Ethereum (ETH)

Not too long ago, AMC announced that it was going to allow crypto fans to purchase concession items and tickets with bitcoin. Now, it looks like the company is adding several additional digital currencies to its list of accepted payment methods hoping this will potentially attract more movie goers. AMC Says “Yes” To ETH, BCH, LTC No doubt theatre chains have taken serious hits over the past year and a half following the coronavirus pandemic. Theatres require people to...

Litecoin price declined heavily below $180 and tested $145 against the US Dollar. LTC price is now trading below $170 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $164 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase). The pair must move above the $175 resistance to start a decent recovery in the near term. Litecoin price is recovering losses from $145 against the US Dollar, similar to...

The bitcoin price is suffering today after the Evergrande Group in China took a hard fall. As the nation’s second largest property developer, the firm has too much debt – more than $310 billion – and is struggling to pay it back. The situation is causing many assets to experience nasty drops, bitcoin being one of them. Evergrande Is Leading to a Drop in Crypto Prices At the time of writing, bitcoin has fallen to roughly $44,000 per unit. Over the weekend, the asset was...

Christine Lagarde – the president of the European Central Bank – has issued a warning about cryptocurrencies like bitcoin and Ethereum, calling them highly speculative and saying that they are “suspicious.” Lagarde: Crypto Is NOT Cash! Bitcoin and digital assets have shot up like crazy over the past year. The idea is that these assets are becoming hedge tools against inflation and other economic problems caused by the current presidential administration and ongoing...

The legendary football player – Tom Brady – once again demonstrated his support towards the digital asset industry. He said he would “love” to receive some of his earnings in Bitcoin (BTC), Ethereum (ETH), or Solana (SOL) tokens. ‘The Digital Age Is Upon Us’ Tom Brady – the seven-time Super Bowl champion and arguably one of the greatest football players – is, by all means, a strong crypto proponent. During a recent interview with Jim Gray on the Let’s Go Sirius XM podcast, he...

ETH/USD – Ether Finds .786 Fib Support. Key Support Levels: $2770, $2720, $2600.Key Resistance Levels: $3000, $3200, $3290. Ethereum is now down a steep 15% on the week as it plummeted beneath $3000. The coin started the week off by falling beneath a rising trend line and the 50-day MA. The trend line also formed the neck of a head and shoulders pattern that could send it as low as $2400. Since breaking the 50-day MA, ETH continued to decrease until it hit yesterday’s low at...

Ethereum price started a major decline below the $3,500 support against the US Dollar. ETH price is now trading below $3,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $3,200 on the 4-hours chart (data feed from Coinbase). The pair could correct higher, but the bears are likely to remain active near $3,200. Ethereum price is showing bearish signs below $3,200 against the US Dollar. ETH/USD could resume its...

As altcoins spike heavily in recent weeks, many analysts and crypto heads are worried that the digital currency space is heading into dangerous territory similar with what it saw last May. Altcoins Are All the Rage Right Now About four months ago, the digital currency arena saw many assets spiking unexpectedly. Bitcoin, for example, had just reached a new all-time high of approximately $64,000 per unit, while Ethereum also hit a new peak of about $4,000. Many altcoins...

ETH/USD – Ether Plummets Into $3000 Support Key Support Levels: $2890, $2770, $2720.Key Resistance Levels: $3200, $3300, $3350. Ethereum fell a sharp 11.5% today as it crashed back to $3000. The cryptocurrency had dropped from near $4000 at the start of September as it fell into support around $3200 (.5 Fib Retracement) last week. A rising trend line bolstered the support, and it allowed ETH to rebound during the week. It reached as high as $3600 last week but rolled over on...

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