Ethereum saw a sharp 7.65% price plummet over the past 24 hours and it currently trades at $159.6. This price decline is largely a result of Bitcoin dropping by a steep 9% as it collapses beneath the $7,700 support. ETH remains promising against BTC which might even stall the decline against the USD. Ethereum is the second-largest cryptocurrency with a market cap of $17.39 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency collapsed beneath...
Read More »Ethereum Price Analysis:ETH Above $170 But Will The Bulls Persist?
Ethereum saw a small 5% price decline over the past week and it currently trades at $173.03. The cryptocurrency continues to be supported at the $170 level but it seems that the bears are adamant to push Ethereum lower. Ethereum has lost a total of 20% over this past month, after falling from the high of $225 during September.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $18.76 billion. The good news is that ETH looks to be holding strong against BTC and we...
Read More »Ethereum Price Analysis: ETH Falls Below $180, More Pressure Ahead?
Ethereum saw a small decline of around 3.26% over the past 24 hours and it currently trades at $178. ETH has seen a further 10% drop over the past month. The cryptocurrency recently met resistance at the 100-days EMA and failed to break above it which caused ETH to roll over and fall.Ethereum remains the second-largest cryptocurrency with a market cap of $19.32 billion.Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency continued to fall after meeting...
Read More »Ethereum Price Analysis: ETH Pulls Back To $186, Can The Bulls Keep Up?
Ethereum saw a small decline of around 1.5% over the past 24 hours and it currently trades at $186. Over the past week, the cryptocurrency increased by over 7.5% before the recent price fall. Despite the small decrease, Ethereum is still up by a total of 4.5% over the last 30 days as it continues to make higher highs and higher lows during October.Ethereum remains the third-largest cryptocurrency with a market cap of $20.17 billion.Looking at the ETH/USD 1-day chart:Since our last ETH/USD...
Read More »Ethereum Price Analysis: ETH Sideways Action Continue, Ahead Of a Huge Move?
Ethereum has been pretty stable over the past month, following a minor increase of 1.5%. However, things might get a bit rocky over the next few days for Ethereum if it breaks beneath the current short term ascending price channel. A break beneath the channel could result in Ethereum’s drop toward the $150 support level.Ethereum continues to be the second-largest cryptocurrency with a market cap of $18.39 billion.Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, Ethereum...
Read More »Ethereum Price Analysis: ETH Stalls Below $180, Are The Bears Back?
Ethereum has seen a small decline of about 1% over the past 24 hours, bringing its price to $177.67. ETH had struggled to break above $187.84 level which caused the market to fall. Despite the recent price drop, Ethereum has started to crawl higher after increasing by around 6% over the past 7 days.Ethereum remains the second-largest cryptocurrency with a market cap of $19.27 billion.Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency continued to break...
Read More »Ethereum Price Analysis: ETH Marks Slight Recovery, Is $180 In Sight?
Ethereum saw a small 4% increase over the past 24 hours which brought its price back above $170. ETH has lost a total of 20% over the past week, causing the cryptocurrency to plummet from more than $200 to below $165. Ethereum is the second-largest cryptocurrency with a market cap of $18.61 billion.Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, ETH has managed to hold the support at $165.42. Ethereum rebounded higher in the previous session but failed to break above...
Read More »Ethereum Price Analysis: ETH Back Below $170 But Is The Bleeding Over?
Etheruem followed in the footsteps of Bitcoin this week as the cryptocurrency dropped by as much as 21%. The latest price fall caused ETH to drop back to $167, returning to support from late-August/early-September.Ethereum has lost a total of 45% over the past 3 months which puts its market cap at $18.17 making it the second-largest cryptocurrency.Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the BTC bloodbath caused ETH to plummet beneath $200. ETH continued to drop...
Read More »Ethereum Price Analysis: ETH Begins To Roll Over, Will We Test $200?
Ethereum has decreased by a total of 5% over the past 3 days after it managed to surge by over 35% from low to high in September. Etheruem saw a further 2% price drop today which brought its price down to $208. Despite the recent declines, Ethereum is still up by a total of 12% over the past week and it now rests at the 100-days EMA.Ethereum remains the second-largest cryptocurrency with a market cap of $22.86 billion.Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis,...
Read More »Ethereum Price Analysis: ETH Surges To $200, Are The Bad Days Finally Over?
Ethereum has seen a notable 2.85% increase over the past 24 hours which brought its price up to $199. The cryptocurrency now marks a 9.5% surge over the past week which makes it the strongest one from the large-cap top 20 coins. This latest hike is largely a result of ETH recovering against Bitcoin as we continue to head to 0.002 BTC. Ethereum remains the second-largest cryptocurrency with a market cap of $21.41 billion.Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis,...
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