Ethereum suffered a severe correction over the weekend that saw its price plummet over 18%. The smart contracts giant went from trading at a high of $215 to recently hit a low of $175.5.Despite the significance of this retracement, multiple technical and fundamental reasons suggest that Ether is bound for a bullish impulse.Bullish Momentum is…
Ethereum is gaining bullish momentum above $190 against the US Dollar. It seems like ETH price is preparing for more gains towards the $200 and $205 resistance levels in the near term.Ethereum is showing positive signs above the $188 and $190 levels.The price could face a strong selling interest near the $200 and $205 levels.There…
Ethereum’s price has been hovering around the lower $190 region in the time following its latest selloff that sent it to lows of $180.The second-largest cryptocurrency by market cap has been severely underperforming Bitcoin in recent times and has virtually erased all of the gains that came about as the result of its recent push…
Ethereum is forming a decent support base above $180 against the US Dollar. ETH price is likely to start a strong increase if it breaks the $192 resistance zone.Ethereum started an upside correction from the $180 low and corrected above $185.The price is currently facing a couple of key hurdles near $190 and $192.There is…
Ethereum is down more than 10% and it broke the key $200 support against the US Dollar. Bitcoin’s decline is increasing pressure on ETH and it could decline further to $175.ETH price is gaining bearish momentum and it broke the key $200 support zone against the US Dollar.It is now trading below $192 and the…
Ever since the CME launched futures for Bitcoin, investors have been asking for Wall Street-centric Ethereum futures. The reason: cryptocurrency investors believe these derivatives will catalyze ETH buying by an institutional audience.Analyst Expects Ethereum Futures to Send Price FlyingAccording to a prominent crypto trader, “it won’t be long before we see [Ethereum] futures launch [on…
Ethereum has been significantly underperforming Bitcoin in recent times. While the benchmark cryptocurrency is currently hovering around its multi-month highs, ETH is still trading significantly below where it was just over a week ago.This weakness against BTC is showing some tempered signs of degrading, however, as buyers were able to firmly defend the crypto’s key…
Ethereum is struggling to gain bullish momentum above the $210 and $220 resistance levels against the US Dollar. ETH price remains at a risk of drop below $200 if it continues to struggle near $210.Ethereum is facing an uphill task near the $210 and $211 resistance levels.A crucial support is forming near the $197-$198 zone.There…
Ethereum is showing positive signs above the $202 and $200 support levels against the US Dollar. ETH price is likely to accelerate higher towards the $220 and $225 levels in the near term.Ethereum is trading nicely above the $202 and $200 support levelsThe price is currently attempting an upside break above $207 and the 100…
A prominent analyst within the crypto community suggested that Ethereum’s price action seems to resemble the way Bitcoin was behaving between 2015 and 2018. Under such circumstances, the chartist implied that ETH can surge up to 63x in its next bull run.The smart contracts giant could have the ability to peak at a high of…