Ethereum’s native token, Ether (ETH), has dipped by more than 60% year-over-year, trading below $1,300 last week. Nevertheless, the plunge has not discouraged crypto investors from buying the token. According to data presented by CryptoPresales.com, the number of unique addresses holding more than one ETH has jumped by 20% year-over-year, reaching 1.58 million last week. Investors with 1 ETH Increase Exposure, Small Investors Lose Ground The crypto analytics platform, Glassnode, showed...
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Read More »Ethereum Price Analysis: Fresh Increase Above $1,400 Possible
Ethereum price is showing positive signs above the $1,300 level against the US Dollar. ETH price is now trading above $1,300 and the 55 simple moving average (4-hours). There was a break above a key bearish trend line with resistance near $1,290 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,340 resistance zone. Ethereum price is rising above the $1,300 level against the US Dollar. ETH/USD could rise further if it clears...
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Read More »Ethereum Price Analysis: ETH Reaches Key Juncture, Key Support Nearby
Ethereum price started a fresh decline from the $1,380 zone against the US Dollar. ETH price is now trading below $1,325 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,300 on the 4-hours chart (data feed from Coinbase). The pair could decline heavily if there is a clear move below the $1,250 support zone. Ethereum price is struggling below $1,350 against the US Dollar. ETH/USD remains at a risk of more...
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