Ethereum (ETH and ETC) Price Trends (Week of December 12th)
The long-term direction of the trend is being decided at the current level. The bulls are at the bottom limit of the flat, so the growth of Ether’s price can continue up to $13 - 14. ETH/USD. As we have predicted a week earlier, there was a rebound from the bottom limit of the long-term sideway movement, and Ether’s price has stopped at a key medium-term level of $8.3. The price has previously dropped right before this. At that moment big sellers have taken advantage of the situation and sold a large volume close to $7. After that, they started buying it back at $6. The fact that there was....
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Ethereum is being traded in the middle of its two-months sideway movement. The majority of traders expect a downward trend. Will there be a fall, and how strong will it be? ETH/USD. Ethereum’s price has formed a wave of a long-term flat towards 0.0220, which started in July. Without ever fortifying, the price yet again returned to the middle of the flat. Such behavior happens due to the uncertainty of the market. It seems that the trustworthiness of Ether was diminished after the DAO affair, and most traders have been doubtful since then. Ether’s price behaved similarly almost a year ago.....
The price of Ether has slowed down in anticipation of a new surge. Will the expected growth beyond $10 take place? ETH/USD. At the moment, the price of ETH is undergoing a rebound towards the upward trend from $5.7. The structure of this correction is, as was expected, flat-like. That is indicative of the bulls’ support. It is worth noting that this rebound is approaching its end because the buy orders are being aligned into a picture, which is profitable for the big bears. A week earlier, the situation was not profitable for short-term speculation by large sellers, which led to the....
Bitcoiners got to enjoy some exciting market activity this week, with the Bitcoin price rising to levels that have not been seen in several months. Towards the end of the week, the price broke into the $270s, but quickly settled down into the low $260s, which some people hope will be a new bottom. This week began on Monday, October 12 with the Bitcoin price sitting at $247.83, staying within the range that persisted for much of last week. The 12th ended up being a bearish day overall, with a small decline in the morning, followed by another decline late at night. Monday closed in the low....
The Bitcoin Embassy in Amsterdam will open its doors to the public on December 12th. If you are planning on attending this grand opening, or are simply interested in finding out more information about the project, make sure to check out their website. A Bitcoin Embassy is an educational center where you can ask Bitcoin questions, use the computers to buy Bitcoins, and go to weekly seminars to learn more about mining and everything dealing with digital currencies like Bitcoin. The location for Amsterdam's Bitcoin Embassy is Zeedijk 43, next to "Hofje van Wijs". At Hofje van Wijs, customers....
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....