Tag Archives: Ethereum (ETH) Price

The cryptocurrency market experienced a massive nosedive today. $80 billion from the total capitalization were evaporated as Bitcoin plummeted below $17,000, while the altcoins had it even worse with notable double-digit price drops.The Red Sea Among The AltcoinsThe alternative coins enjoyed the past few weeks with some remarkable increases. This led to yearly records for many altcoins, including Ethereum reaching $620 and Ripple at nearly $0.90.However, the situation changed suddenly in the...

Ethereum is currently retracting sharply from its previous and 30-month peak of $620. Even with a decline of around $100 to today’s prices of $525, ETH is still up over 300% since the beginning of the year.The confirmed genesis of the long-awaited Beacon Chain, which is Phase 0 of the even longer awaited Serenity ETH 2.0 upgrade, has no doubt driven momentum but it is not the only strong point for Ethereum.Over 5 Reasons to be Bullish on EthereumDTC Capital’s Spencer Noon has pulled out a few...

ETH/USD – Ethereum Pulls Back From $620 ResistanceKey Support Levels: $580, $560, $550.Key Resistance Levels: $600, $620, $650.Ethereum cooled off from the 33% price hike it witnessed over the past week, which allowed the coin to break $600 and surge as high as $620. There, it ran into resistance at a 1.414 Fib Extension and was unable to penetrate above it.ETH has since dropped slightly to trade near the $600 level. The buyers are attempting to defend $600. However, a pullback looks...

Bitcoin’s volatility continued over the weekend with a few $1,000 moves taking it from a high of $18,800 to $17,700 and back. The altcoins, however, have kept their recent momentum going and have reduced BTC’s dominance over the market to about 63%.Bitcoin’s Volatile WeekendThe primary cryptocurrency displayed increased signs of volatility during the weekend. It started with charting a fresh yearly high on Saturday at nearly $19,000.After coming just inches away from breaking the 2017...

While Bitcoin briefly dabbled with $19k on Saturday, it found resistance there and has retreated a couple of percent to the mid-$18k range. Ethereum on the other hand has kept the momentum running and has powered to its highest price since June 2018.The green candles for Ethereum just keep coming as it surged from just over $500 on Saturday morning to top out at $585 by Monday morning.Over the past seven days, Ethereum has cranked 26% from around $460 this time last Monday. Since the...

ETH/USD – Ethereum Returns To June 2018 Price LevelsKey Support Levels: $550, $521, $500.Key Resistance Levels: $580, $600, $620.Ethereum broke the $500 level for the first time in 2020 last Friday as it surged into the $511 resistance. Yesterday, the bulls continued to drive ETH even higher as they closed the day slightly above the $548 resistance (bearish .618 Fib Retracement).Today, after a retest of the same $511 resistance turned support level, the bulls penetrated $550 to reach as high...

After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap.Bitcoin Slows Down After Doule-Top At $19KBTC’s latest impressive price developments led to a notable leg up yesterday and yet another fresh yearly high. This time, the asset...

BitcoinBitcoin went through another powerful 15% price surge this week, which saw the cryptocurrency climbing over $18,000 and reaching as high as $18,800. It was trading at $16,400 last Friday, and it struggled to break this resistance over the weekend.This change on Monday, when Bitcoin started to surge higher. It quickly managed to push above $17,000 and break the resistance at the 2018 High at $17,186. The bull run continued higher throughout the week until resistance was found at around...

After failing to tap the $500 mark two days ago, ETH woke up from its slumber with jetpacks mounted on its back. The cryptocurrency rallied vertically and just smashed the $500 resistance against the US Dollar after more than 2 years of trading at the said rates. This comes amid a rising trend of Ethereum searches on Google.Ethereum’s ETH Soars Straight Up To $500It seems ETH bulls are no longer in the mood to remain in the sub-$500 zone, as a bout of galvanizing price action pushed the...

After exploding to new yearly highs and displaying extreme volatility levels, Bitcoin has retraced beneath $17,500. Most alternative coins have followed suit, and the market capitalization has fallen below $500 billion.Bitcoins Tanks To $17,500The past several days have only exemplified Bitcoin’s impressive run in Q4 2020. The primary cryptocurrency was struggling beneath $16,000 for a bit before initiating a remarkable leg up that resulted in new records.BTC painted a new yearly high –...