The Altcoin Index Perpetual Futures broke out of a major resistance level in the past week, which may indicate that due to the strong momentum in the crypto market, major altcoins are in a prime position to sustain their upward movement.$ALT perp:Breakout ✅Retest ✅Consolidation ✅Continuation ✅ pic.twitter.com/V3Q3Kv9fwy— The Crypto Monk ⛩ (@thecryptomonk) January 14, 2020After…
Ethereum is gaining bullish momentum above the $145 resistance versus the US Dollar. ETH is likely to surge above the $148 and $150 resistance levels, while bitcoin already broke the key $8,400 resistance.Ether price is showing a lot of positive signs above the $142 and $145 levels against the US Dollar.It is currently trading near…
Ethereum has been closely tracking Bitcoin’s volatile price action as of late, which head led ETH to gain a firm position within the $140 region. The cryptocurrency’s bulls have shown signs of growing vitality over the past several days, which comes as the altcoin market begins flashing hints of having immensely bullish near-term potential.It is…
Over the past two days, Bitcoin, Ethereum, and the rest of the cryptocurrency market have shot higher, retaking key price levels after an 8% correction that brought BTC as low as $7,700. Analysts say that this move is a precursor to strong price action in BTC and ETH.Related Reading: Why Bitcoin Investors’ HODL Mentality Means a…
Ethereum defied gravity and trading with a bullish bias above $135 against the US Dollar, similar to bitcoin. ETH price is likely to continue higher above the $150 level.ETH price remains well supported above the $135 and $138 levels against the US Dollar.The price is showing positive signs and likely to surge above the $150…
Ethereum has been closely tracking Bitcoin’s price action over the past several days, which has led it to incur heightened volatility that has generally favored ETH’s buyers. The crypto has now been able to reclaim its position within the $140 region, which comes after its bulls defended a key support region.Analysts are now noting that…
While cryptocurrencies are still far below where they were at the end of 2017, analysts are getting bullish on Ethereum, Bitcoin, and other digital assets. The bull case for ETH, at least, was proven just recently with a metric suggesting that the network has seen rampant growth over recent months, which is likely to wrest…
Ethereum extended its decline below the $140 support versus the US Dollar, while bitcoin dived below $8,000. ETH bulls must protect the $135 support to start a decent recovery.Ether price failed to recover and declined further below $140 against the US Dollar.The price is currently approaching the main $135 support and pivot area.There is a…
Binance released its report on decentralized finance applications (a trend most often affiliated with Ethereum) yesterday, highlighting the continued growth of the DeFi ecosystem; according to a Tweet by @CryptoWolf, as Ethereum locked in DeFi continues to rise, the price of the coin will rise in conjunction. Defi Built on Ethereum Malta-based crypto-exchange Binance published…
Based on the number of unique addresses created daily, which indicates the rate of growth of Ethereum, the network is demonstrating mid-2019 levels. Yet, the price of ETH is down by nearly two-fold since then.In June 2019, the price of Ethereum was hovering at around $300. And at the time, its network growth was ranging…