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cryptocurrency June 7, 2021

Ethereum started a fresh increase from the $2,550 support zone against the US Dollar. ETH price is rising, and it is likely to accelerate higher if it breaks $2,880. Advertisements Ethereum is showing positive signs above the $2,750 resistance zone. The price is well above the $2,700 support and the 100 hourly simple moving average. […]

cryptocurrency June 3, 2021

Ethereum has seen some recovery in the past days, after the crypto market experienced one of its worst months since March 2020. At the time of writing, the second cryptocurrency by market cap trades at $2,823. Advertisements ETH moves sideways in the daily chart. Source: ETHUSD Tradingview A recent report published by Bloomberg Intelligence’s Senior […]

cryptocurrency May 31, 2021

Yao Qian, a member of The China Securities Regulatory Commission, presented a case where a possible Digital U.S. dollar and the Digital Yuan run on top of Ethereum’s network. The government official spoke on The International Financial Forum (IFF) 2021 in Beijing on May 30th. Advertisements The summit had the objective of discussing the post-pandemic […]

cryptocurrency May 29, 2021

Ethereum has followed Bitcoin‘s trajectory and has registered a new 10% correction in the daily chart. The top cryptocurrencies have suffered for the past week. Fear and uncertainty seem to be driving market participants. Advertisements At the time of writing, ETH trades at $2,270 with red across all charts. The cryptocurrency was rejected after it […]

cryptocurrency May 27, 2021

In a flash, Ethereum is back to trading under $3,000 after just weeks ago reaching a high well over $4,000. The wider crypto market correction got the best of ETH and the rest of altcoins especially, and even managed to take down Bitcoin. Advertisements However, if past market cycles are any indication of future results, […]

cryptocurrency May 26, 2021

2020 was the year of mainstream crypto adoption and PayPal’s service based on Bitcoin, Ethereum, Litecoin, and others was an inflection point. The service allows its U.S.-based customer to buy, sell, and hold these cryptocurrencies. Advertisements Most recently, the payment processor also enabled a crypto checkout service and crypto trading with their subsidiary Venmo. Thus, […]

cryptocurrency May 25, 2021

Ethereum extended its upward move above the $2,550 resistance zone against the US Dollar. ETH price settled above the 100 hourly SMA and it might continue to rise. Advertisements Ethereum extended its recovery wave above the $2,550 and $2,600 levels. The price is now trading above the $2,500 support and the 100 hourly simple moving […]

cryptocurrency May 24, 2021

Ethereum extended its decline and traded close to the $1,700 zone against the US Dollar. ETH price is recovering, but it is facing a strong resistance near $2,200. Advertisements Ethereum extended its decline below the $2,000 and $1,800 support levels. The price is well below the $2,500 level and the 100 hourly simple moving average. […]