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…
ETH price seems to be trading in a broad range below the $265 resistance against the US Dollar. The price recently recovered after testing the $230-231 support area. There is a major contracting triangle forming with resistance at $260 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains well supported on…
ETH price decline recently and retested the key $231 support area declined against the US Dollar. The price started a decent rebound and recovered above the $240 and $242 levels. There is a major bearish trend line forming with resistance near $248 on the hourly chart of ETH/USD (data feed via Kraken). The pair must…
The aggregated crypto markets have incurred some selling pressure today that has sent Ethereum’s price reeling back nearly 5%, jeopardizing the upwards momentum that the crypto has incurred over the past several weeks. Despite this, earlier today news broke regarding the approval of the Grayscale Investment’s Ethereum Trust for individual investors. The investment vehicle –…
ETH price is slowly moving higher and it is currently holding the $250 support against the US Dollar. The price is likely to gain pace above the $265 and $270 resistance levels in the near term. Yesterday’s highlighted ascending channel is intact with support near $252 on the hourly chart of ETH/USD (data feed via…