Saturday, so far, has been a relatively neutral day for the cryptocurrency market. Bitcoin, Ethereum, and a majority of other large caps saw effectively zero losses or gains on the day, while trading volumes across the board tanked. Related Reading: Crypto Tidbits: Fidelity Expands Bitcoin Ops, Ripple’s XRP Sales Fall, Grayscale Sees Growing Altcoin Demand…
Ethereum has plummeted lower today concurrently with Bitcoin’s drop below $8,000, which points to an underlying bearishness for the aggregated crypto market and may mean that significantly further losses are in store for ETH before it is able to find support and climb higher. One analyst is now noting that Ethereum is caught in a…
Ethereum price struggled to climb above the $185 resistance and declined recently against the US Dollar. Bitcoin price is also facing selling interest and it is now trading below the $8,200 support area. There is a new connecting bearish trend line forming with resistance near $181 on the hourly chart of ETH/USD (data feed via…
Ethereum price climbed above the key $185 resistance area against the US Dollar. Bitcoin price is still struggling to recover and is facing a strong resistance near $8,400. There was a break above a major bearish trend line with resistance near $183 on the hourly chart of ETH/USD (data feed via Kraken). The pair is…
Ethereum price is currently consolidating losses above the key $175 support area against the US Dollar. Bitcoin price is struggling to hold the key $8,250 and $8,200 support levels. There is a key bearish trend line forming with resistance near $184 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely…
Ethereum and the aggregated crypto markets have been able to incur some tempered bullishness today after facing notable selling pressure over the past couple of days, but analysts are still weary of where ETH and other altcoins will head in the near-term. Importantly, one prominent analyst is noting that Ethereum has failed to break above…
ETH price started a sharp downside correction after trading as high as $198 against the US Dollar. The price is currently holding an important support area near the $180 level. There was a break below a major bullish trend line with support near $188 on the 4-hours chart of ETH/USD (data feed via Kraken). The…
Ethereum’s recently incurred upwards momentum has faltered after Bitcoin and the aggregated crypto markets hit a massive level of resistance overnight that shifted the tides and sparked a short-term downtrend. Multiple analysts are now noting that Ethereum may soon target significantly lower lows, which could mean that the recent uptrend was simply a flash in…
Ethereum surged yesterday and front-ran the jump that occurred in the aggregated crypto markets, with this latest price action marking an extension of the upwards momentum that was incurred earlier this week when ETH and multiple other altcoins posted significant gains. Ethereum’s recent price action may have further bolstered its newfound bullishness, which could mean…
The adoption and widespread use by the mainstream public are vital for crypto and Bitcoin to eventually reach its full potential. Acceptance from global government entities is nearly as important, as they wield the power to prevent the asset class from developing further. However, a recent nod of support has arrived from the United Nations,…