Ethereum price is trading nicely above the $198 and $200 support levels against the US Dollar.ETH price is likely to break the $214-$215 resistance region for a fresh rally.There is a major bullish trend line forming with support near $201 on the 4-hours chart (data feed from Coinbase).The pair could correct a few points, but it is likely to remain well bid above the $200-$201 zone.Ethereum price is trading in an uptrend above the $200 support against the US Dollar. ETH/USD is likely to break...
Read More »Ethereum Price Analysis: ETH Following Strong Uptrend Above $190
Ethereum price is currently trading in an uptrend above $190 against the US Dollar.ETH price is likely to continue higher above the $200 resistance level.There is a key ascending channel forming with support near $192 on the 4-hours chart (data feed from Coinbase).The pair could correct a few points, but it is likely to find bids near $190 or $185.Ethereum price is showing many positive signs above $190 against the US Dollar. ETH/USD remains in an uptrend and it could soon rally further above...
Read More »Grayscale Bought Half Of All ETH Mined In 2020 As Institutional Interest Keeps Growing, Report Says
The leading digital asset management company, Grayscale Investments, has purchased nearly 50% of all mined ethers in 2020.The firm outlined the increased interest from institutional investors, hinting that the upcoming Ethereum 2.0 could be the reason behind both.Grayscale On ETH Buying SpreeNew information on the matter indicated that the total number of ETHs mined from the start of 2020 to April 24th was 1,563,245.875.At the same time, the Grayscale Investments Ethereum Trust (ETHE) had...
Read More »BitMEX Launched New Ethereum Futures: Traders Can Now Short ETH Without Holding It
Popular cryptocurrency exchange and derivatives trading platform, BitMEX, announced today that it is launching an ETHUSD Quanto futures contract on May 5, 2020. The new product will be the first of its kind in the market. The ETHUSD futures are Quanto contracts, similar to the ETHUSD perpetual swap.BitMEX ETHUSD Quanto FuturesAccording to the exchange, the ETHUSD Quanto futures come with a fixed Bitcoin multiplier regardless of the price of Ether (ETH) in USD. This gives traders the...
Read More »Ethereum 2.0 alles verläuft nach Plan: fast 20.000 Benutzer im Testnetzwerk
Ethereum kommt Ethereum 2.0, der neuesten Version des Netzwerks, einen weiteren Schritt näher. Das Testnetzwerk von Ethereum 2.0 wurde am 18. April gestartet. Derzeit nehmen 20’000 Nodes teil, um die neue Version zu testen. Dort wird unter anderem der sogenannte „Proof of Stake“ (dt.: Anteilsnachweis) ausgewertet. Ethereum 2.0: Wechel von Proof of Work hin zu Proof of Stake Mit dem Upgrade auf...
Read More »Ethereum Price Analysis: ETH Likely To Start Fresh Increase
Ethereum price is currently correcting lower from the $191 swing high against the US Dollar.ETH price is trading below the $175 support, but it is likely to find bids near $163 and $160.There is a major bullish trend line forming with support near $160 on the 4-hours chart (data feed from Coinbase).The price could climb back above $175 as long as it is above the $160 support area.Ethereum price is correcting gains after a strong rally to $190 against the US Dollar. ETH/USD is now approaching...
Read More »Ethereum Price Analysis: ETH Recovery Could Fade Soon
Ethereum price is currently recovering from the $150 support area against the US Dollar.ETH price is likely to fail near the $160 and $164 resistance levels in the near term.There is a crucial contracting triangle forming with resistance near $165 on the 4-hours chart (data feed from Coinbase).The price could correct a few points, but it is likely to struggle near the $164-$165 resistance area.Ethereum price is showing a few bearish signs below the $165 pivot level against the US Dollar....
Read More »Ethereum (ETH) Price Fell by around 1.5% but May Rise Soon as ETH 2.0 Upgrade Gets Closer
Though Ethereum price is falling now, many traders think that a massive rally is underway as ETH 2.0 upgrade is getting closer.Ethereum (ETH) price has fallen by 1.27% in the past 24 hours. This comes as the new upgrade to Eth 2.0 is just around the corner. Current price levels at $168.63 have made everyone believe that Ethereum holds promise and may do even better in the markets this year. The first fundamental thing to change for Ethereum this year would be the shift to proof-of-stake...
Read More »Crypto Price Analysis April 8: BTC, ETH, LTC, EOS, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Cryptocurrencies continue their slight growth and bulls have a lot of difficulties with conquering every level. It would seem that a long-awaited aggressive growth is...
Read More »XRP Price Hits $0.20 as Over 200M Coins Transferred Anonymously
XRP price has risen by around 8% within the last 24 hours. 211 million XRP has been recently transferred between several wallets with some anonymous and others identified to be owned by corporate investors.As every crypto coin has begun to gain momentum and is rising now, XRP price is also rising. The coin is trading at $0.20 at the time of writing. It means that the coin has gained 7.78% within 24 hours.The crypto has broken above the overhead resistance at $0.18867. If the bulls can sustain...
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