relative Strength Index – Cose to the 40 level. Significant Support Level – $360 Significant Resistance Level – $405 Key Points Bitcoin cash price expanded misfortunes and exchanged beneath the $400 level against the US Dollar. There are two key bearish pattern lines set up with resistance at $420 and $450 on the hourly diagram of the BCH/USD pair (information feed from Kraken). The pair stays at a danger of more misfortunes underneath the $360 level in the close term. Bitcoin cash price exchanged beneath the key $400 support against the US Dollar. BCH/USD could amend higher, however, dealers are probably going to show up close $420 or $450. Bitcoin Cash Price Analysis Recently, we examined that bitcoin cash price could broaden misfortunes beneath $400 against the US Dollar. The BCH/USD pair remedied a couple of focuses as of late, yet it neglected to break the $450 resistance. Afterwards, there was a sharp drawback move and the price declined underneath the $420 and $400 supports. A new low was shaped at $360 and the price is currently exchanging admirably beneath the 100 hourly basic moving normal. Right now, the price is solidifying misfortunes around the $380 level. It appears as though the 23.6% Lie retracement dimension of the last slide from the $451 high to $360 low is going about as a resistance. In addition, there are two key bearish pattern lines set up with resistance at $420 and $450 on the hourly outline of the BCH/USD pair. The principal bearish pattern line concurs with the half Lie retracement dimension of the last slide from the $451 high to $360 low. Consequently, the $400-405 zone could forestall gains in the close term. BCH USD 1 day chart Taking a gander at the diagram, Bitcoin cash price could rectify a couple of focuses above $390. Notwithstanding, purchasers are probably going to battle close $400, $405, $420 lastly $450. On the drawback, the following focus for sellers could be $350. 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