Bitcoin Muted While Ethereum Surges, Why BTC Could Soon Break $60K
Bitcoin price started a fresh increase above the $56,500 resistance zone against the US Dollar. BTC is now approaching a major break, with a major hurdle near $60,000. Bitcoin is showing positive signs above the $56,500 and $58,000 resistance levels. The price is now trading well above $58,000 and the 100 simple moving average (4-hours). […]
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As Bitcoin price continues to enjoy an upward thrust, Ethereum, Ethereum Classic and Monero continue to struggle. Bitcoin is heading towards clear blue skies. A 12.5 percent appreciation of the digital asset over a period of one week is no joke. While it is good news for Bitcoin, the same can’t be said for other promising cryptocurrencies. Ethereum. Ethereum has been having its fair share of problems even before the increase of Bitcoin price. Under sustained attack, transactions on the Ethereum network almost came to a standstill, with each transaction taking hours if not days for....
Here's a look at what we are focusing on in the bitcoin price this morning. Okay. Action overnight played out pretty much as we hoped it would in the bitcoin price. From what was a relatively muted start to the week, things started to pick up during the late evening session on Monday, and price looked as though it was going to break through the 1000 mark and get running to the upside once again. We did eventually get this break, but nothing more than a spike through it, and we are currently trading at or around this level right now. It means that we can use 1000 as a key level during....
Ethereum price failed to make any major move versus the US Dollar, and remained in a range to post no new low or high. Key Highlights. ETH price remained in a range, and there was no major move against the US Dollar. There is a bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is currently acting as a support. The price remains at a risk of a break in the short term if the buyers keep failing. Ethereum Price Range. Ethereum price recently traded near $11.91 where sellers appeared and pushed the price down versus the US Dollar. The ETH/USD pair is....
Ethereum has once again broken another all-time high. The digital asset set the new record following along with bitcoin’s run that saw the latter set a record of its own above $68,000. Ethereum has been on a bullish roll lately and has not slowed down as momentum continues to stay up. This time, ETH had […]
Ethereum has recently started to break higher against Bitcoin. ETH is up around 15% against BTC over the past week. Its rally has shown analysts that there may be a time for altcoins to rally in the coming weeks or months. Key technical signs show that Ethereum will continue to rally against Bitcoin. Ethereum Is Poised to Break Higher Against Bitcoin, Key Technicals Show Ethereum has recently started to break higher against Bitcoin. Prior to […]