Although digital currencies are currently experiencing a bear market, crypto enthusiasts and investors are still optimistic of a market pull run. A study carried out by the Satis Group predicts the crypto trading volume to swell by almost 50% in 2019. The group further suggests a compound annual growth...
After a week of gains, cryptocurrencies are struggling again. A natural correction is obvious after a frantic week that was marked with remarkable increases. But where do a common drop end and a new downfall start? The Confluencer Indicator tool will assist us to solve this question.
Bitcoin Analysis
For Bitcoin...
Market Expectation of Ethereum Price for 2018
With the market being so instable and the sudden discredit of ether, expecting the price of the cryptocurrencies is not a simple task.
Let’s take a look the well-known publications and personalities, and their declaration regarding the Ethereum (ETH) price estimation, which will give...
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, potentially one could see ETH...
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 this level, just before falling...
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 of the Study
The study was...
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 bar. Above the price is...
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 institution comprising of 60 world...
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 in November 29, 2017 and...
ETH has plummeted from the peak $800 to $200 and below within the past 6 months on a bearish trend.
This ill-fated course has resulted in most traders and analysts thinking of Ethereum's ultimately deepest
point. On the other hand, last few days showed us that the crypto seems to maintain...
