Ethereum climbed by 4.2% today as it reached the $380 mark. The cryptocurrency broke a descending triangle pattern on the short term charts. Against Bitcoin, ETH is starting to recover as it climbed back above 0.035 BTC. ETH/USD – Etheruem Bulls Break Descending Triangle. Key Support Levels: $364, $350, $336.Key Resistance Levels: $390, $400, $410....Read More
Bitcoin surged intraday and topped at a new 2-week high of $11,100 but has retraced below $10,900 since then. Most altcoins recover from the recent losses, with Ethereum rising with 4% to about $380. Bitcoin To $11,100 And Back After trading at about $10,800 yesterday, it seemed that Bitcoin reacted positively to the US Federal...Read More
Within an hour of Uniswap launching its long-awaited UNI token and yield farming incentives, Ethereum started to grind slower under the pressure, and gas fees have surged as the transaction queue lengthens. Uniswap ETH Pools Launched The big draw for DeFi farmers is the four ETH based liquidity pools the Uniswap has just launched to...Read More
Ethereum bulls are currently trying to defend the 2019 high price at $364. The cryptocurrency is forming a descending triangle pattern on the 4HR charts. Against Bitcoin, ETH shows weakness as it starts to head back to the September support around 0.0329 BTC. ETH/USD – Etheruem Starts To Form Short Term Descending Triangle Key Support...Read More
Bitcoin continues with its steady increase and reached an intraday high of $10,900. On the other hand, most alternative coins are losing substantial chunks of value, and BTC has increased its dominance over the market. BTC Nears $11K The primary cryptocurrency has been performing somewhat positive in the past few days. BTC marked a fresh...Read More
Bitcoin’s 3.5% increase led to its highest price level in about 12 days, while also increasing its dominance over the market. The top 10 coins by market cap see more rotations, as some alts have followed BTC’s move upwards. Bitcoin Tops At $10,840 As reported yesterday, the primary cryptocurrency had issues with the resistance at...Read More
Etheruem saw a 6.3% price rise this week as it hits $375 today. The coin bounced 7% from yesterday’s low. Against Bitcoin, ETH reached as high as 0.0371 BTC during the weekend. It has since dropped to 0.0352 BTC. ETH/USD – Ethereum Bulls Attempting To Wake Up Key Support Levels: $364, $350, $336.Key Resistance Levels:...Read More
After the gains registered during the weekend, most cryptocurrencies are retracing today. Bitcoin declined from its weekly top of $10,560 to $10,350, while Ethereum lost 4.5% of its value to $370. Bitcoin Rejected At $10,560 During the weekend, Bitcoin broke above the resistance at $10,500. BTC topped at $10,560 yesterday, but it couldn’t maintain its...Read More
Bitcoin has taken another swing at the previous 2020 high of $10,500 and currently trades above it. Ethereum nears $400, while the top 10 tokens see a few rotations, including Polkadot and Binance Coin. DeFi tokens are booming again with Yearn.Finance marking a new all-time high of about $44,000. Bitcoin Progresses Steadily The primary cryptocurrency...Read More
Bitcoin continues to trade in the five-digit territory and even spiked towards $10,400. Binance Coin (BNB) is among the best performing tokens today, while most other larger-cap alts are marking minor gains. Bitcoin Struggles At $10,400 After the unsuccessful attempt to overcome $10,500, Bitcoin dived yesterday and bottomed at about $10,200. However, the bulls interfered...Read More
Bitcoin Bitcoin moved sideways this week as a consolidation pattern appeared in the form of a symmetrical triangle. This triangle is best seen on the hourly charts and is highlighted by the white boundaries. The cryptocurrency dropped by a steep 15% in September from $12,000 to the current $10,260 level. The $10,000 level provided strong...Read More
Most of the cryptocurrency market is retracing on a 24-hour scale despite increasing in value intraday. Bitcoin surged to nearly $10,500 but is back below $10,300, while Ethereum dips to $360. Bitcoin Stopped At $10,500 The positive news for the primary cryptocurrency is that its price remains in the five-digit territory. In fact, Bitcoin even...Read More
ETH bulls penetrated above a symmetrical triangle pattern, as the price rose from $350 to over $370 as of writing these lines. Against Bitcoin, ETH rebounded from the 0.0329 BTC support to resistance at 0.0361 BTC, which is the current daily high. ETH/USD – Ethereum Penetrated Above The Symmetrical Triangle Key Support Levels: $364, $350,...Read More
This year has certainly been a test of the Ethereum network, pushing it to its limits under unprecedented loads. Users have been disgruntled with sky-high gas fees, but other on-chain metrics have been good for the overall Ethereum ecosystem. Economic Activity Surges A recent report by analytics firm CoinMetrics has revealed that Ethereum has flipped...Read More
Bitcoin has followed Wednesday’s increases on Wall Street and has risen to about $10,400. Most altcoins are also in green, as the total market cap sees a $22 billion addition over the past day. Ethereum, Polkadot, and Chainlink surge by approximately 10%, while DeFi tokens lead the way with the most gains, as YFI touches...Read More
