Tag Archives: Ethereum (ETH) Price

ETH/USD – Bulls Start Recovery Above 20-day EMAKey Support Levels: $1600, $1500, $1465.Key Resistance Levels: $1700, $1764, $1800.Ethereum is starting to recover from last week’s downtrend in which it fell from above $1900 to reach as low as $1290 (.5 Fib Retracement). The coin found solid support at $1425 over the past few days and started to push higher from there.Today, the 7% price surge allowed Ethereum to bounce from $1500 and break above $1600 to reach as high as $1658. It is now...

ETH/USD – Market Returns To January 2018 Previous ATHKey Support Levels: $1400, $1291, $1250, $1200.Key Resistance Levels: $1400, $1465, $1500, $1600.Ethereum is now down by a total of 30% over the past seven days of trading. The cryptocurrency had spiked above $2000 only last week as it hit the upper boundary of the following marked ascending price channel. From there, the coin retraced, broke down the price channel and lost over $600 of its value.It happened on Monday, that ETH price closed...

The veteran US-based cryptocurrency exchange Kraken is reportedly in talks to raise more than $5 billion and double its valuation to over $10 billion. Some of the giant names potentially participating in the latest funding round include Fidelity, General Atlantic, and Tribe Capital.Kraken to Increase its Valuation to $10B?Based in San Francisco, California, Kraken is among the oldest cryptocurrency exchange with nearly ten years of experience. The company could be on its way to more than...

Following more adverse developments in which BTC dipped to $44,000 as of yesterday, the asset has reclaimed some ground by overtaking the $47,000 mark. Most altcoins have also taken a breather after the latest beating, with Cardano and Polkadot exploding with double-digit percentages.Bitcoin Recovers $3K After Hitting 2.5-Week LowThe working week didn’t go well for the BTC bulls as the asset plummeted by more than $13,000 in the first few days. After dropping to $45,000, the cryptocurrency...

This week saw a serious correction throughout the entire cryptocurrency market. Bitcoin lost, at one point, about $13,000 of its value as it went through one of the most serious declines since the start of the current bull run. With this said, we take a look at the following cryptocurrencies.BitcoinBitcoin has seen a turbulent week in which the price dropped to the current $48,000 level. The cryptocurrency was trending higher last week to set a new ATH price above $58,000.However, on Sunday,...

ETH/USD – Market Falls Of Out Rising Pirce ChannelKey Support Levels: $1465, $1425, $1358.Key Resistance Levels: $1600, $1681, $1700.Yesterday, Ethereum dropped to $1550 but quickly recovered by the end of the day to close the daily candle just beneath $1800. Today, the market tumbled again and declined by another 10% to reach the current $1550 level.Ethereum had slipped further earlier in the day, reaching a low of $1358 before recovering to its current rate. The support here was provided by...

While ETH’s price has fallen by double-digit percentages in the past few days, the Ethereum network has experienced yet another set of scaling issues of its own. The average transaction costs on the blockchain have surged to a fresh all-time high, while users complain about significant delays as well.Ethereum Fees to New RecordsCryptoPotato reported in early February that the average gas fees paid on the Ethereum network had spiked to a new record of above $22. In the following weeks, they...

Today’s correction has been the biggest one we’ve seen in quite some time, reminding many that ‘up only’ isn’t always true. While most cryptocurrencies saw serious declines, but Ethereum’s price on Kraken’s exchange definitely went through a roller coaster.Ethereum Flash-Crashes to $700 on KrakenKraken is one of the leading US-based cryptocurrency exchanges, and it even received a banking charter from the Wyoming Banking Board.This, however, played a little role today as its platform saw...

ETH/USD – Market Rolls OverKey Support Levels: $1760, $1681, $1600.Key Resistance Levels: $1875, $1960, $2000.Ethereum suffered a steep 10% price drop today as it plummets into the $1760 level. The cryptocurrency has been trading within an ascending price channel for the entire period of 2021.ETH had pushed higher over the weekend as it managed to break resistance at $2000 and reach the upper boundary of the price channel. Unfrotenutaly, the bulls could not close a daily candle above...

The cryptocurrency market is well-known for its intense price fluctuations, and the past 24 hours provided more proof. With BTC and most altcoins charting double-digit moves in both directions, this resulted in $1.74 billion liquidated on exchanges.The primary cryptocurrency had just painted a new all-time high (at the time) of about $57,600 before a vigorous correction drove the asset down to a low of $54,000 in a matter of minutes yesterday. BTCUSD. Source: TradingViewAs it typically...