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Month: December 2020

cryptocurrency December 31, 2020

Ethereum options data show traders anticipate a continued surge to $880 over the next four weeks. Ether (ETH) price has gained 88% since November, astonishing even the most bullish investors as the top altcoin secured a 2020 high at $750. Aside from the upcoming CME ETH futures launch scheduled for Feb. 8, the phenomenal growth […]

cryptocurrency December 30, 2020

Ethereum started a fresh increase from the $700 zone against the US Dollar. ETH price retested the $745 resistance and it is likely to attempt an upside break above $750. Ethereum remained well bid above $695 and it climbed back above $720. The price is now trading well above $720 and the 100 hourly simple […]

cryptocurrency December 29, 2020

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cryptocurrency December 29, 2020

Summary: CryptoQuant CEO has pointed out that Ethereum is undervalued in terms of Institutional buying Institutional investors will eventually add more Ethereum to their bags Ethereum held on crypto exchanges continues to decrease and is at a 1.5 year low ETH miner’s balances are at a 2-year low Ethereum whales have also decreased their holdings […]

cryptocurrency December 29, 2020

Ethereum started a downside correction from the $746 yearly high against the US Dollar. ETH price is likely to find strong bids near the $684 and $675 support levels. Ethereum traded to a new yearly high at $746 before starting a downside correction. The price is now trading close to $700, but it is above […]

cryptocurrency December 28, 2020

Ether price has surged past $730 in a strong overnight rally, breaking out against Bitcoin. The price of Ether (ETH) has surged past $730 for the first time since May 2018. Following ETH’s breakout, traders are becoming more optimistic in its short-term trajectory. There are two major factors behind ETH’s strong rally: a strong technical […]

cryptocurrency December 28, 2020

Quick take: The Open interest on Ethereum futures has just set a new all-time high of $2.21 Billion Ethereum has since broken the $700 price ceiling and looks ready to capture $750 The CME Group will launch Ethereum futures in February and the event could provide fuel for an ETH rally Ethereum maintaining a value […]