Key Highlights ETH price declined heavily and traded as low as $184.5 against the US Dollar. There are two important bearish trend lines in place with resistance at $208 and $218 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may correct higher, but there are many hurdles near $207 and $212…
The cryptocurrency markets posted some slight gains on Friday after seeing a massive selloff on Thursday that sent many altcoins down by more than 10% and pushed Bitcoin to its range support at $6,200. At the time of writing, Bitcoin is trading up slightly on the 24-hour chart, with a current price of just over…
Vitalik Buterin, the co-founder of Ethereum (ETH), was accused of leading a scam involving Ethereum. The scam supposedly involved pre-mining that allowed him and Joe Lubin to steal 75% of ETH supply and turn them into billionaires. These accusations came from a New York University professor Nouriel Roubini. @VitalikButerin was the ring-leader – together with…
Key Highlights ETH price declined further and traded towards the $180 level against the US Dollar. There was a break below a key contracting triangle with support at $194 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded as low as $184.15 and it is currently correcting higher towards resistances. Ethereum…
Key Highlights ETH price failed to hold gains above $230 and $227, and declined against the US Dollar. Yesterday’s followed important ascending channel was broken with support at $226 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently under pressure and it seems like it could decline towards $222 or…
2018 has been a rocky year for Ethereum. The virtual currency’s price crossed $1400 in January, and it bottomed below $170 in September. Despite the significant price plunge, Ethereum continues to remain popular among developers, as it can be witnessed from the participation drawn by a hackathon in San Francisco. It was revealed that 1,000…
Key Highlights ETH price is holding the $220 support level very well against the US Dollar. There is a short-term connecting bearish trend line formed with resistance at $225 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $225, $228 and $230 resistance levels to gain momentum in the…
Key Highlights ETH price is currently trading in a broad range above the $210 support against the US Dollar. There is an ascending channel formed with support at $222 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair may decline in the short term towards the $214 and $210 support levels. Ethereum…
Key Highlights ETH price found support near the $213-214 zone after yesterday’s decline against the US Dollar. There was a break above a key bearish trend line with resistance at $221 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading with a positive bias above the $218 and $220…
Key Highlights ETH price remained in a tight range above the $222 and $223 support levels against the US Dollar. Yesterday’s highlighted key bullish trend line is intact with support at $224 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to climb higher slowly and it could even surpass…