Ethereum (ETH)

On Thursday, January 14th, the Ethereum altcoin keeps correcting, trading at $1,122.By Dmitriy Gurkovskiy, Chief Analyst at RoboForex.Tech analysis of ETH/USD: ETH is correcting.The ETH reached its all-time high in January.Vitalik Buterin is propelling the idea of social wallets.On W1, ETH keeps correcting in an uptrend. The aim of the decline can become the next Fibonacci level – 61.8%. The MACD histogram is above zero, which means the upward dynamics will restore soon. The signal lines of...

Litecoin price started a fresh increase after testing the $110 zone against the US Dollar.LTC price is back above $140, but it is still below the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $140 on the 4-hours chart of the LTC/USD pair (data feed from Coinbase).The pair is likely to continue higher once it clears the $150 resistance zone in the near term.Litecoin price is showing positive signs above $140 and $142 against the US...

ETH/USD – Bulls Holding Strong Above .382 Fib SupportKey Support Levels: $1047, $1000, $952.Key Resistance Levels: $1100, $1165, $1200.Last week, Ethereum was climbing higher as it surged into the $1350 resistance (1.272 Fib Extension). More specifically, it struggled to close a daily candle above resistance at $1276 (bearish .886 Fib Retracement) and started to roll over from here at the weekend.On Monday, the sudden Bitcoin price plummet caused ETH to spike as low as $930. Luckily, the...

European cryptocurrency payments company CoinGate has joined the likes of Coinbase and Binance US to remove Ripple (XRP) from its services. The firm justified its decision with the SEC charges brought on the payment processor as many of its partners had already stopped doing utilizing the XRP token.CoinGate Removes XRPHeadquartered in Lithuania, CoinGate enables bitcoin, ETH, and other digital assets to be used as a means of payment with traditional merchants. The company has a reported...

Despite the bloodshed of this Monday, cryptocurrencies are still arousing the interest of the mainstream audience, and Vitalik Biterin, the creator of Ethereum, is aware of the great responsibility involved in developing a product that could revolutionize the world of finance… Especially if it comes with the responsibility of becoming your own bank.In a blog post dated January 11th, Vitalik spoke about the importance of developing methods that allow users to recover their wallets’ private...

The cryptocurrency trading volumes on PayPal have skyrocketed to a new all-time high yesterday, shattering the previous record. Having also in mind the growing Google searches for bitcoin, Ethereum, and other digital assets, the question remains if retail investors have finally arrived.PayPal Crypto Trading Volume ATHEver since the world’s largest online payment processor announced last year that it will enable cryptocurrency trading on its platform, the community wondered how long it will...

Ethereum price declined heavily after trading to a new yearly high at $1,350 against the US Dollar.ETH price is currently trading well above $1,000 and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $920 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher if it clears the $1,125 and $1,130 resistance levels in the coming sessions.Ethereum price is recovering nicely from the $920 zone against the US...

It’s quite easy to get caught up in the bitcoin hype. After all, the currency is the face of the digital asset market and presently serves as the largest cryptocurrency by market cap. With its recent jump to roughly $40,000 per unit and the establishment of a new all-time high, it’s hard not to keep our focus and attention on it, but we can’t turn our backs on Ethereum or any of the world’s other high-ranking digital assets, many of which are putting bitcoin’s sudden surges to shame.Ethereum...

Ethereum (ETH) is expected to approach its new all-time high of over $1400. With this Ethereum’s 2021 returns so far stand at nearly 80%.The world’s second-largest cryptocurrency Ethereum (ETH) has skyrocketed once again surging 10% and moving past $1300 levels. At the time of writing, ETH was trading at $1327 with a market cap of $150 billion.With this move, Ethereum (ETH) is now just 5% short of its all-time high of $1400. It has been a phenomenal start to 2021 for ETH investors. With...

ETH/USD – Ethereum Continues To Set Multi-Year HighsKey Support Levels: $1275, $1200, $1165.Key Resistance Levels: $1350, $1390, $1425.This past week, Etheruem surged higher from $800 to reach the resistance at $1275 on Friday, provided by a bearish .886 Fib Retracement. It stalled here for a couple of days as it traded along with the support of $1165 (.236 Fib Retracement).Today, Ethereum managed to push above the resistance at $1275 to climb higher towards $1350 (current daily high and...