Cryptocurrencies rallied Wednesday, led by gains in the Bitcoin and the Ethereum markets as traders pinned hopes on additional stimulus packages in the United States. The cost to purchase one Bitcoin shot past $36,000 while Ethereum’s native token Ether notched a new record high at $1,574. Other large-cap tokens, including Polkadot’s DOT, Litecoin’s LTC, and…
Ethereum broke the $1,450 resistance and surged above $1,500 against the US Dollar. ETH price traded to a new all-time high at $1,550 and it is likely to continue higher. Ethereum is up over 10% and it broke many hurdles near $1,450 and $1,500. The price is now trading nicely above $1,500 and the 100…
Ethereum has seen some strong momentum throughout the past few days, with buyers taking control as its price now hovers firmly above $1,400 The selling pressure in this price region has been dissipating with each visit, signaling that bulls could be on the cusp of sparking a breakout rally Where the market trends in the…
Ethereum rose on Tuesday, partially because of its positive correlation with Bitcoin, the top cryptocurrency that also notched gains, and partially because the Chicago Mercantile Exchange will offer Ethereum Futures effectively from February 8, 2021. Trades flocked into the second-largest cryptocurrency during the early European session, pushing its prices against the US dollar up by…
Ethereum struggled to clear the $1,400 resistance and declined to $1,275 against the US Dollar. ETH price is struggling, but it could recover once there is a clear break above $1,350. Ethereum topped near the $1,375 level before dropping back to $1,275. The price is now trading below the $1,350 pivot level and the 100…
Ethereum remains in a range above the $1,300 support against the US Dollar. ETH price is likely to gain momentum above $1,400 and $1,450 resistance levels in the near term. ETH price traded as high as $1,438 and before it corrected lower against the US Dollar. The price is consolidating above the $1,320 support level…
Ethereum has been largely tracking Bitcoin’s price action as of late, but its swings have been far more tempered as it hovers within the $1,300 region The cryptocurrency has been showing some signs of strength, with bulls ardently absorbing all the intense sell pressure it has faced in recent times This indicates that there’s a…
Ethereum saw a massive breakout rally today that came about alongside Bitcoin BTC’s surge from $32,000 to highs of $38,500 came about as the result of Elon Musk changing his Twitter bio to “#Bitcoin” and calling the change “inevitable” in hindsight This dragged all the major altcoins higher, but the focus remains on Bitcoin for…
Ethereum gained pace above the $1,300 level against the US Dollar, but it struggled near $1,375. ETH price is approaching a major support and it is likely to bounce back above $1,350. Ethereum faced a strong selling interest near $1,375 and corrected lower. The price is approaching the $1,300 support zone and the 100 hourly…
Ethereum has seen some immense turbulence throughout the past few days and weeks, with buyers and sellers both vying to gain control of its price action The cryptocurrency has been unable to gain any clear trend, with buyers keeping it stable between $1,200 and $1,400, while sellers continue guarding its all-time highs It has now…