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Analytics Firm: One On-Chain Metric is Flashing Warning Signs for Ethereum

Ethereum’s price action has been slightly underperforming that of Bitcoin as of late The cryptocurrency has remained stuck beneath its crucial resistance level at $380, which points to some weakness amongst buyers Until this level is surmounted and ETH can regain its foothold within the $400 region, it may remain somewhat technically weak One fundamental metric seems to indicate that ETH is also plagued by some underlying weakness is its daily active address count This […] дальше »

2020-10-13 23:00


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Ethereum to Post Bullish Weekly Close; Will This Invalidate Its Weakness?

Ethereum has expressed some signs of immense strength today, with its buyers catalyzing a sharp upwards movement that has allowed it to surge towards $420 The cryptocurrency’s momentum is leading it into its daily and weekly candle close with a strong market structure Analysts believe that this will be enough to help propel the crypto higher in the days and weeks ahead One analyst is noting that although ETH may face some resistance at $430, […] дальше »

2020-8-31 22:00


This Support May Launch Ethereum to $500, But Signs of Weakness Remain

Ethereum has seen a strong rebound from its daily lows. This has allowed it to climb into the $390 region This upsurge came about in tandem with that seen by Bitcoin and most other major cryptocurrencies This market-wide movement has allowed cryptocurrencies that were battered by yesterday’s downturn to erase virtually all of their recent losses For ETH, one analyst is now setting his sights on a movement up towards $500 in the near-term That […] дальше »

2020-8-29 23:00


Here’s Why Traders are Growing Cautious About Ethereum’s Uptrend

Ethereum has witnessed some incredibly mixed price action throughout the past few weeks After rallying up to highs of $415, it has been struggling to recapture this momentum as it largely trades below $400 Yesterday, ETH bulls pushed it to this key level before facing a massive influx of selling pressure that forced it lower It is now trading around its daily lows as bulls struggle to gain further momentum This has led one analyst […] дальше »

2020-8-5 23:00


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Ethereum Fees Are Up 500% Since April: Why That’s Bearish for ETH

It’s been a strong few weeks for Ethereum adoption. Due to growth in the decentralized finance sector, the blockchain has seen a spike in users, active addresses, and transactions. Unfortunately, this influx of usage has not come without a cost: As per data from Glassnode, a blockchain analytics firm, the daily median gas price of an Ethereum transaction passed 50 Gwei. дальше »

2020-7-19 07:00


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Ethereum Decouples From Bitcoin, Bulls Eye $270 Next

Ethereum and Bitcoin are both about to complete golden cross formations on their daily charts. However, while BTC tracks sideways right now, ETH is making a strong recovery towards $270. Ethereum has traders extremely bullish In a recent Bitcoinist article, we looked at a popular Youtube and Twitter crypto analyst’s perspective on whether or not a Bitcoin Bull market had actually begun. дальше »

2020-2-18 15:00


Ethereum Technical Analysis Sees ETH Track BTC Higher

Ethereum has a bullish short-term trading bias and a bearish medium-term outlook The four-hour time frame shows that a bullish inverted head and shoulders pattern has formed The daily time frame shows that a breakout above the $140 level could be very bullish for ETH/USD Ethereum is moving higher on Monday, as the second-largest cryptocurrency […] The post Ethereum Technical Analysis Sees ETH Track BTC Higher appeared first on Crypto Briefing. дальше »

2020-1-6 20:46


Fidelity Digital Assets possibly adding ETH support

CoinMarketCap Daily Newsletter Your daily newsletter for 16 December, 2019 “Peace begins with a smile.” - Mother Theresa In today's newsletter, we will be covering: Chinese courts using blockchain technology to settle cases Tether sponsoring new version of Bitcoin tokenization layer […] The post Fidelity Digital Assets possibly adding ETH support appeared first on CoinMarketCap. дальше »

2019-12-25 15:00


Ethereum Price Analysis ETH / USD: In Dire Straits

Ethereum has a bearish short-term and medium-term trading outlook The four-hour time frame shows that a head and shoulders pattern has been triggered The daily time frame shows that a bullish inverted head and shoulders pattern remains in play The decline in the broader cryptocurrency market has placed Ethereum in a vulnerable technical position, with […] The post Ethereum Price Analysis ETH / USD: In Dire Straits appeared first on Crypto Briefing. дальше »

2019-11-20 20:33