The imminent launch of Ethereum 2.0 has long drawn the attention of cryptocurrency investors.Many investors have speculated that the blockchain’s transition to a Proof-of-Stake (PoS) consensus system will help onboard new investors due to its steaking incentives.It is also widely anticipated that the 2.0 version of the blockchain will help the cryptocurrency fix its scalability…
Ethereum could be well positioned to see some notable upside in the days and weeks ahead, despite its overt signs of weakness caused by its recent decline to the sub-$200 region.Analysts are now noting that its market structure still favors buyers so long as it maintains above $185, and that a continued defense of this…
Ethereum has seen a slight climb higher that has allowed it to surmount the $200 region. This momentum has been primarily rooted in that seen by Bitcoin, which tapped $10,000 overnight before seeing a slight decline that led it to $9,600.Although ETH has underperformed Bitcoin today, it is important to note that its climb above…
Ethereum’s price has been hovering around the lower $190 region in the time following its latest selloff that sent it to lows of $180.The second-largest cryptocurrency by market cap has been severely underperforming Bitcoin in recent times and has virtually erased all of the gains that came about as the result of its recent push…
Ethereum has been significantly underperforming Bitcoin in recent times. While the benchmark cryptocurrency is currently hovering around its multi-month highs, ETH is still trading significantly below where it was just over a week ago.This weakness against BTC is showing some tempered signs of degrading, however, as buyers were able to firmly defend the crypto’s key…
Bitcoin price just touched over $9,500, while altcoins have set new lows on their BTC trading pairs.Amidst the crypto confusion, a highly reliable indicator just gave a mixed bag of signals that has only added to the usual state of the cryptocurrency market.Crypto Market Assets Appear to Be Deviating in Correlation CycleThe crypto market is…
Ethereum has seen some immense bullishness today against Bitcoin, with the cryptocurrency firmly outperforming its peers as its buyers vie to shatter the resistance that has been firmly established around $198.This latest upside movement comes close on the heels of ETH’s recent rejection at this level, and its ability to rally while BTC consolidates seems…
Ethereum, like most of its peers, has incurred a slight amount of selling pressure today that has led it to decline from highs of just under $200 that were set yesterday. This tempered move lower comes as the crypto is caught within a firm mid-term uptrend.It does appear that this uptrend may be short-lived, however,…
Ethereum has been able to climb all the back up to its local highs of $190 as its upwards momentum continues to build. This movement has come about after Bitcoin was able to gain a solid foothold above $7,500.Today’s upswing has marked an extension of the rally that Ethereum has been caught within in the…
After a short bout of bearishness that led Ethereum to retrace nearly all of the gains that were incurred as the result of its recent rally, the cryptocurrency has now been able to post a notable technical breakout.This breakout appears to be catalyzing significant momentum for the cryptocurrency and has even allowed it to lead…