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Tag Archives: Ethereum

Ethereum Price Analysis: ETH Breaks Key Hurdle, Aims New ATH

Ethereum price gained bullish momentum and cleared the $1,250 resistance against the US Dollar.ETH price is currently trading well above $1,300 and the 55 simple moving average (4-hours).There was a break above a major contracting triangle with resistance near $1,250 on the 4-hours chart (data feed from Coinbase).The pair is eyeing an upside break above the $1,380 and $1,400 resistance levels.Ethereum price is trading in a bullish zone above $1,250 against the US Dollar. ETH/USD is likely to...

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Defi Tokens Are Continuously Outshining Bitcoin

Bitcoin is trading for just over $36,000. Despite a recent $4,000 drop, the asset is still considered to be doing well by analysts and industry experts alike. However, the cryptocurrency is once again being outdone by several smaller coins, particularly those in the decentralized finance (Defi) space.Defi Is Seriously Outdoing the Ranks of BitcoinBitcoin has added roughly 300 percent to its price over the past year. It is the largest and most popular cryptocurrency by market cap, and has thus...

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Ethereum Price Analysis: ETH Holding Uptrend Support, $1,130 Is The Key

Ethereum price declined heavily after trading to a new yearly high at $1,350 against the US Dollar.ETH price is currently trading well above $1,000 and the 55 simple moving average (4-hours).There is a crucial bullish trend line forming with support near $920 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher if it clears the $1,125 and $1,130 resistance levels in the coming sessions.Ethereum price is recovering nicely from the $920 zone against the US...

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Move Over BTC; Ethereum Is Outdoing Bitcoin’s Gains By a Mile

It’s quite easy to get caught up in the bitcoin hype. After all, the currency is the face of the digital asset market and presently serves as the largest cryptocurrency by market cap. With its recent jump to roughly $40,000 per unit and the establishment of a new all-time high, it’s hard not to keep our focus and attention on it, but we can’t turn our backs on Ethereum or any of the world’s other high-ranking digital assets, many of which are putting bitcoin’s sudden surges to shame.Ethereum...

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Bitcoin Takes a Hit; Loses About $2,000 from Recent High

Bitcoin has taken a huge step back. While it was able to surpass the $33,000 mark yesterday and attain a new all-time high, it appears that the currency is now undergoing a bit of a correction. Either that or its recent spike was too much at once. In any case, the currency is now trading for just over $31,000, meaning it has lost about $2,000 in just under two days.The Bitcoin Price Has Fallen a BitThis is a major dip considering how strong bitcoin has been over the past few months, though to...

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Ethereum Price Analysis: ETH Surging, More Upsides Likely Above $1,100

Ethereum price started a strong surge above $850 and $1,000 against the US Dollar.ETH price is currently trading well above $1,000 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $800 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards $1,150 and $1,200 in the coming sessions.Ethereum price is up over 30% in a few days and it broke the $1,000 level against the US Dollar. ETH/USD is consolidating...

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Ethereum Price Analysis: ETH Correcting Gains, $680 Holds The Key

Ethereum price gained pace above $700 and traded to a new 2020 high at $748 against the US Dollar.ETH price is currently correcting lower below the $720 support, but it is above the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $680 on the 4-hours chart (data feed from Coinbase).The pair is likely to find a strong buying interest near the $680 and $670 support levels.Ethereum price is slowly losing bullish momentum below $720 against the US...

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BTC Is Doing Well, but Not as Well as Leading Altcoins

Bitcoin, at the time of writing, is trading for just shy of $24,000 per unit. The world’s most popular and most powerful digital currency is making its way up the financial ladder like it never has before, but despite the mega surges the cryptocurrency has encountered, they are nothing compared with the monster jumps being experienced by some of the world’s smaller, yet leading altcoins, some of which include Ethereum, Stellar, Ripple’s XRP and Litecoin.Altcoins Are Taking the StageRight now,...

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Ethereum Price Analysis: ETH Likely To Extend Losses Below $600

Ethereum price started a fresh decline from the $670 resistance zone against the US Dollar.ETH price is currently trading below the $628 support and the 55 simple moving average (4-hours).There was a break below a major contracting triangle with support near $627 on the 4-hours chart (data feed from Coinbase).The pair is consolidating losses above $600, but there are chances of more downsides in the near term.Ethereum price is slowly gaining bearish momentum below $628 against the US Dollar....

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Vitalik Buterin: Digital Wallets Can Break Quite Easily

Vitalik Buterin – the Canadian-Russian crypto entrepreneur widely credited for bringing Ethereum, the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin to the digital market – has warned traders and digital asset enthusiasts everywhere that virtual wallets aren’t as safe as they could be. He’s now pushing for the simplification of digital currency wallet technology, which he believes is not always kind to first-time traders and crypto holders.Vitalik...

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