It seems that the similar swiftness that propelled the prices through $300 is being applied by sellers. Ethereum is losing nine percent in the last day invalidating Sep 21 gains at spot rates. It’s devaluing for bulls for the reason that at this rate,...
ETH/USD Medium-term Trend: Bearish
Resistance Levels: $300, $320, $340
Support Levels: $200, $180, $160
The price of Ethereum was in a range bound movement on yesterday. The range bound movement was the result of the resistance at $254.61 where price reduction to the low of $232.70. At...
A new study on crypto trading and consumer trends has established that cryptocurrency trading will grow by almost 50% in 2019. The study also suggests that crypto trading is going to surpass the US Corporate Debt Trading Volume by the end of 2018.
Further Details...
Ethereum (ETH) is near either make or break the altcoin rally. The above chart for ETH/USD tells the entire story and leaves very limited space for clarification. The value is currently resting on the 21 Day EMA. Below that is the 38.2% Fibonacci retracement...
A recent research has established that, despite the common belief that digital currencies operate generally outside the realm of government regulations, regulatory actions still have a great influence on crypto prices. The research was conducted by the Bank for International Settlements (BIS), a financial...
Cryptocurrencies have gained attention from investors, particularly with the uprise of the coins such as Bitcoin and Ethereum, during the last years. For instance, Bitcoin was approximately $440 in December 2015 and $2,600 in July 2017 at press time. The same coin was $9,500...
Disclaimer: The information on this site is provided for discussion purposes only, and should not be misconstrued as investment advice. Under no circumstances does this information represent a recommendation to buy or sell securities.