Tag Archives: ethusd

Ethereum continued to trade in a range between $190 and $200.Against Bitcoin, the price may dip lower if the 0.021 BTC support fails to provide a rebound.The trend remains in a downward range on the 4-hours chart.ETH/USD: Ethereum Pushes Toward $200Key Resistance Levels:  $200, $215, $226Key Support Levels: $175, $166, $152.6, $141ETH/USD. Source: TradingViewThe recent crash in Bitcoin’s price from $10000 to $8150 pulled major altcoins in a downward spiral, including Ethereum, which is now...

The Ethereum blockchain is suffering a period of heavy congestion, partly caused by what appears to be a Ponzi scheme. Thousands of transactions are being pinged all across the network—all leading to a single address, which now holds $5.3 million worth of Paxos Standard (PAX) tokens.That address belongs to the operators of MMM Global – a multi-level marketing scheme that offers 1% returns on investment per day. Targets are urged to contract more people into the scheme, with the promise of...

Block 630,000 was mined yesterday, and with it, the third Bitcoin halving was successfully completed. From here on, miners will receive 6.25 BTC for adding new blocks to the network.The hours before the event were fairly turbulent for BTC’s price, but it seems that it has calmed down, at least for now.Bitcoin Price Steady Following The HalvingA bit more than 15 hours after Bitcoin’s halving took place at block 630,000, the price seems relatively stable. At the time of the event, BTC was...

Ethereum saw a sharp decline over the weekend, which caused it to slip beneath $200 and reach $187.The cryptocurrency managed to find strong support at a rising trend line.Against Bitcoin, Ethereum is battling to hold above the 0.021 BTC level.Key Support & Resistance LevelsETH/USD:Support: $180, $175, $170.Resistance: $190, $200, $211.ETH/BTC:Support: 0.021 BTC, 0.0208 BTC, 0.02 BTC.Resistance: 0.022 BTC, 0.0225 BTC, 0.023 BTC.ETH/USD: Ethereum Rebounds From Rising Trend LineEthereum saw...

BitcoinBitcoin saw an impressive 11.5% price surge over the past 7 days of trading as the cryptocurrency manages to reach as high as $10,000 again. During the week, the coin managed to break above the previous resistance at $9,000 and continued above further resistance at $9,426 and $9,815 to reach the $10,000 level.Looking ahead, if the buyers break above $10,000, resistance is located at $10,226 (1.618 Fib Extension) and $10,430 (2020 high). Above this, resistance is located at $10,810,...

The US Commodity and Futures Exchange Commission (CFTC) has charged the executives of two companies for alleged involvement in scams with cryptocurrencies and binary options. Both fraudulent activities had misleading marketing campaigns claiming to bring quick and significant profits regardless of any price movements.CFTC Charges New ScamsPer the document released earlier this week, two massive fraudulent solicitation schemes occurred between October 2013 and August 2018. The first one...

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...

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...

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...

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...