Ethereum

The ETH/USD price is showing some declining signs. A break under $ 125 and $ 120 could make ethereum's price move to the downside. Yesterday, the price started dropping from the hurdles at $ 135. The price later settled under the support at $ 130 and the 100 hourly SMA.  Further, the price declined to under $ 128. Analyzing the ETH/USD Hourly Chart The ETH/USD hourly chart shows a break under a contracting triangle with support close to $ 127.…

The price of Ethereum experienced certain remarkable upward momentum today. It follows a long time of trading on the sideways, caused by the decline in its price to lows of $120 in the previous week. This time, the price is consolidating, and it seems to be leading to a move on the upside. In turn, the trend may support the idea that the lows of ETH in recent times will highlight a long-term bottom. Suppose the further momentum keeps holding…

The price of ETH/USD has been struggling for recovery and correction to the upside. In the previous week, the price went under the support levels at $144 and $142. It continued to the downside under the support level at $140 support, thereby forming a fresh low in the month close to $139. Later, it was able to retrace to the upside over the hurdle at $142. Nevertheless, there was a capping of the move to the upside by the hurdles between…

Every market has indicators on the progress and expected trends and technical indicators are suggesting that another big move on the crypto market is underway. However, the direction of this move is a curiosity for everyone. These suggestions are occurring since the Bitcoin market has not experienced any major move over the past days or so.  A slump that has been happening throughout the week resulted in the coin declining 6% to bottom out at $7,100 on Thursday. Since then,…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary ● The Crypto Market ends the week at a total market capitalization of $247 billion. ● Bitcoin price recovers from last week’s slump and nears the $10,000 mark. ● Ethereum continues its upward journey beyond the $180 threshold. ● Ripple rests on the sidelines patiently waiting for next week’s Swell Conference. ● Libra’s chances of success get another blow. This time from a social media giant…

Key Takeaways: Bitcoin showing strength consolidating after last week’s jump. Ethereum looks for support to move higher. Everyone’s eyes are on Bitcoin. After last week’s massive 42% jump, not only did Bitcoin reclaim 2% market dominance, totaling at 67.5%, it equally brought the total market capitalization of the cryptocurrencies market to $250 billion. Indeed, this has breathed bullishness into a stagnant, ranging market. The question remains, what Bitcoin’s next major step is: will it break out of the descending channel…

Key Takeaways Bitcoin reaching key support zone. Ethereum appears to want a rally but lacking conviction on the USD and BTC pair. BTC/USD Weekly Daily After 26 days, Bitcoin decided to make a move - many were expecting a bounce, but this proved to be premature.  On Wednesday, BTC/USD fell through its range support at the $7800 zone, finding a new local bottom at $7308. The 200-week moving average was acting as support for this range until the price fell…

Get the weekly summary of cryptocurrency market trends, news, and forecasts! This Week’s Summary The Crypto Market ends the week at a total market capitalization of $217 billion. Bitcoin’s price drops below $8,000 Ethereum price fails to reach the $180 threshold. Ripple still struggles to overcome the $0.30 hurdle. Facebook's Libra loses support from Visa, MasterCard, and PayPal. Crypto Trends 13-20th of October 2019: Performance & Analysis The third week of October 2019 has seen the crypto market continue its…

Ethereum is a public computing network for decentralized applications that operate globally. Ethereum is often thrown into the same basket as Bitcoin by crypto neophytes. However, besides its cryptocurrency token, Ether (ETH), there are very few similarities. Ethereum has a more far-reaching use of blockchain technology. It enables users to develop and run almost any type of code, store it on the ledger, and let it gain authenticity through smart contracts and the entire platform's participation. Ethereum empowers people from…