Despite the short-term adverse price developments for Ethereum, ETH whales have continued to accumulate. Data from Santiment revealed that the top non-exchange whale addresses had increased their holdings by over 80% in August alone. ETH Whales Increased Their Holdings Similarly to the ICO boom in 2017, Ethereum’s popularity surged in 2020 as its blockchain serves...Read More
Bitcoin slid once again beneath the $10,000 mark, but it stands above it now. Most of the altcoin market retrace today, especially DeFi representatives. BTC’s high correlation with the stock markets could suggest further declines, as Wall Street marked significant losses during yesterday’s trading session. Bitcoin Recovers From Another Sub-$10K Trip As reported yesterday, BTC...Read More
Ethereum dropped by a very sharp 30% this week as it plummets into the $335 level. The bulls are currently attempting to defend the 100-day EMA, but it looks likely to break with the increased bearish pressure. Against Bitcoin, ETH remains supported at the 0.0329 BTC level provided by a .5 Fib Retracement. ETH/USD: Ethereum...Read More
Bitcoin dived once more under the $10,000 mark, but it rapidly bounced off and sits above it now. The rest of the market resembled BTC’s movements with initial dumps and quick recovery. Given the high correlation, all eyes are now on Wall Street as the market will open today for the first time since Friday...Read More
The whole fever of DeFi and high-risk investments may soon turn into Ethereum’s worst nightmare, and those responsible for this debacle may not be the yield farmers. Rather, it could be the participants of a giant investment plan cataloged as a Ponzi/MLM scheme by several experts and authorities around the world. For those unfamiliar with...Read More
Ethereum’s price has been freefalling in the past few days, losing nearly $200 of value at one point. According to a recent report, the price drop came shortly after the top 100 ETH exchange addresses dumped over 1 million tokens. ETH’s Recent Price Dump Predicted By Sell-Offs? Just until a few days ago, ETH’s price...Read More
Bitcoin has reduced its high volatility as of late and remains above $10,000. The rest of the market shows recovery signs, including Chainlink, which is back in the top 5, and SushiSwap’s triple-digit price surge has returned SUSHI in the top 100. Bitcoin Stays Above $10K After a few consecutive days of massive price fluctuations,...Read More
Ethereum recovered 15% today after dropping almost as low as $300 on Binance. The coin has been on a freefall in September but recently bounced from the .618 Fib Retracement. Against Bitcoin, ETH dropped as low as 0.0311 BTC but managed to close the daily candle above the 0.0329 BTC support (.5 Fib). ETH/USD: Etheruem...Read More
Bitcoin continues above $10,000, while Ethereum’s free fall has only intensified in the past 24 hours. The DeFi space is also facing major hurdles, but over the past few hours, a lot of DeFi coins have bounced following new developments with SUSHI. Bitcoin Fights To Stay Above $10K As CryptoPotato reported yesterday, Bitcoin bottomed at...Read More
Earlier on Saturday, the lead developer behind the popular Sushiswap protocol sold all of his tokens, causing a massive drop upwards of 50% in the token’s price. Elsewhere, the entire cryptocurrency market is feeling the pressure as the total capitalization is down by more than $11 billion in the last few hours. Sushi Seloff Headstarts...Read More
Bitcoin (BTC) Bitcoin saw a steep 10.6% price decline this week as it hit the current $10,250 level. The cryptocurrency had started September off with a bullish tone as it managed to spike above the $12,000 level. However, this changed two days ago as Bitcoin started to roll over. It initially found support at $11,150...Read More
Ethereum fell by a steep 5% over the past 24 hours as the bears push it beneath $400. ETH has now dropped by a total of around 19% from the September high of $490. Against Bitcoin, it decreased to 0.0364 BTC, but the bulls regrouped. ETH/USD – Ethereum Holds At Downside 1.272 Fib Support Key...Read More
The cryptocurrency market is not finished dumping in value as Bitcoin is fighting to stay above $10,000, while Ethereum is already well below $400. The rest of the alts are bleeding out as well, as the total market cap shed $60 billion in two days. Bitcoin Dipped Below $10,000 It was merely 48 hours ago...Read More
It appears that the cryptocurrency market hasn’t stopped plummeting in value. After losing over $20 billion worth of the total market cap in a day, the situation just worsened. Bitcoin further plunged to below $11,000, Ethereum dumped to $400, and the rest of the altcoins follow along. Bitcoin Plummets Below $11K It’s safe to say...Read More
Over $20 billion of total market cap have disappeared in the past 24 hours as most cryptocurrencies are retracing heavily. Bitcoin lost $700 following a rejection at $12,000, Ethereum drops by 8%, as of now, following a 15% daily plunge at the peak (as of writing these lines). Polkadot becomes the top 5 cryptocurrency, enjoying...Read More
