Disclaimer: The following article attempts to analyze the emerging patterns in the long-term Ethereum market and its impact on the price Etheruem has gotten off its rallying horse, with the cryptocurrency noting a significant dip in value over the past week. There have also been issues related to the gas price due to congestion on...Read More
Altcoin prices were making a comeback this week, while Bitcoin and Ethereum price trends were mixed. Among the top 25 altcoins by market capitalization, only 7 showed positive 24h change in their price. Altcoins with large market capitalization may slow down the ongoing rally. On Deribit (an exchange that commands over 70% of open interest),...Read More
Disclaimer: The following price prediction should materialize in the next couple of weeks. Ethereum recently broke back above $400 but doubts continued to surface as the price fell below the resistance again. The bearish pressure has been prevalent but over the long-term, once the pressure subsides, ETH is still at the right place in terms...Read More
Ethereum has hit a level last seen almost 2 years ago and not just that, it has held the level successfully. The $415-level is now acting as a support for the next leg, which is a bullish one. At press time, ETH was still the second-largest cryptocurrency in the world with $47 billion in market...Read More
Disclaimer: The following price prediction should materialize over the next week. Stuck between the range of $335-$400 since 31st July, the anticipation surrounding Ethereum’s price is beginning to build in the industry. There is a definite divide between the analysts as many were expecting a bullish breakout while some were convinced that the movement is...Read More
Even with Bitcoin climbing over $12,000 for the second time in two weeks, most of the attention in the larger crypto-market is on its number two – Ethereum. The world’s largest altcoin was trading at just below $400, a two-year high, at press time, having eaten a significant chunk of the crypto-market’s dominance. With Bitcoin...Read More
Disclaimer: The following article attempts to analyze the short-term Ethereum market and its impact on price. The cryptocurrency market has been witnessing bursts of volatility over the past week. As the largest cryptocurrency, Bitcoin rallied, the remaining market also marched along, however, this trend was only limited to major cryptos, as the correlation between BTC...Read More
We will be looking at the historical prices and market opinions for ETH in order to formulate an Ethereum price prediction for March 2020. Ethereum Overview Ethereum is the most well-known and used blockchain-based smart contract platform, being responsible for about 80% of all launched ICOs. ETH is the platform’s native crypto, which is ranked...Read More
Over the past couple of months, Ethereum has been in the bears’ territory. The 2nd largest asset slumped by 42.65 percent since July 8th and the coin ended up breaching key supports which were active resistances at press time. However, there may be an imminent trend reversal for the coin in the future as the...Read More
Since the end of June, Ethereum’s price has been progressively declining as the bulls have failed to pick up pace after their 3-month run. ETH’s valuation dipped below the support of 239.43 and at press time, it was acting as a major resistance. Over the past week, the valuation witnessed another slump down to $163.9,...Read More
Ethereum’s valuation thrived during the early May bull run and the coin’s valuation breached the $200 dollar mark. ETH consolidated comfortably in the higher range of $230-$280 before breaching the $300 dollar mark on 21st June. The valuation took a beating after bullish momentum receded and the coin was restricted under $230 after a massive...Read More
It has been another gloomy week for Ethereum, in terms of its price. Ethereum was valued above $200 dollars, at the beginning of the week (19th August) but at press time the price was under $190. The coin’s valuation plummeted by 5.48 percent over the past seven days and trade volume over the time period...Read More
Ethereum faced a massive slump on 14th August; the virtual asset witnessed a major drop of over 13 percent at that time of period which took ETH’s valuation below $200 dollar for the first time in a month. Ethereum continued to dwell under the $200 region following the fall. 12-hour chart Source: Trading View After...Read More
2018 was a year to forget for the virtual asset industry. A majority of the assets were impacted by crypto winter which had prevailed after the bullish run in late 2017. In light of that situation, 2019 has been a positive year for digital currencies. Ethereum improved its valuation by almost 45 percent at press...Read More
A potential trader looking at Ethereum at the moment will be demoralized with its current price movement. At press time, the token indicated a price growth of 1.23 percent at press time but prior to that, ETH had slumped over 8 percent on 14th August. Ethereum’s one-day chart Source: Trading View If a trader was...Read More