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Tag Archives: Ethereum

Ethereum Price Analysis: ETH Holding Crucial Uptrend Support At $240

Ethereum price is trading in an uptrend above the $240 support against the US Dollar.ETH price must break the $248 and $252 resistance levels for more gains.There is a key bullish trend line forming with support near $240 on the 4-hours chart (data feed from Coinbase).The pair is likely to accelerate higher towards $265 if it clears the $252 level.Ethereum price is showing a few positive signs above $240 against the US Dollar. ETH/USD is currently struggling to gain strength above the $248...

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Ethereum Is Outdoing Bitcoin as of Late

Bitcoin has been doing relatively well, as of late. The world’s number one cryptocurrency by market has surged beyond $9,500 for the first time in well over a week, and the bullish train its riding doesn’t appear to be running out of steam anytime soon. However, bitcoin’s recent gains don’t even compare to the run Ethereum is enjoying.Ethereum: Today’s Crypto King?ETH is the second-largest cryptocurrency by market cap and the number one competitor to bitcoin. At the time of writing, one unit...

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Ethereum Price Analysis: ETH Eyeing More Upsides Above $250

Ethereum price is up more than 10% and it is trading above $240 against the US Dollar.ETH price is showing a lot of positive signs, but it is facing hurdles near $250.There was a break above a crucial contracting triangle with resistance near $210 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher towards $280 if it clears the $250 resistance zone.Ethereum price is trading in a bullish zone above $225 against the US Dollar. ETH/USD seems to be eyeing more...

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Ethereum Price Analysis: ETH Could Rally Again Unless It Breaks $195

Ethereum price started a downside correction after it failed above $215 against the US Dollar.ETH price is currently trading nicely above the $195 and $200 support levels.There is a major contracting triangle forming with resistance near $207 on the 4-hours chart (data feed from Coinbase).The pair is likely to rally again above $210 as long as it is trading above the $195 support zone.Ethereum price is showing a lot of positive signs above $195 against the US Dollar. ETH/USD must surpass the...

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Ethereum Price Analysis: ETH Struggling Below $220, But Uptrend Intact

Ethereum price gained traction above the $210 and $212 levels against the US Dollar.ETH price is still struggling to gain momentum above the $217 and $220 resistance levels.There is a key bullish trend line forming with support near $204 on the 4-hours chart (data feed from Coinbase).The pair is likely to continue higher above $220 as long as it is above the $204 support.Ethereum price is trading in a positive zone above $200 and $204 against the US Dollar. ETH/USD must surpass the $220...

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Reddit Introduces Two New ETH Currencies

Popular social media platform Reddit is releasing two new Ethereum-based tokens. These currencies will be granted to Reddit users who create appropriate or stellar content.Reddit Is Working in the Crypto SpaceThe tokens will be known as $MOONS and $BRICKS. They’ll be issued to the subreddits of both “Fortnite” and cryptocurrency, respectively. They are part of a new “Community Points” program in which users are ultimately rewarded for posting material.A Reddit spokesperson explains:We...

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Move Over BTC, Tezos Is Gaining Serious Traction

Bitcoin may be at the center of crypto enthusiasts’ attention as of late due to the recent halving, but it’s not the only coin that’s on a bull run. Tezos (XTZ) – the tenth largest cryptocurrency by market cap – has lots of fans going crazy about where it will go, as it has already risen by more than 80% since the beginning of the year.Tezos Is Getting a Solid ReputationAt the time of writing, Tezos is trading for just over $2.50. That’s about 85 percent higher than where it stood during the...

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Ethereum Is Further Stuffed with Tokenized Developer Coins

Token developers are beginning to tokenize themselves on the Ethereum blockchain.Ethereum Is Getting A Load of Additional CoinsThe developers add their names to specific coins that they mint or create which individuals can then use to garner services from the developer in question. These tokens can access content they’ve created, be used to garner advice, or utilize their time for projects. The purpose is to garner additional funds for developers’ services, but it’s receiving a lot of...

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Ethereum Price Analysis: ETH Could Nosedive Below $175-$180

Ethereum price started a major decline after it failed to clear the $220 resistance against the US Dollar.ETH price declined sharply below the $200 and $198 support levels.There was a break below a key contracting triangle with support near $200 on the 4-hours chart (data feed from Coinbase).The pair is currently consolidating losses and likely to face resistance near $192 and $198.Ethereum price is back in a bearish zone below $200 against the US Dollar. ETH/USD is likely to continue lower...

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Ethereum Price Analysis: ETH Poised To Resume Its Uptrend Above $215

Ethereum price is trading nicely above the $198 and $200 support levels against the US Dollar.ETH price is likely to break the $214-$215 resistance region for a fresh rally.There is a major bullish trend line forming with support near $201 on the 4-hours chart (data feed from Coinbase).The pair could correct a few points, but it is likely to remain well bid above the $200-$201 zone.Ethereum price is trading in an uptrend above the $200 support against the US Dollar. ETH/USD is likely to break...

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