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Ethereum Price Analysis: ETH Unable To Gain Momentum For $220 As It Falls Against Bitcoin

Ethereum saw a 1% price hike today as the coin rises to the $208 level.It still needs to take out the $220 resistance to be able to push higher.Against Bitcoin, ETH continues to struggle as it breaks beneath the 200-days EMA support level.Key Support & Resistance LevelsETH/USD:Support: $200, $194, $187.Resistance: $211, $220, $225.ETH/BTC:Support: 0.0223 BTC, 0.022 BTC, 0.0213 BTC.Resistance: 0.0227 BTC, 0.023 BTC, 0.0236 BTC.ETH/USD: Ethereum Pushed Higher By BTCEthereum has been trapped...

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Ethereum Is About To Break Below The $200 Crucial Support As Bitcoin Struggles With $9K: ETH Price Analysis & Overview

Ethereum saw another 1% price decline today as it falls to $203.The coin struggled with the resistance at $220 during the weekend, which caused it to roll over.Against Bitcoin, Ethereum has been struggling heavily as it crashed into the 200-days EMA support at 0.0227 BTC.Key Support & Resistance LevelsETH/USD:Support: $200, $194, $188.Resistance: $211, $220, $225.ETH/BTC:Support: 0.0227 BTC, 0.0223 BTC, 0.022 BTC.Resistance: 0.0236 BTC, 0.024 BTC, 0.0247 BTC.ETH/USD: Ethereum Battling To...

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Ethereum Price Analysis: ETH About To Breakdown $200 After Getting Rejected At A Crucial Resistance Level

Ethereum saw a 1% price decline over the past 24 hours of trading as it drops to the $210 price area.The cryptocurrency was recently struggling at the $220 level.Against Bitcoin, Ethereum dropped into the 0.0236 BTC support earlier today.Key Support & Resistance LevelsETH/USD:Support: $211, $203, $200.Resistance: $220, $225, $245.ETH/BTC:Support: 0.0236 BTC, 0.023 BTC, 0.0226 BTCResistance: 0.024 BTC, 0.0247 BTC, 0.025 BTCETH/USD – Ethereum Struggling at $220Ethereum dropped by 1% today...

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Bitcoin Accounts For 78% Of The Cryptocurrency Derivatives Market In Q1 2020, Study Finds

According to a new study, the total trading volume of cryptocurrency derivatives has increased dramatically by over 300%.At the same time, BitMEX’s leadership position in the field has been challenged by Huobi, OKEx, and Binance.Derivatives On The RiseAnd amid the most apprehensive days of uncertainty prompted by the eventual aftermath of the COVID-19, the cryptocurrency market went through a substantial losses. Most assets plunged by as much as 50% in mid-March.During these times of hyper...

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Crypto Price Analysis & Overview May 1st: Bitcoin, Ethereum, Ripple, Stellar, and Chainlink

BitcoinBitcoin saw an impressive 17.5% price increase over the past 7-days of trading as the cryptocurrency managed to climb above the $7,500 resistance to break above $8,000. It continued to push higher and eventually reached a weekly high of $9,430 before dropping to the current resistance at $8,870 (1.272 Fib Extension).This price increase is not surprising because the Bitcoin block halving event is just a short 10-days away.If the buyers continue to push above the current $8,870 level,...

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Ethereum Price Analysis: ETH Follows Bitcoin And Finally Breaks $200. What’s Next?

Ethereum increased by 4% today to reach the $215 level again.The cryptocurrency dropped yesterday to reach $200 but quickly rebounded.Against Bitcoin, Ethereum fell beneath the lower boundary of the previous range as it drops beneath 0.0239 BTC.Key Support & Resistance LevelsETH/USD:Support: $210, $200, $187.Resistance: $225, $230, $245.ETH/BTC:Support: 0.0239 BTC, 0.0236 BTC, 0.023 BTC.Resistance: 0.0247 BTC, 0.025 BTC, 0.026 BTC.ETH/USD: Ethereum Finally Breaks $200.Ethereum was...

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Waiting For Ethereum 2.0? 77% Of Ethereum In Externally Owned Accounts Dormant For 6 Months

Ethereum investors have been accumulating and holding substantial amounts lately. More than 77% of ETH in externally owned accounts (EOAs) has not moved in the past six months, new data revealed.Ethereum Investors Hodl And AccumulateThe price of Ethereum, similarly to most cryptocurrencies, went through violent turbulence lately. Starting 2020 at about $131, reaching a yearly high of $290, and then succumbing to the mid-March sell-offs caused by the COVID-19 pandemic and bottoming at...

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The Bulls Are Here: Binance Trading Volume Surpassed $12 Billion On Wednesday, A New All-Time High

Binance exchange had seen an all-time high in daily trading volume of more than $12 billion exchanged over the past 24 hours as of April 29th, 2020. The last time the exchange had seen volume at the current levels was in January 2018.According to Changpeng Zhao (CZ), the CEO of Binance, the last time the daily volume spiked over $11 billion was during January 2018, which was the peak of the famous 2017 crypto bubble.As per the data from CoinMarketCap, Binance saw over $12 billion of daily...

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Ethereum Remains Trapped Against Bitcoin As It Attempts To Break $200. What’s Next? ETH Price Analysis

Ethereum saw a small 1% price increase today, but the coin is facing strong resistance at $198.ETH has increased by almost 15% over the past week after rebounding from support at $170.Against Bitcoin, Ethereum has been trapped between a range of 0.026 BTC and 0.025 BTC for the past 10-days.Key Support & Resistance LevelsETH/USD:Support: $188, $180, $175.Resistance: $198, $200, $211.ETH/BTC:Support: 0.025 BTC, 0.0247 BTC, 0.024 BTC.Resistance: 0.026 BTC, 0.0263 BTC, 0.027 BTC.ETH/USD:...

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DeFi Protocol dForce That Lost $25 Million To An Attack Refunds All Of Its Users

The recent attack on the popular Chinese decentralized finance (DeFi) protocol, dForce, may have come to a happy end for customers. The company explained that over 90% of all assets had been distributed back to users in less than 24 hours.dForce Made Whole Its UsersAs Cryptopotato reported last week, an unknown attacker exploited the Chinese DeFi protocol dForce Network. By hacking its lending solution, Lendf.Me, the perpetrator managed to dramatically reduce the total value locked (TVL) in...

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