Most people enter the cryptocurrency market with the sole purpose of making profits by investing, trading, or hodling. This is quite understandable, and for them, prices are the most crucial factor. Furthermore, they can get into real in-depth details to notice some positive or negative changes in the last day, week, month, or even a year.One of the interesting things to consider is whether there is a correlation between the number of active addresses and the prices of different...
Read More »Ethereum Price Analysis: At $130, ETH Is At A Crossroad, Will The Bulls Finally Wake Up?
Ethereum has seen a small 3% price increase over the past 7 days as it trades at the $130 level.Against BTC, ETH still is struggling to break above the resistance at 0.01820 BTC.Ethereum must break above $135 to turn bullish.Key Support & Resistance LevelsETH/USDSupport: $128, $120, $118.Resistance: $133.50, $145, $152.ETH/BTC:Support: 0.0171 BTC, 0.0169 BTC, 0.0164 BTC.Resistance: 0.0179 BTC, 0.0184 BTC, 0.019 BTC.ETH/USD – ETH Still Struggling To Break $133.50 Since our last analysis,...
Read More »Ethereum Price Analysis: At $130, ETH Loses Steam Against Bitcoin, What’s Next?
Ethereum slipped by a further 5% this week, bringing the price for the cryptocurrency down to the $130 level.ETH created a fresh 3-month low against BTC today after dropping beneath the 0.0175 BTC support.The cryptocurrency has now lost a steep 30% this past month.Key Support & Resistance LevelsETH/USDSupport: $128, $120, $118.Resistance: $133.50, $145, $152.ETH/BTC:Support: 0.0171 BTC, 0.0169 BTC, 0.0164 BTC.Resistance: 0.0179 BTC, 0.0184 BTC, 0.019 BTC.ETH/USD: ETH Struggles To Break...
Read More »Crypto Price Analysis & Overview December 20th: Bitcoin, Ethereum, Ripple, Litecoin, and Binance Coin.
BitcoinBitcoin went through a rollercoaster of price action this week. On Monday, the cryptocurrency started to fall, and it dropped by a total of 10% by Tuesday to reach a low of $6,430. However, after that, it rebounded higher, gaining a total of 15% to climb back above the $7,000 level and reach the current support of $7,125.If the buyers continue to drive the coin higher, an initial resistance is expected at $7,400. Above this, resistance lies at $7,686 (bearish .382 Fib Retracement), and...
Read More »Ethereum Price Analysis: ETH Collapses To $130 And It Doesn’t Look Good
Ethereum fell by a steep 7% this past day, causing it to break below the previous range-bound condition.ETH slipped beneath a symmetrical triangle against BTC as it tumbled below 0.02 BTC.The cryptocurrency has now lost a steep 30% this past month.Key Support & Resistance LevelsETH/USDSupport: $145, $138.80, $133.50Resistance: $152, $158.60, $165, $170.ETH/BTC:Support: 0.0196 BTC, 0.019 BTC, 0.0184 BTCResistance: 0.020 BTC, 0.021 BTC, 0.0215 BTC, 0.0223 BTCETH/USD: ETH Creates Fresh...
Read More »Cryptocurrency Market Cap Loses $6 Billion As Major Altcoins Paint Red: Tuesday Market Watch
The cryptocurrency market doesn’t appear to be in the best of shape. Most cryptocurrencies are losing large chunks of value in the last 24 hours, and the total market capitalization has dropped with $6 billion in a few days to the current level of $187 B.The second-largest cryptocurrency, Ethereum, is among the worst-performing altcoins. ETH lost over 7% during the last day, and it’s currently trading at $132. Its latest hard fork, called Istanbul, was released a week ago, but it doesn’t seem...
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