Ethereum surged by a total of 13.6% over the last 24 hours as it reaches $175.ETH rocketed higher after breaking the $146 resistance yesterday, allowing it to break resistance at $165 and $170.Against Bitcoin, Ethereum also surged significantly as it climbed from 0.021 BTC to 0.0235 BTC.Key Support & Resistance LevelsETH/USD:Support: $167, $165, $150.Resistance: $175, $180, $187.ETH/BTC:Support: 0.023 BTC, 0.022 BTC, 0.0215 BTC.Resistance: 0.024 BTC, 0.0247 BTC, 0.025 BTC.ETH/USD:...
Read More »Crypto Price Analysis April 1: BTC, ETH, LTC, XRP, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP 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 are still correcting and volatility is reducing, so we may expect some good movements in the nearest future. As a rule, low volatility is often...
Read More »Crypto Price Analysis March 25: BTC, ETH, LTC, EOS, BCH
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.The cryptocurrency market is actively correcting but the current movement is looking more like a rebound before a new wave to the downside. However, in the chart of...
Read More »Ethereum Co-Founder Vitalik Buterin Wants Easy Bitcoin to Ethereum Swaps
Ethereum network co-founder and the brilliant mind Vitalik Buterin claims it’s a shame that the community still has to rely on ‘trusted’ parties to send Bitcoin value to Ethereum and back. He offers to change this using the Uniswap-alike decentralized solution.In a series of pretty interesting Twitter posts, Vitalik Buterin outlines presumable Ethereum future steps. Those steps needed to investigate the paranormal fact: Bitcoin and Ethereum still have no cheap and reliable means of...
Read More »Ethereum Co-Founder Vitalik Buterin Highlights His Views on Ethereum 2.0 for Next 5-10 Years
Ethereum 2.0 is scheduled to be launched this year. Vitalik Buterin has shared his opinion on all the changes that may come in the future.Ethereum co-founder Vitalik Buterin went to Twitter to highlight his approximate view on what the next five to ten years of Ethereum 2.0 and beyond might look like. However, he gave a disclaimer that the roadmap-highlights are his current views, and he respects other peoples’ ideas. At the same time, Buterin said that he has an open-mind concept for future...
Read More »Bitcoin Price Above $6,700 as Cryptocurrencies Rise $23.8 Billion in 24 Hours
Bitcoin price shows signs of recovering as it hit $6,700 level, even as the stock market continues in the sell-off. Major cryptocurrencies like XRP and ETH have followed the rally, as the market cap has risen by $23.8 billion in 24 hours.The crypto community can afford a smile, after days of market price free fall. Led by the mother coin Bitcoin, the cryptocurrencies rose by nearly 20% in 24 hours, rejuvenating the lost hope. At the time of writing, Bitcoin was trading slightly above $6,700,...
Read More »Crypto Price Analysis March 18: BTC, ETH, LTC, XRP, BCH
A senior analyst at RoboForex shares his insights into the future scenarios for Bitcoin, Ethereum, Litecoin, XRP 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.The currency market failed to get over another collapse. In general, there is a great potential in Bitcoin for a rebound upwards and new growth in anticipation of...
Read More »Is 2020 the Year for Ethereum?
At the beginning of 2019 around $1.92 million of ETH was locked into DeFi, by the end of the year, this had risen to almost $3 million in Ethereum.Launched in 2015, the cryptocurrency Ethereum (ETH) is the go-to digital currency for smart contracts. While cryptocurrencies such as Bitcoin are used to transfer currency from one person to another, Ethereum can be described as highly programmable digital transactions that take place when certain conditions are met.It has a current circulating...
Read More »Bitcoin Price Rose to $5,900 after Fed Zero-Rate Cut but Then Fell Below $5,000
Bitcoin price doesn’t look very optimistic now as it is below $5,000 again. However, just recently after the news about the rate cut from teh Fed, it was gaining massively.Bitcoin price went up after the U.S. Fed announced a massive rate cut. Sources say that this occurred late on Sunday as global economies were still reeling from the effects of the COVID-19 situation. It also reportedly came with a $700 billion stimulus program to protect the U.S. economy from the effects of a global...
Read More »Ethereum Price Analysis: ETH Failed To Break Above Key-Resistance Level, New 2020 Lows Coming Soon?
After a 3-day recovery, Ethereum price continues its bearish momentumAgainst the US Dollar, Ethereum continued to struggle under the $140 markAgainst Bitcoin, ETH found weekly support (0.022 BTC) upon a mid-term trend line; however, the situation is fragileETH/USD: Ethereum Trades Under $140Key Resistance Levels: $140, $160, $180, $200Key Support Levels: $115, $100, $86, $80Last Thursday, we saw the heavy price movement that crashed Ethereum’s price to $86 following Bitcoin’s 40% daily...
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