| Digital Currency

Become a contributor

Bookmark Econotimes

| Digital Currency

ETHUSD Finds Its Footing: Buy the Dip for a Potential Surge Toward $3600

Ethereum’s Fusaka Upgrade: PeerDAS, Massive Scaling, and Cheaper Layer 2—A New Era Begins

FxWirePro- Top trending coins (CoinGecko)

Bitcoin’s $732B Mega-Cycle: The Institutional Maturation Supercycle Has Arrived

Bitcoin Bounces Hard: $87,592 Hit as Bulls Defend $80K – Next Stop $100K If $92K Breaks

Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K

Ripple's Bold Bet: $180K Bitcoin by New Year's 2026 – Garlinghouse's Epic Call Ignites Crypto Fireworks

Ethereum Refuses to Stay Below $3,000 – $3,600 Next?

FxWirePro- Top trending Coins (CoinGecko)

Altcoin Whales Go on a Feeding Frenzy: $1.36B XRP Hoover, Fartcoin Mania & $500M Exchange Exodus – The Great December Accumulation Begins

FxWirePro-Key Crypto Updates

Woori Bank Puts Bitcoin on the Board: Korea’s Big Banks Embrace Digital Assets

Ethereum Ignites: Fusaka Upgrade Unleashes 9× Scalability as ETH Holds Strong Above $3,100 – Bull Run Reloaded

Bitcoin Smashes $93K as Institutions Pile In – $100K Next?

Ethereum’s Fusaka UpEthereum’s Fusaka UpEthereum’s Fusaka Upgrade: PeerDAS, Massive Scaling, and Cheaper Layer 2—A New Era Beginsgrade: PeerDAS, Massive Scaling, and Cheaper Layer 2—A New Era Begins

FxWirePro- Major Crypto levels and bias summary

Digital Currency Revolution

©Econometrics LLC . All Rights Reserved.

ETH/EUR faces strong resistance at 8.35, break above targets 8.85

Wednesday, December 14, 2016 9:49 AM UTC

ETH/EUR is seen trading below in red on Wednesday. The pair is trading in a narrow range between 8.33 and 7.597 for the past three trading sessions (KRAKEN). It has jumped till 7.9300 at the time of writing. It is currently trading around 7.91.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 6.96

Kijun-Sen level: 7.61

Trend reversal level - (100 days MA) – 10.08

Long-term trend remains to be bearish. ETH/EUR faces strong resistance at 8.35 and any close above will take the pair till 8.85 (55- day EMA).

The major resistance is around 8.35 (Dec 8th high) any break above targets 8.95 (55- day EMA)/9.25. Short-term support is seen at 7.57 (10- day MA) and any break below targets 6.96 (daily Tenken-Sen)/6.62 (61.8% retracement of 5.58 and 8.33)/5.58.

Editor's Picks

Breathing through your nose when you exercise may make your runs easier

Entrepreneurs are facing a mental health crisis — here's how to help them

Are fish oil supplements as healthy as we think? And is eating fish better?

Will AI kill our creativity? It could – if we don’t start to value and protect the traits that make us human

Does AI have a right to free speech? Only if it supports our right to free thought

How can I lower my cholesterol? Do supplements work? How about psyllium or probiotics?

Why we need to set limits on sperm donation

Aging with a healthy brain: How lifestyle changes could help prevent up to 40% of dementia cases

Seven techniques to avoid weight regain, approved by experts

Market Data

Ethereum Holds Firm Above $3,100 Despite Dip – Fresh Breakout to $3,600+ Looming as Bulls Defend Key Support

Honduras Awaits Final Election Results as Asfura Holds Slim Lead Amid U.S. Attention

FxWirePro- Major Crypto levels and bias summary

Tom Lee’s $20,000 Ethereum Call: The Tokenization Supercycle That Will Make 2021 Look Tiny

Bitcoin Reserves Hit 5-Year Low as $2.15B Exits Exchanges – Bulls Quietly Loading the Spring Below $100K

FxWirePro: EUR/AUD force is with bears as pair hits low since June 11th

CFPB to Review Anti-Discrimination Policies and Fair Lending Rules Amid Policy Shift

FxWirePro: GBP/AUD downtrend extends ,eyes 23.6%fib support

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

EconoTimes

Disclaimer: EconoTimes provides references and links to selected blogs and other sources of economic and market information as an educational service to its clients and prospects and does not endorse the opinions or recommendations of the blogs or other sources of information. Clients and prospects are advised to carefully consider the opinions and analysis offered in the blogs or other information sources in the context of the client or prospect's individual analysis and decision making. None of the blogs or other sources of information is to be considered as constituting a track record. Past performance is no guarantee of future results and EconoTimes specifically advises clients and prospects to carefully review all claims and representations made by advisors, bloggers, money managers and system vendors before investing any funds or opening an account with any Brokerage. Any news, opinions, research, data, or other information contained within this website is provided as general market commentary and does not constitute investment or trading advice. EconoTimes expressly disclaims any liability for any lost principal or profits without limitation which may arise directly or indirectly from the use of or reliance on such information. As with all such advisory services, past results are never a guarantee of future results.

Digital Currency Revolution

ETH/EUR faces strong resistance at 8.35, break above targets 8.85

Editor's Picks

Welcome to EconoTimes