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Tag Archives: ETH

Ethereum Price Analysis: Here Is Why ETH Is Still Struggling

Ethereum price is facing a strong resistance near the $135 and $140 levels against the US Dollar.ETH price is under pressure and it might struggle to stay above the $125 support.There is a major bearish trend line forming with resistance near $134 on the 4-hours chart (data feed from Coinbase).The price remains at a risk of further losses unless it surpasses $134, $135 and $140.Ethereum price is facing a couple of key hurdles against the US Dollar. ETH/USD is trading above $125, below which...

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Apprehension on Ethereum as ICO Investor Supposedly Moves 300,000 ETH

Yesterday’s article emphasized the extreme overselling of the market and, therefore, the high probability of the appearance of discount hunters. And they appeared.The news of the day is that of apprehension over Ethereum, as an ICO investor allegedly moves 300,000 ETH.The recent movement of funds from an early participant in the Ethereum ICO is causing some apprehension in the Ethereum market. Over the past few months, the account has transferred about 300,000 ETH to exchanges. A few days...

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Bitcoin Price to Cross $20,000 in 2020, Says Blockchain Capital

It has been two years now that Bitcoin price hit its all-time high of $20,000 in December 2017. Since then it has been a tough ride for Bitcoin investors as the world’s largest cryptocurrency lost 80% of its value in 2018.In April 2019, the crypto market along with Bitcoin revived as the BTC price surged from $3500 levels to go above $13,500. This price surge brought some renewed optimism among crypto enthusiasts. However, Bitcoin has been again moving sideways facing downward pressure since...

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Forbes Allows Paying with Ethereum for Monthly Ad-Free Experience

Thanks to Unlock’s solution Forbes can now charge a tiny fee per 7 days of ad-free reading. You can also buy 30 days of reading the website without seeing the hateful banners. Subscription is available through the MetaMask, Opera or Coinbase. The first option allows buying one week of reading for ~0.0052 ETH. If you want to buy the monthly subscription, you will have to send out ~0.02 ETH.A main feature of the offer: it appears only in the crypto dedicated Forbes section. If you read some...

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Crypto Price Analysis December 18: BTC, ETH, XRP, LTC, BCH

Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, shares his insights into the future scenarios for Bitcoin price movement as well as possible price swings of major altcoins.As we see, on D1 of the Bitcoin there is a reversal Wedge pattern forming, promising a reversal and an attempt of growth rather soon. For the bulls, it is important to secure above $7670, which will confirm the development of an uptrend.What is more, similar patterns are forming on the charts of...

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Ethereum Long-Term Outlook: Accumulation Territory at $100 Looks Tenable

Recently, Ethereum has been deliberately following Bitcoin‘s price activity, which generally shows a selling sentiment.Both BTC and ETH are currently exchanging at critical support levels, and any more shortcomings in the short term could lead to huge capitulation selling, which could lead to a drop in the cryptocurrency.Analyzing Ethereum, experts note that the basic level of support is $140 and that a break below this level is leading to a fall in ETH by more than 30% and focus may be on...

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Ethereum Price Analysis: ETH Tumbles, Risk of Additional Losses

Ethereum price is sliding heavily and recently tumbled below $140 against the US Dollar.ETH price is showing a lot of bearish signs below $138 and $135.There is a crucial bearish trend line forming with resistance near $138 on the 4-hours chart (data feed from Coinbase).The price remains at a risk of further losses below the $130 support level in the near term.Ethereum price is down and out below $135 against the US Dollar. ETH/USD is likely to continue lower as long as it is below the...

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Fidelity Digital Assets Plans to Offer Ethereum Support in 2020

Fidelity Digital Assets, the digital currency arm of financial giant Fidelity Investments, plans to add support for Ether token next year in 2020. Tom Jessop, the president of Fidelity Digital Assets, made the announcement during an interview with The Block last Saturday, December 13.Jessop added that the final decision of Fidelity Digital Assets depends only upon evaluating the market demand for ETH support. Launched earlier this year, Fidelity Digital Assets specializes in offering...

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Vitalik Buterin: The Ethereum Foundation Sold 70,000 ETH At The All-Time High

The co-founder of the second-largest cryptocurrency by market cap, Vitalik Buterin, recently admitted that the Ethereum Foundation (EF) has sold 70,000 ETH almost at the all-time high. Today, it seems like the right decision, as Ethereum’s price has plunged with over 90% since then.To Sell 70,000 ETH At The TopVitalik Buterin, the co-founder of Ethereum, recently appeared in an interview, and naturally, his blockchain project was the most discussed topic. Besides the upcoming updates from the...

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A Wild Ride: Ethereum (ETH) Price Is Down 90% From ATH, But Up 5000% Since Inception

Cryptocurrencies, being relatively new, are getting more and more attention as potential investing tools. People within the community are often discussing prices and how each coin they have invested in could skyrocket, thus providing them good returns.While some might be thinking that ETH’s current price is around $145 and its all-time high was at close to $1400 – that’s a devaluation of 90% in less than two years. However, by checking Ethereum’s launch, it actually provides a return...

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