Tag: altcoin price

Oct 30 2020

Ethereum at Risk of Major Downside After Failing to Complete Key Pattern

Oct 30 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

It has been a rough past few days for Ethereum, with Bitcoin’s recent $13,800 rejection sending it plunging below $400 It has not been able to gain any strong momentum in the time since, and analysts do believe that this could indicate that further weakness is imminent ETH’s lackluster price action and severe underperformance has been one of the main reasons why other...

Oct 29 2020

Ethereum’s Macro Outlook is “Ultra Bullish” Despite Recent Turbulence

Oct 29 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum has been closely tracking Bitcoin’s price action throughout the past couple of days This has caused it to see a notable selloff, with bulls and bears now reaching an impasse as it trades just above its crucial $380 support level A continued defense of this level is key if bulls want to fuel a move higher in the near-term One analyst is...

A Stable/Bullish Bitcoin Puts Chainlink (LINK) On Road to $20: Analyst

If Bitcoin achieves stability or further bullishness in the sessions ahead, it could help its rival asset Chainlink (LINK) add more value to its market capitalization. So says Kevin Svenson, an independent market analyst. The chartist noted in an early Thursday tweet that LINK could hit a $20 valuation, almost 66...

Oct 28 2020

Ethereum “Crashes Heavily” Against BTC as Market Faces Strong Pullback

Oct 28 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum has been severely underperforming Bitcoin as of late, which has led the ETHBTC trading pair to see immense weakness It is currently plunging lower as Bitcoin’s $13,800 rejection sends shockwaves throughout the market Although it has reached its first key support zone, weakness seen by both BTC and ETH individually will likely drag it significantly lower in the near-term This weakness can...

Oct 27 2020

Ethereum Rebounds Following Recent Nosedive; What Analysts are Expecting

Oct 27 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum has been taking a beating throughout the past few days as all eyes closely watch Bitcoin The crypto has been severely underperforming BTC as of late, with the benchmark digital asset seeing a sharp rise in market dominance as altcoins stagnate This could be due to ETH and other alts lagging, which would indicate that a sharp move higher is imminent in...

Oct 26 2020

Ethereum’s Market Structure Suggests Move to $3,600 Could be Brewing

Oct 26 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum is seeing some technical weakness today despite the strength seen by Bitcoin Some bearish events within the DeFi sector may be contributing to this, including a massive smart contract exploit that cost investors millions This has caused it to see some notable underperformance of Bitcoin throughout the past 24 hours Despite this short-term technical weakness, one analyst is still noting that the...

Oct 25 2020

Ethereum Shows Continued Signs of Weakness Against BTC as Uptrend Stalls

Oct 25 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum has been struggling to match the momentum seen by Bitcoin as of late This has caused its price to decline by roughly 5% from its recent highs as bulls struggle to gain any traction Bitcoin’s ongoing consolidation phase isn’t helping either, as some investors are fleeing more volatile assets like ETH in anticipation of BTC seeing a rejection It is still holding...

Oct 24 2020

Bullish for ETH: Miners Aren’t Selling Ethereum Despite Its Sizable Rally

Oct 24 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum’s price has rocketed over the past few days alongside Bitcoin, but it has been underperforming the benchmark crypto While Bitcoin is currently on the brink of setting fresh yearly highs, ETH is trading down significantly from its $490 highs that were set a couple of months ago For ETH to outperform BTC, there will likely have to be a resurgence in the...

Oct 23 2020

Analyst: Ethereum is Poised to Rally Past $430 Despite Consolidation

Oct 23 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum has been showing tremendous signs of strength as it begins moving in lockstep with Bitcoin Despite seeing a selloff on the first day that Bitcoin started rallying, ETH quickly reshaped its previously close correlation with BTC and began surging This surge led its price all the way up to highs of $420 yesterday, which is where it found some slight resistance One...

