Ethereum is About to Rocket Higher as Bulls Break Multiple Key Levels

Ethereum’s price has been moving in lockstep with Bitcoin’s throughout the past few days Although this previously caused it to see a prolonged period of boring and lackluster price action, it eventually worked in ETH’s favor The cryptocurrency is now rallying higher and approaching its crucial $380 resistance as buyers take full control of its short-term price action The ongoing upswing is significant, as it has allowed both ETH and BTC to shatter the selling […] дальше »

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Ethereum Surges Towards $370, Denying Expectations of Further Losses

Ethereum fell as low as $315 in September as a strong selloff rattled the markets. Since those lows, ETH has bounced back in notable fashion. The coin currently trades at $369, its highest price in many days as buyers finally step back into the market after an altcoin carnage. дальше »

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Here are the Key Levels Ethereum Must Shatter to Kick Off a Bull Trend

Ethereum’s price has been closely tracking that of Bitcoin throughout the past few days, but this trend has shown some signs of breaking today While Bitcoin is pushing past its key resistance within the lower-$1,000 region, ETH is still stuck below its $360 resistance level If it is able to break these levels, it will then face a significant hurdle between $380 and $400 A continued inability to break above this level could do some […] дальше »

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Ethereum Just Closed Beneath These Critical Levels; Here’s What May Come Next

Ethereum’s price action throughout the past few days and weeks has been rather lackluster The cryptocurrency has been underperforming Bitcoin and even some of its altcoin counterparts This trend is shifting slightly today, as the entire crypto market is starting to move higher One analyst is noting that ETH is bearish from a purely technical standpoint, as it is currently trading below multiple key technical levels Yesterday, it closed beneath both its 50 and 100-day […] дальше »

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Ethereum to Hit $240 as Analysts Claim Market Structure Looks “Abysmal”

Ethereum’s price action has been strikingly similar to that of Bitcoin, and the crypto has been unable to garner any independent momentum This has led ETH to consolidate between $340 and $360 throughout the past couple of days Its reaction to any signs of weakness from BTC has been quite pronounced, which could mean that it will see an extreme reaction to any Bitcoin downturn Analysts are now noting that Ethereum’s market structure looks “abysmal” […] дальше »

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Price analysis 10/7: BTC, ETH, XRP, BCH, BNB, DOT, LINK, LTC, CRO, BSV

Bitcoin and altcoins could remain range-bound for a few days as traders search for triggers that will start the next trending move. дальше »

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Ethereum is Stuck Below a Crucial Level as Weekly Close Fast Approaches

Ethereum’s price has been consolidating alongside Bitcoin’s throughout the past few days, with buyers and sellers reaching an impasse This has come about as the entire cryptocurrency market struggles to find any significant directionality Where the market trends next will likely depend on Bitcoin, which has been performing quite well despite a myriad of bearish news developments ETH’s consolidation phase has grown quite narrow as of late, and it remains stuck below a crucial level […] дальше »

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Ethereum is Primed to Shoot Towards $400 as Market Support Is Strong

Ethereum and Bitcoin have seen mixed performance over the past few days. There was an attempted breakout a few days ago, but that failed due to weakness in legacy markets. ETH is up 0. 8% in the past 24 hours, slightly outperforming Bitcoin. дальше »

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Ethereum Is At a Pivotal Resistance, and a Rejection Could Send ETH to $300

Ethereum has seen a strong performance in the past 24 hours. The coin has reached its highest price in days as it moves to $360. While this is bullish price action, Ethereum printed a number of wicks above the current price. дальше »

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Ethereum has Yet to Reach a Critical Support Zone; Will It Tap $300?

Ethereum’s price action has been nearly identical to that of Bitcoin throughout the past couple of days This caused the crypto to dip as low as $318 yesterday, at which point buyers stepped up and catalyzed from strong momentum This pushed the cryptocurrency up to highs of $340, which is where it found some resistance ETH is now caught within a bout of sideways trading, and its price is offering few signs of clarity to […] дальше »

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UNI Shorts Get REKT As it Goes Into Price Discovery While Uniswap TVL Hits a Record $2 Billion

It has been only three days since Uniswap launched its governance token UNI. The free $1,200 crypto stimulus saw 32k accounts selling their 400 UNI instantly, under $5. This much activity resulted in ETH gas fees skyrocketing to $11. дальше »

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Ethereum Could See Major Weakness if Bulls are Unable to Defend Key Level

