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Tag Archives: Ethereum

Ethereum Price Analysis: ETH Could Nosedive Below $2K

Ethereum price started a fresh decline from the $2,500 zone against the US Dollar. ETH price is now trading below $2,200 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2,100 on the 4-hours chart (data feed from Coinbase). The pair remains at a risk of more downsides towards the $1,650 support level. Ethereum price is struggling below $2,200 against the US Dollar. ETH/USD remains at a risk of more downsides if...

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Ethereum Price Analysis: ETH Could Retest $2K

Ethereum price started a fresh decline from the $2,800 zone against the US Dollar. ETH price is now trading below $2,500 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $2,800 on the 4-hours chart (data feed from Coinbase). The pair remains at a risk of more downsides towards the $2,000 support level. Ethereum price is struggling below $2,500 against the US Dollar. ETH/USD remains at a risk of more...

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Ethereum Price Analysis: ETH Faces Uphill Task

Ethereum price started a fresh decline from the $2,980 zone against the US Dollar. ETH price is now trading below $2,900 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $2,870 on the 4-hours chart (data feed from Coinbase). The pair must clear $2,870 and $2,980 to start a fresh increase in the near term. Ethereum price is struggling below $3,000 against the US Dollar. ETH/USD remains at a risk of more...

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Ethereum Price Analysis: ETH Aims Fresh Surge Above $3,050

Ethereum price started a fresh decline from the $3,180 zone against the US Dollar. ETH price is now trading near $3,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $3,050 on the 4-hours chart (data feed from Coinbase). The pair must clear $3,050 to start a fresh increase in the near term. Ethereum price is struggling below $3,050 against the US Dollar. ETH/USD remains at a risk of more downsides if it stays...

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Ethereum Price Analysis: ETH Could Drop To $2.8K

Ethereum price started a fresh decline from the $3,300 zone against the US Dollar. ETH price is now trading below $3,200 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down towards the $2,820 support zone in the near term. Ethereum price is gaining pace below $3,000 against the US Dollar. ETH/USD remains at a risk of...

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Mark Cuban Is Excited About Ethereum’s “Merge”

Mark Cuban is very bullish about Ethereum given that the crypto asset is about to undergo what many analysts and traders are simply referring to as “the merge.” Mark Cuban Is Happy About Ethereum’s New Direction The merge is a planned switch in protocols for the Ethereum network. Up to this point, ETH has largely operated – much like bitcoin – on a proof of work (PoW) module, though it’s now going to be changing to a proof of stake (PoS) module. This will largely reduce...

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Ethereum Price Analysis: ETH Could Rally To $4K

Ethereum price started a fresh increase from the $3,200 support zone against the US Dollar. ETH price is now trading above $3,400 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,420 on the 4-hours chart (data feed from Coinbase). The pair could continue to move up if it clears the $3,550 resistance zone. Ethereum price is gaining pace above $3,400 against the US Dollar. ETH/USD eyes more upsides if there is no...

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Bitcoin Shoots Up Again; Is a Bull Run Heading Our Way?

Bitcoin and several of its altcoin cousins appear to have jumped back into action over the past few days. BTC – the world’s number one digital currency by market cap – is trading for just under $50,000 per unit, and many analysts think if the currency can move beyond this number and stay there for some time, a major bull run could be heading our way. Bitcoin Is Exploding Again If bitcoin hits $50,000, it will be the first time such a feat is accomplished since December...

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Vitalik Buterin Isn’t Crazy About NFTs

Vitalik Buterin – known for his role in creating Ethereum, the largest altcoin on the market and arguably bitcoin’s biggest competitor – isn’t a huge fan of non-fungible tokens or NFTs, as they’re called for short. In a recent interview, he warned against NFTs and claimed they were “dystopian.” Vitalik Buterin Doesn’t Like How Big NFTs Have Become Ethereum is largely responsible for giving way to NFTs. These tokens require smart contracts, which up to one point, was...

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Bitcoin Experiences a Nice Little Jump

Bitcoin has shot up along with several of its altcoin cousins. After spending the last month or so locked in the doldrums, the world’s number one digital asset by market cap has suddenly surged to a moderate position. Bitcoin Seems to Be on the Rebound At the time of writing, bitcoin is trading for over $45,000 per unit. This may not sound like much when compared with the highs the currency has hit in the past year or so. However, it’s good news for traders in that...

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