Ethereum (ETH and ETC) Price Trends (Week of October 24th)
Ethereum is at the birth stage of a medium-term trend. The likelihood of the price growing or falling by 50% is quite high. Which direction will Ether choose? ETH/USD An upward rebound towards the downward trend from $14.5 to $11.6, which was predicted earlier, has been naturally formed. The rise of Ether’s price towards at least the diagonal channel near $13 was necessary. This gives Ether a decent support from the bulls. This rebound was as natural, as the micro-flat which is currently present on the charts. All that is due to the fact that the current price isn’t unprofitable for both....
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The directions of altcoin trends have split. The only common thing that can be observed at the moment is the fact that Ethereum and Litecoin are both at their long-term resistance lines. The decline that Ethereum’s price has suffered this week was not as strong as could be expected. That can be explained by the change of trends from medium-term level to long-term one. In order to change its direction to growth, Ethereum’s price will have to break the downward trend by fortifying and forming a turn at the level of $9.3. Litecoin’s price has reached a long-term resistance line within its....
The Monacoin price had a terrible week. The "Japanese Dogecoin" saw its price fall by more than 20%, including more than 10% in the past day alone. However, the Monacoin price has historically been very volatile, and the recent price decline is not an unusual occurrence. CCN examines this altcoin price movement. Also Read: Dogecoin Price Rocket-ship Runs Out of Fuel. Monacoin Price Falls. The Monacoin price as 17,725 satoshis on October 9. The next day, it rose slightly to 18,930 satoshis. That mark would prove to be Monacoin's weekly peak. On October 11, the Monacoin price declined to....
Ethereum’s price is heading down. The short-term downward trend, which has held for almost the entire week, has reached a key level. It is time for a natural upward movement. ETH/USD. Last Tuesday, the advantage was held by the bears. Ether’s price has begun confidently forming a downward trend, never once breaking its structure. However, in order to continue its fall, the price has to break through a serious resistance line, which it has approached closely. Usually, an opposing force appears in such points, in the form of bulls, and the downward trend is followed by at least a rebound.....
Ethereum’s price is stuck between two key resistance lines. Both bears and bulls are having doubts about possible scenarios for the nearest future. ETH/USD. At the moment, the entire situation on Ethereum can be characterized as 100% uncertain. For more than a week the price has been drifting around $13. Such behaviour indicates that neither bears nor bulls can find a possible trend. On the other hand, the lack of bears can be good news. Subsequently, because of that, the price is likely to fortify soon. Ethereum’s price is being traded between two key levels of $14.2 and $11.5. The $14.2....
While bitcoin, non-fungible token (NFT) assets, ethereum, and cryptocurrencies had an incredible year in 2021, none of the trends made it into Google’s “Year in Search” review. Currently, interest in bitcoin, in terms of Google searches has dropped considerably since the week of May 16th through the 22nd of last year. Search trends for the term “bitcoin” have slid 72% since it scored the highest score of 100 last May to today’s score of 28.
Worldwide Search Queries for ‘Bitcoin,’ ‘Ethereum,’ and....