Tag Archives: ethusd

After almost touching $19,000 for the second time, Bitcoin has calmed and retraced below $18,500 (as of writing these lines). At the same time, most alternative coins have doubled-down on their recent gains. Ripple’s 60% weekly spike has helped the asset overcome Tether as the third-largest cryptocurrency by market cap.Bitcoin Slows Down After Doule-Top At $19KBTC’s latest impressive price developments led to a notable leg up yesterday and yet another fresh yearly high. This time, the asset...

Bitcoin initiated another impressive leg that resulted in charting a fresh new 35-month high at nearly $19,000. Only a few percentages from December 2017 all-time high. The altcoins have also painted notable price pumps, including a 25% surge for Ripple.Bitcoin Is Less Than $1K From Its ATHJust about five days ago, Bitcoin was struggling with decisively overcoming the $16,000 price tag. However, the primary cryptocurrency went on a roll since then, which drove it to $18,500 a few days ago....

BitcoinBitcoin went through another powerful 15% price surge this week, which saw the cryptocurrency climbing over $18,000 and reaching as high as $18,800. It was trading at $16,400 last Friday, and it struggled to break this resistance over the weekend.This change on Monday, when Bitcoin started to surge higher. It quickly managed to push above $17,000 and break the resistance at the 2018 High at $17,186. The bull run continued higher throughout the week until resistance was found at around...

After failing to tap the $500 mark two days ago, ETH woke up from its slumber with jetpacks mounted on its back. The cryptocurrency rallied vertically and just smashed the $500 resistance against the US Dollar after more than 2 years of trading at the said rates. This comes amid a rising trend of Ethereum searches on Google.Ethereum’s ETH Soars Straight Up To $500It seems ETH bulls are no longer in the mood to remain in the sub-$500 zone, as a bout of galvanizing price action pushed the...

After exploding to new yearly highs and displaying extreme volatility levels, Bitcoin has retraced beneath $17,500. Most alternative coins have followed suit, and the market capitalization has fallen below $500 billion.Bitcoins Tanks To $17,500The past several days have only exemplified Bitcoin’s impressive run in Q4 2020. The primary cryptocurrency was struggling beneath $16,000 for a bit before initiating a remarkable leg up that resulted in new records.BTC painted a new yearly high –...

ETH/USD – Ethereum Rejected By Rising Price Channel Upper Boundary Key Support Levels: $465, $447, $439.Key Resistance Levels: $490, $500, $511 On Monday, Ethereum found support at the $447 level, which allowed the coin to rebound higher. From there, it pushed higher to break $475 (September high-day close) and reach the resistance at the upper boundary of the 3-month-old rising price channel. Today, Ethereum spiked above this price channel to reach as high as $395. However,...

Ethereum bulls are busy pumping the network’s native cryptocurrency ETH as if there’s no tomorrow. So much so that the asset almost tested the $500 resistance today. But what’s even more interesting is the gradual progress on the staking front for Ethereum 2.0’s launch. Depositors have already staked more than 100,000 ETH in the ETH2 deposit contract. Also, a Dubai based conglomerate is looking to support Ethereum 2.0’s launch by plugging in $10 million. More Than 100,000 ETH...

Following the recent roller-coaster that resulted in a few massive four-digit price movements, Bitcoin appears to have calmed north of the $18,000 price tag. The alternative coins also followed the volatility ride but have ultimately lost market dominance against BTC. More interestingly, Bitcoin has managed to reach an all-time high value in terms of its market capitalization, despite the price being lower than back in 2017. Bitcoin Calms After The Storm People use many words...

The world just witnessed the deeply debated (only from the ones who lost) results of the 2020 US Presidential election. More than a week ago. Republican party members, including their leader and the 45th President Donald Trump, crying foul calling the polls rigged. Nonetheless, Joseph Biden will take up the coveted position as the leader of the nation. The election process was carried out using the good old paper ballot system. Could blockchain replace it and make the vote...

ETH/USD – Ethereum Stalled By September High-Day Closing Price Key Support Levels: $445, $439, $430.Key Resistance Levels: $462.50, $475, $490. Etheruem reached as high as $475 last Friday, where it hit the resistance at the September high-day close. From there, it headed lower over the weekend, which was largely due to Bitcoin dropping back beneath the $16,000 level and some divergence playing out that we highlighted in the last analysis. As a result, Ethereum fell as low as...