#Ethereum Price Analysis: #ETH Bracing For Next Move Higher
ETH price traded towards the $147 level and later corrected lower against the US Dollar.
There is a short term bearish trend line formed with resistance at $138 on the hourly chart of ETH/USD. The pair likely to break the $138 and $140 resistance levels to start a fresh upward move. Ethereum price is gaining traction against the US Dollar and bitcoin. ETH/USD must stay above the $131 support initiate a fresh rally above $140. Recently, we saw a nice upside move from the $114
#Ethereum: The bounce has some more steam
Ethereum, the third largest cryptocurrency by market capitalisation, has a lot of steam left in this bounce that saw prices climbing up sharply from the prices not seen in more than a year. Although, the bounce won't end the volatility we've seen recently. ETH/USD is down about 0.8 percent on day at $108.67 and trading in about two percent range for the day, thanks to peculiar weekend trading lower volumes. On the 720-minute chart of this crypto, the formation of a channel an
#Ethereum (#ETH) Developers Could Be Planning to Accelerate Network Upgrades
The CEO of Binance, Changpeng Zhao, has on numerous occasions mentioned his personal philosophy of creating on the blockchain whenever the crypto markets are on the decline. This can be seen in his most recent tweet only a few days ago when refering to the current crypto market decline. Further using Mr. Zhao’s philosophy and also keeping in mind the recently concluded Ethereum Developer Conference, we find that developers of the latter network are hard at work building on th
Ethereum [ETH/USD] Technical Analysis: Bear’s win is crystal clear in the market
Ethereum [ETH], the cryptocurrency which was once the second biggest cryptocurrency by market cap, seems to be enjoying its third position. The coin that lost to XRP has succumbed to the bear has it continues to make new low records. According to CoinMarketCap, at press time, Ethereum is trading at $132 with a market cap of $132.73. It has a trading volume of $2.25 billion and has plummeted in the market by 24.94% in the past seven days. In the one-hour chart, the coin shows
Significant #Ethereum (#ETH) Balance Moved to #Binance to Await Action
Binance saw significant transfers in the past day, reaching 45,000 ETH, so far with an unknown effect on the markets. Several large tranches of Ethereum (ETH) have gone into a known Binance wallet from previously unknown addresses. The transfers are yet to make significant whale moves, and the intention behind the transfers is unknown. Close to 45,000 $ETH ($9,385,000.00 USD) has been moved to #Binance in the last 2h. That's about a 3rd of Binance's total ETH volume in the la
#Ethereum Price Jumps On Major Bank Approval And Approaching Proof-Of-Stake
Ethereum has risen sharply after the cryptocurrency's founder Vitalik Buterin signaled a switch to so-called proof-of-stake is "no longer so far away," topping off a strong week for ethereum that began with U.S. bank JP Morgan Chase revealing it had created an enterprise version of the ethereum blockchain. Speaking at a conference in Prague, Buterin outlined the path to ethereum 2.0, which he now calls Serenity, and is designed to solve ethereum's scalability issues — somethi
#Ethereum Price Predictions: Experts Share Their Predictions On How High Ethereum Can Go
Ethereum is the second most popular cryptocurrency in the world. Nearly 2,000 projects have been built on their blockchain at the time of writing, with more popping up seemingly every day. Their global community is massive and wildly enthusiastic. Yet, the price of ETH has taken a huge hit this year. It has plummeted nearly 90% from its all-time high of more than US$1,400 in January, hitting as low as $170 in September. This has caused a lot of alarm and panic among the Ether
#Ethereum (#ETH) Daily Price Forecast
ETH/USD Medium-term Trend: Ranging Resistance Levels: $240, $260, $280
Support Levels: $200, $180, $160 Yesterday, October 24, the ETH/USD pair was in a sideways trend. Yesterday, the crypto’s price reached a high of $208. The digital currency was resisted at a price of $207 and price fell to the low of $203.58. The crypto now fluctuates above the $200 price level between the levels of $203 and $207. Meanwhile, the MACD line and the signal line are below the zero line which
$183 Million in #Ethereum Moved With $0.06 Fee Instantaneously, Better Than Banks
A multi-million dollar worth of transaction that could have cost senders over $5 million in commissions on legacy systems was made with $0.06 on Ethereum. The Ethereum block 6556384 went through 5080 confirmations and took over 19 hours to transfer more than $183,000,000 without having to go through expensive intermediaries. The scene is pretty typical to those who transfer value on the blockchain on a regular basis. But, simultaneously, it is a clear attestation for one of t
#Ethereum Price Shorts Reach Record Levels
Beginning on Thursday, crypto markets experienced a massive sell-off which affected most coins and brought down total market capitalization of cryptocurrencies to $200 billion, down $25 billion in the space of a few hours in what was overall a bearish week for cryptocurrencies as a whole, but ethereum in particular.Behaviour of investors indicates that the market expects ethereum to fall even further. At the moment, of all the major cryptocurrencies, ethereum appears to be th
