Ethereum pared a small portion of its recent gains this Monday on profit-taking sentiment. The ETH/USD exchange rate fell by more than 6 percent to $595.22 ahead of the New York opening bell. The pair’s downside move appeared a day after it logged a new year-to-date high of $676.94. While it managed to hold its…
Ethereum corrected lower, but it remained well bid above $625 against the US Dollar. ETH price is currently rising and it looks set for a surge above the $650 resistance. Ethereum is trading nicely above the $620 and $630 support levels. The price is back above the $640 level and the 100 hourly simple moving…
Ethereum rallied above $650 and $660 before correcting lower against the US Dollar. ETH price is likely to remain supported and it might start a fresh increase towards $700. ETH price gained pace after it broke the $650 resistance against the US Dollar. The price is currently correcting lower from $670 and trading well above…
Ethereum is currently in a precarious position due to it flashing some immense weakness against its Bitcoin trading pair in recent weeks This has created some headwinds for its USD pair as well, leading to a pattern of severe underperformance against the benchmark cryptocurrency and even other altcoins It has still been able to post…
Ethereum traded to a new monthly high above $675 against the US Dollar. ETH price is currently correcting gains, but dips are likely to be limited below $630 in the near term. Ethereum gained bullish momentum after it broke the $620 resistance level. The price surged towards the $675 resistance and settled well above the…
Bitcoin is well above its former record, thanks in part to the digital gold narrative taking hold in 2020 with institutional investors. But as those who get into cryptocurrencies consider diversifying beyond BTC, one entrepreneur and crypto trader says that Ethereum is the digital version of silver, not Litecoin as it has long been called.…
Ethereum started a strong surge above $600 and $620 against the US Dollar. ETH price tested the $650 resistance zone and it is currently correcting gains. Ethereum gained bullish momentum after it broke the $600 resistance level. The price is up more than 10% and it is now well above the 100 hourly simple moving…
Ethereum is showing some immense signs of strength today as the entire crypto market plows higher, with Bitcoin leading the way BTC was able to set fresh all-time highs today when its price rocketed to $20,800. Although it found some selling pressure here, it has not posted any harsh rejection Where the entire market trends…
There’s a good reason why people refer to Ethereum as the king of alts. In a literal sense, it is the biggest altcoin by market cap. But there’s something to be said about its accomplishments towards becoming a global settlement layer as well. Certainly, during the five years since it launched, the Ethereum Foundation has…
Ethereum is still struggling to clear the $595 resistance zone against the US Dollar. ETH price remains at a risk of a sharp decline if it breaks the $575 support zone. Ethereum is still trading well below the main $595 and $600 resistance levels. The price is now approaching the $580 support zone and the…