Oct 22 2020

$900 Imminent? Analyst Claims Ethereum is Ready for an Explosive Move Higher

Oct 22 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

After days of underperformance, Ethereum’s price is finally catching up to that of Bitcoin The second-largest digital asset saw a massive overnight rally that led it all the way up to highs of $415 before it found any resistance This surge marks a notable climb from its recent lows of sub-$370 that were set just a few days ago It has also reinvigorated...

Oct 20 2020

Analysts Think Ethereum’s Bull Trend is “Just Getting Started” Despite Selloff

Oct 20 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum has plunged today despite the strength seen by Bitcoin ETH’s ongoing descent has sent shockwaves throughout the market, creating a tailwind that has adversely impacted most other altcoins This intense selling pressure isn’t showing any signs of letting up today, but it is important to note that there’s still a chance that an upside movement is brewing One analyst is pointing to...

Top Fund Managers Think Bitcoin May Seriously Outperform Altcoins

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...

Oct 19 2020

Here’s Why Ethereum Has the “Best TA Structure” in the Crypto Market

Oct 19 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum is currently in the process of breaking back above its crucial $380 resistance level This level has significant historical importance, as breaks above and below it have marked turning points for the cryptocurrency’s previous trends Whether or not the crypto can push higher in the near-term may depend somewhat on Bitcoin The benchmark crypto has been seeing a slight uptrend over the...

Oct 18 2020

Ethereum to See “Price Discovery” in 2021; Analyst Targets $750

Oct 18 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum has seen some slight momentum over the past 24-hours that has pushed its price towards $380 This is a critical level that has historically sparked both uptrends and downtrends Whether or not this level is broken above in the near-term will provide serious insights into the crypto’s outlook One analyst is noting that its mid-term market structure is incredibly bullish, and that...

Oct 17 2020

Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control

Oct 17 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It...

Oct 15 2020

Ethereum Could Push to $420 if It Flips One Key Level into Support

Oct 15 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum is currently caught within a consolidation phase alongside Bitcoin and its other peers This has made its near-term outlook somewhat unclear, as where it trends next may depend largely on the price action seen by BTC Overnight, an influx of selling pressure caused its price to plunge just over 1%, with this decline sending it below the crucial $380 level This level...

Oct 14 2020

Ethereum Remains Strong So Long as It Defends One Critical Level

Oct 14 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum and the entire cryptocurrency market are currently caught within a consolidation phase This has come about due to Bitcoin’s tight bout of trading between $11,400 and $11,600 ETH is trading above a critical level that it was previously struggling to surmount This is a bullish sign that indicates it may be well-positioned for a strong move higher in the near-term That being...

Oct 13 2020

Ethereum Posts a Pristine Technical Breakout as Analysts Target $400+

Oct 13 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum’s price action has been closely correlated to that of Bitcoin, which has caused it to see a bout of consolidation It was able to post an incredibly strong move higher yesterday that allowed it to break its $380 resistance This level has been a pivotal one for Ethereum for the past several months, and the break above it holds serious technical significance...

Oct 12 2020

Analytics Firm: One On-Chain Metric is Flashing Warning Signs for Ethereum

Oct 12 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum’s price action has been slightly underperforming that of Bitcoin as of late The cryptocurrency has remained stuck beneath its crucial resistance level at $380, which points to some weakness amongst buyers Until this level is surmounted and ETH can regain its foothold within the $400 region, it may remain somewhat technically weak One fundamental metric seems to indicate that ETH is also...

Oct 11 2020

Ethereum is on the Cusp of Making a Full Recovery; Here’s What to Watch For

Oct 11 2020 Published at Bitcoinist.com under tags  altcoin price ethbtc ethusd ethusdt

Ethereum’s price action has been closely tied to that of Bitcoin as of late But while Bitcoin has broken multiple key resistance levels, ETH remains below the crucial $380 level This level has yet to be broken, with each visit here sparking a slight selloff Where Ethereum the entire market trends next will likely depend on Bitcoin and whether or not it can...

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