The crypto market has been struggling for nearly two full years now to return to all-time high peak prices set back at the height of the crypto bull run, when Bitcoin reached $20,000 and became a household name and altcoins like Ethereum made investors filthy rich. During that time, Ethereum exploded to over $1,400 per…
Ethereum is currently correcting higher from the $132 low against the US Dollar. Bitcoin price is also recovering and it is now trading above the $7,000 level. Yesterday’s major bearish trend line was breached with resistance near $145 on the hourly chart of ETH/USD (data feed via Kraken). The price is likely to correct further…
Ethereum is declining and it recently failed to recover above the $155 resistance against the US Dollar. Bitcoin price is now trading well below the $7,000 level and tested the final $6,500 bearish target. There is a key bearish trend line forming with resistance near $147 on the hourly chart of ETH/USD (data feed via…
ETH price is down more than $30 in the past few days against the US Dollar. The price even spiked below $150 and it is currently correcting higher. There is a major breakout pattern forming with resistance near $152 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is struggling to correct…
Ethereum has had the week from hell. Despite solid fundamentals and a growing decentralized finance ecosystem, the world’s second largest crypto asset has dumped 20% since Monday. A major upgrade is imminent for the ETH network but can it revive prices? Ethereum Istanbul Imminent The eighth hard fork for the Ethereum blockchain is upon us…
Ethereum (ETH) has been incurring significant selling pressure over the past couple of weeks, mirroring the bearish price action that Bitcoin has been facing in the time since it plummeted from its recent highs of $10,600. Analysts are now noting that Ethereum may be positioned for significantly further losses in the near-term, with one analyst…
The crypto market this morning is a sea of red, following a massive breakdown by the leading cryptocurrency by market cap, Bitcoin. The market leader breaking down has led to as much as 10% declines across the board in most altcoins, including Ethereum, EOS, Binance Coin, and many others. Is this time to buy the…
It has been a grim end to the week for Ethereum. The world’s number two crypto asset has held up resiliently for most of this month while Bitcoin has been eroded. That resilience ended a few hours ago when ETH prices collapsed by 9 percent. Ethereum Crashes 9% Ethereum has spent the best part of…
The store of value narrative has largely been applied to Bitcoin over the past couple of years. BTC is often labeled ‘digital gold’ and this year’s hodling has proved that people are still willing to hold on to it for a longer term. Ethereum is evolving in a different way but it is also turning…
Ethereum’s price action has been closely tracking that of Bitcoin over the past several days and weeks, which has allowed ETH to climb slightly today as it begins consolidating within the mid-$180 region. One prominent analyst is now noting that he anticipates ETH to see an upside break in the near-term, which could lead it…