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Ethereum’s Macro Outlook is “Ultra Bullish” Despite Recent Turbulence

Ethereum has been closely tracking Bitcoin’s price action throughout the past couple of days This has caused it to see a notable selloff, with bulls and bears now reaching an impasse as it trades just above its crucial $380 support level A continued defense of this level is key if bulls want to fuel a move higher in the near-term One analyst is now noting that the cryptocurrency’s macro outlook is ultra-bullish despite the recent […] дальше »

2020-10-30 23:00


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Bullish for ETH: Miners Aren’t Selling Ethereum Despite Its Sizable Rally

Ethereum’s price has rocketed over the past few days alongside Bitcoin, but it has been underperforming the benchmark crypto While Bitcoin is currently on the brink of setting fresh yearly highs, ETH is trading down significantly from its $490 highs that were set a couple of months ago For ETH to outperform BTC, there will likely have to be a resurgence in the DeFi space This will drive transactional volume and buy-side pressure for ETH […] дальше »

2020-10-25 22:00


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Analyst: Ethereum is Poised to Rally Past $430 Despite Consolidation

Ethereum has been showing tremendous signs of strength as it begins moving in lockstep with Bitcoin Despite seeing a selloff on the first day that Bitcoin started rallying, ETH quickly reshaped its previously close correlation with BTC and began surging This surge led its price all the way up to highs of $420 yesterday, which is where it found some slight resistance One analyst believes that this resistance will be swiftly surmounted in the near-term […] дальше »

2020-10-24 23:00


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Analysts Think Ethereum’s Bull Trend is “Just Getting Started” Despite Selloff

Ethereum has plunged today despite the strength seen by Bitcoin ETH’s ongoing descent has sent shockwaves throughout the market, creating a tailwind that has adversely impacted most other altcoins This intense selling pressure isn’t showing any signs of letting up today, but it is important to note that there’s still a chance that an upside movement is brewing One analyst is pointing to ETH’s Renko chart with a Guppy indicator, noting that it appears to […] дальше »

2020-10-21 23:00


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Square, Paypal Could Intentionally be Excluding Ethereum to Gain Bitcoin Payments Monopoly Ahead of ETH 2.0

The crypto community has taken a keen interest in the fact that many of the new companies investing in the crypto market are only stacking BTC and leaving out ETH. This has raised a lot of speculation as to why ETH is being left out of new and big investment portfolios despite being the second-largest cryptocurrency […] дальше »

2020-10-12 20:48


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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 »

2020-10-4 22:00


Ethereum to See Further Losses as Crypto Market Becomes “Beyond Bearish”

Ethereum and the aggregated crypto market have been caught in the throes of a strong downtrend throughout the past 24-hours This has come about due to multiple macro developments, including news about President Trump’s health as well as the government’s decision to chart the BitMEX owners Despite the overt bearishness of these sellable news events, both Ethereum and Bitcoin are still sitting above their multi-week lows That being said, one analyst is expecting Ethereum to […] дальше »

2020-10-3 23:00


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Bitcoin’s Fixed Supply Makes The Primary Beneficiary In Times Of High Fiat Inflation- Bloomberg’s Strategist

Bitcoin’s YTD performance of 45.95% in 2020 is impressive despite high volatility and underperformance in comparison to other digital assets like Ethereum and DeFi tokens. However, as the most dominant coin in the crypto market, Bitcoin serves as the point of reference for analysts’ evaluation of the crypto market vs. the traditional market. In a […] дальше »

2020-9-25 17:02


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This Pivotal Level Could Trigger an Ethereum Correction Under $300

Analysts are fearful that Ethereum could drop under $300 despite strength in Bitcoin and legacy markets. Related Reading: This European Crypto Exchange Was Just Hacked for $5 Million Ethereum Could Move Under $300, Analysts Fear: Here’s Why Ethereum is risking a drop under $300 due to it reaching a pivotal resistance region in the $380 region. […] дальше »

2020-9-17 13:00


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Bitcoin Miner Outflows a Grave Sign for BTC Despite $11,000 Breakout

Bitcoin has seen some intense strength throughout the past several days, with the cryptocurrency marching from lows of $9,900 to highs of over $11,000 that were set today. This strength is somewhat unique in that BTC is the only major cryptocurrency currently marching higher, as most others are stuck within consolidation phases or downtrends. Ethereum, […] дальше »

2020-9-17 05:00


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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300

Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »

2020-9-16 23:00


DeFi Effect: Ethereum Network Grows 25% In 2020, Most Addresses Profitable

Ethereum has had a remarkable year thanks to the DeFi explosion. Not since the ICO boom has the crypto asset seen this much demand, development, and network activity. And despite the recent plunge in Ethereum price, addresses have only grown, reaching a new all-time high and growing over 25% in 2020 alone. Here’s why Ethereum […] дальше »

2020-9-11 22:00