Crypto market volume reaches yearly high; Tezos pumping, Ethereum, Cardano and NEO moving up. Levels are holding on crypto markets as we start the weekend. There has been no major sell offs and total market capitalization remains above $140 billion, bouncing off a new weekly high a couple of hours ago. Bitcoin hit a monthly…
ETH price extended upsides and gained bullish momentum above the $140 resistance against the US Dollar. The price even broke the $144 level and traded close to the $146 level before correcting lower. There is a key connecting bullish trend line formed with support above $143 on the hourly chart of ETH/USD (data feed via…
In a free and unregulated market, it is only natural that competition will emerge, and proponents of free markets believe that this competition helps to propel platforms forward, while simultaneously providing investors with multiple investment options to choose from. Ethereum, which is widely hailed as one of the most popular open-source blockchain platforms was long…
Last year, the narrative was that institutional money was going to wrest cryptocurrencies from bears’ grasps. This year, it seems that investors are latching onto the impending Bitcoin (BTC) block reward reduction (halving), which will reduce natural selling pressure on the crypto market. A leading analyst claims that the auspicious event, slated to occur in…
ETH price started a solid upward move and traded above the $138 resistance against the US Dollar. The price tested the $140 resistance and it seems like there could be more gains. There is an ascending channel in place with support at $138 on the hourly chart of ETH/USD (data feed via Kraken). The pair…
Ethereum prices up four percent in the last day Justin—Vitalik rivalry continues Volumes low despite today’s revival In response to Vitalik previous comments, Justin Sun now says they shall build a monument when Tron succeeds. Meanwhile, Tron is up four percent in the last day, bouncing off $135. Ethereum Price Analysis Fundamentals Vitalik and Justin…
A number of industry rating platforms have emerged for crypto assets over the past year or so. China has its own ranking system which largely favours home grown projects and the west has Weiss which claims to be the only financial rating agency that provides grades on cryptocurrencies. XRP and EOS Top of the Pile…
ETH price failed to climb above the $137 resistance and declined later against the US Dollar. The price declined heavily and broke the $134 and $132 support levels. Yesterday’s highlighted key bearish trend line is active with resistance at $135 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently correcting…
It takes an average of $7 million every day to secure the Bitcoin blockchain network, according to Messari. The cryptocurrency data portal published a new screener this Monday which outlined the revenues paid to miners for top proof-of-work coins. The Screener based its figures on new issuance and transaction fees, eventually finding that Bitcoin produced…
ETH price declined recently, but it found a strong support above $132 against the US Dollar. The price recovered and it is now facing a solid resistance near the $137-138 zone. There is a major breakout pattern formed with resistance at $138 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is…