Ethereum Shatters Critical Resistance as Top Holders Start Accumulating
Ethereum has seen some incredibly strong price action throughout the past few days and weeks, with buyers taking full control of its price action as they hold it above $500 for an extended period of time. The selling pressure seen here has proven to be quite significant, as its rally has halted in its tracks […]
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While Bitcoin explodes past $17,000, Ethereum has seen only tempered momentum That being said, the crypto was able to break above a crucial resistance level today, and is trying to gain a footing above $470 This has led one analyst to expect significantly further upside in the near-term He believes that $480 is the next key level that ETH will target, with a break above here being vital for it to see a strong push […]
Ethereum is facing a strong resistance near the $600 and $602 levels against the US Dollar. ETH price must settle above $602 to start a strong increase in the near term. Ethereum climbed higher, but it is facing a strong selling interest near $600. The price is currently consolidating below the $600 resistance and above […]
Bitcoin saw a strong upsurge this morning that allowed it to break above its $11,600 resistance level This resistance has been suppressing its price action throughout the past few days and weeks, with bulls being unable to spark any sustainable moves above it Where it trends next will likely depend on how sustainable this ongoing move higher is, and whether or not it can lead it to a key resistance One trader is now watching […]
Mining operators and holders keep accumulating Bitcoin, according to the latest Kraken intelligence report, titled “Shocktober.” In the report, several metrics allude to a bullish view for the months to come. In contrast, mining pool contributors and small miners have taken profits, these being more prone to sell due to market movements.
‘Shocktober’ Report Paints a Bullish Panorama
A new report issued by the intelligence division of the U.S.-based exchange Kraken suggests that mining operators and long-time holders are actively contributing to....
Ethereum cleared the $405 and $410 resistance levels to start a fresh rally, following bitcoin price surge against the US Dollar. ETH price is likely to continue higher towards $450 and $465. Ethereum is up over 6% and it broke the key $420 resistance level. The price is now trading above $425 and the 100 […]