Ethereum Price Avoids Collapse But Recovery Could Be Capped

When Scotland was contemplating seceding from the United Kingdom, some citizens put forward proposals that an independent Scotland should adopt bitcoin-or another cryptocurrency such as the Scotland-themed Scotcoin-as its national currency. However, Scotland voted down the independence referendum, meaning that Scotland will remain in the United Kingdom and retain the British Pound as legal currency. Once this became clear from the polls in the days leading up to the vote, the Scotcoin price dropped. However, despite its decline, the Scotcoin price has avoided collapse. Scotcoin Price....

Ethereum is attempting an upside correction above $3,000 against the US Dollar. ETH price must clear $3,130 and the 100 hourly SMA to continue higher. Ethereum started an upside correction from the $2,950 zone. The price is still trading below $3,100 and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $3,035 on the hourly chart of ETH/USD (data feed via Kraken). The pair could recover, but upsides might be capped near the $3,130 level. Ethereum Price Faces Hurdles Ethereum formed a base above the $2,950 level and started a fresh....

Ethereum classic price after trading as low as 0.00107BTC started a recovery, but remains in the bearish zone and may continue to weaken. Key Highlights. Ethereum classic price declined further against the Bitcoin, and almost tested the 0.00100BTC support. A new low was formed at 0.00107BTC before the price started a recovery. There was a bearish trend line on the hourly chart (data feed via Simplefx) of ETC/BTC, which was broken during the recent recovery. Ethereum Classic Price Failed Recovery? There were clear chances of more declines in ETC price against the Bitcoin. The price did....

Ethereum started a major decline below the $1,600 zone against the US Dollar. ETH even declined below $1,500 and now any recovery could face hurdles. Ethereum extended its drop below the $1,600 and $1,500 levels. The price is now trading below $1,500 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $1,480 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher, but upsides might be limited above $1,500. Ethereum Price Takes Hit Ethereum failed to gain pace above the $1,660 and $1,675 resistance levels. ETH....

Ethereum saw a strong and grave selloff overnight that drove its price down to lows of $585 This is around the price at which the cryptocurrency was able to find some strong support that gave rise to it forming what has since resulted in a “V-shaped” recovery Where it trends in the mid-term should depend largely on the follow-through of this recovery, as a strong rebound from here could confirm that these lows will mark […]