Ethereum price started a strong surge above $850 and $1,000 against the US Dollar.ETH price is currently trading well above $1,000 and the 55 simple moving average (4-hours).There is a major bullish trend line forming with support near $800 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards $1,150 and $1,200 in the coming sessions.Ethereum price is up over 30% in a few days and it broke the $1,000 level against the US Dollar. ETH/USD is consolidating...
Read More »Ethereum Price Analysis: ETH Correcting Gains, $680 Holds The Key
Ethereum price gained pace above $700 and traded to a new 2020 high at $748 against the US Dollar.ETH price is currently correcting lower below the $720 support, but it is above the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $680 on the 4-hours chart (data feed from Coinbase).The pair is likely to find a strong buying interest near the $680 and $670 support levels.Ethereum price is slowly losing bullish momentum below $720 against the US...
Read More »BTC Is Doing Well, but Not as Well as Leading Altcoins
Bitcoin, at the time of writing, is trading for just shy of $24,000 per unit. The world’s most popular and most powerful digital currency is making its way up the financial ladder like it never has before, but despite the mega surges the cryptocurrency has encountered, they are nothing compared with the monster jumps being experienced by some of the world’s smaller, yet leading altcoins, some of which include Ethereum, Stellar, Ripple’s XRP and Litecoin.Altcoins Are Taking the StageRight now,...
Read More »Ethereum Price Analysis: ETH Likely To Extend Losses Below $600
Ethereum price started a fresh decline from the $670 resistance zone against the US Dollar.ETH price is currently trading below the $628 support and the 55 simple moving average (4-hours).There was a break below a major contracting triangle with support near $627 on the 4-hours chart (data feed from Coinbase).The pair is consolidating losses above $600, but there are chances of more downsides in the near term.Ethereum price is slowly gaining bearish momentum below $628 against the US Dollar....
Read More »Vitalik Buterin: Digital Wallets Can Break Quite Easily
Vitalik Buterin – the Canadian-Russian crypto entrepreneur widely credited for bringing Ethereum, the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin to the digital market – has warned traders and digital asset enthusiasts everywhere that virtual wallets aren’t as safe as they could be. He’s now pushing for the simplification of digital currency wallet technology, which he believes is not always kind to first-time traders and crypto holders.Vitalik...
Read More »Ethereum Price Analysis: ETH Eyeing Fresh Break above $600
Ethereum price started a fresh increase above $570 and $580 against the US Dollar.ETH price is currently trading above the $585 pivot and the 55 simple moving average (4-hours).There was a break above a crucial contracting triangle with resistance near $570 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards the $608 and $622 resistance levels.Ethereum price is slowly gaining pace above $580 against the US Dollar. ETH/USD is likely remain in a positive...
Read More »Frank Holmes: Ethereum Will See a Major Push Next Year
As of late, bitcoin appears to be getting the most attention out of all the world’s many cryptocurrencies. The asset has shot up to about $19,000, and many are eager to see if $20,000 is right around the corner. Amidst all the hype and hoopla, however, it appears we’ve forgotten about some of the world’s smaller competitors. Assets such as Ethereum, which according to Frank Holmes – chief executive and chief investment officer at U.S. Global Investors – is going to experience a huge bull run...
Read More »Ethereum Price Analysis: ETH Approaching Next Significant Break
Ethereum price is trading in a contracting range below $600 against the US Dollar.ETH price is currently trading near the $585 pivot and the 55 simple moving average (4-hours).There is a major contracting triangle forming with resistance near $596 on the 4-hours chart (data feed from Coinbase).The pair could either surge above $600 or decline heavily towards the $550-$560 zone.Ethereum price is showing a few bearish signs below $600 against the US Dollar. ETH/USD is likely setting up for a...
Read More »Ethereum Price Analysis: ETH Aims Fresh 2020 High Above $625
Ethereum price found support near the $480 level and started a fresh increase against the US Dollar.ETH price is currently trading well above $585 and the 55 simple moving average (4-hours).There was a break above a key bearish trend with resistance near $558 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher above the $620 and $625 resistance levels.Ethereum price is gaining momentum above the $585 resistance against the US Dollar. ETH/USD is likely to...
Read More »Smaller Assets Like Ethereum Are Booming As of Late
It looks like everyone has been so obsessed with bitcoin as of late that people have forgotten about some of the smaller coins that the asset is known to compete with. Currencies such as Ethereum, Litecoin, Ripple’s XRP and Chainlink.Ethereum and Smaller Assets Are Also BoomingTo an extent, we can’t blame individuals for looking away considering how well bitcoin has been doing. The currency has reached its highest point in three years and is presently trading for well over $18,500. At the...
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