Ethereum has been in the doldrums lately. Bitcoin has made all the moves generally lifting crypto markets and increasing its own dominance largely at the expense of the higher cap altcoins such as Ethereum and XRP. That all changed today when ETH finally got some good fundamentals to send it surging 12 percent. CTFC Ready…
ETH price rebounded nicely after testing the key $160 support area against the US Dollar. The price climbed higher sharply and broke the $165, $168 and $170 resistance levels. There was a break above a contracting triangle with resistance near $162 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded to…
Crypto markets surge to new yearly highs; Bitcoin and Ethereum commanding things, Litecoin, EOS, Tezos and Cosmos all making. Momentum has been pretty monumental over the past twelve hours or so in crypto markets. The top two heavyweights have both surged pushing total market capitalization up to a new 2019 high just shy of $190…
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…