Tag Archives: Ethereum (ETH) Price

Ethereum has stolen the show in the past few days price-wise as the asset surged to a new all-time high at around $2,150 (as of writing these lines). While this may be surprising to some, on-chain data reveals the rapidly growing adoption of the network behind the second-largest cryptocurrency with new records for active addresses. Network Activity Behind ETH’s Latest ATH? The date was March 24th, and a market-wide correction wiped billions off the entire crypto space....

Ethereum has been on a roll in the past week or so by gaining over $500 of value. This has resulted in a new all-time high reached today of over $2,080. Just a little over a week ago – on March 24th – ETH dropped to a low of $1,520 during a market-wide retracement that drove all crypto assets south. However, the second-largest crypto has decisively reversed the trend since then. In the following nine days, ether added about $500, which led to breaking above $2,000 earlier...

This week was undoubtedly bullish in the cryptocurrency market. The major coins saw serious increases. The same is true for small-cap cryptocurrencies, as the notion of a booming altcoin season is strengthening. Bitcoin Bitcoin is up by a strong 15.8% this week as the cryptocurrency starts to push back toward the $60,000 level. It found support at the 50-day MA last week, at around $50,200, and started to rebound. Throughout the course of the week, Bitcoin managed to push...

In a report exploring one of the most discussed topics within the community, namely the high fees on the Ethereum network, CoinMetrics indicates that the costs now are roughly two-times higher than during the 2017/2018 run.However, the paper warned that the upcoming EIP-1559 upgrade might not solve the issues.Ethereum Fees: Then and NowThe Ethereum blockchain is arguably the most widely-utilized network in the cryptocurrency space. However, being the underlying technology of the two hottest...

Following another dip to $54,000, bitcoin has bounced off and has added over $2,000 of value. Some altcoins have registered even more impressive gains in the past 24 hours, led by Binance Coin’s 9% surge to $275.BTC Retakes $56KAfter the mid-week price slump when it dropped from over $57,000 to a three-week low of just above $50,000, bitcoin has been gradually increasing in value.Even the fears that the record $6 billion worth of options contracts that expired on Friday would insert enhanced...

It was a tough week in the cryptocurrency market as the majority of it is in the red. The big exception this week is THETA which skyrocketed and found a place in the top 10.BitcoinBitcoin is down by a total of 8% over the past week of trading as the cryptocurrency currently trades at $53,330. It attempted to break resistance at $60,000 last weekend but failed. As a result, it started to head lower on Sunday and went on to break beneath the March ascending trend line on Monday.After that,...

Institutions taking profits and rising interest rates have pushed bitcoin down in the past week, said the Director of Research at Forbes Crypto – Steven Ehrlich.Simultaneously, he outlined Ethereum’s growing adoption among institutions and the role it plays behind DeFi and NFT as the main reasons why ETH has outperformed BTC last year and continues to do so in 2021.Bitcoin’s Run Is in Exhaustion PhaseEver since October 2020, the primary cryptocurrency has been on a roll that saw its price...

ETH/USD – Bulls Rebound From Early January Trend LineKey Support Levels: $1652, $1610, $1527.Key Resistance Levels: $1755, $1800, $1875.Over the past week, Etheruem had been trading within a range between $1875 and $1755. This range was penetrated toward the downside on Monday as the coin dropped beneath $1700 to reach support at $1652.This support was further bolstered by an ascending trend line that dates back to early January. After hitting this support, Ethereum bounced higher to climb...

ETH/USD – Market Is Rangebound This Past Week.Key Support Levels: $1750, $1695, $1620.Key Resistance Levels: $1800, $1875, $1900.Ethereum has been fairly static over the past week of trading as the cryptocurrency remained trapped between a range of $1875 and $1750 for the past eight days. It attempted to break the upper boundary of this range over the weekend but failed to overcome the resistance and has since dropped into the lower boundary today.Before establishing this range, Ethereum was...

We saw a rollercoaster of price action over the past seven days as Bitcoin went to set a new all-time high slightly below $62K, only to retrace to about $53K a couple of days later. Most of the altcoins followed suit, though some came out of it better than others.BitcoinBitcoin is up by a small 2% over the past week as it trades at the $59,000 level. The cryptocurrency had surged higher last weekend to set a new ATH at $61,781. It was trading inside an ascending price channel for the majority...