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Ethereumpriceanalysis

Ethereum will be the money maker during Alt Season! Hello, Happy Sunday! Quick post for today. I believe Ethereum will be the money maker in this alt season. Ethereum has not had a big run up like some of these other alt coins. The chart on the right side is showing a really nice breakout on the ETH/BTC weekly timeframe . I think Ethereum is really going to rip this coming alt season. I also believe bitcoin has either bottomed or is very close to its bottom of the previous correction. Why do I think this? Well, alt coins are popping off. Here are some technicals: 1. There is a double bottom on Ethereum's hourly charts. It was confirmed as we closed above the "middle point" of the W as well as the breakout of the symmetrical triangle. 2. Price action is validating this move. It looks like volume is coming in and we are seeing higher prices, this is bullish price action. 3. The ETH to BTC chart is extremely bullish for Ethereum . There was a breakout on the weekly timeframe and it looks like we are going to close over the previous resistance. 4. Considering that the ETH to BTC chart is breaking out, I think Ethereum will be a market leader for the future. If Ethereum goes up, so does everything else. A few things we need for this to happen: 1. Bitcoin needs to bottom. If bitcoin continues to see more pain alts will feel even more pain. 2. Bitcoin needs to consolidate or slowly rise in price. This will help exponentially increase Ethereum's value and allow it the time it needs to grow in price. My price targets for the end of this bull run are $10,000 - $20,000 per ETH. This may seem a little outrageous but in 2017 we saw a $76 ethereum go to $1000 in 6 months. As always, use risk management, be patient, and good luck trading!
COINBASE:ETHUSDLong
by RomanXIV
ETH NEW ATH THIS WEEK?!Ethereum was running last week and we saw as of right now for the last 10 days a 32% jump up! With BTC dominance still falling and not showing much upside I think this week we are going to see some very positive price action! ETH is getting very close to the top FIB level/ ATH it would be ideal if tomorrow we came out hot and closed our daily above the Top FIB putting us back into price discovery! The MACD looks very bullish we are seeing big separation in the bands. Aswell the EMA ribbons are starting to turn upwards and hopefully we can see them open up even more and carry us with some bull momentum. The RSI is cruising below the overbought zone but i think if we see a push past the ATH then we could see a little selloff to test supports and then start heading back up aswell to let our RSI come back down into the neutral zone! Not financial advice just my opinion
BITSTAMP:ETHUSDLong
by JacobR905
Ethereum still in line. $2100, next stop.Warning: our thoughts are ours; not financial advice. Who freaked out yesterday during the dump. A lot of people did, and if you were also, that's totally normal. However, we've seen this play out over and over again. It looks like a movie you know the end right from the beginning. At the end of the trading day yesterday, ETH closed right in its channel as we expected it would. If you ask us this very moment what the next level to keep some profit is, we'll suggest the $2100 mark. This could change as things unfold in the coming days. And do we think the price of ETH will retest recent lows? Yep, we do. Nothing is certain though. But we are not expecting a close outside that channel. The price will probably stay above $1600. Good luck with trading.
Long
by coin-barbie
Ethereum Price Analysis and Prediction - Bulls Coming in HOTTTT Relative Strength Index: The RSI is currently at a relatively high 60 points, meaning the market is somewhat overbought and we should expect a slight correction downards. Bollinger Bands: The price is within the BB range, yet it's still above the MA. This also means a slight retracement in the next few hours is likely. Volume: There is moderate to low amount of volume, which signals that the market can move a few percent in either direction and is not out of fuel. Ethereum Price Prediction In my previous Ethereum price prediction, I predicted that: “ETH will stabilize around $170 and trade sideways for the next few hours.” While Ethereum did have it’s dips and peaks, it looks like the $170 level is a favorite position for ETH. As such, I will continue with my prediction that ETH will once again dip to the $170 support level, before moving upwards to try and test the $180 support. If ETH can successfully hold $180, $190 will follow shortly after as ETH doesn’t like to trade sideways at the $180 level. Read Full Ethereum Price Analysis and Prediction: NullTX
COINBASE:ETHUSDLong
by nulltxmark
Ethereum Price Analysis - $ETH Looking Good Relative Strength Index: The RSI is currently at a healthy 55 points. That's better than most cryptos that are having a hard time holding current support. Bollinger Bands: ETH/USD is also well within the BB range. This also signals a healthy market that could start trading sideways. The bad news is that the current ETH price is still below the MA, if ETH can stay above $170, that would be a good sign for the bulls. Volume: The volume is moderately low, this means the market can still make a few percent moves in either direction. Ethereum (ETH) Price Prediction RSI and BBs are both signalling a relatively healthy market compared to what happened earlier today. Moveover, while the amount of volume is still moderate, it's definitely winding down. If the volume gets any lower, that's another sign that we may see recovery. I'm going to go out on a limb here and predict that ETH will stabilize around $170 and trade sideways for the next few hours. Assuming Bitcoin doesn't make any big moves anytime soon, I believe ETH will start recovering within a day. Read Full Ethereum Price Analysis and Prediction: NullTX
BITSTAMP:ETHUSDLong
by nulltxmark
Ethereum Price Analysis - ETH Most Likely to Stay Above $200 Relative Strength Index: The RSI is currently at a healthy 41 points. This signals some sideways trading up ahead. Bollinger Bands: The price is also within the bands' range, however it's touching the lower band. This means the price will try to rebound slightly, at least until the MA line. Volume: There is very little volume for Ethereum at the time of writing, most likely attributed to the fact that it's the weekend. This means the market most likely won't make any major moves anytime soon. Ethereum Price Prediction The RSI, BBs and Volume are all signalling a sideways market up ahead. Combine that with the news that Ethereum is gearing up for ETH 2.0, and we should anticipate some bullish momentum in the coming weeks. My prediction is that ETH will trade at the $200-$210 level for the next few days, before testing new support at higher levels. Read Full Ethereum Price Analysis and Prediction: Cryptomode
COINBASE:ETHUSDLong
by nulltxmark
Ethereum Price Analysis and Prediction - Will $ETH hit $200? Relative Strength Index: The RSI is currently at a healthy 43 points. This means the market can go either way but will lean towards trading sideways. Bollinger Bands : After the most recent retracement, the price is currently touching the lower bollinger band. This means ETH/USD will try to rebound at least back to the $194 level. Volume: While there is volume present, it's relatively low. There isn't enough volume currently to sway the market too much in either direction. Ethereum Price Prediction Both the RSI and Volume are signalling a sideways trading market. Bollinger Bands on the other hand, are signalling a slight rebound. As such, my prediction is that Ethereum will trade sideways between the $190 and $200 level for the next few hours, given the BTC/USD doesn't make any major moves. When it comes to a more medium / longer term trend, as much as I love Ethereum I don't think it will be able to hold the $200 support level. While the prospect of ETH 2.0 is exciting, currently Ethereum is struggling from network congestion. It's hard to use many dApps because even the cheapest transactions cost way too much due to Gas fees. Read Full Analysis: The Merkle Hash
BITFINEX:ETHUSDShort
by nulltxmark