Key Highlights ETH price traded towards the $147 level and later corrected lower against the US Dollar. There is a short term bearish trend line formed with resistance at $138 on the hourly chart of ETH/USD (data feed via Kraken). The pair likely to break the $138 and $140 resistance levels to start a fresh…
Although Ethereum is one of the most well-recognized projects in this budding industry, it has undoubtedly gained notoriety in some circles of the cryptocurrency industry. While many have kept their apprehension self-contained, one gritty cynic took to Twitter to speak his mind, claiming that ETH is best kept a “science experiment.” Yet, Vitalik Buterin, arguably…
The recent market volatility has resulted in constant shifting of the order of the top ten cryptocurrencies by market capitalization. Naturally Bitcoin remains at the head of the digital table but the battle for second place is heating up again. Market Cap Gap Under $1 Billion Ethereum’s recent recovery has outpaced that of XRP enabling…
Crypto markets retreat after yesterday’s gains; Bitcoin Cash sliding back, Ethereum holding ground. Another day, another pullback. Yesterday’s big $10 billion pump could not be sustained and markets have retreated again this Sunday. Total capitalization has sunk back below $130 billion as crypto assets fail to maintain momentum over the weekend. Bitcoin hit an intraday…
Key Highlights ETH price started a major upward move after forming a low at $112.80 against the US Dollar. There was a break above a major bearish trend line with resistance at $122 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is now placed in a positive zone, but it is…
Crypto markets rebound again; Ethereum and Bitcoin Cash surging, EOS and Litecoin following. The volatility appears to be creeping back into crypto markets with a dump one day followed by a pump the next. Since Christmas day markets have been sliding back but a bounce a few hours ago has injected $10 billion back into…
Following yesterday’s drop in the crypto markets, most cryptocurrencies have recovered some of their losses and are trading up over a 24-hour trading period. The traditional equities market, which has seen increased volatility over the past several weeks, is currently trading flat and one prominent investor believes further instability could be right around the corner.…
Key Highlights ETH price failed to stay above the $121 support and declined further against the US Dollar. Yesterday’s key bearish trend line is intact with resistance at $128 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct higher in the short term, but it is likely to face sellers…
Key Highlights ETH price recovered a few points, but it failed to clear the $130 and $131 resistances against the US Dollar. There is a major bearish trend line in place with resistance at $130 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to struggle near $130 and it…
Earlier this week, the crypto markets rose slightly and were able to regain much of their recent losses. This relatively small pump got many investors who viewed it as the “Christmas rally” excited for what was to come, although the bears pushed the markets back down on December 24th. Following this drop, the overall markets…