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This Fundamental Metric Suggests Bitcoin is in the Early Stages of a Bull Run

Bitcoin and the entire crypto market was able to see a push higher yesterday afternoon, which came about shortly after Ethereum surged past its near-term resistance level ETH, which was previously stuck below $400, incurred an explosive rally that sent its price racing up to highs of $430 This provided BTC with a slight tailwind, but the benchmark cryptocurrency remains stuck below its $12,000 resistance Despite its technical weakness, from a fundamental standpoint, it appears […] дальше »

2020-8-15 21:00


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It’s a Critical Moment for Ethereum Following Latest Rejection at $400

Ethereum has been struggling to garner any strong momentum over the past week Overnight it saw a sharp influx of buying pressure that sent its price rocketing past $400 for a brief moment This movement was short-lived, however, as the cryptocurrency then posted a strong retrace that sent it reeling back down towards the $380 region Analysts are now noting that it’s a pivotal time for ETH, with a potential decline here having grave long-term […] дальше »

2020-8-13 23:00


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Ethereum Reaches a Turning Point; Here’s What Could Reverse Its Uptrend

Ethereum has been consolidating alongside Bitcoin throughout the past several days, struggling to break above the heavy resistance that has been formed at $400 This consolidation phase has offered little insight into the cryptocurrency’s near-term outlook Analysts are now noting that ETH may be well-positioned to see significant upside in the short-term One trader is noting that there is one level that could invalidate this strength, but it remains unclear as to whether or not […] дальше »

2020-8-11 23:00


XRP Breaking Past This Crucial Resistance Could Trigger 45% Rally: Trader

XRP has gained approximately 50% in the past two weeks, following Ethereum on its steep rally higher. Analysts think the altcoin is poised to move higher should it break a critical resistance. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue XRP Breaking This Pivotal Rally Could […] дальше »

2020-8-8 02:59


Ethereum is Showing Early Signs of Weakness; Is the Top in?

Ethereum, like Bitcoin, is facing a bout of consolidation as it trades below its crucial near-term resistance This level has held strong throughout the past several days, and each attempt to break above $400 has been met with an influx of selling pressure One result of this consolidation phase has been the emergence of multiple bearish signals that all point to imminent downside Analysts believe that unless ETH gains ground against BTC, it could be […] дальше »

2020-8-8 23:00


Here’s Why One Analyst Expects Ethereum to Tap $275 Before Pushing Any Higher

Ethereum has been struggling to break above $400 for the past several days The selling pressure here is quite significant, and a sustained break above this level would be a highly bullish technical development Because ETH has been consolidating just below it throughout the past few days, bulls may be gearing up for a major push higher Despite being technically strong, one analyst is still expecting the cryptocurrency to see another “scam wick” that leads […] дальше »

2020-8-7 23:00


Despite Recent Strength, Ethereum has Yet to Break Above One Critical Level

Ethereum, like Bitcoin, is currently flashing some immense signs of strength as it pushes past $400 The resistance at this price level remains heavy, so buyers must continue propelling the crypto higher in the near-term Where ETH trends next as it hovers around this crucial level may depend on Bitcoin, as it guided the market’s latest movement If Ethereum’s buyers remain strong in the near-term, they may next look to target the crypto’s recent highs […] дальше »

2020-8-6 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


Ethereum Reaches Crucial Macro Resistance as Analysts Eye a Pullback

Ethereum’s price has rallied higher today in tandem with Bitcoin and other major digital assets This latest surge simply marks an extension of that seen throughout the past several days and weeks, with ETH now trading at the highest price levels seen in over a year The crypto is currently pushing up against its high time frame resistance, however, which could be a sign that its uptrend will start slowing in the near-term Where it […] дальше »

2020-8-1 22:00


Ethereum‘s Breakout Rally Suggests Bitcoin is Poised to Explode Past $12,000

Ethereum and Bitcoin are both showing immense signs of strength today as they push towards their recently established key resistance levels ETH once again appears to be leading Bitcoin, as its large upwards price movements now tend to take place just before those seen by BTC This could prove to be incredibly positive for the benchmark cryptocurrency, as analysts believe it could help send it past $12,000 in the days ahead For this possibility to […] дальше »

