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ETH

cryptocurrency January 1, 2020

Ethereum is slowly moving lower towards the $125 support area against the US Dollar.The price is likely to extend losses as long as it is below the $132 resistance.There is a key declining channel forming with resistance near $131 on the hourly chart of ETH/USD (data feed via Kraken).ETH could decline in the near term […]

cryptocurrency December 31, 2019

Ethereum is down around 4% from the $138 high and tested the $130 support against the US Dollar.The price is currently consolidating above the $130 support, with a few bearish signs.There is a connecting bearish trend line forming with resistance near $132 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin failed to stay […]

cryptocurrency December 29, 2019

ETH price is trading above a couple of important supports near $120 against the US Dollar.The price is facing a strong resistance near the $130 and $135 levels.There is a crucial bearish trend line forming with resistance near $130 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could either rally above $135 […]

cryptocurrency December 27, 2019

Ethereum is still trading above the $122 and $125 support levels against the US Dollar.The price could start a decent increase above the $128 and $130 resistance levels.This week’s major bearish trend line was breached with resistance near $126 on the hourly chart of ETH/USD (data feed via Kraken).Bitcoin spiked above $7,300, but it failed […]

cryptocurrency December 24, 2019

Fundamentally Ethereum has had a solid year. Granted, development has been a little delayed with certain aspects but it is the largest dApp and smart contract platform in the world so this is to be expected. Another hard fork is due in less than two weeks, but will ETH prices finally react?Ethereum Dumps AgainCrypto markets […]

cryptocurrency December 22, 2019

ETH price started an upside correction and climbed above the $125 resistance against the US Dollar.The price is currently consolidating above $125 and it could continue to recover.There is a key bearish trend line forming with resistance near $132 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair could dip a few points, […]

cryptocurrency December 16, 2019

Fundamentally, Ethereum has had a solid year with growth on many fronts. Unfortunately the same cannot be said for price which has now returned to crypto winter levels. All cryptocurrencies, with the possible exception of one or two, are bearish at the moment but Ethereum is likely to bounce back stronger next year.Ethereum Fundamentals Still […]

cryptocurrency December 15, 2019

ETH price is trading in a bearish zone below the $142 and $146 resistance levels against the US Dollar.The price is declining and it seems like it could continue to drop below $140.There is a major bearish trend line forming with resistance near $142 on the 4-hours chart of ETH/USD (data feed via Kraken).The pair […]

cryptocurrency December 12, 2019

It has been another miserable week for Ethereum as prices continue to erode. Further declines today have left the world’s second largest crypto asset in danger of hitting a nine month low. Decentralized finance (DeFi) markets are in an opposing trend with continued growth in the sector.Ethereum Hits $140Ethereum is still deep in a two […]