ETH price is trading in a bearish zone below the $142 and $146 resistance levels against the US Dollar.The price is declining and it seems like it could continue to drop below $140.There is a major bearish trend line forming with resistance near $142 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair…
Ethereum has been closely tracking Bitcoin’s price action in recent times, which has proven to be largely bearish. Both BTC and ETH are now trading at key support levels, and any further near-term downside could spark a massive capitulatory sell off that sends the cryptos reeling lower. For Ethereum, analysts are noting that $140 is…
Ethereum and the aggregated crypto markets have been caught in a firm downtrend since early-November, and dwindling trading volume has resulted in ETH and other cryptocurrencies facing an ongoing period of sideways trading that has been frustrating for investors and traders alike. This lack of volatility has especially impacted Ethereum, which is currently witnessing the…
Ethereum is down more than 2% and it broke the $142 support area against the US Dollar. The price is currently correcting higher, but it could face hurdles near $142 and $144. Yesterday’s major bearish trend line is active with resistance near $145 on the hourly chart of ETH/USD (data feed via Kraken). The price…
Ethereum has had a turbulent week, with much of its recent price action favoring sellers as the crypto has faced a steady stream of downwards pressure in the time following ETH’s recent visit to over $150 earlier this past week. Although all eyes are closely watching Bitcoin’s near-term price action, it is important to note…
It has been another miserable week for Ethereum as prices continue to erode. Further declines today have left the world’s second largest crypto asset in danger of hitting a nine month low. Decentralized finance (DeFi) markets are in an opposing trend with continued growth in the sector. Ethereum Hits $140 Ethereum is still deep in…
Ethereum’s price action has been closely correlated to Bitcoin’s over the past several weeks, leading ETH’s price to dip into the lower-$150 region, which is where it has been able to find some levels of support.Ethereum’s much-anticipated Istanbul hard fork has come about concurrently with ETH’s ongoing downtrend, and it appears that investors are not…
Ethereum and most major altcoins have been closely tracking Bitcoin’s price action as of late, and the aggregated market has been unable to find any decisive momentum over the past few weeks. This lack of momentum has caused ETH to hover around the $150 region as bulls and bears remain deadlocked.Analysts are now noting that…
Accounting giant Ernst & Young has just released open source code that vastly improves privacy and transaction efficiency for Ethereum. The news comes just days before the network undergoes an upgrade that further reduces costs and increases security.EY Supercharges Ethereum PrivacyFrom a technical standpoint Ethereum is constantly strengthening, but that has not been reflected in…
Fundamentally Ethereum is going from strength to strength. Network activity is up, development is on track, an upgrade is imminent, and DeFi is hitting record figures. Yet ETH prices have fallen again so what is going on? Ethereum Network Strengthens Despite a flurry of FUD from Bitcoin maximalists and rival network supporters, Ethereum is still…