Home » Ethereum (page 2)

Ethereum

Hopes of Crypto Recovery Fade as Altcoins Lose Ground

Crypto land is in decline; altcoins getting hit hardest are Stellar, VeChain, and OmiseGO, only Dash on the up The correction has continued as we end the working week in crypto land. Markets have dropped back below $285 billion and most cryptos are in the red again as the bears regain control. Bitcoin is one of the few gainers at ...

Read More »

Bitcoin (BTC) Price Watch: Is That a Bullish Continuation Signal?

Bitcoin Price Key Highlights Bitcoin price recently broke past key resistance levels but is now consolidating around the $7,400 level. This could be seen as a bullish flag pattern, which follows a strong rally and could be seen as a continuation signal. A break past the $7,600 level could be enough to confirm that the bullish run is resuming. Bitcoin ...

Read More »

Bitcoin Price Watch: Can BTC/USD Hold This?

Key Points Bitcoin price is consolidating below a key resistance at $7,555 against the US Dollar. There is a connecting bullish trend line forming with support at $7,390 on the hourly chart of the BTC/USD pair (data feed from Kraken). A break below $7,380 could trigger a major downward correction towards $7,100. Bitcoin price is finding it hard to move ...

Read More »

Cardano Price Analysis: ADA/USD Approaching Key Support

Key Highlights ADA price surged towards the $0.2000 level before starting a downside correction against the US Dollar (tethered). There is a significant bullish trend line formed with support at $0.1700 on the hourly chart of the ADA/USD pair (data feed via Bittrex). The pair is correcting lower, but it remains well supported above the $0.1700 level. Cardano price is ...

Read More »

Ripple Price Analysis: XRP/USD Turned Bearish?

Key Highlights Ripple price broke a major support area near $0.4750 to move into a bearish zone against the US dollar. There is a key bearish trend line in place with resistance at $0.4700 on the hourly chart of the XRP/USD pair (data source from Kraken). The pair must move back above $0.4750 and the 100 hourly simple moving average ...

Read More »

$230 Million Cleared on BitMEX Amidst Bitcoin Recovery, Short Squeeze Likely

Bitcoin’s most recent run-up has led many to ask, what was the catalyst? Some analysts cited institutional money, while others pointed out that it may have been positive technicals and a short squeeze. On Thursday’s showing of CNBC Fast Money, the CEO of Bitmex addressed the latter theory. BitMEX’s CEO Addresses The Short Squeeze Theory According to Business Insider, Bitcoin’s ...

Read More »

Bitcoin Cash Price Analysis: BCH/USD Holding Key Support

Key Points Bitcoin cash price is holding an important support near $800 against the US Dollar. There is a contracting triangle forming with support near $805 on the hourly chart of the BCH/USD pair (data feed from Kraken). The pair has to move above the $830 and $840 resistances to gain traction in the near term. Bitcoin cash price remains ...

Read More »

Ethereum Price Analysis: ETH/USD Facing Uphill Task

Key Highlights ETH price declined further and broke the $482 and $475 support levels against the US Dollar. There is a major bearish trend line formed with resistance near $475 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to move above the $475 and $480 resistance levels to move into a bullish zone. Ethereum price ...

Read More »

Tron (TRX) Price Watch: More Bulls Ready to Join This Retest?

Tron Price Key Highlights Tron recently broke past a descending trend line on the 4-hour chart to signal a reversal from the downtrend. Price hit resistance at 0.0435 and is in the middle of a correction from the rally. Using the Fibonacci retracement tool shows the near-term support levels where buyers might be waiting. Tron is in the middle of ...

Read More »