ETH price declined recently below $120 and tested the key $112 support area against the US Dollar. Yesterday’s highlighted important bearish trend line is intact with resistance at $118 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently consolidating below the $118 and $120 resistance, with a few positive moves.…
ETH price faced a strong resistance near the $127 and $128 levels recently against the US Dollar. There is a major bearish trend line formed with resistance at $125 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair must break the $125, $127 and $128 resistance levels to move into a positive…
The crypto markets are in the process of wrapping up a volatile week on a positive note, as virtually all major altcoins have surged today after Bitcoin jumped nearly 3% into the mid-$3,700 price region. Although Bitcoin is currently leading the markets, if it is able to stabilize at, or above, its current price levels,…
Earlier this week, the highly-anticipated Ethereum (ETH) hard fork event – dubbed Constantinople – was delayed just one day before its scheduled event time due to the discovery of a significant security vulnerability that, if it were to have been implemented, would have allowed nefarious actors to steal user’s funds. On a conference call this…
Coming off of a relatively volatile week, the cryptocurrency markets are currently seeing a bout of sideways trading, with Bitcoin steady in the $3,650 region and most altcoins trading sideways. It is important to note that Bitcoin is still respecting the $3,500 region as a level of support, but its lack of buying pressure signals…
Ethereum Price finds support above $120 Analysts say Ethereum Futures are complicated Transaction volumes low, ETH/USD ranging Even without Constantinople, prices are steady, and although it may be months or even years before ETH Futures gain traction, bulls are vibrant. At spot rates, there is a demand for ETH and prices might soar to $170…
The biggest thing on the launch pad this year is the Bakkt crypto exchange which is currently in a holding pattern while US government employees twiddle their thumbs during Trump’s shutdown. Several other contenders are hopeful about Ethereum futures but according to one crypto exchange boss they are unlikely to be seen soon. Regulatory Concerns…
Bitcoin is currently trading sideways, which is leading the crypto markets to experience a mixed trading session following yesterday’s volatility. Ethereum is currently one of the worst performing altcoins as it has failed to post a strong recovery following yesterday’s drop that was caused by its highly-anticipated Constantinople hard fork being delayed. Although the crypto markets…
Ethereum Core developers announced on Tuesday that they would postpone their much-awaited Constantinople hard fork. The team, which has previously settled January 16 as the official date for the Ethereum blockchain upgrade, decided to delay it after ChainSecurity found potential vulnerabilities in the code. The Switzerland-based blockchain audit firm said that Constantinople would enable “reentrancy…
Crypto markets fall back again marginally, Ethereum in pain on hard fork delays, Tron and Maker following. Yesterday’s minor recovery fizzled out as quickly as it began and crypto markets are retreating again. Total market capitalization is just above $120 billion and further drops are looking likely. Bitcoin has found a new short term resistance…