Ethereum (ETH and ETC) Price Trends (Week of December 26th)
The rebound of ETH continues. The downward movement can turn out to be the last subwave of the downward correction. ETH/USD. The correction towards the downward movement which has started at $8.8 has not been fully formed. The upward movement has failed to break through the diagonal channel, thus not reaching a key level, which was a profitable area for the majority of the bears. Thus, this downward movement is mostly a rebound, rather than a turn to decline. That was manifested in the form of a flat-like fall. Judging by the buy stop orders, the current situation with the price of Ether....
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A small rise in Ethereum’s price has ended with a turn and a fall back to the starting point. Ethereum has once again returned back inside its flat. What will come next? ETH/USD. Following a meet-up with Vitalik Buterin in Shanghai, an intraday upward trend was formed. Ether’s price, after fortifying at the top limit of the long-term flat near $13, has formed an upward impulse toward the accumulated volume of sell orders near $14.5. As reported by Vitalik himself, the switch to PoS is preliminarily planned for summer 2017. The reason for such a long delay is; at the moment there are no....
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....
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....
CoinDesk State of Bitcoin 2014 from CoinDesk. Download the full report in PDF form. View more of CoinDesk's Research Reports here. Today, CoinDesk is pleased to release its first ever 'State of Bitcoin' report. This report is not intended to be another guide answering the question 'what is bitcoin?', which we cover in detail elsewhere on our site. Instead, the main aim is to provide an overview of key cryptocurrency trends, challenges, and opportunities, while also highlighting the most important developments over the last year. Earlier this week we published two articles on trends in....
The past week waas a week of altcoin trends. Will the current trends continue, or are they going to turn about? ETH/USD. Ethereum has reached the minimal target of the medium-term correction. Trading on that level can provoke a continued fall of Ethereum’s price. Ethereum’s price is at a key level, where the downward movement can be disrupted. In case of a rebound from $12.2 followed by a return to $11, Ethereum has a chance to continue its downward trend. For an extra confimation, Ethereum’s price has to stop at the level of $11, which will display the lack of sufficient support from the....