Ethereum Watch

Key Highlights ETH price is trading in a range below the $715 resistance area against the US Dollar. There is a major contracting triangle forming with current support at $665 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might soon make the next move and either break $715 or trade below […]

Credit:iStock.com/ByoungJoo Advertisements Earlier this week—as investors were in the thick of the holiday rush—South Korean authorities debated how to curb the irrational exuberance of cryptocurrencies. The proposals ranged far and wide. One idea was to close certain exchanges, another was to crack down on anonymous transactions. Whatever the regulators decide, it seems inevitable that Korea […]

ETH/USD Advertisements Ethereum continues to be very noisy, but quite frankly at this time of year it’s very difficult to get a significant move. There’s little in the way of volume, so I think that the price action can’t be taken too seriously. The $600 level below should be a bit of a “floor”, just […]

Key Highlights ETH price is moving back higher after testing the $670 support zone against the US Dollar. There was a break above a key bearish trend line with resistance at $702 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher and it could even test the […]

Most major cryptocurrencies including Bitcoin, Ethereum, and Litecoin had a Christmas gift for those investors who had set up a buy limit order at lower prices last week. What can we expect from the cryptocurrency market in the new year? Here is a quick look Advertisements Cryptocurrency Overview In a massive but temporary pullback, most […]

ETH/USD Advertisements Ethereum fell initially during the trading session on Thursday, reaching towards the $675 level before bouncing. It looks as if we are ready to rally though, and I think the market is probably going to go looking towards the $770 level above. A break above the $775 level opens the door to $800 […]

Ever since crypto prices exploded in the fourth quarter of 2017, investors have paid less and less attention to the regulatory environment around cryptocurrencies. That might be a mistake. Advertisements Debates over how to regulate cryptos are far from over. For example, the Russian Ministry of Finance just released its proposed regulations for Initial Coin […]

Key Highlights ETH price is moving lower from the $761 swing high and is now below $740 against the US Dollar. There was a break below a major bullish trend line at $746 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to decline towards the $715 and $700 support […]

Vitalik Buterin is known and revered in crypto circles as the founder of Ethereum, the world’s second-biggest cryptocurrency. On Wednesday, he shot some fiery wisdom at crypto investors, arguing that they “should heed these words of warning.” Advertisements Otherwise, Buterin may abandon the Ethereum project altogether. His advice began in a retweet of @AmirPolyteknik, who […]

ETH/USD Advertisements Ethereum did almost nothing against the US dollar as we continue to walk around the $750 neighborhood. However, the 20 SMA is starting to turn slightly positive on the 4 hour chart, so I think it’s only a matter of time before we rally. I suspect that there is a massive amount of […]