| Digital Currency

Become a contributor

Bookmark Econotimes

| Digital Currency

FxWirePro- Top trending Coins (CoinGecko)

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

Strategy (MicroStrategy) Goes All-In Again: 8,178 BTC Scooped at $102K as Whales and ETFs Refuse to Blink

FxWirePro- Major Crypto levels and bias summary

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

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

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

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

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- Key Crypto Updates

FxWirePro- Top Trending Coins (CoinGecko)

Firelight Launches as First XRP Staking Platform on Flare, Introduces DeFi Cover Feature

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

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

BitMine Goes Nuclear on Ethereum: Snaps Up 23,773 ETH in Days, Now Holds 3.7 Million ETH (Over 3% of Entire Supply

Bitcoin Defies Gravity Above $93K Despite Missing Retail FOMO – ETF Inflows Return & Whales Accumulate: Buy the Dip to $100K

Digital Currency Revolution

©Econometrics LLC . All Rights Reserved.

FxWirePro: ETH/EUR trades in narrow range, further bullishness only above 49.50

Friday, April 21, 2017 11:19 AM UTC

ETH/EUR is seen trading slightly below in red on Friday and the pair is trading in a narrow range between 47.08 and 44 for the past three trading session. It is currently trading around 45.39 at press time.

Ichimoku analysis of daily chart shows:

Tenkan-Sen level: 44.30

Kijun-Sen level: 43.94

Major Trend reversal level - (Mar 18th, 2017 low) – 28

Long-term trend remains to be bullish. ETH/EUR faces strong resistance at temporary top formed at 49.50 and any break below confirms major bullishness.

The major resistance is around 49.48 (Mar 29th, 2017 high) and any break above targets 56.32 (161.8%T retracement of 49.48 and 38.40). Short term support is seen at 43.94 (daily Kijun-Sen) and any break below will drag the pair till 41.37 (23.6% retracement of 49.48 and 38.40)/ 38.40 (Apr 4th low)/35 (Mar 22nd low).

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

U.S. Appeals Court Rules Trump Can Remove Members of Key Federal Labor Boards

Australia Imposes Sanctions on Taliban Officials Over Human Rights Abuses

Supreme Court to Review Legality of Trump’s Birthright Citizenship Restrictions

U.S. Stocks Rise as Cooler Inflation Boosts Hopes for Fed Rate Cut

Trump Backs Review of U.S. Childhood Vaccine Schedule After Hepatitis B Policy Change

Netflix’s $72 Billion Warner Bros Discovery Deal Reshapes the Entertainment Landscape

U.S. Stocks End Week Higher as Markets Anticipate Fed Rate Cut

Austria’s AA Credit Rating Affirmed as Fitch Highlights Stable Outlook

Fed Meeting Sparks Division as Markets Brace for Possible Rate Cut

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

FxWirePro: ETH/EUR trades in narrow range, further bullishness only above 49.50

Editor's Picks

Welcome to EconoTimes