Tag Archives: Ethereum (ETH) Price

Ethereum increased by a small 1.62% over the past 24 hours as it reached $238.The cryptocurrency remained above a rising trend line this weekend, which kept the uptrend intact.Against Bitcoin, Ethereum rebounded from the 0.0253 BTC level to reach 0.026 BTC today.ETH/USD: Bulls Defend Rising Trend Line To Keep Bull Run AliveKey Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265.Last week, ETH dropped from the $245 resistance, which caused it to fall into the rising support...

Proof of Work, a consensus mechanism, has proved to be the backbone of some of the leading and widely-adopted blockchain networks. These include Ethereum, Litecoin, and, of course, Bitcoin.Many from the blockchain industry have wondered how come Proof of Work (PoW) remained so resilient over all these years. Some are even baffled by its resilience as it has withstood a long list of challenges like growth, performance, and security issues over the years.Key Takeaways From 5 Years of PoWThe...

While Bitcoin remains relatively calm in its comfort price territory, lots of alternative coins have been fluctuating significantly. Decentralized finance (DeFi) and some prominent developments from several projects initiated serious price increases for various altcoins, and given the decrease in Bitcoin’s dominance, a new altcoin season booms.Chainlink (LINK) continues to impress with its performance, marking new all-time high records one after the other. With that in mind, let’s have a look...

The highly anticipated upgrade from ETH 1.0 to ETH 2.0 has been in the pipeline for a couple of years now. The initial phase, Beacon Chain, has been running full nodes on testnet since May, and staking rewards are being paid out to validators testing the new platform.The mainnet launch is unlikely to happen until later this year at best or even early 2021. A recent report has taken a deep dive into the economics of ETH 2.0, and it appears that many holders of the world’s second-largest...

Ethereum saw a sharp 3% price drop today as it falls to the $230 level.This price decline has put ETH in danger of breaking beneath a rising trend line and turning bearish.Against Bitcoin, Ethereum fell lower from the 0.0263 BTC resistance to reach 0.0253 BTC again today.ETH/USD: ETH Bears Push Into Trend Line SupportKey Support Leves: $225, $215, $210.Key Resistance Levels: $245, $250, $265.Looking at the daily chart, we can see that ETH struggled to break the resistance at $245 this week...

Ethereum saw a small 1.6% price drop today as the coin reached the $240 level.Earlier in the week, ETH hit the $250 level but was unable to overcome it, which caused it to fall to $240.Against Bitcoin, Ethereum has traded in a range between 0.026 BTC and 0.026 BTC this past week.ETH/USD: Ethereum Bulls Retreat From $250Key Support Levls: $240, $225, $215.Key Resistance Levels: $250, $265, $274.At the start of July, Ethereum bounced higher from the support at $225 to reach the resistance at...

Ethereum saw a 2.2% price decline today as it dropped from $250 level to hit $240 today.Earlier in the week, ETH rebounded from the strong $225 support, which allowed it to start to climb toward $250 this week.Against Bitcoin, Ethereum created a fresh 3-month high after breaking above 0.026 BTC to reach 0.0263 BTC.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $250, $265, $274.ETH/BTC:Support: 0.026 BTC, 0.0245 BTC, 0.0239 BTC.Resistance: 0.0263 BTC, 0.0266...

Bitcoin and most altcoins have retraced slightly in the past 24 hours, after a few days of gains. Interestingly, similar price fallbacks are visible in the traditional stock markets, as the Dow Jones is down by 1.4%.Bitcoin’s False BreakoutAfter the unsuccessful attempt to conquer $9,500, Bitcoin hovered above the significant 50-MA level at $9,300. However, the primary cryptocurrency has since slipped below it as it went from $9,440 to its current position at $9,150 in a few hourly candles....

Ethereum saw a 1% price hike over the past 24 hours as the coin reached $240.The cryptocurrency rebounded from the strong support at $225 as it edges toward $250.Against Bitcoin, Ethereum finally managed to break the strong resistance at 0.0253 BTC.Key Support & Resistance LevelsETH/USD:Support: $225, $215, $210.Resistance: $245, $250, $265.ETH/BTC:Support: 0.0253 BTC, 0.025 BTC, 0.0243 BTC.Resistance: 0.026 BTC, 0.0263 BTC, 0.0266 BTC.ETH/USD: Ethereum Bulls Set Sights For $250...

After failing to reclaim the $9,300 mark yesterday, Bitcoin’s price went on a negative spiral down to $8,950 on some exchanges.As it typically happens, most alternative coins followed the adverse move and have charted losses in the past 24 hours.Bitcoin Dips Below $9kAs reported yesterday, the primary cryptocurrency made an indecisive attempt to reconquer the $9,300 level. Although it failed, the asset managed to hover around $9,200.In just a few hourly candles, however, BTC went on a sharp...