As the price of Bitcoin (BTC) and other crypto assets have boomed, so have the underlying fundamentals of this embryonic space. Reports have revealed that Ethereum (ETH) may soon transition to the early stages of Proof of Stake (PoS) integration, ensuring scalability is on its way. Ethereum Phase Zero Could Be Finalized In June In…
ETH price started a steady rise above the $158 and $160 resistance levels against the US Dollar. The price traded above the $165 level and recently corrected lower below $165. There is a major contracting triangle in place with resistance near $167 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is…
Crypto markets surged in April, Bitcoin, Bitcoin Cash and Binance Coin the winners, XRP, Stellar and Bitcoin SV the losers. April was the third month in a row to see gains on cryptocurrency markets. Not only did they gain, they surged by a whopping 16.5 percent adding $24 billion to total market capitalization. April 2018…
All attention has been focused on Bitcoin recently as it has led crypto markets off the bottom and back into bullish territory. Ethereum has been lack luster to say the least with very little movement in prices and certainly nothing to match other crypto assets. That could all change with an endorsement from Amazon which…
ETH price started a downside correction after tagging the $163 level against the US Dollar. The price remains supported on the downside near the $157 and $156 levels. There is a declining channel in place with resistance near the $160 level on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely…
ETH price formed a support base near the $150 level and recently recovered higher against the US Dollar. The price climbed above the $155 and $158 resistance levels to move into a positive zone. There is a connecting bullish trend line forming with support near $158 on the hourly chart of ETH/USD (data feed via…
ETH price seems to be forming a decent support near the $150 level against the US Dollar. The price corrected higher and traded above the $154 resistance level. There was a break above a connecting bearish trend line with resistance near $152 on the hourly chart of ETH/USD (data feed via Kraken). The pair could…
ETH price declined heavily this past week and broke the $166 and $160 supports against the US Dollar. The price even broke the $155 support level and traded close to the $146 level. There is a crucial bearish trend line formed with resistance at $172 on the 4-hours chart of ETH/USD (data feed via Kraken).…
As the digital dust begins to settle from the Bitfinex and Tether fiasco analysts are looking for clues as to where Bitcoin prices could be heading next. Many have viewed the recent events as bearish and the instant reaction of crypto markets on Friday coupled with the media FUD storm appear to have confirmed it.…
ETH price failed to stay above the $158 and the $160 support levels against the US Dollar. Tether drama sparked a strong declined below the $155 and $150 support levels. Yesterday’s highlighted key bearish trend line is intact with resistance near $162 on the hourly chart of ETH/USD (data feed via Kraken). The pair is…