2020-8-1 21:00


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Ethereum On-Chain Metrics Suggest ETH is Still Undervalued

As Ethereum reaches its five year birthday, on-chain metrics have never been stronger. The recent price rally is also good news for those that have been buying ETH over the past year or so. Ethereum prices are at their highest level for over a year, but looking at the longer-term picture shows that ETH could […] The post Ethereum On-Chain Metrics Suggest ETH is Still Undervalued appeared first on BeInCrypto. дальше »

2020-7-30 17:05


Ethereum Retraces After Hitting Crucial Resistance; Here’s How Low It May Dip

Ethereum is currently retracing following its intense move higher throughout the past few days The cryptocurrency remains technically strong and is sitting well above where it was trading at just one week ago Despite this, analysts are also noting that it recently reached the top of a crucial range seen while looking at its BTC trading pair One analyst is noting that he expects the cryptocurrency’s uptrend to stall here, potentially causing ETH to see […] дальше »

2020-7-29 23:00


Ethereum Posted an Incredibly Bullish Weekly Close, But Will It Keep Running?

Ethereum’s price action has been front running that of Bitcoin over the past few days This has led some analysts to note that ETH’s strength is actually what catalyzed the ongoing uptrend seen by BTC The cryptocurrency is now showing even further signs of strength as it pushes towards $330 Multiple analysts are noting that the stars are aligning for the crypto and that multiple factors suggest further upside is imminent As for how high […] дальше »

2020-7-28 23:00


This Silver Fractal Suggests Ethereum Could Soon See a Parabolic Breakout

The markets have favored the underdogs throughout the past week, with silver and Ethereum both outperforming their larger counterparts. Although there aren’t any noticeable connections between the two assets, their price action in recent times has been strikingly similar, and it does appear that ETH is forming a fractal pattern with the precious metal. If […] дальше »

2020-7-26 04:00


Ethereum Fails to Surmount Crucial Resistance as Traders Eye a Pullback

Ethereum has incurred immense momentum throughout the past few days This notable upswing seen as of late has allowed it to outperform Bitcoin and many other major altcoins Some analysts have even observed that ETH’s price action is starting to influence that of Bitcoin Analysts are now noting that it could see a notable pullback in the near-term, which may be necessary if bulls want to extend their momentum further This possibility will be invalidated if […] дальше »

2020-7-26 22:00


Why Ethereum May Severely Underperform DeFi Tokens During Next Bull Market

Ethereum has seen some positive price action throughout the past day, although it remains highly correlated to that of Bitcoin It also remains caught within its macro trading range between $230 and $250, with its buyers being unable to surmount the upper boundary of this range ETH investors have been speculating that the growth seen within the DeFi sector could be enough to propel the crypto higher That being said, one analyst and fund manager […] дальше »

2020-7-23 23:00


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Ethereum Bears Have the Upper Hand as ETH Trades Within Crucial Range

Ethereum has been forming an incredibly close correlation to Bitcoin throughout the past couple of weeks It is attempting to break this correlation now, but bulls are flashing some signs of weakness, especially while looking towards its BTC trading pair Analysts are now noting that ETH is trading within a crucial range that could determine its future The upper boundary of this range sits just a hair above where it is currently trading at, but […] дальше »

2020-7-21 23:00


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Ethereum‘s Record High Correlation With Bitcoin Could Lead to Major Losses

Ethereum has formed a record-high correlation with Bitcoin over the past couple of weeks This comes as ETH’s movements start aligning with those seen by BTC in a way that hasn’t been seen before If this correlation persists, the cryptocurrency’s next trend could largely depend on that of BTC That being said, this could suggest that Ethereum is poised to see some notable near-term losses, as analysts widely believe Bitcoin is positioned to see some major downside […] дальше »

2020-7-19 22:00


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Here’s the Crucial Level Ethereum Needs to Break to Avoid Cratering Lower

Ethereum has been moving in close tandem with Bitcoin over the past couple of days This has made it exposed to seeing intense downside, and it is now stuck beneath the $240 region ETH is now at risk of setting lower lows according to one analyst, but there is a way bulls can stop this from happening The trader noted that $242 is a key high time frame level that bulls must flip before tomorrow’s weekly […] дальше »

2020-7-12 22:00