#Daily Price Analysis Ethereum Price Analysis: ETH/USD downtrend continues. Published 2 months ago on August 6, 2018 By Coinnounce - Coin Announcements Share Tweet Ethereum Price Key Features Ethereum price is holding the $400-402 support territory and is at present merging against the US Dollar. There is a pivotal bearish pattern line set up with resistance at $412 on the hourly chart of ETH/USD (information feed by means of Kraken). The combine is confronting numerous resistances on the upside close $412, $416 and $428 for more recuperation. Ethereum price stays in a downtrend against the US Dollar and bitcoin. ETH/USD should clear the $412 and $728 resistances to pick up footing in the close term. Ethereum Price Upside Obstacles There were overwhelming misfortunes underneath $440 this previous week in ETH price against the US Dollar. The ETH/USD combine exchanged underneath $400, yet it later recouped and began solidifying in a range. It appears as though the price is framing a better than average support close to the $400-402 zone. It as of late exchanged over the half Lie retracement level of the ongoing slide from the $420 high to $399 low. In any case, the price is right now confronting a noteworthy resistance close $412 and the 100 hourly straightforward moving normals. There is likewise a pivotal bearish pattern line set up with resistance at $412 on the hourly chart of ETH/USD. In addition, the 61.8% Lie retracement level of the ongoing slide from the $420 high to $399 low is likewise close $412. Along these lines, a break and close above $412 is required for more pick up in the close term. Over this, the following essential obstacle for a bigger recuperation is around the $428 level. It speaks to a huge rotate level and a hindrance for a push towards the $440 level. ETHUSD Price Chart 6 August Taking a gander at the chart, Ethereum price is at present endeavouring a recuperation above $410, however it confronting numerous obstacles close to the $412, $416 and $428 levels. On the drawback, the $402 and $400 levels are vital supports. Hourly MACD – The MACD is gradually moving in the bullish zone. Hourly RSI – The RSI is right now situated pleasantly over the 50 level with positive signs. Real Support Level – $402 Real Resistance Level – $428 Related Topics:BlockchaindaytradingethETH CHARTETH priceETH TRADINGEthereumEthereum AnalysisETHEREUM FORECASTEthereum predictionsethereum priceethereum price 2018Ethereum Price analysisEthereum Price chartethereum price forecastEthereum technical analysissethereum tradeethereum tradingethereum usdETHUSDOpinionpricetrading Up Next Ripple Price Analysis: XRP/USD Improvement Signs. Don't Miss Cardano Price Technical Analysis: ADA/USD correction period. 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Required fields are marked *Comment Name * Email * Website #Cardano Price Analysis ADA Daily Trading Signals: 19 October Published 23 hours ago on October 18, 2018 By Azeez Mustapha Dominant bias for CARDANO (ADA) – Ranging Resistance Levels- $0.08800, $0.09000, $0.09200 Support Level-$0.07000, $0.06800. $0.06600 ADA is in a range-bound market The loss in bullish momentum at $0.08091 in the resistance area for the continued upward journey after the retest gradually set the bears back in the market. The doji opening candle of 18th October at $0.08001 followed by the bearish hammer confirmed the bears’ takeover. ADAUSD was initially down to $0.07752. Increased bears pressure pushed the cryptocurrency further down to $0.07537 in the support area as ADAUSD enters the range. ADA Price is below the two EMAs with the stochastic oscillator signal pointing down at 43%. This implies further downward movement within the range. ADA 4-hour chart ADA is in consolidation and trading between $0.08050 in the upper supply area and at $0.07200 in the lower demand area of the range. A breakout at the upper resistance area or breakdown at the lower support area may occur hence patience is required for either to happen. Confirmation with good reversal candles after retest will be of great importance. Continue Reading #Daily Price Analysis XRP Daily Trading Signals: October 19 Published 23 hours ago on October 18, 2018 By Azeez Mustapha Dominant bias for XRP – Bullish Resistance Levels- 0.6000 $0.6500, $0.7000 Support Level-$0.3500, $0.3000. $0.2500 XRP had a temporary drawdown which is a plus to the cryptocurrency on its journey to the moon. The bullish opening of 18th October at $0.4832 expected to push the price of XRP up showed exhaustion as the candle closes with a wick. This returned the bears to market. The bears’ pressure was strong as XRPUSD initially down to $0.4719. With increased bearish momentum, the cryptocurrency went further down to $0.4560 in the support area as the trading session runs to a close Apparently, the pullback was necessary for the market correction before uptrend continuation. The retracement was within the 50.0 fib level a trend reversal zone. The implication is that the bulls still lurk in the market and a strong comeback may occur sooner than expected. Moreover, the broken diagonal line in the Fibonacci is another great tool. Each time price touches it, it bounces off it. A bounce may also be expected if price makes a touch at it before going up. XRP 4-hour chart The 200 EMA is seen acting as a strong support for bullish movement as XRP price lies above it. The stochastic oscillator signal points down at 32% which suggest minor downward price movement may occur before uptrend continuation. Continue Reading #Bitcoin Price Analysis BTC Daily Trading Signals: October 19 Published 23 hours ago on October 18, 2018 By Azeez Mustapha Dominant bias for Bitcoin (BTC) –Ranging Resistance Levels- $6800, $6900, $7000 Support Level-$6000, $5900. $5800 BTC remains in a range-bound market. The strong bearish pressure within the range was dominant as BTC witness drawdown. Despite a bullish 4-hour opening at $6735.6 on 18th October that led to the high of the day at $6779.9, the bear takeover was confirmed by the next bearish candle. BTCUSD was down to $6609.3 in the support area. Though $6607 was the low BTCUSD made on 17th October with the current strong bearish pressure, a lower low may be attained at the end of trading session. BTC 4-hour chart BTC Price is below the 10 EMA but sits on the 200 EMA. A break below the 200-EMA may see the bear taking BTCUSD to the 6300 area. The stochastic oscillator is in the oversold region but its signal points down which implies further downward price movement within the range. BTCUSD is in consolidation and trading between $6800 in the upper resistance area and at $6300 in the lower support area of the range. A breakout at the upper area will be good for a long while a breakdown at the lower area suggests shorting the cryptocurrency. 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