Tag Archives: Ethereum

Ethereum price started a downside correction from the $1,800 zone against the US Dollar. ETH price is now trading below $1,700 and the 55 simple moving average (4-hours). There is a major bullish trend line forming with support near $1,540 on the 4-hours chart (data feed from Coinbase). The pair could start a fresh increase unless there is a clear move below the $1,500 zone. Ethereum price is correcting lower below $1,700 against the US Dollar. ETH/USD could rise again...

Beauty software company Meitu says it has lost a lot of money on crypto. Meitu Is Suffering Due to Crypto’s Volatility Meitu is one of a few institutional investors that chose to get involved in crypto as the space began growing to unprecedented levels. The company – much like MicroStrategy and Square – felt that the industry was strong enough and, at the time, stable enough that a few investments were warranted. The company eventually put in hundreds of millions of...

Ethereum price started a fresh decline from the $2,500 zone against the US Dollar. ETH price is now trading below $2,200 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $2,100 on the 4-hours chart (data feed from Coinbase). The pair remains at a risk of more downsides towards the $1,650 support level. Ethereum price is struggling below $2,200 against the US Dollar. ETH/USD remains at a risk of more downsides if...

Ethereum price started a fresh decline from the $2,800 zone against the US Dollar. ETH price is now trading below $2,500 and the 55 simple moving average (4-hours). There was a break below a key contracting triangle with support near $2,800 on the 4-hours chart (data feed from Coinbase). The pair remains at a risk of more downsides towards the $2,000 support level. Ethereum price is struggling below $2,500 against the US Dollar. ETH/USD remains at a risk of more...

Ethereum price started a fresh decline from the $2,980 zone against the US Dollar. ETH price is now trading below $2,900 and the 55 simple moving average (4-hours). There is a crucial bearish trend line forming with resistance near $2,870 on the 4-hours chart (data feed from Coinbase). The pair must clear $2,870 and $2,980 to start a fresh increase in the near term. Ethereum price is struggling below $3,000 against the US Dollar. ETH/USD remains at a risk of more...

Ethereum price started a fresh decline from the $3,180 zone against the US Dollar. ETH price is now trading near $3,000 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $3,050 on the 4-hours chart (data feed from Coinbase). The pair must clear $3,050 to start a fresh increase in the near term. Ethereum price is struggling below $3,050 against the US Dollar. ETH/USD remains at a risk of more downsides if it stays...

Ethereum price started a fresh decline from the $3,300 zone against the US Dollar. ETH price is now trading below $3,200 and the 55 simple moving average (4-hours). There was a break below a major bullish trend line with support near $3,400 on the 4-hours chart (data feed from Coinbase). The pair could continue to move down towards the $2,820 support zone in the near term. Ethereum price is gaining pace below $3,000 against the US Dollar. ETH/USD remains at a risk of...

Mark Cuban is very bullish about Ethereum given that the crypto asset is about to undergo what many analysts and traders are simply referring to as “the merge.” Mark Cuban Is Happy About Ethereum’s New Direction The merge is a planned switch in protocols for the Ethereum network. Up to this point, ETH has largely operated – much like bitcoin – on a proof of work (PoW) module, though it’s now going to be changing to a proof of stake (PoS) module. This will largely reduce...

Ethereum price started a fresh increase from the $3,200 support zone against the US Dollar. ETH price is now trading above $3,400 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $3,420 on the 4-hours chart (data feed from Coinbase). The pair could continue to move up if it clears the $3,550 resistance zone. Ethereum price is gaining pace above $3,400 against the US Dollar. ETH/USD eyes more upsides if there is no...

Bitcoin and several of its altcoin cousins appear to have jumped back into action over the past few days. BTC – the world’s number one digital currency by market cap – is trading for just under $50,000 per unit, and many analysts think if the currency can move beyond this number and stay there for some time, a major bull run could be heading our way. Bitcoin Is Exploding Again If bitcoin hits $50,000, it will be the first time such a feat is accomplished since December...