TA: Why Ethereum (ETH) Could Continue To Outperform Bitcoin
Ethereum outperformed bitcoin and rallied above the $2,550 resistance against the US Dollar. ETH price tested $2,700 and it is now correcting gains. Ethereum rallied towards the $2,700 level before it started a downside correction. The price is still trading above $2,500 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $2,450 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to start a fresh increase from $2,500 or $2,450 in the near term. Ethereum Price is Correcting Gains Ethereum formed a support base above....
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Ethereum may outperform bitcoin, the Republic of Liberland shows interest in Dash, and an altcoin hub turns one. Want to catch up on your latest altcoin news? Read the stories below. ETHEREUM. Ethereum could potentially outperform bitcoin towards the end of the year. One analyst points out that a recent panic selling of bitcoin spurred from the recent drop in its price due to regulatory rumours stemming from China. Bitcoin swung around sporadically on the charts, only to rapidly rise back up and enter a trading haven of around $730 earlier this week. The analyst claims that while such a....
Contending blockchains will not outperform Ethereum, and Ethereum can play a vital role in times to come, expressed Joey Krug. Joey Krug – Chief Investment Officer for Pantera Capital informs that the second-largest crypto worldwide will continue dominating its competitors. However, he projects that the token could soon be behind over 50% of worldwide financial […]
It's not just ETH price that stands to benefit from Ethereum's move to proof-of-stake in September. After years of waiting, Ethereum is finally prepared to become a full-fledged proof-of-stake (PoS) blockchain. Besides Ethereum's native token Ether (ETH), the valuation of several other tokens have not only benefited greatly, but could also keep outperforming ETH after the Merge. Ethereum steps closer toward the MergeThe leading smart contract platform completed the last of its three public testnets dubbed "Goerli," on Aug. 11. Therefore, there should be no delays in Ethereum's "Merge,"....
Many investors flipped bullish on Bitcoin relative to altcoins over the past few days. This culminated on Monday when BTC gained 3% while the price of top altcoins dropped by 1-10%. Analysts think this trend may continue for the forseeable future. Bitcoin Could Outperform Altcoins in the Months Ahead Many investors flipped bullish on Bitcoin relative to altcoins over the past few days as the leading cryptocurrency has begun to outpace its offspring. This culminated […]