ADVERTISEMENT

[email protected]

  • Submit Press Release
  • Submit Guest Post
  • Write for Kryptomoney.com
Latest Crypto News
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
  • News
    • Bitcoin News
    • Blockchain News
    • Cryptocurrency News
    • Ethereum News
    • Exchanges News
    • Regulations News
  • Price Analysis
    • Bitcoin (BTC) Analysis
    • Ether (ETH) Analysis
    • Ripple (XRP) Analysis
    • Litecoin (LTC) Analysis
    • Bitcoin Cash (BCH) Analysis
    • Binance Coin (BNB) Analysis
  • Industry
    • Events
    • Press Release
  • Start Here
  • Advertise
No Result
View All Result
Latest Crypto News
No Result
View All Result
Home Price Analysis

Ethereum Price Analysis – ETHUSD Likely To Accelerate Above $150

Choice by Choice
January 7, 2020
in Price Analysis
0
Ethereum Price Analysis
0
SHARES
58
VIEWS
Share on FacebookShare on Twitter

Ethereum price is trading in a bullish trend zone against and is likely to accelerate further if it breaks the $145 and $150 resistance levels.

Ethereum Price Medium-term Analysis

Yesterday January 6, the price of Ethereum (ETH) was trading in a bullish trend zone. After testing the $122 support level on several occasions, the bulls pushed Ethereum price above the key $130 resistance level to move into a bullish zone.

Recently, there was a successful break above the $135 and $140 resistance levels. A new 2020 high was formed near the $145 level and the price is currently consolidating gains.

At press time, the coin is changing hands at the $142 level above the 9-day and 21-day Moving Averages (MA).

On the upside, if more buyers emerge, the coin will rise and retest the $150 and $155 resistance levels. On the other hand, should the price move below $140 support level, there is a possibility that the price could hit the critical support levels at $135 and $130.

Meanwhile, the Moving Average Convergence Divergence (MACD) line and the signal line are above the zero line which indicates a buy signal.

ETHUSD Price Short-term Analysis

On the 1-hour chart, the price of ETHUSD is in a bullish trend. The pair is trading above key resistances near $135 and $140. As long as there is no close below the $135 level, there are chances of a steady rise towards the $155 level in the short term.

Meanwhile, the MACD line and the signal line are below the zero line which indicates a sell signal.

  • Resistance levels: $145, $150, $155
  • Support levels: $140, $135, $130

Disclaimer

Arathur Stephen is not registered as an investment adviser with any federal or state regulatory agency. The information above should not be construed as investment or trading advice and is not meant to be a solicitation or recommendation to buy, sell, or hold any cryptocurrencies. The information is solely provided for informational and educational purposes. Always seek the advice of a duly licensed professional before you make any investment.

Tags: ethereumethereum price analysisETHUSD
Previous Post

HEX Token Crashes Over 50% To Trade For Less Than 1 Satoshi

Next Post

Bitcoin Price Analysis - Will BTCUSD Break Above $8,000?

Next Post
Is Cryptocurrency Increasing Dependence on the Dollar a Problem?

Bitcoin Price Analysis - Will BTCUSD Break Above $8,000?

Recent Stories

cryptocurrencies

The Impact Of Cryptocurrencies On The Global Marketplace

January 15, 2021
What Will 2021 Hold for Bitcoin and Crypto? BTC Price Prediction and Events To Watch Out for by Mid-2021

What Will 2021 Hold for Bitcoin and Crypto? BTC Price Prediction and Events To Watch Out for by Mid-2021

January 14, 2021
Crypto Payment

PayPal Crypto Trading Volume Climbed $242 In One Day

January 14, 2021
Government of Pakistani Province Announces Launch of Bitcoin Mining Farms

Government of Pakistani Province Announces Launch of Bitcoin Mining Farms

January 14, 2021
halving

Google Data Reveals “Ethereum” Searches Hit All-Time High

January 14, 2021
BTC/USD

BTC Price Analysis: In a Return Rally BTC/USD Grinds Past $40,000 Amid Grayscale Bitcoin Purchase of $80M

January 14, 2021
Wunderbit Trading

Wunderbit Trading – Copy Trading Platform That Suits All 

January 14, 2021
bitcoin

Top 7 Open-source Code Bitcoin Wallets

January 14, 2021
Bitcoin

Bitcoin Institutional Investors Not Worried About Recent BTC Decline

January 13, 2021
Crypto Analyst

Crypto Analyst Predicts BTC Will Plunge Below $20,000, BTC Up Over 2.7%

January 13, 2021

Email Subscription

Pages

About Us

Contact Us

Disclaimer

Get Latest Cryptocurrency And Bitcoin News

Privacy Policy

Write for Kryptomoney.com

Category

Events

General

Interviews

News

Price Analysis

Press Release

Sponsored

Information

About Us

Submit Press Release

Submit Guest Post

Contact Us

Social Icons

[email protected]

©KryptoMoney 2019 | Southridge Internet Corp

No Result
View All Result
  • Resource List
  • News
  • Price Analysis
  • Events
  • Press Release
  • Sponsored

©KryptoMoney 2019 | Ess Commerce Private Limited

  • bitcoinBitcoin (BTC) $ 35,715.00 9.53%
  • bitcoinBitcoin (BTC) $ 35,715.00 9.53%
  • ethereumEthereum (ETH) $ 1,155.91 4.07%
  • ethereumEthereum (ETH) $ 1,155.91 4.07%
  • tetherTether (USDT) $ 0.995098 0.64%
  • tetherTether (USDT) $ 0.995098 0.64%
  • bitcoin-cashBitcoin Cash (BCH) $ 477.75 7.33%
  • bitcoin-cashBitcoin Cash (BCH) $ 477.75 7.33%
  • binancecoinBinance Coin (BNB) $ 39.92 3.84%
  • binancecoinBinance Coin (BNB) $ 39.92 3.84%
Our websites require cookies enabled to provide you with an uninterrupted experience. Please continue without changing your setting to receive important notifications.I Agree