Tag Archives: ETHBTC

ETH/USD – Ethereum Stalled By September High-Day Closing Price Key Support Levels: $445, $439, $430.Key Resistance Levels: $475, $490, $500. Ethereum managed to surge higher from the resistance at $462.50 (bearish .886 Fib) yesterday as it pushed into the $475 resistance provided by the September High-Day closing price. Unfortunately, the coin was unable to continue further above $475 and has since dropped to the $460 level. Despite today’s healthy price drop, Ethereum is...

After marking a new yearly high of $16,500, BTC now seems to be retracing. The cryptocurrency dropped to as low as $15,750 and recovered to where it’s currently trading at $15,880. Most altcoins are following suit. The Correction Begins? There’s a saying for traders that goes – ‘what goes up, must come down.’ In other words, it’s completely typical and healthy market behavior for prices to correct. This gives buyers the opportunity to consolidate and continue accumulating....

When the Crypto Twitter community reacts, it does so in a big way. And when the guys from the Bitcoin neighborhood unite, there’s nothing to stop them, especially when it comes to criticizing traditional financial institutions —whether they’re crypto-friendly or not. If this seems hard to believe, ask PayPal, who had to deal with significant criticism after publishing something about Bitcoin that was not swallowed easily by the Crypto Twitter community. What PayPal Did In...

Bitcoin Bitcoin saw another 4% price hike this week, which had it breaking above the $16,000 level to reach as high as $16,491 today. The coin has since dropped slightly to trade at $16,135 at the time of writing. Last week, the coin had surged into the $16,000 level, which caused it to roll over and drop into the $14,850 support last Saturday. Bitcoin managed to rebound higher from there as it started to climb on Sunday. The coin did not return to $16,000 until Wednesday,...

Bitcoin marches confidently towards new yearly highs while most alternative coins have failed in pursuit. Consequently, BTC’s dominance over the market has climbed above 65%. Red Dominates The Altcoins On a 24-hour scale, most alternative coins have either decreased in value or remained stagnant. Ethereum initiated a leg up towards $470, but the bears didn’t allow any further increases. In fact, they drove ETH’s price south, and the second-largest cryptocurrency struggles at...

ETH/USD – Ethereum Stalls At Price Channel Upper Border Key Support Levels: $456, $438, $430.Key Resistance Levels: $475, $490, $500. Yesterday, Ethereum managed to create a fresh high for November (and a new 2-month high) as it spiked into the $475 resistance (September high-day closing price). Before this, it was struggling to close above $456 for the past five days of trading. Unfortunately, ETH ran into the upper border of a rising price channel and struggled to break...

After breaking the previous yearly high and briefly spiking to $16,000, BTC has retraced slightly and trades beneath that level. Simultaneously, Ethereum surged to a new high since early September, while Chainlink’s impressive weekly performance has taken the asset to the 5th spot in terms of market cap. Bitcoin Sees New YTD High But Retraces BTC has performed quite decisively lately. The asset jumped to a new year-to-date high on Friday of just shy $16,000. Although it...

The world’s leading cryptocurrency exchange, Binance, has temporarily suspended withdrawals for ERC20 tokens. Upbit and Huobi follow suit. The issue comes after Infura – an Ethereum infrastructure provider is also experiencing problems. The team announced earlier today that they are experiencing a service outage for their Ethereum Mainnet API. In a later update, they’ve revealed that they brought additional capacity online for the affected components and are “continuing to...

During the past 24 hours, Bitcoin tanked to $15,100, but it has recovered since then and trades around $15,400. Most high and mid-cap altcoins have outlined substantial gains and have reduced BTC’s dominance to below 64%. Bitcoin Price Slides But Recovers After peaking at nearly $16,000 last week, Bitcoin has struggled with maintaining such a high price tag. It dropped below $14,300 a few days after, but managed to initiate a false breakout towards $15,800 when news broke...

ETH/USD – Ethereum Struggles To Break Above $456 Resistance Key Support Levels: $438, $430, $421.Key Resistance Levels: $456, $462.50, $475 Last Friday, Ethereum surged to $456 where it met the resistance at the upper boundary of a rising price channel. It failed to close a daily candle above this level as it moved sideways between $456 and $435 over the weekend. Yesterday, Ethereum failed to close the daily candle above $456. The coin found support today at the $438 level...