Tag Archives: ethusd

During the past 24 hours, Bitcoin tanked to $15,100, but it has recovered since then and trades around $15,400. Most high and mid-cap altcoins have outlined substantial gains and have reduced BTC’s dominance to below 64%. Bitcoin Price Slides But Recovers After peaking at nearly $16,000 last week, Bitcoin has struggled with maintaining such a high price tag. It dropped below $14,300 a few days after, but managed to initiate a false breakout towards $15,800 when news broke...

ETH/USD – Ethereum Struggles To Break Above $456 Resistance Key Support Levels: $438, $430, $421.Key Resistance Levels: $456, $462.50, $475 Last Friday, Ethereum surged to $456 where it met the resistance at the upper boundary of a rising price channel. It failed to close a daily candle above this level as it moved sideways between $456 and $435 over the weekend. Yesterday, Ethereum failed to close the daily candle above $456. The coin found support today at the $438 level...

Bitcoin went on a wild ride yesterday when news of a COVID-19 vaccine broke out, but has calmed since then and currently trades at around $15,300. The leading alternative coins have also cooled down as Ethereum sits around $450 and Ripple at $0.25. Bitcoin Calms After Increased Volatility The primary cryptocurrency demonstrated high fluctuations in the past week. It topped at a new yearly high of about $16,000 on Friday but then nosedived a few days later to below $14,300....

Despite briefly tanking following the results of the US Presidential elections, Bitcoin has reclaimed the $15,000 mark and registered its third-highest weekly close. The altcoins have also recovered yesterday’s losses, and the market cap has jumped back to $440 billion. Bitcoin’s Third-Best Weekly Close Bitcoin peaked at a new yearly high on Friday as the uncertainty of the US elections grew. However, once the results came in, meaning that the 46th US President will be Joseph...

ETH/USD – Ethereum Forms Rising Price Channel Key Support Levels:$438, $430, $421.Key Resistance Levels: $445, $462, $475. Last week, Ethereum surged from a low of $380 to break above $400 and reach as high as $470 yesterday. Unfortunately, the buyers met resistance at the upper boundary of a rising price channel that spans over the last two months and fell lower from here yesterday. During the drop, Ethereum found support at $425 and rebounded higher to reach $445 today...

The official election of Joe Biden as the 46th US President resulted in a sharp nosedive for Bitcoin and the rest of the cryptocurrency market. While BTC dumped to a low of $14,350 at its Saturday’s lowest, the total market cap lost nearly $30 billion at one point yesterday. Biden’s Election Drove BTC Down? The past week has been quite impressive for Bitcoin. The primary cryptocurrency entered the election day on November 3rd at about $13,300. The uncertainty that followed...

After increased volatility that took Bitcoin to $16,000 and $15,200, the cryptocurrency has calmed and trades around $15,500. The altcoins have surged in the past 24 hours as Ethereum is above $450, while Ripple is north of $0.26. Most impressively, Yearn Finance’s YFI token increased by around 100%. Bitcoin Calms After Record Days The primary cryptocurrency has been marching confidently in the past several days. This led to consecutive yearly records and its highest price...

Bitcoin Bitcoin saw an extraordinary 15.3% price surge this week which allowed the cryptocurrency to scratch the $16,000 level today. It has since dropped slightly to $15,500 but is still very much bullish. BTC started the week at $13,200. From there it headed higher into the $13,800 resistance but stalled at the weekend. As the election started in the US, BTC started to surge. Initially, it found resistance at $14,190 but this was penetrated yesterday as Bitcoin surged all...

Bitcoin has been surging in the past few weeks to consecutive yearly highs. Speculations emerged within the community if or when BTC will even surpass its 2017 ATH of nearly $20,000. At the same time, though, most alternative coins seemed to be dragging behind their leader. Bitcoin’s dominance highlights this – a metric that surged by nearly 7% in less than a month. As such, it would be compelling to follow how altcoins have performed in relation to Bitcoin before, during,...

ETH/USD – Ethereum Rebounds At Trend Line Support Key Support Levels:$438, $430, $421.Key Resistance Levels: $445, $462, $475. Ethereum saw a strong 9.4% price surge today, which allowed the coin to break past resistance at $416 (bearish .618 Fib) and climb above $430 to reach the current $441 price. The coin is now testing resistance at 3-month highs around the $445 level – provided by a bearish .786 Fib Retracement. This latest surge is primarily driven by Bitcoin...