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Bitcoin (BTC) General News

Ethereum (ETH) Could Be Printing a Bull Flag on the Daily

cryptocurrency June 26, 2020

Advertisements In brief: Ethereum is once again battling to maintain the $228 support zone. All signs point to BTC heading to lower levels.  However, ETH’s bullish momentum is very much intact primarily due to ETH2.0. Ethereum could be printing a bull flag on the daily chart that could ultimately push its value to $290 levels. […]

Ethereum (ETH) is Also Highly Correlated with the S&P 500

cryptocurrency June 25, 2020

Advertisements In brief: Bitcoin’s correlation with the S&P 500 is still very much intact as witnessed in yesterday’s dip. Ethereum is also highly correlated to BTC.  Therefore, logic dictates that Ethereum is also highly correlated to the S&P 500.  If ETH is a measure of the alt-market, then the entire alt-coin market is also correlated […]

The 50-Day MA is Ethereum’s (ETH) Next Level of Support if $228 Breaks

cryptocurrency June 14, 2020

Advertisements In brief: Ethereum held the $228 support zone earlier this week when Bitcoin dropped to $9,110. With BTC exhibiting bearish signs, a drop could cause Ethereum to break this support zone. Once broken, the 50-day moving average provides adequate support at around $218. Ethereum is still holding its own in the crypto markets ahead […]

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