Altcoins faced the wrath of the market after Bitcoin slid from $9,000 to $4,000. This brutal dip in the value of Bitcoin came following the sudden correlation with the stock markets. However, for altcoins, such falls are usually due to their correlation with Bitcoin. Advertisements With Bitcoin being the most widely traded cryptocurrency [excluding stablecoins], […]
It has been close to 2 weeks since the market crash took place and since then, the charts of major assets have significantly stabilized. Ethereum continued to exhibit sideways movement between $123 and $135 but at press time, it remained just above the resistance at $135. Advertisements At press time, the market cap continued to […]
Over the past week, Ethereum has been able to re-ignite some of the early year momentum. Hiking by almost 22 percent since 14th March, Ethereum’s market cap improved to $14.25 billion and the asset was valued at $129.35. Advertisements 4-hour chart of Ethereum ETH/USD on Trading View Advertisements Etheruem’s 4-hour chart indicated that the price […]
Ethereum was down by over 10% in the last 24 hours. The latest plunge propelled the coin to break well below its key support point of $248. Advertisements The coin stood at a value of $206.3 while holding a market cap for $22.7 billion and a 24-hour trading volume of $22.9 billion. Ethereum 4-hour Chart: […]
After registering a yearly high of $289 on 14th Feb, Ethereum’s valuation has dropped under key supports levels at $279, $255 and $229 over the past two weeks. Consecutive slip-ups on 15th, 19th, and 24th February led to a slump of 26 percent, with the price stooping as low as $211. Advertisements At press time, […]
Ethereum, like Bitcoin, is stuck with its price trying to decide which way to move. The brutal sell-off that began on February 24 ended with most altcoins dead in the water. ETH rose 126% since 2020, however, it shed 23% of that surge in under 14 days. Advertisements Similar to most altcoins, Ethereum is undergoing […]
In stocks and cryptocurrencies, the golden cross represents the move of 50-day moving average above the 200-day moving average. Since the 200-day moving average is an important indicator that separates the bull from the bear cycle, the golden cross is used to do the same, but with relatively higher accuracy. Advertisements It’s a known fact […]
Ethereum’s performance has been nothing short of a spectacle. The coin has risen from $115 to $230 in 53 days. The recent Bitcoin’s surge seems to have had a hand in pushing ETH higher. The altcoins seem to be in a short-term alt run, XRP, BCH, BSV and many other alts are pumping as Bitcoin […]
The second-largest cryptocurrency aka Ethereum [ETH] has pumped more than 7% in the last 4 hours or so. In terms of BTC, it has pumped by 4.25% making 1 ETH equivalent to 0.0202 BTC at press time. However, this rally is running on fumes and is bound to head lower in the upcoming day. Advertisements […]
Ethereum’s valuation received another boost over the past 24-hours as the price spiked from $170.36 to $186.40. Major resistance at $175.06 was breached in the process as the asset managed to cross the $180 mark. At press time, Ethereum continued to consolidate above at $182.78 but major indications for a pullback were surfacing in the […]
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