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Tag Archives: Ethereum (ETH) Price

Ethereum (ETH) Price Rallies Above $420 as Total Value Locked in DeFi Hits $5 Billion

Ethereum’s native cryptocurrency, Ether has experienced an explosive price action in the last few hours. ETH surged by more than 8 percent to move past the $420 price mark breaking out of a week-long consolidation.Also, the Ethereum based decentralized finance ecosystem just registered a new milestone. The total USD value locked in DeFi hit the $5 billion mark.ETH Regains Position Above the $420 Level After 2 YearsIn a thunderous bout of volatility, ETH jumped by more than 8 percent to...

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$400 Is Getting Away From Ethereum Following BTC’s Recent Decline (ETH Price Analysis)

Following Bitcoin’s price plunge from earlier today, Ethereum dropped to $365 before a decent recovery above $380.The cryptocurrency attempted to break above resistance at $400 this week but failed to do so, as of now.Against Bitcoin, Ethereum maintained the critical support at 0.0326 BTC.ETH/USD – Bulls Fail To Overcome $398 – $400 Resistance AreaKey Support Levels: $380, $370, $350.Key Resistance Levels: $400, $408, $430.Over the past 5-days of trading, ETH made several attempts, trying to...

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Positive Ethereum Interactions Through The Roof After ETH’s Price Surge

Following the latest developments and price movements from Ethereum, the second-largest cryptocurrency by market cap has seen its weighted social sentiment turn significantly more positive to reach a fresh all-time high. Twitter Loves Ethereum According to data from the popular analytics company Santiment, Ethereum’s so-called weighted social sentiment has been increasing in positivity lately. Essentially, this metric takes into consideration the positive and the negative...

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Average Ethereum Fees Surge to $3 on High DeFi Demand

Anyone that has used Ethereum for anything recently will have noticed a surge in gas fees. The DeFi boom of 2020 is largely responsible for this as demands on the creaking network increase. Ethereum and ERC-20 tokens make up the foundations of DeFi, and it has become painfully evident that the network cannot take the load.Average Ethereum fees have surged to just under $3 as of August 10, according to Bitinfocharts.com. Aside from a spurious spike in June, this is the highest they have been...

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ETH Price Skyrockets 15% to $450 on Uniswap Following One $18-Million Transaction

Following what appears to be the actions of a single whale, the price of ETH skyrocketed to just under $450 according to the Uniswap v2 ETH/USDC price ticker in late trading on August 10. This represented an increase upwards of 15%.The trade involved a series of swaps totaling almost $18 million in USDT to purchase just over 40,000 ETH. Within a couple of hours, the price of Ethereum had returned to its range-bound channel at around $395.ETH/USD Chart, Uniswap V2. Source: UniswapRealt...

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Ethereum Closing Down On $400 a Matter Of Time? ETH Price Analysis

Ethereum saw a small 1.7% price increase today as the coin reached the $395 level.The cryptocurrency has struggled to break above $398 for the past four days.Against Bitcoin, Ethereum continues to remain supported at the 0.0326 BTC support.ETH/USD: Bulls Halted By $398 ResistanceKey Support Levels: $380, $370, $350.Key Resistance Levels: $400, $408, $430.Ethereum had surged by a total of 65% over the past 30-days of trading, which allowed the coin to reach as high as $408 last week. It had...

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Bitcoin Welcomes $12,000 As Market Cap Gains $9 Billion Today

Bitcoin is heading upwards again with another attempt to conquer the $12,000 mark. The altcoin market is also very volatile as Chainlink painted another all-time high.Bitcoin Tries $12KAfter the mostly calm weekend, Bitcoin decided to act and aimed at a familiar target. The primary cryptocurrency went from yesterday’s low at $11,550 to $11,750 in a few hourly candles before surging to $12,050.It has retraced slightly since then and is currently hovering just below the $12,000 mark. So far,...

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Following Today’s Action Will ETH Finally Close Above $400? (Ethereum Price Analysis)

Ethereum saw a 3.4% price rise today as it hit the $389 level.The cryptocurrency had reached as high as $408 earlier in the week and went on to drop into the $380 support.Against Bitcoin, Ethereum fell lower from the 0.035 BTC resistance but found strong support at 0.0326 BTC.ETH/USD: Bulls Set Targets To Breach $400 AgainKey Support Levels: $370, $350, $321.Key Resistance Levels: $400, $408, $420.Ethereum has seen a strong 8% price increase over the past seven days of trading, which allowed...

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Crypto Price Analysis & Overview August 7th: Bitcoin, Ethereum, Ripple, Tezos, and Elrond

BitcoinBitcoin saw a 5% price rise this week as it reached the $11,750 level. The cryptocurrency started the week at the $11,400 level as it pushed higher into $12,095 on August 2nd. From there, Bitcoin experienced some major volatility as it dropped by $1,400 in just a few minutes to fall into the $10,575 (.5 Fib Retracement) level.Bitcoin rebounded from there and started to grind higher again over the week as it reached the $11,750 level today.Looking ahead, if the buyers push higher, the...

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Bitcoin Unable To Break $12k While Bitcoin Cash (BCH) Joins the Party (Market Watch)

Bitcoin continued heading upwards, but it couldn’t challenge the $12,000 line. Bitcoin Cash’s 10% increase is among the most impressive from the larger-cap alts, while some lower-cap altcoins have been surging by double-digits.Bitcoin Aims At $12,000Bitcoin was steadily progressing towards $12,000 in the past 24 hours. After yesterday’s low of $11,580, bulls took charge and spiked BTC’s price to a daily high of $11,910 on Bitstamp. However, the primary cryptocurrency couldn’t sustain its run...

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