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Tag Archives: Ethereum

Ethereum Price Analysis: ETH Resumes Decline Below $3,800

Ethereum price started a fresh decline from the $3,250 resistance against the US Dollar. ETH price is now trading well below $3,500 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $3,150 on the 4-hours chart (data feed from Coinbase). The pair could start a steady upward move if there is a move above the $3,200 level. Ethereum price is struggling below $3,200 against the US Dollar. ETH/USD remains at a risk of a...

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Bitcoin and Other Assets Expected to Hit New Lows in Coming Weeks

2022 has not started off well for most cryptocurrency traders. At the time of writing, bitcoin – the world’s number one digital currency by market cap – as well as many of its altcoin cousins are experiencing bearish activity that has seen them endure some of their biggest price drops in months. Bitcoin and Other Assets Are Experiencing Heavy Dips Bitcoin, for example, is presently trading for around $43,000 per unit. This is about $25,000 less than the all-time high it...

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Between COVID and Environmental Issues, Bitcoin Continues to Sink

The price of bitcoin has fallen from around $51,000 to just over $47,000 at the time of writing, and several other forms of crypto are also feeling the heat. Ethereum, for example, has risen about 400 percent since the beginning of the year, though it is set to experience its worst month since March of 2021. Bitcoin Has Taken a Dip According to many analysts, the problems stem from growing Omicron cases – the new coronavirus variant – and from climate change. While many...

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Ethereum Price Analysis: ETH Resumes Decline Below $3,800

Ethereum price started a fresh decline from the $4,140 resistance against the US Dollar. ETH price is now trading well below $3,850 and the 55 simple moving average (4-hours). There was a break below a key bullish trend line with support near $3,930 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down if there is a clear move below $3,650. Ethereum price is struggling below $4,000 against the US Dollar. ETH/USD remains at a risk of a sharp...

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Ethereum Price Analysis: ETH Testing Crucial Support

Ethereum price started a fresh decline from the $4,150 resistance against the US Dollar. ETH price is now trading just below $4,000 and the 55 simple moving average (4-hours). There is a crucial bullish trend line forming with support near $3,925 on the 4-hours chart (data feed from Coinbase). The pair could start a major decline if there is a clear break below $3,900. Ethereum price is correcting from $4,150 against the US Dollar. ETH/USD remains at a risk of a sharp...

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Ethereum Price Analysis: ETH Could Rally If It Clears $4K

Ethereum price started a fresh decline from the $4,080 resistance against the US Dollar. ETH price is now trading just above $3,900 and near the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $3,980 on the 4-hours chart (data feed from Coinbase). The pair could start a major increase if there is a clear break above $3,980 and $4,000. Ethereum price is recovering above $3,900 against the US Dollar. ETH/USD could...

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Bitcoin was Big in 2021, but Will It Be Outdone Next Year?

2021 was the year of bitcoin. There’s no doubt about that, but now that 2022 is coming into the mix, many analysts think this is the time for other assets and blockchain systems to step up and take over. Bitcoin Was Big, but It May Have Reached Its Peak Bitcoin was big over these last 12 months. Between the new bitcoin-based exchange-traded fund (ETF) from Pro Shares and the all-time highs it managed to reach, bitcoin exploded beyond what anyone thought was imaginable....

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Why Some Analysts Think Buying Bitcoin Right Now Is a Good Idea

With bitcoin having remained below the $50,000 mark for the past week or so, some analysts are telling traders it’s time to focus on other coins and assets. In addition, the Federal Reserve has completed a two-day meeting that led to some volatility in both prices and interest rates. Bitcoin Hasn’t Been Doing So Hot Lately But while many are saying the time to stay away from BTC has arrived, others – such as Mark Tepper, president of Strategic Wealth Partners – believe...

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Mike Novogratz: Ethereum Will Outdo Bitcoin

Billionaire investor and hedge fund manager Mike Novogratz feels that Ethereum, in many ways, is outperforming bitcoin. Mike Novogratz Thinks ETH Is Da Bomb While bitcoin is the world’s number one digital currency by market cap and is trading for more than $50,000 per unit, Ethereum is in a whole new category thanks to the technology it presents. Ethereum is the second largest crypto by market cap and is only trading for about $3,600 at press time. At first glance, it...

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Ethereum Price Analysis: ETH Could Rally If It Clears $4,500

Ethereum price started a fresh increase from the $3,650 support against the US Dollar. ETH price is now trading above $4,200 and near the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $4,400 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh rally if it clears the $4,400 resistance zone. Ethereum price is showing positive signs above $4,000 against the US Dollar. ETH/USD could start a major...

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