Ethereum has seen some immense strength over the past few days, with bulls pushing it as high as $395 before it faced some intense selling pressure that slowed its ascent The cryptocurrency has been unable to garner any significant buying pressure above $390, likely due to Bitcoin’s position beneath its $11,000 resistance Once the benchmark cryptocurrency breaks through, it may create a tailwind that lifts ETH higher The recent launch of Uniswap’s UNI token seems to […] дальше »

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Ethereum Transaction Fees Surge to All-Time Highs After Uniswap Launch

The Ethereum blockchain has become congested after multiple days of low activity. According to GasNow, an ETH transaction fee tracker, the average gas price users of the network are paying has spiked over 500 Gwei. дальше »

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Demand for Ethereum Boosts Market Structure; Will This Propel ETH Higher?

Although Bitcoin’s reaction to $11,000 sparked a slightly harsh rejection, Ethereum’s price has remained rather stable around its $380 resistance level This resistance has held strong on multiple occasions throughout the past few days and weeks, with rejections here catalyzing some of ETH’s largest declines The importance of this level cannot be understated, but whether or not it is broken may depend largely on Bitcoin’s continued reaction to $11,000 Analysts are noting that ETH does […] дальше »

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Analyst: “Altseason” is Postponed as Ethereum Begins Flashing Warning Signs

Ethereum has been seeing some intense selling pressure over the past few days, which has likely come about due to the trend reversal seen amongst DeFi tokens. Because the DeFi market is essentially built on top of Ethereum, the ETH token has been heavily influenced by the expansion of this sector. That being said, as […] дальше »

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Ethereum’s Moving Averages Point to “Bullish Continuation” With a $1,000+ Target

Ethereum has seen some slight weakness throughout the past couple of days. This has come about despite the intense strength that Bitcoin has displayed, signaling that the resistance ETH faces between $380 and $400 may be insurmountable. дальше »

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INX Becomes the First SEC-Registered IPO to Accept Crypto

15th September 2020, New York, United States: INX will start accepting bitcoin (BTC), ether (ETH), and USDC stablecoin, starting today. INX said over 3,000 retail and accredited investors registered for the INX token offering during its first three days. дальше »

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Ethereum Posts “Perfect Rejection” at Key Resistance as Traders Target $420

Ethereum has been closely tracking Bitcoin and the aggregated crypto market throughout the past few days This allowed it to garner some strong momentum earlier this week, but has led it to see some notable downside throughout the past 24-hours BTC and ETH both faced strong rejections above their key resistance regions, which has struck a slight blow to their technical outlooks Analysts are now noting that although this rejection seems grim, it may be […] дальше »

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More Ethereum Whales Joined The Network Despite Recent Price Crash, Data Shows

The price of ethereum recently experienced a major technical breakdown (similar to bitcoin). After breaking below late June 2019’s high of $370, ETH cratered by as much as 30% in less than 7 days. The decreasing prices likely cast a shadow on ETH day traders. дальше »

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Bitcoin Could Be Coiling Up for a Move to $11,000 as Bulls Spark Slight Rally

Bitcoin and the aggregated crypto market have been flashing some signs of strength throughout the past day While BTC rebounded hard from its key support at $10,000, ETH was able to climb back up towards the upper-$300 region This marks a notable rise from its recent lows that were set earlier this week Where the market trends in the coming hours and days should provide significant insight into its near-term outlook One analyst is noting […] дальше »

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Analyst: Ethereum Narrowly Avoids Capitulation as Macro Outlook Grows Bright

Ethereum has posted some strong price action throughout the past couple of days, with the cryptocurrency ardently defending against any sharp decline This strength has come about mostly due to the buying pressure found at $320 This price level, and the region directly above it, have helped the crypto to slow its descent and stabilize Bitcoin’s ability to hold above $10,000 has also aided its price action significantly One analyst is now noting that ETH […] дальше »

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Ethereum Whale Count Grows Amid Price Decline

More Ethereum (ETH) whale wallets have emerged over the past few days despite the over the 30 percent decline in the spot price. 68 New Ethereum Whale Wallets Emerge It appears the optimism of big-money crypto players has not been dampened by the recent market selloff. дальше »

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Price analysis 9/7: BTC, ETH, XRP, LINK, BCH, DOT, BSV, BNB, LTC, CRO

Bitcoin and altcoins could consolidate in a tight range for a few days before making the next decisive move.

