Get started

Ethereumpriceprediction

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 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
Ethereum Price Analysis and Prediction for September 6th 2019 Relative Strength Index: The current RSI is at 65 points, it recently peaked at 75 when Ethereum's price reached $176. Since then it has rebounded but is still looking strong. We could see some movement in the next few hours. Bollinger Bands: The price is currently close to the upper bollinger bad, but still has some room for upwards movement. The price also crossed above the MA line, and looks like it's going to rebound back down to it. Volume: The volume is extremely low right now. Chances that the market makes any large moves any time soon is extremely low. Ethereum Price Prediction In my previous Ethereum price prediction , I mentioned how the market will most likely test $180 then make its next move. While the market didn't test $180 it got close and tested $177, rebounding down shortly after. RSI is telling us the market has some power, bollinger bands tell us the market has room for movement, yet the volume tells us the market is quiet. With no volume it's extremely unlikely Ethereum price is going to make any major moves in the next few hours. Most likely the price will retrace slightly towards the MA line and harness power at that level for the next move. Moreover, since most cryptocurrencies - including Ethereum - are following Bitcoin's movements, since BTC has been laying low lately it only makes sense that the rest of the market is as well. Read More: Ethereum Price Analysis and Prediction for September 6th 2019
BITSTAMP:ETHUSD
by nulltxmark
Ethereum Price Analysis: ETH Remains Heavily Influenced by BTCRelative Strength Index: The RSI is currently at a healthy 51 points. This means the market is stabilized and we should expect sideways momentum in the coming hours. Looking at RSI’s oscillation, we can see the trend should be reversing. If the RSI peaks above 70 again, we should anticipate another move upwards. Bollinger Bands: At the time of writing, Ethereum’s price is touching the upper bollinger band. This means one of two things: Either ETH is about to breakout, or it’s going to retrace within the bands’ range. Volume: You can’t ignore the massive red candle a few hours ago which caused Ethereum’s price by roughly 1%. However, ETH was able to rebound extremely quickly even with low volume, which suggests that the market is trying to stabilize. Ethereum Price Prediction Before I go over my Ethereum price prediction, let me tell you that no matter what the indicators say, since most altcoins – and especially Ethereum – are heavily influenced by Bitcoin’s movements, you have to keep the BTC market in mind. That being said, according to the RSI the market does have a healthy amount of strength to make some moves. BBs aren’t very telling, as they are hinting that ETH is either about to breakout or retrace. Finally, the low volume is suggesting a sideways market, as it’s extremely low right now. My personal opinion is that ETH will trade sideways, inching towards the $180 level. After all, the market does have enough power to make that move, and now that ETH has rebounded from the nasty red candle, let’s hope that the bulls will make their presence known once again. Read More: Ethereum price analysis
BITFINEX:ETHUSDLong
by nulltxmark