Tag Archives: Ethereum

Investing in Ethereum Could Be More Profitable than Bitcoin

Investing in Ethereum Could Be More Profitable than Bitcoin

Investing in Ethereum at its bottom could yield more returns than investing in Bitcoin, said Don Alt. The famous cryptocurrency analyst, who has 82.7k following on Twitter, claimed that his investment paid off when he bought Ether at $121. While he didn’t specify the nature of his trade, he said his investment could return ten times more profit than bitcoin while still costing 1/3rd of the leading digital currency. “I’ve heard Etherum will one day be the global computer that [executes] smart [contracts], tweeted Don Alt. “So I […]

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Ethereum Price Analysis: ETH Remains Buy On Dips, 100 SMA Holds Key

Ethereum Price Analysis: ETH Bullish In Short Term Above $106

ETH price started a downside correction after testing the $149-150 resistance area against the US Dollar. There was a break below a key bullish trend line with support at $146 on the hourly chart of ETH/USD (data feed via Kraken). There was an increase in selling pressure and the price tested the $139-140 support area. A few important supports are in place near the $141, $140 and $136 levels. Ethereum price started a short term correction against the US Dollar and bitcoin. ETH/USD must stay above $136 […]

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What Has Caused Ethereum to Surge and How Far Will it Go?

What Has Caused Ethereum to Surge and How Far Will it Go?

Crypto markets have started the week on a positive note with a $5 billion rally that has resulted in most tokens posting solid gains. The top performer at the moment however is Ethereum has it surges 12% and increases its lead over XRP in third. Ethereum Beating Bitcoin on Recovery Currently outperforming every crypto asset in the top 25, Ethereum has pumped 12% over the past few hours to take it to $138. Conversely XRP has not enjoyed much attention in this current rally so the market […]

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Ethereum Price Analysis: ETH Rallies Above Key Resistance, Next Target $145

Ethereum Price Analysis: ETH Staging Decent Comeback, Could Test $125

ETH price gained strength above the $125 and $130 resistance levels against the US Dollar. There was a proper close above the $130 resistance level and the 100 hourly simple moving average. There is a key bullish trend line in place with support at $128 on the hourly chart of ETH/USD (data feed via Kraken). The price is likely to continue higher and the next targets for buyers could be $140 and $145. Ethereum price is gaining strength above key levels against the US Dollar and bitcoin. […]

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Ethereum Price Weekly Analysis: ETH Primed To Rise Further Above $125

Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $114

ETH price started a major consolidation after a nasty upward move above $120 against the US Dollar. There is a contracting triangle in place with resistance at $124 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to accelerate higher once it breaks the $124 and $125 resistance levels in the near term. On the other hand, a break below $119 might call for more declines towards the $114 or $110 level. Ethereum price is placed nicely in a positive zone versus […]

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Crypto Markets Experience Mixed Trading Session, Analysts Expect Ethereum and Litecoin to Drop in Near-Future

Cryptocurrency Exchanges Targeted by Fake Photo Scam

The crypto markets have continued to gradually drift lower following last Friday’s market surge. Most cryptocurrencies have dropped today, with Ethereum trading down marginally, and XRP dropping nearly 2% due to concerns regarding the newly announced JP Morgan crypto (JPM Coin) possibly being a competitor. Many analysts now expect major cryptocurrencies, including Litecoin and Ethereum, to see increased selling pressure in the near-term as these cryptocurrencies fail to break above their respective resistance levels. Ethereum and Litecoin May Soon See Further Losses At the time of writing, Ethereum […]

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Nasdaq’s Bitcoin and Ethereum Indices Solve a Major Problem for Cryptocurrency Sector

Nasdaq's Bitcoin and Ethereum Indices Solve a Major Problem for Cryptocurrency Sector

Nasdaq may have just removed one of the most significant barriers before a potential cryptocurrency adoption. The US stock market exchange on Monday announced two cryptocurrency indexes which provide real-time spot or reference rate for Bitcoin and Ethereum. Dubbed as the Bitcoin Liquid Index (BLX) and Ethereum Liquid Index (ELX), both the indexes extract price data from multiple exchanges to provide onlookers single price point for BTC and ETH. Nasdaq assured that independent auditors had verified their methodology of obtaining and unifying price data to present the […]

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Ethereum Price Analysis: ETH Losing Bullish Momentum, Downsides Limited

Ethereum Price Analysis: ETH Consolidating Below Crucial Barriers

ETH price struggled to stay above the $121 and $119 support levels against the US Dollar. This week’s followed major bullish trend line was breached with support at $121 on the hourly chart of ETH/USD (data feed via Kraken). There is a new connecting bearish trend line in place with resistance at $121 on the same chart. The price could revisit $121-122 resistance zone, where sellers are likely to reemerge. Ethereum price is pointing a few bearish signs against the US Dollar and bitcoin. ETH/USD is now […]

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What Crypto Winter? Ethereum Based MakerDAO Posts Staggering Growth

What Crypto Winter? Ethereum Based MakerDAO Posts Staggering Growth

Ever since the crypto asset market began to express signs of onset bear market blues, investors have clamored for oases. While many have cast aside investments in decentralized application-centric platforms, like Ethereum and EOS, for Bitcoin to hedge their formerly-diversified portfolios, many have glossed over MakerDAO, a platform that exemplifies the decentralization and democratization of financial services. Related Reading: OmiseGO and MakerDAO Collaborating for a Decentralized Financial Future Ethereum DApp Use Wanes Research completed by LongHash, recently claimed that blockchain applications, so-called “DApps,” have seen minimal levels of […]

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Ethereum Price Analysis: ETH Primed For Further Gains Above $125

Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $114

ETH price remained nicely supported on the downside above $120 and $118 against the US Dollar. Yesterday’s highlighted key bullish trend line is intact with support at $120 on the hourly chart of ETH/USD (data feed via Kraken). The pair is following a bullish structure and it could continue to move higher above $125 in the near term. Ethereum price is slowly gaining bullish momentum against the US Dollar and bitcoin. ETH/USD is likely to break the recent high and trade above the $128 and $130 resistance […]

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