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Ethereum Rate Plunges to $1,550: Can Bulls Conserve the Day?
Ethereum started a downside correction from the $1,675 high against the US Dollar. ETH must stay above the $1,550 support to start a fresh increase. Ethereum climbed higher above $1,650 before it started a downside correction. The price is now trading below $1,600 and the 100 hourly simple moving average. There is a key bearish…
Dogecoin Climbs up 6% In Last 24 Hours– Can DOGE Maintain Its All-Green Aura?
Dogecoin, earlier today, once again initiated a rally that enabled it to go up by 6% in just 24 hours, peaking at $0.127. But as hours went by, DOGE lost some of its momentum as it is now trading at $0.122 according to tracking from Coingecko. Here’s a quick look at the meme coin’s performance:…
Why Ethereum Might Drop To $1,500, After ETH Gained 30% In Last 2 Weeks
Ethereum is currently at the mercy of sellers that could put a huge dent on its bullish momentum and pull it back to the $1,500 region, or even lower. The king of all altcoins took advantage of the crypto market’s late October push, surging all the way to $1,655. It tried to move past this…
Axie Infinity Can Recover Its 6-Month Loss And Increase 25%, However It Needs to Initially Do This
Axie Infinity (AXS) finally managed to break away from its downward momentum that’s been going on for the last six months. According to latest data from Coingecko, the crypto asset peaked at $11.29 today before entering a minor price correction that made it decline by more than 7% over a 24-hour period. AXS is in…
Why Ethereum Would Have Been A Better Financial Investment For MicroStrategy
The debate of which is the better investment between Bitcoin and Ethereum continues to wax strong between communities. This time around, it is being put to the test using MicroStrategy’s crypto investments over the years. Microstrategy is currently seeing a loss on the 130,000 BTC that it had purchased over the years, making it the…
Shiba Inu Off To Weak Start This November As SHIB Dealt With Offering Pressure In Last 7 Days
Shiba Inu squandered its gains during the tail end of October that enabled it to add almost $2 billion to its total market cap which currently stands at $7.29 billion. At the time of this writing, SHIB is changing hands at $0.00001242 according to tracking from Coingecko. It is still up by 16% over the…
Cardano Seen Hitting Over $0.50 By End Of November, This Algorithmic ‘Prophet’ Anticipates
Cardano (ADA), as it appears, is one of the altcoins which have failed to capitalize on the short-lived rally of the crypto market to once again push its overall valuation to above $1 trillion. In fact, the cryptocurrency was surpassed by Dogecoin in terms of market capitalization as ADA now ranks 9th in that particular…
Ethereum Cost Simply Reversed and $1,700 looms, Here’s Why
Ethereum remained well bid above the $1,500 level against the US Dollar. ETH is rising and might soon clear the $1,600 resistance zone. Ethereum tested the $1,500 support zone and started a steady increase. The price is now trading above $1,560 and the 100 hourly simple moving average. There was a break above a crucial…
Ethereum Cost Holds at $1,500, Why There’s Wish for The Bulls
After yesterday’s Federal Open Market Committee (FOMC), the Ethereum price and the crypto market have held their ground. Those market participants expecting a return to the previous range might be disappointed as macro-economic forces  At the time of writing, the Ethereum price trades at $1,540 with a 2% profit in 24 hours and a 2%…
Ethereum Needs To Hold $1,500 Or Threat A Decrease To $1,300
Ethereum is on an obvious bull path given its performance in the last couple of weeks. The digital asset took a turn for the better more than a month after the Merge was completed and accumulation among investors was already in full swing. ETH’s price eventually surpassed $1,600 before encountering rejection and dropping down below. …