Ethereum Long-Term Price Analysis

  • Ehereum is consolidating on a long-term outlook
  • Traders should tread carefully as the consolidation means a break out to the upside or to the downside will occur
  • Small profits could be taken trading the range with a good trading strategy

ETHUSD Long-term Trend – Ranging

Distribution territories: $900.00, $1,000.00, $1,100.00.

Accumulation territories: $500.00, $400.00, $300.00.


Ethereum is ranging in the long-term. The bearish pressure that started on May 5 continued to push its price down to the $638.47 accumulation territory until May 12, in which we had a bullish hammer.

This means the bulls are back on the market and that they helped push Ethereum’s price to the $738.53 distribution territory. The bears came in and pushed price down from this distribution territoriy back to the accumulation territory.

The formation of a railroad here territory set the bulls in, and they are currently pushing the price up, likely back to the accumulation territory.  Ethereum is currently trading within the range at the $800.00 upper distribution and at the $600.00 lower accumulation territory.

Ethereum, ETHUSD, Cryptocompare chart

The price is above the 13 and 50-day SMA with bullish candles forming. This means that bullish momentum is strong. We are likely going to see more bullish candles form as ETH makes its way back to the upper accumulation range.


The views and opinions expressed here do not reflect that of and do not constitute financial advice. Always do your own research


Chainalysis Launches Real-Time Suspicious Transaction Alerts for 15 Cryptocurrencies

Blockchain intelligence firm Chainalysis has introduced "suspicious cryptocurrency transaction alerts" in "Chainalysis Know Your Transaction (KYT)", its "real-time anti-money laundering (AML) compliance solution".

Chainalysis, which was founded in 2014 by Dr. Michael Gronager (the current Chief Executive Officer), Jan Moller (the current Chief Technology Officer), Jonathan Levin (the current Chief Operating Officer), is a company with two main products:

  • Chainalysis Reactor -- its investigation software suite
  • Chainalysis Kknow Your Transaction (KYT) -- its compliance software suite

Chainalysis KYT supports "real-time transaction screening"; "case management capabilities"; "enhanced due diligence"; and "KYT for token issuers".

In a press release published on its blog on Thursday (August 22), Chainalysis says that Chainalysis KYT's alerts are "designed to help cryptocurrency businesses and financial institutions mitigate exposure to regulatory and reputational risk by helping compliance teams focus on the most urgent activity and enforce compliance policies while better allocating resources."

John Dempsey, VP Product, Chainalysis, had this to say:

As lawmakers and regulators focus their attention on the industry, it is more critical than ever that cryptocurrency businesses demonstrate compliance best practices.

According to Chainalysis, this new feature results in alerts being generated "whenever a transfer involves a risky counterparty and crosses a value threshold." Alert levels (Severe, High, Medium, and Low) are "based on factors such as category, service, direct versus indirect exposure, direction of funds, and amount," and are available for all 15 cryptocurrencies that Chainalysis supports (including BTC, ETH, BCH, LTC, USDT, and DAI).

Michael Breu, Gemini's Chief Compliance Officer, also chose to comment on this announcement:

As a New York Trust company we are required to monitor transactions on and off our platform. Tools like KYT alerts, which provide real time and ongoing blockchain analysis, coupled with Gemini's own compliance policies, help us meet our regulatory obligations.


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