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ETHNews

cryptocurrency January 22, 2021

Polkadot’s DOT surged towards $18.50 before correcting lower against the US Dollar. It is holding gains above $15.00 despite a crash in bitcoin and Ethereum. Advertisements DOT rallied above $12.00 and $15.00 before it faced sellers near $18.50 against the US dollar. The price is trading nicely above the $15.00 support and he 100 simple […]

cryptocurrency January 21, 2021

High gas prices are a thorny subject for the Ethereum community. The issue gained widespread coverage during the summer of DeFi when demand and network usage were sky-high, resulting in less than palatable charges. Advertisements Ethereum Improvement Proposal (EIP) 1559 is touted as a solution to the problem, but it wasn’t clear whether it would […]

cryptocurrency January 20, 2021

Ethereum traded as high as $1,437 before starting a downside correction against the US Dollar. ETH price is approaching a key support at $1,340 and $1,320. Advertisements Ethereum surged above $1,400 and traded towards the $1,440 zone. The price is currently correcting lower from $1,437, but it is well above the 100 hourly simple moving […]

cryptocurrency January 19, 2021

Ethereum is up over 10% and it broke the $1,250 resistance against the US Dollar. ETH price is trading above $1,300 and it is likely to accelerate further higher in the near term. Advertisements Ethereum is gaining momentum above the $1,250 and $1,280 resistance levels. The price is showing positive signs above $1,300 and the […]

cryptocurrency January 18, 2021

Ethereum is holding a major support near $1,150 against the US Dollar. ETH price is consolidating and it is likely setting up for a major upside break above $1,250 Advertisements Ethereum is facing a couple of major hurdles near $1,245 and $1,250. The price is likely to remain well bid above $1,150 and near the […]

cryptocurrency January 17, 2021

Participation in the DeFi and staking ecosystems has seen explosive growth over the last year, with the combined sectors currently accounting for over $50 billion in value. Advertisements DeFi growth was predominantly fueled by the breakthrough success of Ethereum-based projects such as Aave, Compound, and Uniswap, utilizing ERC20 stablecoins like USDC and Dai to generate […]

cryptocurrency January 15, 2021

Ethereum gained bullish momentum above the $1,150 resistance against the US Dollar. ETH price broke the $1.200 resistance, but it struggled to clear the $1,250 level. Advertisements Ethereum started a steady increase above the $1,150 and $1,200 resistance levels. The price is facing a resistance near $1,250 level, but it is above the 100 hourly […]

cryptocurrency January 14, 2021

Ethereum started a decent increase above $1,080, but it failed again near $1,150 against the US Dollar. ETH price is consolidating and it could make another attempt to clear $1,150. Advertisements Ethereum is still struggling to clear the main $1,150 resistance zone. The price is now trading near the $1,100 zone and the 100 hourly […]

cryptocurrency January 13, 2021

Ethereum has faced a strong correction after peaking near $1,350 last week. The cryptocurrency currently trades for $1,050, though fell as low as $950 on Monday due to an influx of selling pressure. Advertisements During the drop, the funding rates of the ETH futures markets were extremely overleveraged. In some cases, there were long positions […]

cryptocurrency January 12, 2021

Ethereum declined almost 30% and tested the $900 support zone against the US Dollar. ETH price is currently rising, but it is facing a strong resistance near $1,130. Advertisements Ethereum started a strong decline from well above $1,200 and traded close to $900. The price is recovering nicely from $912, but it facing hurdles near […]