ETH price extended gains and traded above the $118 and $120 resistance levels against the US Dollar. There was a break above a major bearish trend line with resistance near $117 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded towards the $125 resistance and later corrected lower towards $120. Ethereum…
ETH price formed a solid support at $100 and started a strong uptrend against the US Dollar. There was a break above a crucial bearish trend line with resistance at $104 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair traded as high as $122 and it is currently consolidating gains with…
The story of the Canadian cryptocurrency exchange CEO who supposedly passed away without disclosing details of how to access the trading venue’s cold storage continues to get deeper the more that emerges about it. Research now suggests that QuadrigaCX never had the amount of Ether claimed in this week’s court hearing. Several aspects of the…
The cryptocurrency markets are currently experiencing a relatively involatile day, with most major cryptos trading up or down marginally. Because Bitcoin has held support at $3,400, most cryptocurrencies, like Ethereum (ETH), are resting at, or slightly above, their support levels, which is leading many traders to express increased caution in entering any longs positions. Despite…
The top cryptocurrencies by market capitalization is an ever shifting list as new winners emerge to usurp yesterday’s champions. Another market dump appears to have initialized shaking up the order of things in this crypto chart once again today. Ripple Extending Lead, BNB Surging, Cardano and Stellar Sliding Ethereum has suffered heavier losses than its…
As Bitcoin continues to trade within its recently established range between $3,400 and $3,500, the markets have been trading sideways, with major cryptocurrencies like Ethereum (ETH) trading flat, as other cryptocurrencies, like Litecoin (LTC), have seen some relatively large price gains. Although the markets have been quiet as of late, analysts are pointing to developing…
According to a post from the official MyEtherWallet’s Twitter account, reports suggest that users of the popular Ethereum network interface have been targeted by a phishing email. The fraudulent correspondence requests users give up personal information that could put their crypto holdings at risk of theft. The email details a supposed security breach that occurred…
ETH price recovered a few points, but it is facing a lot of hurdles near $114 against the US Dollar. There was a break above a major bearish trend line with resistance at $107 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to accelerate higher if it succeeds in…
The crypto markets have started the weekend off with a mixed trading session as Bitcoin continues to trade sideways at its current price level of $3,475. Although the markets have remained stable around their current price levels, some major cryptos, including Litecoin and Ethereum, may soon see upwards price surges. Although these cryptocurrencies may be…
ETH price failed to hold gains above the $105 level and declined sharply against the US Dollar. There was a break below a major bullish trend line with support at $105 on the hourly chart of ETH/USD (data feed via Kraken). The pair might correct higher in the short term, but the $106 and $107…