Ethereum bounces from $1600: What's ahead?

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ETH saw a corrective bounce from key ascenThe post Ethereum bounces from $1600: What's ahead? appeared first on AMBCrypto.

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Ethereum (ETH) Starts Making Moves Ahead of FOMC, Here's How Things May Turn Out

Large quantities of Ethereum are being moved on network ahead of important Fed decision

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Addresses Holding 32 ETH Hits All-Time High Ahead of Ethereum 2.0 Launch

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Ethereum Just Posted a Strong Weekly Close as Analysts Eye Upside

Ethereum has been consolidating alongside Bitcoin for the past few days, with bulls and bears currently locked in a heated battle as its price trades around $450 Where the market trends next will depend largely on whether or not Bitcoin can stabilize or move higher Global stock market volatility as a result of the vaccine news may also play a role in BTC’s price action in the week ahead Because ETH is a higher beta […]

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Ethereum Is Cleared to Nearly Double In the Months Ahead: Analysts

Ethereum has seen a strong bounce since the September lows near $310. The coin now trades for $455, though peaked at $465 a few days ago. Technical trends show that the cryptocurrency will likely continue its ascent in the months ahead.

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Ethereum ahead in fees revenue despite Bitcoin’s 198% fee rise

Bitcoin’s transaction fees have posted a massive surge that has seen the average fee... The post Ethereum ahead in fees revenue despite Bitcoin’s 198% fee rise appeared first on Coin Journal.

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Ethereum Prints Pivotal Bullish Signal as It Holds $390 Region

Ethereum is expected to move much higher in the months ahead as the leading cryptocurrency prints a bullish technical signal. Ethereum Bounces Cleanly Off $390 Horizontal Region in Bullish Move As the chart shared below shows, ETH recently bounced off the $380-390 horizontal region, which marks a win for bulls.

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Here’s Why Analysts Think That Ethereum’s Uptrend Remains on Track

Ethereum has stalled after hitting the pivotal highs of $420 earlier this week. The coin now trades for $408, failing to break higher even as Bitcoin flirts with yet another breakout ahead of the weekly close.

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Ethereum’s Ongoing Breakout Suggests a Move to $500 Is Possible

The price of Ethereum currently trades for $420. This price is $100 higher than the September lows and around 15% higher than the coin was trading last week. ETH is expected to push higher in the weeks ahead as it surmounts pivotal technical levels on a short-term basis.

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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 […]

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Gold Fractal Predicts the Ethereum-Based LEND Could Double in Months Ahead

Like other crypto assets, LEND underwent a strong correction last week. The cryptocurrency came under pressure due to Bitcoin and Ethereum diving lower as the legacy market slipped. LEND also suffered from a short-term collapse in DeFi, caused by the exit of Chef Nomi from SushiSwap.

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‘Overvalued’ SUSHI Dumps 80% Ahead of Platform Migration

The DeFi food farming frenzy appears to be freezing over as recently-hyped tokens begin to dump and Ethereum transaction fees return to some state of normality. One of the hottest tokens, SUSHI, is already in freefall as recent research suggests it is way overvalued.

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Eerie Bitcoin Fractal Suggests Ethereum’s Price Is About To Explode Higher

Ethereum just collapsed a full 37% over the last week, following a new 2020 high and a record over 300% rally from Black Thursday lows. But despite how sharp and violent the selloff has been, its possible that the price action is a bullish retest that after confirmation leads to more new highs ahead. According […]

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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.

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Ethereum Slides 14% In 24 Hours, Bear Div Hints At Deeper Drop Ahead

Few cryptocurrencies have had as explosive growth in 2020 as Ethereum has. The top-ranked altcoin led the market into a recovery in early 2020, and after a revisit to an accumulation range, the DeFi trend helped Etheruem rocket out of lows.

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Ethereum Winning Streak Ends with 12% Plunge; Crash Ahead?

Ethereum (Symbol: ETHUSD) snapped its five-day winning streak, falling sharply as on cues from a broader correction sentiment across the cryptocurrency market. The second-largest crypto by market cap slipped by more than 12 percent from its Wednesday top of $481.

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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, […]

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Chainlink (LINK) Surges 10% Higher: What Do Analysts Think Is Next?

Chainlink (LINK) has surged 10% higher in the past 24 hours, regaining strength while Bitcoin and Ethereum consolidate in the middle of their ranges. The popular altcoin is poised to press higher in the days ahead according to a number of analysts, who argue that the fundamentals of Chainlink remain strong. This rally comes as […]

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Ethereum Potentially Trades Inside Livermore Accumulation Cylinder Pattern, New ATH Imminent

Ethereum has spent more than two years in being accumulated by smart money at low prices ahead of substantial markup. It has caused the asset to outperform most of the crypto market, including Bitcoin.

