2019 proved to be a positive year for the aggregated cryptocurrency markets, with Bitcoin posting a stunning surge of nearly 100%, while altcoins had mixed performance, with Ethereum (ETH) dropping marginally while XRP posted a massive 45% drop.Analysts are now noting that Ethereum could be on the cusp of seeing significantly further gains, with the…
Price-wise, Ethereum hasn’t had the best of years. The second-largest cryptocurrency, according to an analysis by Bitcoin educator Jimmy Song, has lost 18% against the U.S. dollar year to date, which comes in stark contrast to Bitcoin’s approximately 85% gains in 2019.Related Reading: Why Prominent Crypto Analyst Believes XRP’s Trajectory is PositiveWhile Ether’s performance has been harrowing…
After reclaiming the $130 level earlier this past week, Ethereum (ETH) is currently struggling to hold above this level as bears attempt to take full control of the aggregated cryptocurrency markets.It is important to note that ETH’s current bearishness could cut deeper in the near-term, but analysts are noting that the cryptocurrency’s current price action…
Ethereum is down around 4% from the $138 high and tested the $130 support against the US Dollar.The price is currently consolidating above the $130 support, with a few bearish signs.There is a connecting bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin failed to stay…
Despite the lackluster price action seen by Bitcoin over the past several days, Ethereum (ETH) has been able to climb back above its previous resistance level at $130 and find some decent buying pressure at this price region, which has come about after an extended period of trading sideways just above its key support level…
Take one look at Bitcoin’s chart and you would assume that Ethereum, XRP, and all the rest have had a great 2019 too, but you would be sorely mistaken in saying that. Per previous reports from NewsBTC, since earlier this month, the price of ETH is actually down in 2019, which comes in stark contrast…
Ethereum is up more than 5% and it broke the $130 and $132 resistance levels against the US Dollar.The price is currently consolidating near the $135 level, with a positive bias.There is a key bullish trend line forming with support near $131 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin also surged above…
The precarious nature of Bitcoin’s recent price action does not lend itself to helping generate bullish price action amongst major altcoins, but one prominent analyst is noting that he believes Ethereum, XRP, and Bitcoin Cash are all decently positioned to see further upside against their USD trading pairs in the near-term.Other analysts concur with this…
Altcoins have once again started to fall off, with Ethereum and XRP both plunging amid Bitcoin’s latest bout of volatility. According to an analyst going by Mac, it may soon get worse for the altcoin class.He remarked in a recent tweet that he expects for both altcoins as a class and Ethereum to fall by…
Ethereum is still trading above the $122 and $125 support levels against the US Dollar.The price could start a decent increase above the $128 and $130 resistance levels.This week’s major bearish trend line was breached with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin spiked above $7,300, but it failed…