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Whale Watch: 68 New Whales Join ETH Network, BTC Holds Lowest Concentration of Whales

Onchain data shows that during the market carnage this past weekend the number of ethereum whales increased significantly, while ETH prices dropped by 30%. Analytics from the data firm Santiment shows 68 new whales joined the network during the last three days. дальше »

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Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe

Ethereum network gas fees that averaged $15. 13 on September 2 have been declining in the past four days ending the day at $3. 43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2. дальше »

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There?s Silver Lining to Ethereum?s 36 Percent Rout

Ethereum fees return to relatively normalcy after ETH plunged 36 percent in days дальше »

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Ethereum May Dive to $295 as Bears Strike a Blow to Its Market Structure

Ethereum has seen some intense selling pressure throughout the past few days, which reached a boiling point overnight when its price declined to lows of $330 The cryptocurrency is now stabilizing following this movement, but sellers appear to be stepping up and catalyzing further selling pressure One analyst is now noting that ETH could decline as low as $295 in the near-term This downside movement may come about as a result of the selling pressure […] дальше »

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Bitcoin is Poised to Explode Towards $11,000 After Tapping Key Liquidity Region

The crypto market has been battered throughout the past few days, with sellers gaining a serious edge over buyers as they force most digital asset prices lower The strength of this selling pressure has been enough to cause some major altcoins like Ethereum to post monumental losses, with ETH plunging to lows of $330 while Bitcoin briefly broke below $10,000 It is important to note that BTC’s latest breakdown was quickly absorbed by bulls, who […] дальше »

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ETH plunged, but 7% of Ethereum supply in DeFi is a mid-term bull sign

The price of Ether (ETH), the native currency of the Ethereum blockchain network, sharply dropped by 27% in five days. The post ETH plunged, but 7% of Ethereum supply in DeFi is a mid-term bull sign appeared first on CryptoSlate. дальше »

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Asset manager explains why Ethereum’s transaction fees won’t kill ETH

As covered extensively by CryptoSlate over recent days, Ethereum’s network congestion is reaching an untenable point. The post Asset manager explains why Ethereum’s transaction fees won’t kill ETH appeared first on CryptoSlate. дальше »

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Price analysis 9/4: BTC, ETH, XRP, LINK, BCH, DOT, LTC, CRO, BNB, BSV

A dead cat bounce from Bitcoin and altcoins’ critical support levels may attract further selling that could result in lower levels over the next few days. дальше »

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Strong Demand for Yearn Finance’s yETH Vault, Capitalizing on Ether, MakerDAO, & Curve

Since the launch of the much-awaited yETH vault on Wednesday, which is heralded as extremely bullish for Ether, it has already locked in 378,000 ETH (worth about $152 million). “The new @iearnfinance yETH vault absorbed 378k ETH since launching 2 days ago. дальше »

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Here’s Why A 51% Attack On Ethereum 2.0 Wouldn’t Be ‘Fatal’, According To Vitalik Buterin

The topic comes hot on the heels of Yearn Finance’s yETH vault success. Since its launch a couple of days ago, the product has already attracted over 335,000 ether. The CIO at Arcane Assets, Eric Wall, alluded that yETH strategists would likely take advantage of the fact that they controlled a huge amount of ETH […] дальше »

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Analysts Expect Ethereum to Hit $500 Despite Tapping Massive Resistance

Ethereum has been flashing signs of immense strength throughout the past few days The cryptocurrency is now pushing towards its yearly highs as its bulls come out in full force This has allowed ETH to rally up to $437, with buyers now aiming at it setting fresh highs of over $440 in the near-term That being said, this level may act as strong resistance for the crypto in the near-term, potentially slowing its ascent Analysts […] дальше »

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Ethereum Smashes Heavy Resistance: Next Bullish Levels Traders Should Watch

Ethereum gained bullish momentum above the $406 resistance against the US Dollar. ETH price is up over 5% and it seems like the bulls are aiming a test of $445 in the coming days. Ethereum climbed higher steadily and broke the $400 and $406 resistance levels. дальше »

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Ethereum to Post Bullish Weekly Close; Will This Invalidate Its Weakness?

Ethereum has expressed some signs of immense strength today, with its buyers catalyzing a sharp upwards movement that has allowed it to surge towards $420 The cryptocurrency’s momentum is leading it into its daily and weekly candle close with a strong market structure Analysts believe that this will be enough to help propel the crypto higher in the days and weeks ahead One analyst is noting that although ETH may face some resistance at $430, […] дальше »

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Ethereum (ETH) price back at $400 after 2.25% growth

Ethereum price is once again back at $400, after previously seeing a minor price rejection. The coin has previously exceeded this level some 10 days ago, when it hit its YTD high. Now, however, with the crypto market once again trading in the green, the second-largest crypto might finally make a new high. дальше »

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Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, ATOM, NEO, CRO

Bitcoin and Ethereum are likely to consolidate for a few days, leading select altcoins to possibly continue their uptrend.

