By Dmitriy Gurkovskiy, author at RoboForex Blog After a lengthy phase of growth, the ETH rate started consolidating near its 13-months peak. On Tuesday, July 28th, it is generally trading at 317.12 USD. On D1, ETH/USD keeps developing an uptrend. After swift growth, the quotations are testing the upper border of the ascending channel. The MACD...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog After a productive Monday, the ETH may continue its growth if the current impulse preserves. On Tuesday, June 23rd, it is generally trading at 241.90 USD. On D1, ETH/USD is winding up a correction in an uptrend. The quotations keep trading near the lower border of the ascending channel....Read More
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...Read More
Ethereum’s recent rally up to highs of $290 has resulted in a major retrace, with the cryptocurrency’s inability to sustain its recent parabolic gains showing that its ongoing downtrend may cut significantly deeper before it finds any notable support. In the near-term, analysts are expecting the cryptocurrency to see some notable upwards momentum after it...Read More
Ethereum has been one of the best performing major altcoins over the past several weeks, with the cryptocurrency surging past its previous resistance at $200 as its slow upwards grind begins turning into a parabolic rally. This momentum has allowed ETH to significantly outperform both Bitcoin and the aggregated crypto markets, leading many analysts to...Read More
Ethereum has been able to secure a relatively strong foothold within the $180 region over the past several days and weeks, with its multi-week uptrend allowing it to post consistent gains in tandem with Bitcoin and other major altcoins. It is important to note that Ethereum could now be on the cusp of posting a...Read More
After incurring a slight pullback over the past couple of days, Ethereum and the aggregated cryptocurrency markets appear to be primed for an extension of their recent uptrend. This overt strength is coming about as Bitcoin is beginning to show signs of recovering from its recent lows and may point to the possibility that the...Read More
Ethereum has seen some sizeable gains over the past several days and weeks, although this uptrend may be short lived due to a top formation that it just posted on its daily chart right below a key resistance level. This comes shortly after the cryptocurrency broke below its macro adoption curve, and the confluence of...Read More
