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Ethereum Bulls Might Press Rate to $160, However Macro Outlook is Bearish; Here’s Why
Ethereum and most major altcoins have incurred significant upwards momentum over the past day, which stems from Bitcoin’s notable surge from lows of $6,800 to highs of $7,400. ETH, which is slightly underperforming BTC, has been able to reclaim its positive within the $130 region, and is showing growing signs of bullishness.In the near-term, one…
$30 m in Ethereum Went into Huobi in 7 Days: Why It Is Bad for ETH Costs
Ethereum is not having the greatest start to 2020. Prices are dumping again from levels which are already at rock bottom as more ETH gets liquidated on exchanges.Ethereum Keeps DumpingSince New Year’s day ETH has dumped over 5% and the rout has continued for the third day of the month. Support at $130 has turned…
Ethereum Hard Fork Impends and It’s a Secret Action for Shift to PoS
The world’s second largest crypto asset has had a pretty dismal year, ending it almost 7% lower than it began 2019. Ethereum fundamentals have not really faltered though and an impending hard fork is another step in upgrading the platform.Ethereum Muir Glacier ImminentAccording to the countdown the hard fork will be imminent by the time…
Why Ethereum Is Poised for To Bottom and See 100% Brand-new Year’s Rally
2019 proved to be a positive year for the aggregated cryptocurrency markets, with Bitcoin posting a stunning surge of nearly 100%, while altcoins had mixed performance, with Ethereum (ETH) dropping marginally while XRP posted a massive 45% drop.Analysts are now noting that Ethereum could be on the cusp of seeing significantly further gains, with the…
Ethereum’s Cost Action resembles Bitcoin’s at $3,000: A Crazy Rally looms
After reclaiming the $130 level earlier this past week, Ethereum (ETH) is currently struggling to hold above this level as bears attempt to take full control of the aggregated cryptocurrency markets.It is important to note that ETH’s current bearishness could cut deeper in the near-term, but analysts are noting that the cryptocurrency’s current price action…
Ethereum (ETH) Might Dive If Bitcoin Continues To Battle
Ethereum is down around 4% from the $138 high and tested the $130 support against the US Dollar.The price is currently consolidating above the $130 support, with a few bearish signs.There is a connecting bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin failed to stay…
This Sign Signals the Ethereum Bearish Market is Over, However Will an Insane Rally Follow?
Despite the lackluster price action seen by Bitcoin over the past several days, Ethereum (ETH) has been able to climb back above its previous resistance level at $130 and find some decent buying pressure at this price region, which has come about after an extended period of trading sideways just above its key support level…
Ethereum (ETH) Rallies 5% However Bitcoin Still Routing
Ethereum is up more than 5% and it broke the $130 and $132 resistance levels against the US Dollar.The price is currently consolidating near the $135 level, with a positive bias.There is a key bullish trend line forming with support near $131 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin also surged above…
Ethereum at Possibly Secret Turning Point, Bitcoin Holding $7K
Ethereum is still trading above the $122 and $125 support levels against the US Dollar.The price could start a decent increase above the $128 and $130 resistance levels.This week’s major bearish trend line was breached with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin spiked above $7,300, but it failed…
Can Ethereum Sellers Keep The Reduction Going Listed Below $125?
Ethereum is slowly moving down and it recently broke the $125 support against the US Dollar.The price is now facing a couple of key hurdles near the $126 and $128 levels.Yesterday’s key bearish trend line is active with resistance near $127 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin is currently consolidating near…