Ethereum (ETH)

Ethereum rebounded by 3% from support provided by a rising trend line.The cryptocurrency had dropped by a total of 15% over the last week before the recent bounce.Against Bitcoin, Ethereum managed to remain above 0.025 BTC but is struggling at 0.026 BTC.Key Support & Resistance LevelsETH/USD:Support: $220, $215, $205.Resistance:$230, $240, $250.ETH/BTC:Support: 0.0255 BTC, 0.025 BTC, 0.0242 BTC.Resistance: 0.0263 BTC, 0.027 BTC, 0.0278 BTC.ETH/USD: Bulls Continue Battle To Defend...

Ethereum price declined heavily below $244 and recently found support near $210 against the US Dollar.ETH price is currently recovering and it is trading above the $225 resistance area.There was a break above a key bearish trend line with resistance near $225 on the 4-hours chart (data feed from Coinbase).The price is likely to continue higher towards the $244 and $250 resistance levels in the near term.Ethereum price is showing signs of a decent recovery above $225 against the US Dollar....

BTCU blockchain enables smart contracts to facilitate decentralized applications and all crypto transactions across a peer-to-peer network.Headed by Nikolai Udianskyi, the software developers team of Coinsbit crypto exchange will work on introducing a new Bitcoin fork, identified as “Bitcoin Ultimatum (BTCU)”.The crypto developers team assumes a critical mission of building the BTCU consensus network and developing new innovative technologies, that aim to fix the major challenges facing the...

Uhive, a new upcoming social media company, allows users to connect and share content with their family and friends publicly or anonymously to create its own cryptocurrency.Blockchain technology and cryptocurrency at large have been huge game-changers for the global economy over the past ten years. Social media companies have not been ignoring this, and many have adopted tokenization to move forward their main agenda, gain popularity, increase their customer base, and also monetize their...

After last week’s plunge of over $1,500, Bitcoin rattled its 2020 positive run. The question remained if the $8,500 critical support level could hold the downfall, and, so far, it has.The largest cryptocurrency dipped below it to $8,440, but it managed to recover quickly. At the time of this writing, Bitcoin is trading at approximately $8,700.If BTC continues to increase, the first significant resistance level lies at $8,800, followed by $9,000. The latter also serves as a major psychological...

Cryptocurrency exchange Luno – based in London in the United Kingdom – has stated that it will soon add Ripple’s XRP to its list of tradeable assets for customers to enjoy.Ripple Is Coming to Luno CustomersThe news comes after Luno engaged in a year-long poll in which all its customers were asked which new asset they would be the most interested in trading or purchasing in the future aside from bitcoin (BTC) and Ethereum (ETH), as the exchange already offers these assets to its users. Ripple...

Etheruem is attempting to rebound from support at $220 as the previous price decline stalls.The cryptocurrency is supported by the .5 Fib Retracement at $220.Against Bitcoin, Ethereum bounced higher after reaching the 0.025 BTC support.Key Support & Resistance LevelsETH/USD:Support: $220, $210, $205.Resistance: $225, $240, $250.ETH/BTC:Support: 0.0256 BTC, 0.025 BTC, 0.0242 BTC.Resistance: 0.027 BTC, 0.0278 BTC, 0.0288 BTC.ETH/USD: Bulls Continue Battle To Defend $220.Since our last...

According to Ripple CTO, the new exciting features are coming from the Ripple developers. They will allow third-party tokens to work on top of the system. Also, XRP Ledger will soon have the ability to eliminate accounts of possible network spammers.Ripple’s XRP price falls together with other markets. But David Schwartz doesn’t care as the Ripple Ledger, XRP and the longtime holders will soon receive a significant boost. A company presents a new type of transactions for externally created...

Ethereum creator Vitalik Buterin shared his thoughts regarding Bitcoin price mocements. He claims the Stock to Flow model doesn’t work for Bitcoin or any other crypto asset.Vitalik Buterin says that you shouldn’t make financial decisions solely after reading the news. The classic Stock to Flow (S2F) model is not working with Bitcoin. Major news announcements, as well as world disasters such as coronavirus, do not affect the crypto market. Buterin says that there are 95% of the articles on the...

Bitcoin dropped by a total of 11% over the past week as the cryptocurrency broke beneath previous support at $9,550 and plummetted beneath support at $9,000. It continued to decline until reaching the current support at the 200-days EMA, which is bolstered by the .5 Fib Retracement at around $8,600. The momentum is certainly on the bearish side, and we should continue to expect further declines this week within the market. Once the rising trend line is broken, support is found at the downside...