Ethereum/Usd Technical Analysis and What's next From Bitcoin | Crypto Market Updates

in #cryptocurrency6 years ago

Hey sorry for that i took a long break and couldn't update you all!

In this post I'm gonna tell you about the Technical analysis of ETH/usd , bitcoin's next move and Crypto market updates.

eth.jpg

ETH/USD TECHNICAL ANALYSIS

Eth recently failed to break the resistance of $290 and got a pullback and is currently traded at $284.5 (at the time of writing this post).
A bearish trend line is formed when you look at the chart below and it also needs to break the $290 to see a breakout.
If there's an upside breakout above $288-290,then the price is likely to go above the $295 level in the near term.

Hourly MACD – The MACD is currently placed in the bearish zone.

Hourly RSI – The RSI is currently below 50.

Major Support Level – $281

Major Resistance Level – $288-290

Ethereum3.png

BITCOIN NEXT MOVE BULLISH OR BEARISH ?

BTC recently has cleared it's resistance of $7150 and currently at $ 7380 .
the current price seems to have a good support at $7300 and this could make Btc head towards $7500 mark and then if it croses that too then we may also see $7800 and then $8500, but only if big whales don't manipulate the market.

Crypto market updates

Chat coin pumped 100% in a day

Monero gained 30% within 7 days due to statis group price prediction

Latest version of Mega chrome extension hacked which steals crypto private keys

Sort:  

Resteemed by @resteembot! Good Luck!
Check @resteembot's introduction post or the other great posts I already resteemed.

Congratulations @pm-tv! You have completed the following achievement on Steemit and have been rewarded with new badge(s) :

Award for the number of upvotes

Click on the badge to view your Board of Honor.
If you no longer want to receive notifications, reply to this comment with the word STOP

Do not miss the last post from @steemitboard:
SteemFest³ - SteemitBoard support the Travel Reimbursement Fund.

Do you like SteemitBoard's project? Then Vote for its witness and get one more award!

Coin Marketplace

STEEM 0.19
TRX 0.18
JST 0.032
BTC 87119.34
ETH 3264.22
USDT 1.00
SBD 2.93