Ethereum is trading nicely above the $192 and $200 support levels against the US Dollar. ETH price could start a strong rally if it clears the $210 and $215 resistance levels.ETH price is showing positive signs above $200 pivot level against the US Dollar.A strong support base is forming above $205 and the 100 simple…
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…
Ethereum has been able to maintain its position above $200 despite facing some intense selling pressure earlier this week.The cryptocurrency is now attempting to generate some upwards momentum as it fast approaches a key resistance level.Traders do anticipate this level to be surmounted in the days ahead, as its technical outlook has been bolstered by…
Another week, another round of Crypto Tidbits. Bitcoin has seen quite the tumultuous week.After rallying towards $10,000 at the start of the week on the back of post-halving buying, seemingly caused by both retail and institutional players, Bitcoin plunged to $8,800 over the course of two days. Altcoins posted similar losses, with some underperforming the market…
Ethereum nosedived below the $202 support zone against the US Dollar. ETH price revisited the $192 support and it seems like there is a key double bottom pattern forming near $192.Ethereum declined more than 5% and it tested the main $192 support zone.It seems like there is a double pattern forming near the $191-$192 zone.There…
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…
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 reacted to the downside after it failed to clear the $215 resistance against the US Dollar. ETH price is currently showing bearish signs and it could decline to $200 or $192.Ethereum is slowly moving lower and now trading well below the $215 resistance.The price is struggling to stay above $210 and the 100 hourly…
Crypto analysts use different tactics to try and predict future price movements in Bitcoin and altcoins. Due to the speculative nature of the emerging asset class, the study of emotion-driven impulses and corrections – called Elliott Wave Theory – can be particularly insightful.According to one crypto analyst that focuses solely on the practice of Elliott…
Argent, a non-custodial Ethereum mobile wallet, has officially come out of beta and is now available for both iOS and Android users to download. The company wants to bring DeFi to the masses with its simple UX and an innovative approach to security.First Public Version of Argent Wallet Officially LaunchedArgent has launched the first public…