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Ethereum’s Rejection Could Stimulate an Enormous Selloff; What Elements Should We Think about?
Ethereum’s recent uptrend reached a boiling point yesterday when the cryptocurrency rallied to highs of $148, which is the level at which ETH met significant selling pressure that led to a strong and swift rejection.The strong rejection at this level has put ETH into a downwards tailspin, even forcing it to lose its position within…
Ethereum Bulls Thinks Twice However Upswing Above $150 Is Looming
Ethereum rising steadily above the $142 and $145 resistance levels versus the US Dollar. Besides, bitcoin surged close to 5% above $8,400, opening the doors for an upside break in ETH above $150.Ether price traded to a new 2020 high at $148 and it is currently consolidating against the US Dollar.The price seems to be…
These Elements Might Catalyze a Huge Ethereum Rally of a minimum of 100%
Over the past several days, Ethereum (ETH) has incurred some serious upwards momentum that has allowed it to outperform Bitcoin and put a significant amount of distance between its current prices and its recent lows of $120.This momentum has come about concurrently with the ongoing recovery seen across the aggregated crypto market, and analysts are…
Ethereum Smashes Resistance, Reasons ETH Might Rally 10%
Ethereum gaining bullish momentum above key hurdles versus the US Dollar, similar to bitcoin. ETH price is likely to accelerate higher towards $145 and $150 in the near term.Ether price is rising steadily and trading above the $135 resistance against the US Dollar.BTC is also showing a lot of positive signs above the $7,400 resistance…
This Pattern Signals Ethereum remains in for an Enormous Correction; Here’s How Low It Might Fall
Ethereum (ETH) has found itself caught within a firm uptrend over the past several days, which has allowed it to quickly near its next key resistance level at $140, with a break above the resistance that exists here potentially allowing it to climb significantly higher.In spite of the bullishness of this rally, it is important…
Ethereum Extremely Bullish And $145 Looms, Here’s Why
ETH price is gaining bullish momentum above the $132 resistance against the US Dollar.The price is trading above $135 and it recently traded to a new 2020 high.There was a break above a key declining channel or bullish flag with resistance near $130 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair is…
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…