Ethereum and the entire crypto markets have descended downwards over the past several days, primarily due to the fact that Bitcoin has been unable to advance past the upper-$8,000 region, which has sparked a widespread sell-off that has had a fairly significant impact on most altcoins, including ETH. Now, analysts believe that Ethereum’s current selling…
ETH price failed to gain momentum above $250 and $252 against the US Dollar. The price is currently well below $250 and it remains at a risk of more losses. There is a major bearish trend line forming with resistance at $248 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains…
ETH firm above $230 Nexus Mutual and Argent partnering, will avail bank-account grade security Ida Jonsson and Simon Saarinen are paying homage to the Circle Game. By immutably burying three ASCII Permanent Penises, the artists will be maintaining their culture. While at it, ETH is steady in the last 24 hours. Ethereum Price Analysis Fundamentals…
ETH price started a steady decline and broke the $252 support area against the US Dollar. The price traded towards the $230 level and formed a new swing low at $233. There is a major bearish trend line forming with resistance near $246 on the hourly chart of ETH/USD (data feed via Kraken). The pair…
Ethereum (ETH) drops 3.7 percent SEC flexibility shall boost innovation The motive of Blockchain.com’s acquisition of a blockchain startup is to merge knowledge, work towards improving security, and solving interoperability issues. However, that was not enough to move this market. Ethereum (ETH) is down 3.7 percent in the last 24 hours. Ethereum Price Analysis Fundamentals…
ETH price recovered recently, but it struggled to clear the $275 resistance against the US Dollar. The price is currently under pressure and it could decline below the $260 support area. There was a break below a major bullish trend line with support at $270 on the hourly chart of ETH/USD (data feed via Kraken).…
ETH price recovered nicely after declining towards the $240 support area against the US Dollar. The price traded above the $270 level, but it seems to be struggling near $278 and $280. There is a short term breakout pattern forming with resistance near $270 on the 4-hours chart of ETH/USD (data feed via Kraken). The…
Despite incurring some noteworthy selling pressure earlier this week, Ethereum has posted a decent recovery in the time since and is now tepidly advancing back towards the $270 region. One analyst is now noting that Ethereum is close to forming a bullish technical formation that has only been formed a small amount of times in…
The aggregated crypto markets have been incurring significant amounts of downwards pressure over the past couple of days as a result of Bitcoin’s inability to climb past $9,000. This has led Ethereum to face considerable selling pressure that has led its price to drop significantly from its recent highs. Despite this latest drop, it is…
ETH price recently climbed higher and settled above the $265 resistance against the US Dollar. The price gained traction and spiked towards the main $280 resistance area. There is an ascending channel forming with support near $266 on the hourly chart of ETH/USD (data feed via Kraken). The pair is trading nicely above the key…