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Last Week’s Bitcoin, Crypto Market Roundup and What Lies in the Week Ahead

The pressure is building in the crypto market, with Bitcoin lingering below $12K as positive network metrics point towards further upside. Along with Bitcoin, large-cap altcoins including Ethereum and XRP have finished the week in much the same place they started.

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This Support Could “Launch” Ethereum to $500 as Bulls Slow Its Descent

Ethereum saw a sharp decline throughout the past couple of days that led it to break below $400 The selling pressure driving this movement ramped up overnight, but bulls have since been able to reverse it Analysts are now noting that it may be well-positioned to see further upside in the days and weeks ahead Its positive reaction to one crucial support level is even leading one trader to note that it could soon be […]

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Party Like It’s 2017: Whales and Degenerates of DeFi

The DeFi craze is full-steam ahead: the total value locked has already passed $5 billion, the number of transactions on Ethereum hit 2018 levels, and gas prices are through the...

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Ethereum open contracts remain high - Trouble ahead?

Ethereum has been indicating strong signs of bullish momentum in the cryptocurrency market. The second-largest digital asset has been on an upwards journey since mid-July and witnessed another boost iThe post Ethereum open contracts remain high - Trouble ahead? appeared first on AMBCrypto.

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Ethereum’s Multi-Client Medalla Testnet Goes Live Ahead of ETH 2.0 Launch

Ethereum’s highly-anticipated multi-client Medalla testnet is now live with 20,000 validators. The Final Testnet Before ETH 2. 0 Ethereum’s final testnet before the launch of ETH 2. 0, Medalla went live on August 4, 1 PM UTC.

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Ethereum Foundation is Building a Security Team for ETH 2.0 Rollout

A security team has been set up to handle any security issues ahead of Ethereum’s staking upgrade, a developer said Sunday. Bolstering Security The Ethereum Foundation (EF) is not taking any chances when it comes to the much-awaited ETH 2.

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Bitcoin’s Monthly Candle is About to See Its Most Bullish Close Since 2017

Bitcoin and the aggregated crypto market are currently flashing some signs of tempered strength as most assets push higher BTC is still caught within a consolidation phase within the lower-$11,000 region Strength in other assets, like Ethereum, may help guide the benchmark crypto higher in the days ahead One analyst is now noting that BTC is about to post one of the most bullish monthly candles it has seen since late-2017 As long as BTC’s […]

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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 […]

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Ethereum Climbs to Yearly High, Technicals Show New Peaks Ahead

Since the Ethereum Foundation has accelerated the development of ETH 2.0, the buying pressure behind this cryptocurrency has skyrocketed to new yearly highs. Now, several technical indicators have pointed out...

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Ethereum Just Broke a Multi-Year Accumulation Range; $350 May Be Imminent

Ethereum incurred a strong impulse higher yesterday that allowed it to shatter through the upper boundary of its macro trading range between $230 and $250. This allowed the cryptocurrency to completely alter its technical trajectory, as analysts are now noting that it could be poised to push significantly higher in the days and weeks ahead. […]

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Ethereum at $243 Is “Hilarious,” Says Analyst as ETH2 and Staking Near

Since the start of the year, Ethereum has done rather well. Per data from TradingView, the leading altcoin is trading approximately 80% higher than the price it started 2020 at. Analysts expect ETH to rally further in the months and years ahead as the underlying network’s fundamentals lend to increased demand for the asset. One […]

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Final Ethereum 2.0 Testnet Likely to Launch on August 4

The final testnet for Ethereum 2. 0 will be released in under two weeks, said the project’s developers on June 21. Final Testnet Coming August 2020 As Decrypt reported, the last testnet ahead of Ethereum 2.

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Ethereum Foundation Launches Bug Bounties Ahead of ETH 2.0 Upgrade

The Ethereum Foundation – the non-profit that oversees and supports development on the Ethereum network – launched bug bounty programs for two ETH 2. 0 networks yesterday. Bug Bounties for ETH 2.

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More Delays Ahead? Ethereum 2.0 Economic Model Under Scrutiny

An independent research paper explores the in-depth economics behind Ethereum 2. 0. The study hails from Tanner Hoban and Thomas Borgers, both members of the corporate development team at ConsenSys.

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Cardano and Tezos Face Stiff Resistance Ahead of Their Ascent

Cardano and Tezos posted impressive gains over the last few weeks, but stiff resistance could pose problems for their ascent. Cardano Might Hit a Wall One of the so-called “Ethereum...

