Ethereum is struggling to clear the $230 resistance level against the US Dollar. ETH price is showing positive signs and it seems like a close above the 100 SMA (H4) could trigger a fresh rally.ETH price is slowly moving higher towards the $230 resistance against the US Dollar.A close above the 100 simple moving average…
Ethereum has been consolidating over the past few days within the $220 region.Although on the surface its price structure seems similar to that of Bitcoin and its peers, it is important to note that it is currently stuck beneath its long-held trading range between $230 and $250.Its sustained bout of trading below this range is…
Ethereum is holding strong above the $225 support level against the US Dollar. ETH is slowly rising and it is likely to continue higher towards $235 and $240.Ethereum is following a bullish path and it recently spiked above the $230 resistance level.The price could correct a few points, but the $228 and $225 levels are…
Ethereum is currently on the cusp of breaking back into its long-established trading range between $230 and $250.A recent influx of selling pressure experienced by the cryptocurrency forced its price to break below the lower boundary of this trading range for an extended period of time, with ETH even testing its crucial support at $220…
Ethereum is slowly recovering and trading above the $225 level against the US Dollar. ETH is likely to rise sharply if it clears the $228 and $230 resistance levels.Ethereum is showing positive signs above the $224 and $225 support levels.The price is still struggling to clear the $228 and $230 resistance levels.There is a crucial…
China’s state-sponsored Blockchain Service Network (BSN) is reportedly moving to start integrating with public blockchains like Ethereum and Nervos Network.News of these potential integrations come just a week after news broke about the BSN utilizing Chainlink Oracles to increase the speed and security of transactions taking place on-chain.This news seems to bode well for the…
Last week, Bitcoin price fell from a high of $9,800 to a low of $8,900. Ethereum fell over 10% from $248 to $215. But while these top crypto assets tanked, several small-cap altcoins not only surged but set records for a new all-time high.What’s causing these underdog altcoins to rally while major crypto assets continue…
Ethereum’s weakness as of late has primarily been rooted in that seen by Bitcoin.From a fundamental perspective, the cryptocurrency is arguably at one of its strongest points ever, with daily transactions recently breaking 1 million while its userbase sees massive growth.This strength has not translated into positive price action yet, as all of the profits…
Ethereum is declining and trading below the $225 support against the US Dollar. ETH price remains at a risk of more losses and it might revisit the $200 support.ETH price is showing bearish signs and trading below the $225 support area against the US Dollar.It tested the $215 support and settled well below the 100…
Volume on Ethereum blockchain is rising faster than Bitcoin for the last three months, according to data fetched by Santiment.The second-largest cryptocurrency is leading a pack of top 100 altcoins with better on-chain metrics than that of Bitcoin.Observers note that a swift rise in altcoin volumes forms a local price top.Ethereum, the world’s second-largest cryptocurrency…