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…
Key Highlights ETH price failed to recover above the $90 resistance and declined recently against the US Dollar. There is a new connecting bearish trend line formed with resistance at $89 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to decline further below the $83 and $80 support levels…
Key Highlights ETH price failed to hold the key $88 support and declined recently against the US Dollar. Yesterday’s highlighted major contracting triangle was breached with support at $88 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to decline further and upsides remain capped near the $90 and $92…
The cryptocurrency markets posted slight gains over the weekend and have recovered slightly from last week’s dip that sent most cryptocurrencies, including Bitcoin, to fresh yearly lows. Despite the current price action being seen as capitulation by some investors, one analyst claims that the crypto bear market is still far from over. At the time…
Key Highlights ETH price recovered recently, but it faced sellers near the $98 level against the US Dollar. There is a crucial contracting triangle formed with support at $88 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to trade in a range below $98 before the next move either…