Bitcoin Defies Gravity, But $10,900 Still Presents Strong Resistance

Ethereum price traded sharply higher against the US Dollar to trade above $12.50. ETH/USD now remains supported and could trade further higher. Key Highlights. ETH price busted higher against the US Dollar, and broke many important resistances like $11.20 and $12.00. At the moment, there is a connecting bullish trend line formed on the hourly chart of ETH/USD (data feed via SimpleFX) with support at $12.65. The pair may continue to remain in an uptrend since the bias has now changed to bullish. Ethereum Price Upside Momentum. We saw there were tiny range moves in ETH price against the US....

Bitcoin price is rising steadily above the $10,800 resistance against the US Dollar. However, BTC might face a strong resistance near the $11,000 and $11,100 levels in the near term. Bitcoin started a decent recovery wave above the $10,550 and $10,650 resistance levels. The price is now trading above the $10,800 resistance and the 100 […]

Ethereum price showing a few positive signs. If there is a break above the $4.40-50 level, then a move towards $6.00 is possible. Major Support Level is $4.10. Major Resistance Level may be $4.50. Ethereum price moved down by more than 25% recently and dived towards the $3.20-30 support area. The price has recovered and also moved above the 100 simple moving average (H4 chart, Kraken), which is a positive sign for buyers in the short term. It looks like buyers may attempt to take the price higher in the near term. However, there are many barriers on the upside waiting for them. The first....

Ethereum price managed to stay above the $1,520 support against the US dollar. ETH is rising and might rally if it clears the $1,605 resistance. Ethereum averted more losses below the $1,520 support zone. The price is trading above $1,560 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend line with resistance near $1,562 on the hourly chart of ETH/USD (data feed via Kraken). The pair is moving higher toward the breakout zone at $1,605. Ethereum Price Starts Recovery Ethereum managed to stay above the main breakdown support at $1,520. The recent rise in....

"An open and interoperable bridge between Ethereum and Cosmos has long been a shared vision of a fully connected Interchain," said Althea CEO Deborah Simpier. On Wednesday, the Interchain Foundation, a Swiss non-profit serving as a steward of the Cosmos (ATOM) ecosystem, announced the launch of Gravity Bridge as built by decentralized internet service provider Althea. Gravity Bridge enables the transfer of ERC-20 tokens between Ethereum (ETH) and Cosmos blockchains. During its initial stages, Gravity Bridge will operate as a standalone chain before migrating to Cosmos Hub early next year.....