Following the crypto market’s recent stability, Bitcoin has now led the markets down and has erased all the gains it incurred this past weekend. Today’s drop has led many altcoins to drop more than 10%, and the markets are showing few signs of finding any major support around their current price levels. It is important…
Key Highlights ETH price traded in a range above the $146 support area against the US Dollar. There are two major bearish trend lines formed with resistance at $152 and $154 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline below the $146 support if buyers struggle to push the…
Since the Ethereum Constantinople’s activation date was confirmed, a mass of leading crypto researchers, analysts, and commentators have claimed that the pertinent blockchain upgrade is a net positive for this industry. However, a deep-dive, research-backed exposé from an industry insider has gone against popular belief, claiming that Constantinople “couldn’t come at a worse time.” Constantinople…
Key Highlights · ETH price failed to stay above the $155 support and declined recently against the US Dollar. · Yesterday’s highlighted key bullish trend line was breached with support at $150 on the hourly chart of ETH/USD (data feed via Kraken). · The pair may continue to correct lower towards the $144 or $139…
The cryptocurrency markets have been able to maintain their upwards momentum and Bitcoin has now broken above its resistance level that was previously set around $3,900. Bitcoin’s upwards move has sent the overall markets surging. Although Bitcoin is showing signs of increasing buying pressure, many altcoins have not yet been able to break above their resistance…
Following yesterday’s market surge most cryptocurrencies have continued to rise, and Bitcoin has now surged above $4,000. Whether or not the markets can extend their upwards momentum long-term is very important for reversing the persisting bear market. The past few months have been especially tumultuous for the markets with most cryptocurrencies setting fresh 2018 lows.…
Although the crypto market has stagnated, the startups driving the blockchain boat have continued to forge ahead with their efforts. Reports indicate that ConsenSys, a key participant in the nascent Ethereum ecosystem, has partnered with a leading American multinational semiconductor conglomerate to produce blockchain-friendly hardware and software. AMD And Blockchain Group ConsenSys Join Hands On…
Key Highlights ETH price remained in a solid uptrend and it could trade above $170 and $180 against the US Dollar. There is a crucial bullish trend line formed with support at $148 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair could resume its upward move and it may soon clear…
Following a period of choppy trading in the crypto markets, it now appears that the bulls have at least temporarily gained the upper hand over bears, causing multiple altcoins to surge. Ethereum is one altcoin that is performing quite well today, primarily because of its upcoming Constantinople fork. Although today’s positive price action in the…
The depths of a bear market has not quelled the appetite for blockchain gaming as the nascent industry comes along leaps and bounds. Ethereum was once the only platform for gaming dApps but Tron is rapidly catching up. EtherGoo Heads to Tron Ever since the CryptoKitties craze took over Ethereum’s blockchain back in early December…