While Bitcoin is stalling under the key $9,500-9,600 resistance level, Ethereum has rocketed higher.The asset, according to TradingView.com, is up 10% over the past 24 hours. ETH is currently pushing $244, the highest price since early March.For some context, Bitcoin is up a mere 1% in the past 24 hours. Also, a majority of altcoins…
It’s been a quiet past few days for Ethereum and the rest of the crypto market.After last week’s correction, prices have settled. ETH is trading about 10% lower than its May highs, which is about the same performance assets like Bitcoin.Analysts have begun to bet that second-largest cryptocurrency is primed to see some upside as…
It’s been a rocky past few days for Bitcoin, Ethereum, and other top cryptocurrencies. From the monthly highs against the dollar, most digital assets are down 10%.But when measuring the performance of some cryptocurrencies against Bitcoin, some investments are outperforming. Ethereum is a perfect case in point, which has rallied 10% against BTC over the…
Despite the ongoing retracement in the prices of Bitcoin, Ethereum, and other top cryptocurrencies, investors remain highly optimistic about this market. ETH, especially, has benefited from traders, with data from leading crypto exchange Bitfinex indicating that there are more long positions open for Ethereum than ever before.“What. Is. Happening. 2.2% of all ETH in existence…
Like the rest of the crypto market, Ethereum, too, has performed extremely well over the past hour. The second-largest cryptocurrency, which traded around $183 for most of Wednesday, surged as high as $195 just minutes ago on the back of a short squeeze in the Bitcoin derivatives market, which pushed the asset up nearly 10%…
Although Bitcoin normally leads the crypto market, Ethereum has outperformed almost all other digital assets over the past few days. As of the time of this article’s writing, the cryptocurrency trades at $182, up 7% in the past 24 hours and up 24% since the lows of the week near $147.From the bottom seen during…
The crypto market has fallen off hard over the past few days. Ethereum, especially, has been hit hard. Since the highs at $177, the cryptocurrency has fallen as low as $150, sustaining a 15% drop.Key technical and fundamental factors, however, suggest that ETH will soon mount a strong comeback.#1: Ethereum Closed Above a Key TrendlineWhile…
Now up nearly 100% from the “Black Thursday” bottom, Ethereum remains approximately 90% below its all-time high established at the start of 2018 at $1,400. For some reason, the market doesn’t see as much relative value in the cryptocurrency as they did at the all-time high, when you could put ten ETH had the same…
Ethereum is trading in a contracting range below the $175 resistance against the US Dollar. ETH price seems to be setting up for the next move either above $200 or towards $152.Ethereum is facing a strong resistance near the $172 and $175 levels.The 100 hourly simple moving average at $165 is likely to act as…
Bitcoin’s and Ethereum’s strong surge to kick off 2020 has caught many traders aback. Case in point: each leg higher in the price of BTC during January and February was marked by dozens of millions of dollars worth of short liquidations on margin trading platforms like BitMEX.While the majority seem to have been caught off…