Here Are The Major Developments That Could Drive Ethereum Price Back Above $4...
Ethereum, the second largest crypto by market cap, is trading at $2,420 after a recent price rally. Ethereum has been up by 3.4% and 6.3% in the past 24 hours and seven days, respectively, which has raised hopes for an extended bullish run. As the price performance continues to unfold, some major developments are taking root, which could pave the way for Ethereum’s price to rally back above the $4,000 mark. Stablecoin Transaction Volume Hits New High Despite the bearish sentiment which has lingered in a 30-day timeframe, on-chain data shows that the Ethereum blockchain continues to witness....
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Jim Cramer has bought back into Ethereum after selling almost all of his Bitcoin earlier in the year. Cramer had cited the reason for the sale was due to the ongoing China crackdown. He said the crackdown was going to drive down the price of the coin even more. This is what led him to […]
Ethereum has been met with strong resistance at its current levels and might potentially re-test support. The cryptocurrency still preserves some of its profit from the past weeks but has been losing momentum over today’s trading session. Related Reading: TA- Price Of Ethereum Faces Rejection At $2,000: Are bulls Still In Control? At the time of writing, Ethereum trades at $1,860 with a 2% loss and 5% profit over the last 24 hours and 7 days, respectively. ETH’s price was pushing the sector’s bullish momentum on the back of the narrative around the upcoming “Merge” event, as it will....
Ethereum price after trading as low as $12.53 started recovering against the US dollar, but finding sellers near a major hurdle of $13.00. Key Highlights. ETH price is attempting to move higher once again versus the US Dollar, but struggling near the $13.00 resistance. There is a bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is acting as a resistance. Only a break above it could put the price back in the bullish area in the short term. Ethereum Price Resistance. Ethereum price mostly traded in a range during the past few sessions against the US....
Ethereum is up 3% and it is trading nicely above $400 against the US Dollar. ETH price is showing positive signs and it could rally if there is a clear break above $410. Ethereum is back above the key $400 and $402 support levels. The price is currently facing a major hurdle near $410, but […]
Ethereum has been the "wonder" of the crypto currency world for a second week in a row. As the Bitcoin blocksize debate has caused disunity and discord amongst the bitcoin community, a fair amount of BTC money is flooding across into ETH. That said the market cap of Ethereum has breached the $350 million dollar market cap putting it second in CryptoCompare’s market capitalisation rankings overtaking Ripple and Litecoin. So what has caused this rampant price rise. Although there hasn’t been a major news piece to drive the price, there has been a trickle of minor announcements that....