Ethereum has been making headlines recently, and for a good reason. The popular cryptocurrency has broken above its crucial monthly resistance level, leaving traders and investors hoping for a new bull run. The timing couldn’t be better, as Ethereum’s upcoming Shapella upgrade is also generating significant hype among the crypto community. As a result, prominent...Read More
The price of Ethereum has surged past its resistance close to $500 and was currently valued at $505.37. This not only marked an annual high for ETH but also was a price level unseen since July 2018. Source: ETH/USD on TradingView This run-up in the market could be contributed by the news of the United...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog After a lengthy phase of growth, the ETH rate started consolidating near its 13-months peak. On Tuesday, July 28th, it is generally trading at 317.12 USD. On D1, ETH/USD keeps developing an uptrend. After swift growth, the quotations are testing the upper border of the ascending channel. The MACD...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog After a productive Monday, the ETH may continue its growth if the current impulse preserves. On Tuesday, June 23rd, it is generally trading at 241.90 USD. On D1, ETH/USD is winding up a correction in an uptrend. The quotations keep trading near the lower border of the ascending channel....Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog The ETH price looks like stabilizing after two days of decline. On Tuesday, June 16th, it is generally trading at 232.60 USD. Yesterday’s low was at 218.10 USD. On D1, ETH/USD keeps correcting in an uptrend. The quotations are again testing the lower border of the ascending channel. The...Read More
By Dmitriy Gurkovskiy, author at RoboForex Blog On Friday, April 24th, the Ethereum keeps growing smoothly, generally trading at 188.70 USD. On D1, ETH/USD keeps growing. The quotations are moving inside an ascending channel, periodically correcting. Currently, they are testing 50.0% Fibo. The MACD is still above zero. Judging by all factors, we may conclude that...Read More
Like Bitcoin, the past few weeks have seen Ethereum consolidate. The second-largest cryptocurrency has established a base of support around $220, trading within practically 10% of that level for all of the past ten days. But according to a trader, ETH may soon rally to fresh local highs above $290 — 20% above the current...Read More
The co-founder of the second-largest cryptocurrency by market cap, Vitalik Buterin, recently admitted that the Ethereum Foundation (EF) has sold 70,000 ETH almost at the all-time high. Today, it seems like the right decision, as Ethereum’s price has plunged with over 90% since then. To Sell 70,000 ETH At The Top Vitalik Buterin, the co-founder...Read More
Cryptocurrencies, being relatively new, are getting more and more attention as potential investing tools. People within the community are often discussing prices and how each coin they have invested in could skyrocket, thus providing them good returns. While some might be thinking that ETH’s current price is around $145 and its all-time high was at...Read More
Ethereum dropped back beneath the $150 level to create a fresh low for December at $140. The cryptocurrency trades strong against BTC as it remains above 0.02 BTC. It has dropped by a steep 22% this month as the bears keep their strong grip on momentum. Key Support & Resistance Levels ETH/USD Support: $145, $138.80,...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
Nelson Minier, head of over-the-counter trading at cryptocurrency exchange Kraken, says its volume has increased twenty-fold since 2018. Nelson Minier, head of over-the-counter (OTC) trading at major cryptocurrency platform Kraken, has stated that the OTC desk’s trades per month have increased by a factor of 20 since the beginning of last year. Minier gave his...Read More
Binance’s intended launch of a Libra-like stablecoin appeared to buoy markets as Bitcoin reversed previous losses. Bitcoin (BTC) price was returning to bullish form on Aug. 19 as markets look to break out from last week’s sideways trading. Market visualization. Source: Coin360 Bitcoin price builds on $10K support Data from Coin360 revealed Bitcoin challenging $11,000...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
