Just 48 hours before the planned Constantinople hard fork for Ethereum the brakes were anchored on as a network code vulnerability was discovered. The price of Ethereum took a dive and the upgrade was postponed until the end of this month. As we approach the new date for Constantinople, Ethereum is holding steady while most…
ETH price is slowly moving higher and it remains well supported near $119 against the US Dollar. There is a major bullish trend line formed with support at $119 on the hourly chart of ETH/USD (data feed via Kraken). The pair could dip a few points, but it is likely to find buyers near $119,…
Last Friday the crypto markets experienced an incredibly positive trading session that led Bitcoin, and many other cryptocurrencies, to surge 10% or more. This market move was led by Litecoin (LTC), which surged over 30% to erase several weeks of losses. Although Litecoin was the best performing crypto last week, it has led today’s market…
ETH price extended gains and traded above the $118 and $120 resistance levels against the US Dollar. There was a break above a major bearish trend line with resistance near $117 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded towards the $125 resistance and later corrected lower towards $120. Ethereum…
ETH price formed a solid support at $100 and started a strong uptrend against the US Dollar. There was a break above a crucial bearish trend line with resistance at $104 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair traded as high as $122 and it is currently consolidating gains with…
The cryptocurrency markets are currently experiencing a relatively involatile day, with most major cryptos trading up or down marginally. Because Bitcoin has held support at $3,400, most cryptocurrencies, like Ethereum (ETH), are resting at, or slightly above, their support levels, which is leading many traders to express increased caution in entering any longs positions. Despite…
The top cryptocurrencies by market capitalization is an ever shifting list as new winners emerge to usurp yesterday’s champions. Another market dump appears to have initialized shaking up the order of things in this crypto chart once again today. Ripple Extending Lead, BNB Surging, Cardano and Stellar Sliding Ethereum has suffered heavier losses than its…
ETH price recovered a few points, but it is facing a lot of hurdles near $114 against the US Dollar. There was a break above a major bearish trend line with resistance at $107 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to accelerate higher if it succeeds in…
ETH price failed to hold gains above the $105 level and declined sharply against the US Dollar. There was a break below a major bullish trend line with support at $105 on the hourly chart of ETH/USD (data feed via Kraken). The pair might correct higher in the short term, but the $106 and $107…
ETH price remained below the $120 and $125 resistance levels against the US Dollar. There is a crucial bearish trend line formed with resistance at $116 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair needs to surpass the $116, $117 and $120 resistance level for a decent upside move. Ethereum price…