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Ethereum Reaches a Turning Point; Here’s What Could Reverse Its Uptrend

Ethereum has been consolidating alongside Bitcoin throughout the past several days, struggling to break above the heavy resistance that has been formed at $400 This consolidation phase has offered little insight into the cryptocurrency’s near-term outlook Analysts are now noting that ETH may be well-positioned to see significant upside in the short-term One trader is noting that there is one level that could invalidate this strength, but it remains unclear as to whether or not […] дальше »

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Top 5 Cryptocurrencies to Watch This Week: BTC, ETH, XRP, XMR, XTZ

Bitcoin and most altcoins are likely to remain range-bound for a few more days before resuming the next leg of the up move.

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Ethereum is Showing Early Signs of Weakness; Is the Top in?

Ethereum, like Bitcoin, is facing a bout of consolidation as it trades below its crucial near-term resistance This level has held strong throughout the past several days, and each attempt to break above $400 has been met with an influx of selling pressure One result of this consolidation phase has been the emergence of multiple bearish signals that all point to imminent downside Analysts believe that unless ETH gains ground against BTC, it could be […] дальше »

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Price Analysis 8/7: BTC, ETH, XRP, BCH, BSV, LTC, ADA, LINK, BNB, CRO

Bitcoin and altcoins might consolidate or correct marginally for a few days before a possible breakout to the upside.

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Here’s Why One Analyst Expects Ethereum to Tap $275 Before Pushing Any Higher

Ethereum has been struggling to break above $400 for the past several days The selling pressure here is quite significant, and a sustained break above this level would be a highly bullish technical development Because ETH has been consolidating just below it throughout the past few days, bulls may be gearing up for a major push higher Despite being technically strong, one analyst is still expecting the cryptocurrency to see another “scam wick” that leads […] дальше »

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Last Time This Much Ethereum Was In Profit, ETH Declined By 50%

Ethereum has seen an explosive performance over recent weeks. The asset has gained approximately 50% in the past 10 days alone. This recent rally comes after a multi-year bear market that broke the asset under $100. дальше »

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Ethereum Rockets to $380 to Post 10% One-Day Surge: What’s Next For ETH?

What a past few weeks it’s been for Ethereum. The second-largest cryptocurrency is up approximately 50% in the past 10 days alone, with bulls finally flooding to purchase ETH after a strong macro bear market. дальше »

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Ethereum Reaches Crucial Macro Resistance as Analysts Eye a Pullback

Ethereum’s price has rallied higher today in tandem with Bitcoin and other major digital assets This latest surge simply marks an extension of that seen throughout the past several days and weeks, with ETH now trading at the highest price levels seen in over a year The crypto is currently pushing up against its high time frame resistance, however, which could be a sign that its uptrend will start slowing in the near-term Where it […] дальше »

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Ethereum‘s Breakout Rally Suggests Bitcoin is Poised to Explode Past $12,000

Ethereum and Bitcoin are both showing immense signs of strength today as they push towards their recently established key resistance levels ETH once again appears to be leading Bitcoin, as its large upwards price movements now tend to take place just before those seen by BTC This could prove to be incredibly positive for the benchmark cryptocurrency, as analysts believe it could help send it past $12,000 in the days ahead For this possibility to […] дальше »

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Price Analysis 7/29: BTC, ETH, XRP, BCH, BSV, ADA, LTC, CRO, BNB, EOS

Bitcoin and most altcoins could consolidate for a couple of days before resuming their uptrend.

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Ethereum Retraces After Hitting Crucial Resistance; Here’s How Low It May Dip

Ethereum is currently retracing following its intense move higher throughout the past few days The cryptocurrency remains technically strong and is sitting well above where it was trading at just one week ago Despite this, analysts are also noting that it recently reached the top of a crucial range seen while looking at its BTC trading pair One analyst is noting that he expects the cryptocurrency’s uptrend to stall here, potentially causing ETH to see […] дальше »

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As Ethereum rips past $300, Canada is getting its own publicly-traded ETH fund

It’s been an explosive past few days for Ethereum.

The post As Ethereum rips past $300, Canada is getting its own publicly-traded ETH fund appeared first on CryptoSlate.

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