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#Ethereum Price Analysis

Ethereum Price Weekly Analysis, 15 July. ETH/USD Bear Vs Bull.

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Ethereum price is moving above $465 against the US Dollar. ETH/USD is probably going to break the $485 high for more picks up in the close term.

Ethereum Price Key Features

  • Ethereum price stays in a bearish pattern beneath the $450 resistance region against the US Dollar.
  • There is a declining channel framed with current resistance at $439 on the 4-hours graph of ETH/USD (information feed by means of Kraken).
  • The combine is confronting numerous resistances on the upside, for example, $439, $455 and the 100 SMA.

Ethereum price is attempting to increase bullish force versus the US Dollar and Bitcoin. ETH/USD could make a bullish move as long as it is above $417.

Ethereum Price Pattern

This previous week, there were ceaseless decreases in ETH price beneath the $475 resistance against the US Dollar. The ETH/USD match declined and broke the $460 and $455 bolster levels. It exchanged towards the $415 level and a low was shaped at $417.37. Afterward, there was an upside rectification and the price moved over the $430 level. In addition, the price prevailing with regards to breaking the 23.6% lie retracement level of the last drop from the $497 swing high to $417 low.

Notwithstanding, the upside move was topped by the $440-442 resistance zone. Furthermore, a declining channel is averting picks up with current resistance at $439 on the 4-hours diagram of ETH/USD. Over the channel resistance, the following real obstacle for purchasers is close to the $455-457 zone. It speaks to the half lie retracement level of the last drop from the $497 swing high to $417 low. All the more essentially, the 100 basic moving normal (4-hours) is situated close to the $457 level. Thusly, if there is a bullish move above $439, the price is probably going to confront jumps close $455-457.

ETHUSD Weekly Chart 15th July

ETHUSD Weekly Chart 15th July

The above diagram shows that the price is still in a bearish zone with a key help close $415-417. For whatever length of time that ETH is exchanging over the $415 bolster zone, there are odds of a bullish break above $457 in the close term.

4-hours MACD – The MACD is for the most part unbiased in the bullish zone.

4-hours RSI – The RSI is presently level close to the 45 level.

Significant Support Level – $415

Significant Resistance Level – $457

#Ethereum Price Analysis

Ethereum Price Analysis: ETH to $160 or $130 today?

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Technical Indicators

Support Level – $142

Resistance Level – $150

  • Ethereum price is trading over the $140 and $142 support levels against the US Dollar.
  • The price is confronting a solid resistance close to $150.
  • There is a bullish pattern line formed with support at $143 on the hourly chart of ETH/USD.
  • The pair must remain over the $140 support to clear the $150 resistance in the short term.

Ethereum price is likely preparing for the next bullish move against the US Dollar and bitcoin. ETH/USD could struggle between $140 and $150 for a short period, however, it there is a good probability of it breaking the $150 resistance zone soon.

 

Ethereum Price Analysis

Ethereum price started trading higher towards the $148 and $150 resistances against the US Dollar. ETH/USD pair was not able to break the $148 resistance a couple of times. This resulted in Ethereum price dropping beneath $144 level. The price traded near $142 support, where buying pressure increased. The price later rectified higher above $144.

Right now, the $145-146 zone is acting as a weak resistance. A new close over the $148 level is required for buyers to pick up strength. All the more imperatively, buyers need to effectively break $150 to begin another upward wave. The next major resistance is around $155.

Good support for Ethereum price is formed around $144. There is a bullish pattern line formed with support at $143 on the hourly chart of ETH/USD. The primary supports are around $142 and $140 levels. A drawback break underneath the $140 support could open the entryways for a sharp decrease in the coming time. It is quite essential for the buyers to maintain the $140 support for Ethereum price to rise further and break $150.

ETHUSD Price Chart

ETHUSD Price Chart

Taking a look at the chart, ETH price is currently trading over the 142 support level. There are a couple of bearish patterns forming on the chart which are predicting a pullback beneath $140.

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#Ethereum Price Analysis

Ethereum Price Analysis: ETH ready for more gains?

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Technical Indicators

Support Level – $143

Resistance Level – $150

  • Ethereum price has good support over the $138 and $140 levels against the US Dollar.
  • The price started an upward move however it was unable to break the $148 and $149 resistance levels.
  • There is another bullish pattern line forming with support at $143 on the hourly chart of ETH/USD.
  • Ethereum price is probably going to break the $150 resistance level in the short term.

Ethereum price is placed pleasantly in a positive zone against the US Dollar and bitcoin. ETH/USD will probably break the $150 resistance and it could even outperform the $155 level.

Ethereum Price Analysis

Ethereum price fell down from the $149 and $150 resistances yesterday. ETH/USD declined underneath the $144 support level, however, the $138 and $140 levels proved strong enough to push the price upwards. ETH recovered back and traded over $147. The selling pressure was quite high close to the $149 and $150 resistance levels. The price could not break over the $149 and $150 levels.

There are numerous supports for ETH close to the $143 and $144 levels. There is another bullish pattern line formed with support at $143 on the hourly chart of ETH/USD. The $143 support is probably going to go about as solid support.

Underneath $143, the following major support is close to the $140 zone, trailed by $138. The 100 hourly SMA is additionally near the $138 level to go about as support. Until the price is over $138, it stays supported for more gains. Be that as it may, buyers need to break the $150 resistance level for further gains.

ETHUSD Price Chart

ETHUSD Price Chart

Taking a look at the chart, ETH price is testing the $150 resistance level. If the buyers are able to move the price above $150, the price could even break the $155 level in the short term. The next target could be $165.

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#Ethereum Price Analysis

Ethereum Price Analysis: ETH still bullish?

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Technical Indicators

Support Level – $135

Resistance Level – $145

  • Ethereum price began sliding downwards after it tested the $150 resistance level against the US Dollar.
  • There was a break underneath a bullish pattern line which was formed with support around $145 on the hourly chart of ETH/USD.
  • The massive selling pressure led to ETH price testing the $140 support.
  • A couple of essential supports are set up close to the $141, $140 and $136 levels.

Ethereum price began a downward correction against the US Dollar as well as bitcoin. ETH must remain above $136 and the 100 hourly SMA to rise again.

 

Ethereum Price Analysis

In a previous couple of days, the Ethereum price moved higher and broke the $135 and $140 resistances against the US Dollar. The ETH/USD pair even tried moving towards the $150 resistance zone, where the selling pressure developed. A high was framed just underneath the $150 level and later the price began a drawback amendment. It declined underneath the $146 support. It opened the entryways for more gains and the price dropped towards the $140 support.

Additionally, there was a break underneath a bullish pattern line which was formed with support at $145 on the hourly chart of ETH/USD. There are numerous vital supports set up close to the $141, $140 and $136 levels. The major support is close to the $138 level. The 100 hourly SMA is situated close to the $136 level to go about as solid support.

In this manner, if the price keeps on declining, the $138 and $136 levels are probably going to avoid the price to fall further. In the event that there is a break and close underneath the 100 hourly SMA, the price may decrease further towards the $130 level. Then again, if the price discovers support close $138, it could begin a new upward move.

ETHUSD Price Chart

ETHUSD Price Chart

Taking a look at the chart, the Ethereum price started falling lower from the $150 resistance zone. ETH is currently supported as long as the price is over $136. On the upside, an underlying resistance is around $145, above which the price may retest $150 resistance level.

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