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Tag Archives: ethereum price

A Wild Ride: Ethereum (ETH) Price Is Down 90% From ATH, But Up 5000% Since Inception

Cryptocurrencies, being relatively new, are getting more and more attention as potential investing tools. People within the community are often discussing prices and how each coin they have invested in could skyrocket, thus providing them good returns.While some might be thinking that ETH’s current price is around $145 and its all-time high was at close to $1400 – that’s a devaluation of 90% in less than two years. However, by checking Ethereum’s launch, it actually provides a return...

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Ethereum Price Analysis: ETH Creates Fresh December Low At $140, More Pain Coming?

Ethereum dropped back beneath the $150 level to create a fresh low for December at $140.The cryptocurrency trades strong against BTC as it remains above 0.02 BTC.It has dropped by a steep 22% this month as the bears keep their strong grip on momentum.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...

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Ethereum Price & Technical Analysis: Nothing Stops ETH from Declining

By Dmitriy Gurkovskiy, author of RoboForex Blog.ETH/USD tech analysisETH outplayed the BTC in the new crypto ratingIstanbul hardfork did not influence the ETH priceOn W1, the situation remains the same: the market is forming a descending impulse to the minimum of $80.86. In a longer perspective, the main goal of the predominant trend should be the psychological minimum $10.0.On the MACD and Stochastic, further decline is also confirmed. However, care should be taken on the market and all...

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Positive Correlation Found Between ETH Price Pumps And New Ethereum Addresses

According to a popular monitoring resource, the number of new addresses on Ethereum’s blockchain shares a very similar pattern with the ETH price most of the time. Lately, however, the price is taking the lead.Correlation: ETH Price And New Ethereum AddressesThe popular cryptocurrency monitoring resource TokenAnalyst has presented interesting findings regarding the number of new addresses on Ethereum’s blockchain and their correlation to ETH’s price.We were playing around with our API and...

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Ethereum Price Analysis: Can ETH Finally Break Above $150?

Ethereum saw a small increase of 1% as it attempted to regain ground back above $150.ETH is poised to break beneath the 2-month long symmetrical triangle.The bulls must break above $158 to start a short term bull run.Key Support & Resistance LevelsETH/USDSupport:  $145, $140, $133.50Resistance: $158.60, $165, $175, $185.ETH/BTC:Support: 0.01966 BTC, 0.019 BTC, 0.01850 BTCResistance: 0.020 BTC, 0.021 BTC, 0.0215 BTC, 0.0223 BTCETH/USD: The Downtrend Seems To Continue Since our last...

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Ethereum Price Analysis: After Breaking Below $150, Can ETH Recover?

SummaryEthereum witnessed disastrous two weeks of trading after dropping by a steep 22% and falling towards the $146 level.The cryptocurrency is trapped within a symmetrical triangle against Bitcoin.Ethereum looks to be shaping up for a rebound as the Stochastic RSI is primed for a bullish crossover on both USD and BTC charts.Key Support & Resistance LevelsETH/USDSupport: $130, $120, $105.Resistance: $160, $170, $180ETH/BTC:Support: 0.020BTC, 0.0195BTC, 0.0190BTC.Resistance: 0.021BTC,...

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Ethereum Price Analysis: ETH Slips Below $180 But Bulls May Be Plotting a Comeback

Ethereum has seen a small increase of 0.45% over the past 24 hours and it currently trades at $177.46. Over the past week, ETH dropped by a total of 5.58%, falling beneath the short term consolidation pattern that it was previously trading within.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $19.26 billion. Looking at the ETH/USD 1-day chart:Since our last analysis, ETH dropped beneath the symmetrical triangle and fell into the current support at $176.19,...

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Led by Bitcoin, Crypto Market Prices Continuously Falling

Bitcoin seems to continue this week’s losses. After yesterday’s sell-off, crypto markets continued to fall and Bitcoin price fell below the $8,200 threshold. At the time of writing it was still in the fall by 4.81% to $8,148.80.The correction of the market is more than obvious because, at the time of writing, all 30 biggest coins were declining with major losses. But, not to get too pessimistic, it only means that in last month Bitcoin price is mostly flat. Some analysts think this fall could...

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What Will Be the Major Direction for Ethereum (ETH) in 2020?

At the time of writing, Ethereum was trading close to 1% at its current price of $ 185, a slight increase from its $ 182 low yesterday.The recent volatility of the cryptography markets has led ETH price action of large exchange rate chains like Ethereum to form a close correlation with that of Bitcoin, which means that the aggregated market has plunged into a phase of lateral trading overtime in last days.The situation remains tense and with a clear downward movement of Ethereum prices,...

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Ethereum Price Analysis: ETH Fails To Break $190 Yet Again, Bulls Running Out Of Steam?

Ethereum has been very stagnant this past week, moving only by a small 0.3%. The cryptocurrency now trades at a price of $189. Ethereum has been trapped within a short term consolidation pattern because of which it only increased by a small 4% over the past 30 days.Ethereum remains the second-largest cryptocurrency as it holds a market cap of $20.28 billion. Looking at the ETH/USD 1-day chart:Since our previous ETH/USD analysis, the cryptocurrency couldn’t break above the resistance at the...

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