ETH price is currently correcting higher and is trading above the $190 level against the US Dollar.The price is still trading well below the key $195 resistance area.There was a break above a major declining channel with resistance near $192 on the hourly chart of ETH/USD (data feed via Kraken).The pair is struggling to continue...Read More
ETH price remained in a bearish zone and even tested the $180 support area against the US Dollar.The price is currently correcting higher, but it is facing hurdles near $192 and $195.There is a significant bearish trend line forming with resistance near $192 on the 4-hours chart of ETH/USD (data feed via Kraken).An upside break...Read More
Ethereum and the aggregated crypto market has been closely tracking Bitcoin’s price action over the past week, which has resulted in a choppy trading session for ETH that has ultimately led it to drop back towards $185 – which remains a critical support level for the cryptocurrency.Although ETH is likely to find some support around...Read More
ETH price started a decent recovery after it tested the $180 support area against the US Dollar.The price is currently struggling to break a major resistance area near the $195 level.There is a key contracting triangle forming with resistance near $194 on the hourly chart of ETH/USD (data feed via Kraken).The pair remains at a...Read More
ETH price started a fresh decrease after it failed to climb above the $202 resistance against the US Dollar.The price is down more than 8% from the high and it is now trading well below $190.There is a connecting bearish trend line forming with resistance near $190 on the hourly chart of ETH/USD (data feed...Read More
Vitalik Buterin was in the news after speaking to the newspaper, ‘Toronto Star’, and stating that “Scalability is a big bottleneck because the Ethereum blockchain is almost full.” High transaction fees are obstructing widespread adoption, he said. His words were, “If you’re a bigger organization, the calculus is that if we join, it will not...Read More
Bitcoin Cash Price Analysis (BCH/USD) In the last 24hrs, Bitcoin cash has maintained a bearish run. The same trend is most likely to continue since the 21 day MA is actively trading above the 7 day MA. BCH/USD pair corrected losses yesterday to trade below the critical resistance level at $322.0. Additionally, the bearish pressure...Read More
Photo: A1 Austria’s telecommunications giant and the country’s largest mobile service provider A1 has officially announced accepting cryptocurrency payments at some of its store locations across Austria. In the official announcement, A1 states that in its pilot project, they will accept cryptocurrency payments at some A1 shops while demonstrating global businesses that integrating digital currency...Read More
This is a paid press release, which contains forward looking statements, and should be treated as advertising or promotional material. Bitcoin.com is not responsible for or liable for any content, accuracy or quality within the press release. 21/08/2019, London: Kinesis is proud to announce a partnership with CoolBitX Technology, the developers of the world’s first...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH has put its restoration on a halt: the market situation does not stimulate active buying. Tuesday morning, August 20th, the cryptocurrency slightly declines, trading at $198.95. On H4, the Ethereum has formed a convergence after nearing an important correction level of 61.8% ($163.20) Fibo. This suggests...Read More
ETH price started a downside correction after testing the $202 resistance area against the US Dollar.The price is currently trading below $198 and is trading near the $194 support area.This week’s followed key bullish trend line with support near $194 is active on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely...Read More
During his recent interview, Vitalik Buterin stressed on key factors of scalability, account security and usability which will steer ahead of the mass adoption of digital currencies. The cryptocurrency community is closely watching all the developments taking place in the Ethereum ecosystem. Over the last year, Ethereum developers have been rigorously working on improving the...Read More
ETH price extended its recent upward move and tested the $202 resistance against the US Dollar.The price is struggling to gain bullish momentum above the $202 resistance area.There is a short term ascending channel forming with support near $198 on the hourly chart of ETH/USD (data feed via Kraken).The pair could decline a few points,...Read More
Ethereum’s price action has been closely tracking that of Bitcoin over the past several days, and ETH has been able to post a strong recovery from its recent drop to below $185.Analysts are now noting that Ethereum’s ability to break above the key resistance level of $200 may be emblematic of a shifting short-term trend,...Read More
ETH price recovered recently and managed to climb above the $190 resistance against the US Dollar.The price is now trading nicely above the $190 and $192 resistance levels.There is a connecting bullish trend line forming with support near $188 on the hourly chart of ETH/USD (data feed via Kraken).The pair is likely to continue higher,...Read More
ETH price declined heavily below the key $200 and $190 support levels against the US Dollar.The price is currently consolidating losses after trading as low as $174.There is a crucial bearish trend line forming with resistance near $195 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could start a strong upward move...Read More
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The second cryptocurrency in terms of capitalization, the Ethereum, continues a declining correction. The test of the important support level of $165 is close; if it happens, the buyers will have to demonstrate a bounce in order to prevent further decline. It is possible that the ETH is...Read More
When the Bitcoin price starts to head south in rather quick succession, it is evident the rest of the markets will follow suit pretty quickly. The Ethereum price, while going through a bit of a run recently, is now facing a fair struggle in terms of maintaining the $170 level. It has become apparent this...Read More