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Tag Archives: Ethereum

Ethereum Price Analysis: ETH Reaches Crucial Breakout Zone

Ethereum price started an upside correction from the $335 support against the US Dollar.ETH price is currently struggling to clear the $355 resistance and trading near the 55 simple moving average (4-hours).There is a key bullish trend line forming with support near $352 on the 4-hours chart (data feed from Coinbase).The pair could either rally above the $355 resistance or it might start a fresh decline below $350.Ethereum price is approaching a major breakout zone near $355 against the US...

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Ethereum Price Analysis: ETH Could Nosedive Below $350

Ethereum price started an upside correction from the $313 swing low against the US Dollar.ETH price is currently struggling to clear the $365 resistance and trading just above the 55 simple moving average (4-hours).There was a break below a key ascending channel with support near $354 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it breaks the $350 support level in the near term.Ethereum price is declining and trading below the $355 support against the US...

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The Ethereum Blockchain Keeps Losing Developers Over High Costs

It looks like Ethereum is seeing its reputation suffer due to the growing number of fees on its blockchain. As a result, several projects are looking to other systems through which they can establish themselves.Ethereum Is Losing Customers Left and RightEthereum is the second largest cryptocurrency by market cap and the number one competitor to bitcoin. While it’s not as large a coin or as popular, its blockchain has garnered quite a bit of business over the years given its smart contracts...

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Ethereum Price Analysis: ETH Remains At Risk of More Losses

Ethereum price failed to clear the $400 barrier and declined recently against the US Dollar.ETH price is trading below the $352 support level and the 55 simple moving average (4-hours).There was a break below a key bullish trend line with support near $375 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it breaks the $330 support level in the near term.Ethereum price is declining and trading below the $352 support against the US Dollar. It seems like...

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Ethereum Price Analysis: ETH Could Gain Momentum Above $390

Ethereum price is recovering nicely and trading above the $355 resistance against the US Dollar.ETH price is showing positive signs above $370 and the 55 simple moving average (4-hours).There is a crucial rising channel forming with support near $363 on the 4-hours chart (data feed from Coinbase).The pair could accelerate further if it clears the $390 and $400 resistance levels.Ethereum price is showing many positive signs above $355 against the US Dollar. It seems like ETH/USD is aiming a...

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Zug Says “Yes” to Crypto for Future Tax Payments

Zug – one of the regions belonging to the Swiss Confederation – has announced that residents will be able to pay their taxes in either bitcoin or Ethereum starting next year.Zug – Want to Pay Your Tax Bill with Digital Currency?Zug is part of Switzerland’s affectionately dubbed “Crypto Valley,” which has garnered its nickname thanks to the many bitcoin, crypto and blockchain startups the region currently houses. The area takes its name from Silicon Valley, the section of Northern California...

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Singapore Announces Two New Cryptocurrency Indexes

Singapore is looking to become a crypto leader by helping to set the price standards for both bitcoin and Ethereum, the two largest digital currencies around. Singapore Exchange Ltd. has recently announced that it is currently setting up two additional crypto indexes to help local and international traders better understand the prices of both assets and make smarter trading decisions from there.Singapore Looks to Lead the Fight for CryptoThe indexes will be known as the iEdge Bitcoin Index...

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Is Ethereum Outdoing BTC on a Technical Scale?

Today is not a good day for bitcoin. Not only has the currency’s price fallen back several feet, but it looks like Ethereum – the second-largest cryptocurrency in the world and the primary competitor to BTC – is beginning to overtake the asset in several ways.The Ethereum Blockchain: A New Home for BTC?To be fair, Ethereum’s price is nowhere near that of bitcoin. In addition, the market cap is also not as strong, but bitcoin is now playing second banana to Ethereum in one major way: the...

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Ethereum Surges; Will It Hit $500 Soon?

Ethereum – the world’s second-largest cryptocurrency by market cap and the primary competitor to bitcoin – has surged overnight by more than ten percent and is currently trading for well over $477. This is a spike of more than $30 over the past 24 hours.Ethereum Has Jumped Beyond $470On Monday August 31, the currency was trading for around $443, having broken $400 just two days prior. The entire week before, Ethereum had encountered a period of relative stagnation, hanging about the high $300...

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Ethereum Price Analysis: ETH Aims Larger Rally Above $450

Ethereum price is rising and it is trading well above the $430 level against the US Dollar.ETH price is likely to accelerate higher above the $448 and $450 levels.There was a break above a major bearish trend line with resistance near $394 on the 4-hours chart (data feed from Coinbase).The pair is currently trading with a positive angle above $440 and the 55 simple moving average (4-hours).Ethereum price is gaining bullish momentum above $440 against the US Dollar. It seems like ETH/USD is...

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