Ethereum (ETH) surged today after the aggregated altcoin market responded bullishly to Bitcoin’s period of consolidation in the mid-$10,000 region. This upwards momentum has sent it up towards $185, which has previously been a strong level of support for the cryptocurrency. Now analysts are noting that Ethereum’s network is expressing significant strength, which may be…
ETH price stayed above the key $175 support and recovered recently against the US Dollar. Bitcoin price is trading nicely and it recently broke the key $10,250 resistance area. This week’s followed major bearish trend line was breached with resistance near $178 on the hourly chart of ETH/USD (data feed via Kraken). The pair is…
ETH price is slowly moving down and recently broke the $180 support area against the US Dollar. The price could soon test the $172 or $170 level before it starts a fresh increase. Yesterday’s highlighted key bearish trend line is still active with resistance near $179 on the hourly chart of ETH/USD (data feed via…
The hot potato in the world of crypto at the moment is decentralized finance. Satoshi’s original notion of cutting out the bankers is now possible in this new world of digital assets and DeFi protocols. The industry is still embryonic but some of the bigger names in the world of crypto and finance are finally…
ETH price is struggling to continue to move higher above the $185 resistance against the US Dollar. The price is likely to decline if bitcoin continues to struggle below the $10,250 level. There is a connecting bearish trend line forming with resistance near $182 on the hourly chart of ETH/USD (data feed via Kraken). The…
ETH price is showing positive signs above the $180 pivot level against the US Dollar. The price is likely to continue higher above the $184 and $185 resistance levels in the near term. There is a key bullish trend line forming with support at $178 on the hourly chart of ETH/USD (data feed via Kraken).…
Ethereum (ETH) incurred a significant amount of upwards momentum yesterday that came about after the aggregated altcoin market posted some decent gains that led many cryptos to surge 5% or more. Importantly, this surge may ultimately be fleeting, as one analyst is noting that ETH has “fake pumped” on multiple occasions as of late, with…
ETH price is finding a strong buying interest near the $165 level against the US Dollar. The price is currently climbing higher and testing a major resistance area near $180 and $182. There was a break above a major bearish trend line with resistance near $176 on the 4-hours chart of ETH/USD (data feed via…
Ethereum (ETH) – along with most major cryptocurrencies – has been facing significant selling pressure in recent times and has failed to regain its previous support level of $185, despite Bitcoin expressing some hints of bullishness. New data suggests that Ethereum’s investors have a significantly higher turnover rate than Bitcoin’s investors, which may signal that…
ETH price extended its decline and tested the $170 support area against the US Dollar. The price is currently correcting higher, but it is struggling to break the $175 resistance area. There was a break above a major declining channel with resistance near $173 on the hourly chart of ETH/USD (data feed via Kraken). The…