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ETH

cryptocurrency December 6, 2017

Key Highlights ETH price struggled to remain above the $455-460 support area against the US Dollar. There was a break below yesterday’s highlighted key contracting triangle with support at $458 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now below $455 and the 100 hourly simple moving average, which is […]

cryptocurrency December 5, 2017

ETH/USD Advertisements Ethereum continues to look relatively flat against the US dollar, while at the same time Bitcoin has been rallying. Because of this, I think that we are essentially stuck in a range between $450 level on the bottom, and $500 on the top. However, on the hourly chart we are starting to see […]

cryptocurrency December 5, 2017

The first cryptocurrency futures contract is going live at 5:00 p.m. CT on December 10. And of course, it is for Bitcoin futures—the marquee name of cryptocurrencies. Advertisements This has hedge funds foaming at the mouth. Many have been waiting for a chance to short Bitcoin, and since futures contracts ease friction on the short […]

cryptocurrency December 5, 2017

Key Highlights ETH price mostly traded in a range above the $455-450 support against the US Dollar. Yesterday’s highlighted key contracting triangle with current resistance near $485 is intact on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is holding a major support area near $455 and the 100 hourly simple moving […]

cryptocurrency December 4, 2017

CryptoKitties, the massively popular Ethereum-based digital kitten breeding app and collectibles marketplace, has surpassed major decentralized cryptocurrency exchange EtherDelta to become the largest decentralized application (dapp) on the Ethereum protocol by gas consumption. Advertisements According to ETH Gas Station, the CryptoKitties Ethereum smart contract accounted for 13.94 percent of Ethereum’s transaction volume over the last […]

cryptocurrency December 4, 2017

[embedded content] Advertisements ETH/USD Ethereum has been a bit negative during the Monday trading session, but it appears that the $450 level should offer a bit of psychological support, extending down to at least the $420 level. Because of this, it’s likely that we will find a “buy on the dips” mentality, and therefore I […]

cryptocurrency December 4, 2017

All is sunshine and roses in the cryptocurrency world. Or at least that’s how things look at the moment, given that Bitcoin crossed $11,000 and Ethereum is holding above $450.00. Advertisements But markets never hold still for long. Cryptocurrency markets are particularly restless. Investors swoop in, betting on Bitcoin, Ethereum, or one of the altcoins. […]

cryptocurrency December 4, 2017

Key Highlights ETH price is correcting lower from the $478 swing high against the US Dollar, but it remains supported. There is a key contracting triangle forming with resistance near $478-480 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair has to stay above the $450 support and the 100 hourly simple […]