Tag Archives: ethusd

Bitcoin Bitcoin saw a small 2.6% price increase from where it was trading seven days ago. However, it had dropped substantially throughout the week. The cryptocurrency fell beneath support at the rising trend line to find additional support at the $6,447 level (short term .618 Fib Retracement). From here, Bitcoin rebounded yesterday to climb back above the $7,000 level where it currently trades. Looking ahead, the first level of resistance lies at $7,200 (bearish .5 Fib Retracement). Above...

Binance, the world’s leading cryptocurrency exchange, published a new white paper for a solution called Binance Smart Chain. It’s a new blockchain that will run in parallel to Binance Chain and will also support smart contract functionalities. Binance Announces Smart Chain Blockchain In a recently published whitepaper, Binance announced the development of Binance Smart Chain – a new blockchain that will support smart contract functionality. The new network is described as an innovative...

An interesting analysis of the performance of the Ethereum network reveals some changes as to what fees are being paid. Feed pays to miners exceeded the uncle reward paid to miners in March.Fees Paid By Users Greater Than The Cost Paid By The NetworkAnkit Chiplunkar, the head of research at the popular data monitoring resource Token Analyst, has brought up some interesting findings regarding the performance of the Ethereum network.The fees paid to miners, amounting to about 26,100 ETH,...

Ethereum witnessed a sharp 7% price drop over the past seven days as it trades at $156.However, over the past 5-days, Ethereum has been trading sideways between $155 and $160.Against Bitcoin, the bulls are controlling the market after rebounding at 0.0229 BTC to trade above 0.0232 BTC.Key Support & Resistance LevelsETH/USD:Support: $155, $150, $143.Resistance: $160, $165, $170.ETH/BTC:Support: 0.0229 BTC, 0.0223 BTC, 0.0219 BTC.Resistance: 0.0235 BTC, 0.024 BTC, 0.0247 BTC..ETH/USD –...

Ethereum saw a 3% price decline over the past 24 hours of trading as the cryptocurrency drops into the $150 level.ETH was previously struggling at the 100-days EMA at around $175, which caused it to fall.Against Bitcoin, the bulls are battling to keep the cryptocurrency above 0.0229 BTC support.Key Support & Resistance LevelsETH/USD:Support: $144, $140, $130.Resistance: $165, $170, $180.ETH/BTC:Support: 0.0229 BTC, 0.0223 BTC, 0.0219 BTC.Resistance: 0.023 BTC, 0.0239 BTC, 0.0247...

BitcoinBitcoin is up by a small 2% this week after suffering a major setback when it dropped by 5.5% in today’s trading session. The cryptocurrency had surged from the $6,800 level last Friday to reach as high as $6,400 at the start of this week.However, in today’s trading, Bitcoin fell by over 5% to drop back into the $6,800 support level. It also found added support at the previous rising trend line.If Bitcoin drops back beneath $6,800, additional support lies at $6,600, $6,400, $6,200, and...

Ethereum increased by a small 1.3% over the past 24 hours of trading as the cryptocurrency reaches $170.It is now facing resistance at the 100-days EMA and has struggled here for the past 3-days.Against Bitcoin, Ethereum continues to perform well as it reaches 0.0234 BTC.Key Support & Resistance LevelsETH/USD:Support: $165, $150, $145.Resistance: $175, $180, $188.ETH/BTC:Support: 0.023 BTC, 0.022 BTC, 0.0215 BTC.Resistance: 0.0235 BTC, 0.024 BTC, 0.0247 BTCETH/USD: Ethereum Struggles At...

Though Ethereum price is falling now, many traders think that a massive rally is underway as ETH 2.0 upgrade is getting closer.Ethereum (ETH) price has fallen by 1.27% in the past 24 hours. This comes as the new upgrade to Eth 2.0 is just around the corner. Current price levels at $168.63 have made everyone believe that Ethereum holds promise and may do even better in the markets this year. The first fundamental thing to change for Ethereum this year would be the shift to proof-of-stake...

A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, EOS and Bitcoin Cash price movement.Dmitriy Gurkovskiy, a senior analyst at foreign exchange broker RoboForex, provides his vision of the possible tendencies in price changes for Bitcoin as well as for other major cryptos.Cryptocurrencies continue their slight growth and bulls have a lot of difficulties with conquering every level. It would seem that a long-awaited aggressive growth is...

Altcoins have experienced an increase together with Bitcoin. Ethereum has managed to gain around 14% within 24 hours. Now ETH price is around $175.We have been used to Bitcoin already traditionally leading the crypto market. However, it seems that the most popular altcoin is slowly but surely taking the lead. Ethereum price is rising by exquisite pace since Monday’s candle open at $142, the second-largest digital asset has rocketed 13.85% higher, reaching $175.13 just minutes ago as of the...