The price of Ethereum follows bitcoin in its bullish ecstasy, and this morning we had a jump to the $ 2,000 level. Soon after that, the price made a new pullback and dropped to the current 1965 dollars. We may see a retest of the lower support at $ 1,900. If the price of Ethereum declines above, then it could make a longer bullish boost to the $ 2100 zone. And if...
During the Asian session, the price of silver was in a strong bullish trend but stopped at the $ 22.32 level. As the European session began, the price of silver began to recede, finding support in the zone of around $ 22.00. It is now probable that the pullback will continue until the $ 21.80 price and support on the lower trend line. Breaking prices below that...
During the Asian session, the euro added new gains against the dollar. The second reading of the US GDP on Thursday showed a negative picture of the state of the US economy in the first quarter. Last week, notes from the last Fed meeting showed a milder tone regarding the increase in interest rates, which was reflected in the confirmation of the withdrawal of the...
During the Asian session, the euro strengthened against the dollar and peaked at 1.07675. The second reading of the US GDP showed a gloomier picture of the state of the American economy in the first quarter yesterday, and the day before yesterday's notes from the last meeting of the Fed showed a slightly milder hawkish tone. As the European session began, the euro...
The price of Bitcoin is still unchanged in the range of 29000-31000 dollars. This morning, another attempt to climb to the upper resistance zone was stopped, and the price stopped to 30,200 dollars. After that, we have a pullback below $ 30,000. We have support at $ 29,300, and since then, the price has recovered. Bearish pressure is still present and could break...
The price of Ethereum is in a similar situation. She failed to stay above $ 2,000 this morning. We saw another withdrawal, and the price stopped at $ 1930. Bearish pressure seems to be getting stronger and could bring us down to $ 1,900 on another test. Then there could be a break below, which would lower the price to support $ 1,800. For the bullish option, we...
The price of Ethereum should soon reach the resistance zone at the $ 2,100 level. We could expect the next resistance at that level if we don't see a strong break above. We need the price to rise to a minimum of $ 2,200 level in order to create space for a potential correction and then make a new bullish impulse. If the price succeeds, our next bullish targets are...
The bitcoin price has been in the sideway consolidation in the last ten days, between 28,500-31,500 dollars. On May 20, the price tested the lower support again and launched a new bullish consolidation. Over the weekend, the price gradually rose, resulting in a break above the $ 30,000 level. We should climb to the $ 31,500 level again in the next period. If the...
During the Asian session, the euro rose against the dollar. Data on inflation in the euro area in April showed that it grew slightly slower than expected. It showed 7.4% year on year; expectations were 7.5%. Positive data on retail sales in the United States in April from yesterday left a positive mark on the dollar. The euro is exchanged for 1.04800 dollars,...
The price of natural gas has fallen out of its rising channel, and the price is down 3.84% today from the start of trading tonight. From yesterday's high of $ 8.50, the price has dropped to the current $ 7.88. The drop in demand and the end of the heating season are also the reason why the price could retreat to the previous support zones. Today's potential...
The price of bitcoin has been moving sideways for the sixth day. We can see that the volume has decreased, and bitcoin today ranges between 29500-30700 dollars. There is more pressure on the lower support zone, and I would not be surprised if we saw a breakthrough below this support. Should that happen, we seek first support at $ 29,000. With increased bearish...
During the Asian session, the euro strengthened against the dollar. Disappointing data on economic activity in the federal state of New York strengthened the thesis about the potential slowdown of the strongest economy in the world, so the US dollar is in a slight retreat. Political coordination between representatives of EU member states continues. Yesterday's...
Ethereum chart analysis The price of ethereum continues to recover after falling to $ 1,697 last week. Since then, the price has been moving in sideway consolidation in the range of 1950-2150 dollars. We will soon be approaching the MA200 moving average and a possible break above to continue the bullish recovery. If the price manages to consolidate at $ 2,200,...
Over the weekend, the price of Bitcoin was in lateral consolidation in the range of 29000-31000 dollars. This morning, bitcoin managed to climb to 31,500 dollars, but after that, we had a pullback, and now we are consolidating around 30,000 dollars. To get out of the bearish trend, we need a bullish boost that would raise the price above $ 31,500. Our potential...
The price of Ethereum is already on the fourth day in the side consolidation in the range of 1950-2150 dollars. ETH is still under bearish pressure as long as it is in this consolidation. We need a break above $ 2,200 to have positive confirmation on the chart. If Ethereum manages to stay above, we could consider a potential continuation of the bullish trend. Our...
During the Asian session, the price of crude oil recovered after a milder withdrawal than yesterday. As the European session began, the oil price began to fall, from $ 106.23 to $ 102.60. An official government report on the state of stocks showed yesterday that crude oil stocks in the USA increased by 8.5 million barrels. The political harmonization of the...
At the beginning of the Asian session, the oil price fell to its lowest level this week to $ 98.11. Positive consolidation soon followed, and the price was again above the $ 100 level. By the middle of the European session, the oil price recovered by 5 dollars, jumping to 103.32 dollars. We now have a smaller withdrawal of up to $ 102.55. the highest volatility on...
Bitcoin tested the $ 30,000 support zone once again this morning. Since then, we have seen a new bullish impulse that has raised the price to $ 32,000. We are now again in the consolidation phase, and we are following the signs about the potential determination of the short-term trend. For the bullish option, we need a concrete break above $ 32,670. If Bitcoin...