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Three Simple Reasons Why Ethereum Won’t Benefit from DeFi’s Growth

DeFi-related tokens have been caught within an intense bull market over the past several weeks, with many posting 100%+ gains This growth has been fueled by return-hungry investors looking to take advantage of “yield farming” This trend isn’t fading as fast as some analysts expected and could continue strong in the months ahead Although built upon Ethereum, the DeFi sectors growth hasn’t boosted ETH’s price One prominent investor doesn’t believe it will ever become the […]

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Ethereum 2.0 Public Testnet “Altona” Is Now Live, and Activity Is Booming

Ethereum’s much-awaited Altona testnet is now live, a release confirmed June 30. Four validators are already running nodes on the platform, which shall soon be available to the wider community. Altona Goes Live The development is the first-ever multi-client ahead of the public ETH 2.

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So Many Catalysts Calling for a Remarkable Bull Rally of Ethereum

The second-largest cryptocurrency network Ethereum has recorded 85% gains in 2020 so far as it trades at $243. However, this might not be it for Ether and we may record more gains ahead given the number of factors fueling Ethereum growth.

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Ethereum’s Reaction to This Crucial Support Level Will Determine its Fate in 2020

Ethereum has seen some lackluster price action in recent times, largely facing sideways trading similar to that incurred by Bitcoin and the entire crypto market It has posted some signs of weakness throughout the past several hours due to it dipping below its well-established trading range This has led it down to what analysts are describing as a “crucial level,” and its reaction here could determine its fate in the months ahead One venture capitalist […]

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3 snippets to begin your day: Reddit and Ethereum, Ripple's new project and more

Reddit is serious about Ethereum Reddit, the popular social media platform, made waves last month after it announced that it was going ahead with an Ethereum-powered 'community points' rewards systThe post 3 snippets to begin your day: Reddit and Ethereum, Ripple's new project and more appeared first on AMBCrypto.

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ConsenSys Unveils Ethereum Staking Services Ahead of ETH 2.0 Launch

The blockchain software engineering firm ConsenSys, announced this week that it is launching an institutional-grade Ethereum staking-as-a-service platform. The demand for staking applications ahead of the long-awaited ETH 2.

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Ethereum Forms Ascending Channel, But Bears Aren’t Out of the Woods Yet

Ethereum, like Bitcoin, has been able to recapture its previous trading range and put some serious distance between its current price and its recent lows The crypto market has been able to see a swift recovery from the overt weakness seen yesterday This, to many bulls, seemed to confirm that the market is well poised to see further upside in the days and weeks ahead In the case of Ethereum, the crypto now appears to […]

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ConsenSys Codefi Staking Service Launches Institutional Testing Ahead of Ethereum 2.0 Launch

Binance and Huobi exchange are part of a six-institution team selected by leading Ethereum developer, ConsenSys, to test the upcoming ETH 2. 0 staking service. The testing period will allow the developers to find the best iterations to enable the institutions to successfully conduct staking on Ethereum’s upcoming upgrade.

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Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure

Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH could be well positioned to see even further downside in the days and weeks ahead One technical indicator is forecasting that it will plunge to $200 before it is able to garner any notable buying pressure This could lead it to break below a key support […]

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Business Is Booming for DeFi Insurer Nexus Mutual Ahead of Ethereum 2.0

Nexus Mutual, an alternative insurance provider for a variety of Ethereum-based DeFi protocols, has seen its risk pool double over the past 90 days to more than $4 million.

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Ethereum 2.0 Charges Ahead With New ‘Onyx’ Testnet Launch

Blockchain firm Prysmatic Labs announced the launch of a new test network of the Ethereum 2.0 blockchain.

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Ahead of ETH 2.0, Ethereum Wallets Show Investors are Ready for Staking

Ethereum’s upcoming ETH 2. 0 Serenity update is the protocol’s much-awaited move to a PoS consensus algorithm. While for technologists, the move means a better, more secure, and faster network that allows for scalable dApp development, investors have reasons to rejoice as they enjoy rewards in turn for locking up ETH capital.

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ETH/BTC Expected to Print Golden Cross Ahead of Ethereum 2.0 Launch by Trader

Crypto trader Josh Olszewicz expects the Ethereum price to start outperforming Bitcoin due to its bullish technical picture and the Ethereum 2.0 hype

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What to Expect From TRON 4.0: Justin Sun Reveals All

TRON founder Justin Sun has been busy hyping TRON 4. 0, claiming that it will become “the mother of all blockchains. ” In his latest video, the CEO insists the much-publicized network upgrade will go ahead in Q3 of 2020 while casting doubts upon the readiness of Ethereum 2.

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Ethereum and Cardano Post Major Gains Ahead of Network Upgrades

Ethereum and Cardano are scheduled to transition to new proof-of-stake consensus algorithms, igniting double-digit gains. Two Major Hard Forks Underway Ethereum and Cardano are scheduled to change their underlying consensus... The post Ethereum and Cardano Post Major Gains Ahead of Network Upgrades appeared first on Crypto Briefing.

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