Ethereum Price Analysis: ETH/USD Trends of February 26–March 04, 2019

2019-2-26 10:07

CoinSpeaker
Ethereum Price Analysis: ETH/USD Trends of February 26–March 04, 2019

Key Highlights: There was a sudden declination of Ethereum price; on the 4-Hour chart, the Bears prevailed over the Bulls; ETH price will rally towards $161 in case $134 demand zone hold. ETH/USD Long-term Trend: Bullish

Supply Zones: $149, $161, $178
Demand Zones: $134, $114, $101On the long-term outlook, ETH/USD is bullish. The Bulls broke up the supply zones of $134 and $149 last week. The bullish momentum pushed Ethereum price to the supply zone of $161 before losing the momentum.

The Bears defended the supply zone of $161 and Ethereum price fell suddenly to $134 demand zone with the formation of strong bearish candle which connotes the presence of the Bears with high momentum. The bears were unable to break down the $134 demand zone and the dynamic support level of 21-day EMA.

The 21-day EMA has crossed the 50-day EMA upside as an indication that the bulls are in control of the ETH market. The cryptocurrency is trading above the two EMAs. The Stochastic Oscillator period 14 is at 40 levels with the signal lines bending towards south which connotes sell signal.

Should the bears increase its pressure, support zone of $134 will be broken and the coin may find its low at $114 – $101, but in case the demand zone of $134 holds, there will be bullish rally of Ethereum price towards the previous high of $161.

ETH/USD Medium-term Trend: Bearish

ETH price is bearish on the medium-term outlook. On 24th of February, the Bulls with its high momentum placed the ETH price above the supply zone of $161. The bearish reversal candle pattern called evening star was formed and the former demand zones of $161, $149 was penetrated down side with the massive bearish candle.

More bearish candles emerged and Ethereum price reached the demand zone of $134. The bulls interrupted the price declination and resulted in to consolidation.

The ETH price is currently placed under the 21-day EMA and the 50-day EMA and the two EMAs are getting closer to each other as a sign of increase in the bearish momentum. The Stochastic Oscillator period 14 is at 20 levels with the signal lines interlocked which connotes that consolidation is ongoing on the 4-Hour chart in the ETH market.

Ethereum Price Analysis: ETH/USD Trends of February 26–March 04, 2019

origin »

Ethereum (ETH) на Currencies.ru

$ 3267.18 (+0.88%)
Объем 24H $20.262b
Изменеия 24h: 3.88 %, 7d: -1.24 %
Cегодня L: $3235.8 - H: $3267.18
Капитализация $393.749b Rank 2
Цена в час новости $ 138.15 (2264.95%)

ethereum price 2019 march analysis eth usd

Источник: coinspeaker.com

ethereum price → Результатов: 126


Фото:

Ethereum Whales Keep Buying As Price Struggles – Expert Discloses Massive Accumulation

Ethereum has faced lackluster price action over the past year, significantly underperforming compared to Bitcoin and many altcoins that have surged during the ongoing market cycle. Once seen as the leader of innovation and growth in the crypto space, Ethereum’s slow movement has left many investors frustrated and questioning its short-term potential.

2025-1-26 19:00


Фото:

Ethereum Price Prediction: Inverse Head And Shoulders Pattern Says ETH Will Touch $12,000

The Ethereum price is showing signs of a breakout, as an analyst has identified the formation of an inverse head and shoulder pattern on its 6-month long-term price chart. This bullish formation has fueled predictions that Ethereum could rally to $12,000 soon, marking a new all-time high for the second-largest cryptocurrency by market capitalization.

2024-12-26 14:30


Ethereum Price To Smash Through $5,000, Triggering 400x Bull Run For Shiba Inu And ETFSwap

Investors are optimistic once again as the hope of the Ethereum price rallying to $5,000 hit the crypto market. In a recent report, Ethereum co-creator Vitalik Buterin spoke at length about upcoming solutions to Ethereum’s (ETH) staking, block production issues, and prevent centralization of proof-of-stake to Ethereum L1.

2024-10-30 20:00


BlockDAG Presale Hits $76.2M Mark—While Ethereum Prices Plummet & Litecoin Defies Odds

The drop in Ethereum’s price points to a market walking on eggshells, with sellers taking the upper hand, challenging critical support levels and raising investor concerns. In contrast, Litecoin shows signs of bouncing back, with its price actions hinting at potential yet with a reserved optimism in the volatile crypto market.

2024-9-27 03:00


дальше еще 77 новостей →

Партнеры Currencies.ru



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Bitcoin And Ether ETFs Set Record $7.6 Billion Inflows Amid Trump’s Crypto Push

Analysts said that two of the biggest cryptocurrencies in the world are riding on the waves of positive sentiments as the exchange-traded funds of Bitcoin and Ethereum reached record highs. The pro-cryptocurrency stance of US President-elect Donald Trump continues to fuel the positive outlook, propelling BTC and ETH to attain unprecedented levels. Related Reading: Operation […]

Ethereum Bullish Signal: Adoption Hits Four-Month High Rate

On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price. Ethereum Network Growth Has Shot Up Recently According to data from the on-chain analytics firm Santiment, the ETH blockchain has recently created many wallets.

Ethereum Rockets Forward With 3.3% Network Growth While Bitcoin Goes Stale

On-chain data shows Ethereum has notably outpaced Bitcoin in terms of adoption during the last three months, a sign that could be positive for ETH. Ethereum Has Seen Its Holder Count Go Up By 3.3% In Last Three Months According to data from the on-chain analytics firm Santiment, Ethereum has continued to separate itself from […]