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Ethereum (ETH) Goes Parabolic After Bitcoin, Wants To Press $300
Ethereum (ETH) add 55 percent in the last week Cryptopia folding explains exchanges should be after verticals, not listing and trading fees According to Vijay Boyapati, exchanges are walking the wrong path of short-term profitability over future dominance better exemplified by Cryptopia decision to list as many as coins/tokens as possible before falling prey to…
Ethereum (ETH) Rate Strikes First Target: $240 Might Be Next
ETH price climbed above the $210 resistance level and tested the $225 level against the US Dollar. The price remains in a strong uptrend and it could soon test the $240 resistance area. There is a new short term bullish trend line forming with support near $209 on the hourly chart of ETH/USD (data feed…
Ethereum (ETH) Rate In Restorative Reduction: Purchasing Dips Preferred
ETH price climbed to a new 2019 high above $200 before correcting lower against the US Dollar. The price declined below the $195 and $190 support levels before the bulls appeared near $182. There is a new connecting bullish trend line forming with support near $186 on the hourly chart of ETH/USD (data feed via…
Ethereum (ETH) Cost Smashes Resistance: Bulls Target $220 or Greater
ETH price broke the main hurdle near the $178 and $180 resistance levels against the US Dollar. The price even broke the $200 resistance level before starting a downside correction. There is a major bullish trend line in place with support near $178 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair…
Ethereum (ETH) Rate Acquiring Momentum As Bitcoin Strikes Fresh High
ETH price found support near the $164-165 area and bounced back against the US Dollar. The price broke the $168 and $169 resistance levels, and is currently gathering momentum. There is a breakout pattern forming with resistance at $172 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to break…
Ethereum Spikes 12% in Hours as Report Recommends CFTC is Ready For ETH Futures
Ethereum has been in the doldrums lately. Bitcoin has made all the moves generally lifting crypto markets and increasing its own dominance largely at the expense of the higher cap altcoins such as Ethereum and XRP. That all changed today when ETH finally got some good fundamentals to send it surging 12 percent. CTFC Ready…
Ethereum (ETH) Rate Smashes Resistance: Bulls Considering $200?
ETH price rebounded nicely after testing the key $160 support area against the US Dollar. The price climbed higher sharply and broke the $165, $168 and $170 resistance levels. There was a break above a contracting triangle with resistance near $162 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded to…
Ethereum (ETH) Cost Eyes Larger Upward Move: Can Bulls Make It?
ETH price started a steady rise above the $158 and $160 resistance levels against the US Dollar. The price traded above the $165 level and recently corrected lower below $165. There is a major contracting triangle in place with resistance near $167 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is…
Elon and Amazon Offer Ethereum Approval, Why is ETH Still Bearish?
All attention has been focused on Bitcoin recently as it has led crypto markets off the bottom and back into bullish territory. Ethereum has been lack luster to say the least with very little movement in prices and certainly nothing to match other crypto assets. That could all change with an endorsement from Amazon which…
Ethereum (ETH) Cost Is Reluctant However Additional Gains Seem Likely
ETH price started a downside correction after tagging the $163 level against the US Dollar. The price remains supported on the downside near the $157 and $156 levels. There is a declining channel in place with resistance near the $160 level on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely…