Tag: ethbtc

Oct 23 2020

Ethereum Price Forecast: ETH Thrusts Through $400 Resistance as $500 Calls

Oct 23 2020 Published at Coingape under tags  altcoin news ethaud ethbkrw ethbrl ethbtc

Ethereum price tops $400 since late September and extends the price action to $420. ETH/USD has a smooth ride to $500 but bulls must be aware of the minor hurdles likely at $440 and $480. The...

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...

Ethereum Price Breaches Pivotal Resistance Level—And That’s Big for Bulls

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

It's been a good day for the crypto market, with Bitcoin, Ethereum, and altcoins posting strong gains. The two leading crypto-assets have gained approximately 8% each over the past 24 hours, which is the best performance in many weeks. Ethereum is expected to move higher as fundamental and technical trends align. One crypto-asset trader pointed to the significance of Ethereum's recent move higher....

Oct 21 2020

Ethereum Lags Behind Bitcoin, But Analysts Think a Big Move is Coming

Oct 21 2020 Published at Bitcoinist.com under tags  altcoins ethbtc ethusd ethusdt

Ethereum’s price has been significantly underperforming that of Bitcoin as of late While the benchmark cryptocurrency is now trading at fresh yearly highs, Ethereum is still down nearly 30% from its 2020 highs This underperformance is quite surprising to investors, as this latest Bitcoin rally is one of the few that has occurred in full isolation Altcoins have not been able to match...

On-Chain Ethereum Trends Favor Bulls Despite 5% Drop From Local Highs

Oct 21 2020 Published at Bitcoinist.com under tags  ethbtc ethereum ethereum price ethusd

Santiment, a blockchain analytics firm, recently shared that Ethereum's NVT is still "bullish" The NVT is the network value to transaction ratio, which is seen as a price-to-earnings ratio for blockchain networks. Data also shows that investors are accumulating ETH en-masse, with coins leaving exchanges at a rapid clip. Ethereum...

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...

Altcoins Lose Over $4 Billion In Market Cap As Bitcoin Bulls Take Charge

Oct 20 2020 Published at Coingape under tags  ada adabch adabnb adabtc adabusd

Over the last 24 hours, the altcoins' market is in deep red with some top cryptocurrencies losing between 4-10%. As per the charts on CoinMarketCap, the altcoins have lost over $4 billion in combined market cap over the last 24 hours....

Ethereum Price Forecast: ETH Loses Steam As Reversal Looms, Eyeing $340

Oct 20 2020 Published at Coingape under tags  altcoin news ethaud ethbkrw ethbrl ethbtc

Ethereum is hammering at the resistance highlighted by the ascending triangle and the $380 zone. A breakdown cannot be ruled out because of the formation of the triangle pattern. The smart contract token seems to have hit pause at $380...

On-Chain Data Shows Mass Accumulation Among Ethereum Investors

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

Ethereum has gained a few percent since the lows of last week. The coin currently trades for $380 but peaked earlier today at $385. This price action has been underscored by reports that mass Ethereum accumulation has been taking place. Leading crypto analytics firm Santiment reports that ETH is leaving exchange wallets en-masse, suggesting accumulation and long-term confidence. The firm recently wrote:...

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

3 Trends Show Ethereum Is On Track For Strong Growth in 2021

Ethereum has undergone a strong drop from its year-to-date highs at $490. The coin currently trades for $375, around 25% below those highs. At the worst of the correction last month, the coin was down even further. Ethereum remains bullish on a long-term basis as long-term trends favor bulls, analysts say. One trader recently shared a...

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

The Crucial Level to Watch as Ethereum Prepares to Shoot Toward $700

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

Ethereum topped out dramatically in August when it hit $490, then crashed. The coin currently trades for $370, 25% below those highs. Analysts think that Ethereum could soon shoot higher as the macro trend remains bullish. ETH will need to hold a crucial support level in the $300 range, then decisively surmount the year-to-date highs around the high-$400s. Institutions are getting bullish alongside...

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...

Historically Accurate Analyst Thinks Ethereum Will Slide Lower

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

Ethereum has strongly outperformed Bitcoin over the past few months. The leading altcoin has pushed higher on the back of an influx of buying demand due to trends in the decentralized finance space, along with investors realizing that it was relatively undervalued to BTC. This rally allowed the Ethereum-to-Bitcoin pair to push higher, meaning that each ETH bought users more...

Oct 16 2020

$700: Analysts Expect Ethereum to See a Massive Surge as ETH 2.0 Rollout Nears

Oct 16 2020 Published at Bitcoinist.com under tags  altcoins ethbtc ethusd ethusdt

Ethereum has been closely tracking Bitcoin over the past few days and weeks This has caused the cryptocurrency to see some turbulence as of late, with news regarding the OKEx founder being arrested sending BTC and ETH reeling lower This decline was short-lived, and bulls were able to rapidly step up and begin absorbing this selling pressure Analysts are now noting that upside...

Ethereum’s Price Just Formed a Pivotal Bullish Breakout

Oct 16 2020 Published at Bitcoinist.com under tags  ethbtc ethereum ethereum price ethusd

Ethereum has dropped dramatically since the August highs of $490. The coin now trades for $370, around 25% below those highs. While Ethereum is still far below the highs, the coin is printing positive medium-term to long-term signs. One top cryptocurrency trader shared that the asset is breaking above a multi- week triangle/pennant pattern. This breakout suggests there will be a continuation to the...

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...

CFTC Chairman Tarbert is Impressed by Ethereum, “Period”

Oct 15 2020 Published at Bitcoinist.com under tags  cftc ethbtc ethereum ethusd

Ethereum has faced a strong drop since the August highs of $490. The coin currently trades for $375, far below the aforementioned highs. The cryptocurrency remains in a fundamentally strong position, though, analysts say. So much so that the chairman of the U.S. Commodities and Futures Trading Commission (CFTC) threw his weight behind Ethereum. In a talk, he said that he has genuinely...

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...

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