Tag Archives: ETH

Ethereum is included in digital money that depicts the market in black. Price activity has been bearish since the beginning of the Asian trading session. Ethereum is trading at $142 following a loss of 0.96% from its price on Thursday. Expectations are declining amid increasing unpredictability.It was another desperate week on Ethereum as its value continues to decline. Sinking more today left the world’s second-largest crypto resource at risk of reaching its lowest level in several months....

Ethereum dropped back beneath the $150 level to create a fresh low for December at $140.The cryptocurrency trades strong against BTC as it remains above 0.02 BTC.It has dropped by a steep 22% this month as the bears keep their strong grip on momentum.Key Support & Resistance LevelsETH/USDSupport:  $145, $138.80, $133.50Resistance: $152, $158.60, $165, $170.ETH/BTC:Support: 0.0196 BTC, 0.019 BTC, 0.0184 BTCResistance: 0.020 BTC, 0.021 BTC, 0.0215 BTC, 0.0223 BTCETH/USD: ETH Creates Fresh...

By Dmitriy Gurkovskiy, author of RoboForex Blog.ETH/USD tech analysisETH outplayed the BTC in the new crypto ratingIstanbul hardfork did not influence the ETH priceOn W1, the situation remains the same: the market is forming a descending impulse to the minimum of $80.86. In a longer perspective, the main goal of the predominant trend should be the psychological minimum $10.0.On the MACD and Stochastic, further decline is also confirmed. However, care should be taken on the market and all...

According to a popular monitoring resource, the number of new addresses on Ethereum’s blockchain shares a very similar pattern with the ETH price most of the time. Lately, however, the price is taking the lead.Correlation: ETH Price And New Ethereum AddressesThe popular cryptocurrency monitoring resource TokenAnalyst has presented interesting findings regarding the number of new addresses on Ethereum’s blockchain and their correlation to ETH’s price.We were playing around with our API and...

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.Judging by the charts of the main crypto instruments, the bears are still at the wheel. However, it should be noticed, that the angle of the decline is becoming less and less steep every day, which means a certain weakening of the trend. The picture on the charts may be hinting that the long but...

Ethereum prices this year were lower in growth than Bitcoins, as the second-largest cryptocurrency this year increased less than 5%, notwithstanding BTC in spite of that maintains a staggering 95% increase since the beginning of the year, despite previous selling.In light of the successful introduction of the latest network updates in Istanbul hard fork and the growing popularity of DeFi, does catching up with ETH means a viable strategy for investors? From a macroeconomic point of view,...

Ethereum price is facing a significant resistance near $152 and $158 against the US Dollar.ETH price is currently trading just above the $145 and $143 support levels.There is a major contracting triangle forming with resistance near $151 on the 4-hours chart (data feed from Coinbase).The price could start a strong upward move once it breaks $151 and $152.Ethereum price is trading in a contracting range against the US Dollar. ETH/USD needs to gain strength above $152 to start a solid upward...

Ever since its launch last year, Tezos has done quite a lot to improve its feats and keeps on doing so. As the company appears to continue with innovations and partnerships, some of the community is arguing that Tezos might be skyrocketing soon, resembling Ethereum’s surge from 2017.Is Tezos The New Ethereum?2017 was arguably the most intriguing year among all cryptocurrencies. While Bitcoin’s price skyrocketed to almost $20,000, Ethereum made a remarkable performance, as well. It started the...

Great news for the Ethereum community: the network’s Istanbul improvement has been successfully completed. Expected to increase the speed of the Ethereum network and its gas efficiency, the hard fork was activated at block number 9,069,000. #Ethereum's #Istanbul network upgrade is now live! Congratulations to everyone who worked to make it happen. Want to learn more? Check out details on Istanbul's included changes here: https://t.co/KIMLb0ujce — Ethereum (@ethereum) December 8, 2019...

As per its earlier schedule, the Ethereum network shall be releasing its Istanbul hard fork three days from now on December 8. However, the interesting thing is that a majority of the nodes on Ethereum are unprepared for this.Frankly, this news is a bit shocking to the Ethereum community. It is found that nearly 60% of the Ethereum clients have not been moved to the latest version that is compatible with the Istanbul Hard Fork. As per the Ethernodes analytical tool, just 40% of the active...