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Tag Archives: Ethereum (ETH) Price

ETH Bulls Struggle at $630 As Bitcoin Continues to Dominate Altcoins (Ethereum Price Analysis)

ETH/USD – Ethereum Bullish Momentum Ready For Another Push HigherKey Support Levels: $600, $580, $556.Key Resistance Levels: $637, $650, $665.Ethereum found support at the .5 Fib Retracement around $580 on Wednesday, which allowed it to rebound and remain above a 2-month-old rising trend line. From there, ETH pushed higher to reach $630 yesterday.Today, ETH dropped marginally as it trades around $621. It will need to break above $637 for the bull run to restart.ETH/USD Daily Chart. Source:...

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Crypto Price Analysis & Overview December 25th: Bitcoin, Ethereum, Ripple, Binance Coin & Chainlink

BitcoinBitcoin saw a further 7.5% price surge over the past week, with today’s 5% price hike putting it at a new ATH of $24,660. The cryptocurrency had penetrated above  $20,000 on December 16th, and it continued to rise last week until it met resistance at $23,853 (1.618 Fib Extension – purple).The buyers struggled to break this resistance over the last few days as it went on to trade sideways between $23,853 and the support at $22,708 (.236 Fib Retracement).Bitcoin rebounded from the lower...

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ETH Retests $600 – Temporary Correction or Momentum Change? (Ethereum Price Analysis)

ETH/USD – Ethereum Rolls Over From 2020 HighsKey Support Levels: $600, $580, $556.Key Resistance Levels: $625, $650, $665.Last week, Ethereum surged higher after rebounding from $580 to break above $600 on the same day that Bitcoin penetrated $20,000. The coin continued to climb over the following few days but couldn’t break past the $675 resistance (long term .786 Fib Retracement).Over the weekend, ETH struggled to maintain itself above $650 and eventually rolled over to fall as low as $625....

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Crypto Price Analysis & Overview December 18th: Bitcoin, Ethereum, Ripple, Litecoin, and Bitcoin Cash

The last week saw the entire cryptocurrency market painted in green. Interestingly enough, Litecoin is the major altcoin that gained the most, with BTC following in second place. Unfortunately for XRP bulls, it failed to realize any substantial profits over the past seven days. BitcoinBitcoin saw an impressive growth over the past few days, resuming its long-term bullish trend with full speed. From around the $17,100 correction level, the leading cryptocurrency bounced back with roughly 25%...

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Litecoin Time: LTC Skyrockets Above $100 As Bitcoin Maintains $23K (Market Watch)

Following the massive surge towards a new all-time high of nearly $24,000, bitcoin dipped and calmed around $23,000. Some alternative coins, such as Litecoin and Ripple, have added value in the past day resulting in the total market cap tapping $670 billion.Bitcoin Paints A New ATH And Slides To $23KBitcoin consolidated around the $19,000 mark for a few days before initiating an impressive leg up that resulted in breaking a few records.Initially, the primary cryptocurrency breached above...

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ETH Skyrockets 12% To Highest Level Since May 2018, Is $700 Incoming? (Ethereum Price Analysis)

ETH/USD: Ethereum Resumes Bullish RunKey Resistance Levels: $700, $720, $750Key Support Levels: $636, $600, $538ETH/USD. Source: TradingViewFollowing Bitcoin, Ethereum finally resumed its bullish run after recording a substantial 18% increase in the past 7 days. It broke to a new yearly high (where it now trades around $666) with a 12% gains overnight. Because of this, its market cap is now up to roughly $75 billion, at the time of writing. This is also the highest price for ETH since May...

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CME Group Announces Ethereum (ETH) Futures: The Date Has Been Disclosed

The price of Ethereum (ETH) has surged past $600, following the latest increase in bitcoin’s price. However, another major stepping stone for its latest rally might be the fact that the Chicago Mercantile Exchange (CME) Group has announced plans to launch ETH futures.ETH Price Shoots Past $600The cryptocurrency market is in full charge mode today, and Ethereum doesn’t lag behind. ETH’s price has surged above $600, and it currently trades at around $617, charting an increase of about 5.5% on...

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Can ETH Clear $600 And Reignite The Bullish Bias? (Ethereum Price Analysis)

ETH/USD: Price Consolidates After A ReboundKey Resistance Levels: $600, $636, $700Key Support Levels: $530, $489, $450ETH/USD. Source: TradingViewEthereum saw a 2% increase over the past hours following recovery from $530 over the weekend. These gains have pushed the second largest coin by market cap to its current price of $586. ETH is likely to face critical resistance at $600.Volatility may be low at the moment but its bullish trend is still looking strong in the long-term. Meanwhile, the...

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Market Watch: Bitcoin Eyes $19,400 After Market Cap Gained $40 Billion The Past Weekend

After reclaiming the $19,000 bitcoin’s chances to break above $19,400 seem more likely. Most altcoins have slightly increased their value in a day, with Ethereum closing down to $600.Bitcoin Stays Above $19KFollowing last week’s roller-coaster that resulted in bitcoin dipping to $17,500 on two occasions, the primary cryptocurrency started to gain value during the weekend.CryptoPotato reported that the asset firstly overcame $18,000 before doing the same with the $19,000 level. In the past 24...

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Bitcoin Soars $1700 In 48-Hours: Trading Over $19K As Market Cap Gains $20B (Market Watch)

Just two days after bottoming at $17,500, bitcoin has recovered the losses and spiked back beyond $19K, as of writing these lines. Most major altcoins are also green, besides Ripple (XRP), which continues to drop in value following the Spark (FLR) airdrop snapshot.Bitcoin Soars Above $19,300: Overvalued?The primary cryptocurrency had a volatile past several days. Last Friday, just two days ago, It went from trading safely around the $19K mark to as low as $17,500.However, after Wall Street...

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