Tag: ethereum price

Oct 22 2020

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

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

Ether Price Analysis – 3 things to know before 2021

Oct 20 2020 Published at CryptoTicker under tags  2020 crypto ether ethereum ethereum 2.0

Ether is still a much-undervalued cryptocurrency, especially before the launch of ETH2.0. The year 2020 was a good year for the coin that brings "Smart Contracts", a much-needed element in today’s world....

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 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...

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...

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

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 14 2020

It’s “Hard to be Bearish” on Ethereum as Key Supports Hold: Analyst

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

Ethereum has dropped lower over the past 24 hours after peaking just shy of $400. The cryptocurrency currently trades at $382 and is down a mere 0.5% in the past 24 hours. Despite the drop from the local highs, analysts remain bullish on the asset. One analyst says that he finds it hard "not to be bullish" as $360-370 holds. $360-370 has acted...

Oct 13 2020

Ethereum’s (ETH) Daily Active Addresses Continue to Decline Since July

Summary: The number of unique Ethereum daily addresses interacting with the ETH network has continued to decline since July The decline has accelerated since mid-September Back in August, Crypto analyst Timothy Peterson had predicted that Ethereum's network activity was in a decline and could lead to ETH losing half its value The number of daily active addresses on the Ethereum network has continued...

Ethereum Price Analysis: ETH Price Gains 12% In 7 Days

The Etheruem price is displaying good growth, the ETH price has gained almost +12.39% in the last 7 days. At the time of writing this article on October 13, 2020, it is sitting at $385.27 (+5.06%). Let’s take a look at it in more detail....

As Long as Ethereum Holds $350 Range, It’s Set to Double: Analyst

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

Ethereum has undergone a strong drop since the August highs of $490. The coin currently trades for $380, far below the aforementioned highs. Despite the strong correction, analysts are optimistic that the long-term trend remains bullish. One crypto-asset analyst noted that as long as Ethereum holds the $350 region, it could move towards $700 in the...

Oct 12 2020

Leading Binance Trader Expects Ethereum to Rocket Higher After 30% Drop

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

Ethereum has dropped around 30% from its recent year-to-date highs after the U.S. dollar underwent a bounce. The leading cryptocurrency currently trades for $370, $120 shy of the $490 highs, but fell as low as $315. Ethereum remains in a positive state on a macro time frame, analysts say. One trader, a leading trader on Binance's futures...

Oct 09 2020

Ethereum Surges Towards $370, Denying Expectations of Further Losses

Oct 09 2020 Published at Bitcoinist.com under tags  ethbtc ethereum ethereum price ethusd

Ethereum fell as low as $315 in September as a strong selloff rattled the markets. Since those lows, ETH has bounced back in notable fashion. The coin currently trades at $369, its highest price in many days as buyers finally step back into the market after an altcoin carnage. Ethereum is leading Bitcoin higher as of this article's writing, outperforming BTC's 1.5% gain...

Ethereum Is Likely to Perform Really Well in 2021 Due to Ichimoku Signal

Ethereum is likely to perform extremely well in 2021, analysts say despite the recent rapid drawdown in ETH's price. The coin currently trades for $350, around 30% below the recent year-to-date highs of $490, set just a few weeks ago. Ethereum's strong move lower was a result of a correction in the Bitcoin market, along with a rapid slowdown in the utility of...

Oct 08 2020

Ethereum Primed to See Further Short-Term Losses Toward $300

Oct 08 2020 Published at Bitcoinist.com under tags  ethbtc ethereum ethereum price ethusd

Ethereum has dropped in tandem with Bitcoin over the past few days. The leading cryptocurrency fell as low as $330 while BTC slipped to $10,400. While Ethereum has since recovered from those lows to $345, the coin is expected to resume its move lower. Analysts currently see the cryptocurrency moving towards the $300 region. While this...

Oct 07 2020

Ethereum’s Hash Rate Sets Record Despite ETH Trading 75% Below All-Time High

Ethereum's price has stagnated over recent weeks. After peaking at $490 last month, the coin has dropped around 30% to $340 as of this article's writing. At the recent lows, ETH was trading as low as $310. Ethereum's hash rate has continued to march higher despite the price of ETH falling. This may be related to the extremely high transaction fees collected by...

Oct 06 2020

Sorry Bulls: Ethereum Expected to Drop Towards $300 as Rally Weakens

Oct 06 2020 Published at Bitcoinist.com under tags  ethbtc ethereum ethereum price ethusd

Like Bitcoin, Ethereum was pushing higher from last week's lows, at least until the past few hours. In the span of about 30 minutes earlier today, the leading cryptocurrency dropped from $355 or so to $344, marking a small yet notable drop. This weakness and continued inability to surmount the resistances at $365-375 in the near term is sparking fears of a deeper...

Binance Futures Trend: Ethereum May Soon Pop Higher After 30% Drop

Ethereum may be poised to move higher after dropping 30% from last month's highs. Futures data shows that investors are currently bearish on the cryptocurrency, which should lend to a potential short squeeze. Ethereum Could Soon Surge to the Upside: Futures Trend Crucial futures data suggests that Ethereum may soon revert to the upside, not move lower. One crypto-asset analyst recently...

Oct 04 2020

Ethereum’s (ETH) Transaction Volume Grew By $109 Billion in Q3, 2020

Quick take: DappRadar has released its Q3 DApp Industry Report Ethereum's transaction volume grew by $109 Billion in Q3 when compared to Q2 Ethereum continues to dominate as the blockchain with the most DApp activity The team at DappRadar has released the Q3 Dapp Industry report which analyses the performance of 13 blockchains in the months of July, August and September. According to...

Know a good blog/source that is not listed? Contact us or fill the form below to add one: