ETH price declined heavily and broke the $220 and $210 support levels against the US Dollar. The price is down around 15% and it even broke the $200 support area to move into a bearish zone. There is a key bearish trend line forming with resistance near $210 on the hourly chart of ETH/USD (data…
Ouch, Ethereum (ETH) isn’t looking too hot. In the past 24 hours, the cryptocurrency has lost 20%, while Bitcoin (BTC) has shed a relatively mere 10% in the same time frame. According to Three Arrows Capital’s Su Zhu, Monday’s performance was the “top single-day downward move” for Ethereum since January 1st of 2017 — youch.…
ETH price declined heavily below key supports against the US Dollar and bitcoin. The price broke the key $260, $230 and $222 support levels to register 20% losses. There was a break below a short term declining channel with support near $227 on the hourly chart of ETH/USD (data feed via Kraken). The pair is…
The aggregated crypto markets are currently bathing in a sea of red after Bitcoin failed to find support in the $11,000 region and plummeted nearly 10% towards $10,000. This drop led most major altcoins, including Ethereum (ETH), to reel lower today, with many cryptocurrencies trading down over 10%. Additionally, the recent plunge did lead Ethereum…
ETH price remained in a bearish zone after it settled below the $280 support against the US Dollar. The price declined heavily and recently tested the key support area near the $260 level. There is a crucial bearish trend line forming with resistance near $282 on the 4-hours chart of ETH/USD (data feed via Kraken).…
Ethereum (ETH) is down 3.2 percent Omar Reyes, a candidate vying for a Congress seat in Florida, wants to issue an Ethereum token Props, an ERC-20 token, is compliant with a key regulation. As a result, investors can have a financial stake in the issuing company following SEC qualification. As of the time of writing,…
ETH price failed to hold gains above the $310 level and recently declined heavily against the US Dollar. The price declined below the main $300 and $295 support levels to enter a bearish zone. There was a downside break below a contracting triangle with support at $308 on the hourly chart of ETH/USD (data feed…
Since the start of April 2019 when Bitcoin rallied over $1,000 in a matter of a few minutes, the first ever crypto asset has taken the market by storm, capturing the attention of all crypto traders, investors, and analysts – but at the expense of the altcoin market. While hope for an “alt season” has…
Binance Coin (BNB) flat-lining, down 3.1 percent Ethereum being sidelined, Binance delisting and shunning ETH trading pairs By rebranding and delisting PHX/ETH trading pairs, observers say Binance is deliberately sidelining Ethereum projects. Understandably, Binance following their mainnet launch is a competitor. At the time of writing, BNB is down 3.1 percent. Binance Coin Price Analysis…
ETH price is slowly moving higher and it recently broke the $310 resistance against the US Dollar. There are many supports on the downside near the $310 and $305 levels. There is a rising channel forming with support near $308 on the hourly chart of ETH/USD (data feed via Kraken). On the upside, the price…