Ethereum Price Analysis – ETH Managed to Carry on Rising

2019-5-15 08:26

By Dmitriy Gurkovskiy, Chief Analyst at RoboForex

The ETH is rising for the second day in a row, trading around $208.62 on May 14, following the BTC and other cryptos.

On D1, Buterin’s coin continues its uptrend, with the price having reached the current channel resistance. Once the latter gets broken out, the crypto will be able to reach the projection channel resistance at $257.60, or 23.60% Fibo; the rise may then continue even further. The support is meanwhile at $160.

On H4, the ETH is testing the current channel resistance, and may pull back in the short term, once the local support is broken out and the price heads to 23.60% Fibo, or $199.52. The next targets are lying at 38.20%, or $189.93, and 50%, or $182.13.

Ethereum is getting ready for a huge update that would raise the transaction speed and improve security. The new Sapphire network based on Casper PoS protocol for Ethereum 2.0 is now working in sandbox mode, and the users may already test a new mining scheme, ETH stacking. Unlike traditional mining, in this mode, one may store crypto coins on in-built wallets. The coins may be then transferred from the sandbox to the new network, and both penalties and rewards may be earned.

The sandbox environment has no smart contract access yet, and the number of validators is limited, but these limits are to be lifted in the future. Ethereum 2.0 is going to become quicker, safer, and more cost-effective. The transaction speed is going to be 1,000 TPS, which is impressive.

Disclaimer

Any predictions contained herein are based on the authors’ particular opinion. This analysis shall not be treated as trading advice. RoboForex shall not be held liable for the results of the trades arising from relying upon trading recommendations and reviews contained herein.

The post Ethereum Price Analysis – ETH Managed to Carry on Rising appeared first on NullTX.

Similar to Notcoin - Blum - Airdrops In 2024

origin »

Ethereum (ETH) на Currencies.ru

$ 3364.83 (+0.44%)
Объем 24H $49.752b
Изменеия 24h: 10.76 %, 7d: 7.28 %
Cегодня L: $3039.69 - H: $3382.36
Капитализация $405.218b Rank 2
Цена в час новости $ 230.89 (1357.33%)

price rising eth managed ethereum analysis carry

Источник: nulltx.com

price rising → Результатов: 126


Holochain (HOT) Price Prediction for 2019 And Beyond: HOLO The Blockchain Killer To Keep Rising (Early May Update)

Early May update: Technicals The move up we predicted last time we analyzed Holo materialized only slightly as the move up was very limited and quickly lost steem. Right now, HOTBTC chart keeps drifting along the downward trendline (blue line) and the bottom band of the Bollinger bands which serve as the support zone.

2019-5-4 00:58


Holochain (HOT) Price Prediction for 2019 And Beyond: HOLO The Blockchain Killer To Keep Rising (Late April Update)

Late April update: Technicals The move up we predicted last time we analyzed Holo materialized only slightly as the move up was very limited and quickly lost steem. Right now, HOTBTC chart is hitting the downward trendline (blue line) and the bottom band of the Bollinger bands which should serve as the support and rebound […] The post Holochain (HOT) Price Prediction for 2019 And Beyond: HOLO The Blockchain Killer To Keep Rising (Late April Update) appeared first on CaptainAltcoin.

2019-4-26 17:07


Ethereum May Surge 35% to $200 in Near-Term; What Will Fuel It?

Throughout the past month, the price of Ethereum (ETH) increased from $126 to $140, by more than 11 percent against the U. S. dollar. Similar to how several strategists expect the bitcoin price to increase substantially if it breaks the $4,200 resistance level in the near-term, traders foresee Ethereum rising to as high as $200 if it rebounds over crucial levels.

2019-3-31 13:29


дальше еще 77 новостей →

Партнеры Currencies.ru

Аналог Notcoin - Blum - Играй и зарабатывай Монеты



Реклама на Currencies.ru

Самое свежее на Currencies.ru

Ethereum Bullish Signal: Adoption Hits Four-Month High Rate

On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price. Ethereum Network Growth Has Shot Up Recently According to data from the on-chain analytics firm Santiment, the ETH blockchain has recently created many wallets.

Ethereum Rockets Forward With 3.3% Network Growth While Bitcoin Goes Stale

On-chain data shows Ethereum has notably outpaced Bitcoin in terms of adoption during the last three months, a sign that could be positive for ETH. Ethereum Has Seen Its Holder Count Go Up By 3.3% In Last Three Months According to data from the on-chain analytics firm Santiment, Ethereum has continued to separate itself from […]

Ethereum Bullish Signal: Whales Show $530 Million Buying Spree

On-chain data shows the Ethereum whales have recently gone on a significant accumulation spree, a sign that could be bullish for ETH’s price. Ethereum Whales Have Added 200,000 ETH To Their Holdings Recently As explained by analyst Ali Martinez in a new post on X, the ETH whales have gone on a buying spree recently. […]