This year’s crypto rout has been more painful for some than others. Ethereum has been one of the heavy sufferers, affected by fundamentals beyond just a bearish market. Ethereum’s Ups and Downs Several factors have driven Ethereum prices into the ground this year. Firstly is the ever present threat of US Securities and Exchange Commission…
Key Highlights ETH price surged higher recently and broke the $130 and $140 resistance levels against the US Dollar. There is a crucial bullish trend line in place with support at $138 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading near $148 and it could rally above the…
Key Highlights ETH price surged higher and broke the $115 and $125 resistance levels against the US Dollar. There is a major bullish trend line formed with support at $114 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains in a solid uptrend and it could continue to rise towards the…
A market pullback from five days of solid gains was inevitable. A few hours ago Bitcoin broke through support and dropped below $4,000 pulling all cryptos in the top twenty five down with it. All except one that is as Tron is resisting the rout and posting solid gains today. TRX On The Up According…
Key Highlights ETH price traded further higher and traded as high as $107.81 before correcting lower against the US Dollar. Yesterday’s highlighted key bullish trend line acted as a support at $98 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its upside move as long as it is holding…
Following yesterday’s market surge, Bitcoin has continued to climb and is now looking to target $4,000 as its next point of resistance. Bitcoin’s bullish price action has led to a widespread market surge, with the overall crypto market cap climbing to $125 billion. At the time of writing, Bitcoin is trading up 7.3% at its…
Following yesterday’s rally that allowed the cryptocurrency markets to regain much of last week’s losses, Bitcoin has been able to sustain above $3,500 and most altcoins have continued to rise. The market’s recent move appears to have validated the recent lows as a strong level of support. At the time of writing, Bitcoin is trading up…
Key Highlights ETH price traded higher recently and broke the $89-90 resistance area against the US Dollar. There was a break above a crucial bearish trend line with resistance at $87 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded as high as $97 and it is currently consolidating gains above…
Latest data indicates that Ethereum has reached a milestone in terms of unique addresses surpassing 50 million. While this news is a good sign for growth the actual number of active addresses has declined quite substantially. 50 Million Ethereum Addresses Metrics from etherscan indicates that Ethereum crossed 50 million addresses over the weekend. During its…
Key Highlights ETH price declined recently and traded towards the $80-81 support area against the US Dollar. There was a break above a major bearish trend line with resistance at $84 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may continue to move higher, but it could face sellers near the…