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ETH price started an upside correction above the $172 and $175 resistances against the US Dollar.The price even broke the $180 level and it is currently testing the key $185 resistance area.There was a break above a declining channel with resistance near $171 on the hourly chart of ETH/USD (data
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ETH price managed to recover above $172, but it failed to continue above $180 against the US Dollar.The price is currently trading below the $170 support and it might retest the $165 or $162 support.There is likely a flag pattern forming with resistance near $171 on the hourly chart of
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Ethereum Blocks Filling UpAs covered heavily by this outlet over recent weeks, the Ethereum network has been seeing more activity than ever before. In fact, the network has been used so much that miners of ETH recently opted to increase the capacity of blocks by 25% — allowing for more
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Ethereum Still Has Much to GrowFor most of this year, all eyes have been on Bitcoin, the leading cryptocurrency by market capitalization.Indeed, altcoins, including Ethereum and XRP, have suffered heavy losses this year, both in terms of price and investor interest. Altcoins are doing so poor, in fact, that the
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A major network upgrade or hard fork is usually bullish for a crypto project. Ethereum has long been subject to indignation from its adversaries for its lack of scalability and network problems when under pressure. The first phases of a long awaited protocol upgrade are about to be rolled out
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ETH price failed to surpass the $172-$175 resistance and declined again against the US Dollar.The price retested the $152 support area and it is currently correcting higher.There is a new connecting bearish trend line forming with resistance near $168 on the hourly chart of ETH/USD (data feed via Kraken).The price
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Cryptocurrency prices wavered on Wednesday following the biggest 24-hour devaluation in months, leaving little guarantee of a swift recovery in the near term. For Ethereum (ETH), the grind lower has been much more extreme when valued against bitcoin (BTC). While the ETH/BTC exchange rate has been in recovery
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ETH price is under a lot of pressure and it recently broke the $202 support against the US Dollar.The price is likely to continue lower towards the $195 and $192 support levels in the near term.There are two major bearish trend lines forming with resistance near $208 and $210 on
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ETH price is currently correcting lower and it recently broke the $212 support against the US Dollar.The price is facing a lot of hurdles on the upside near the $212 and $215 levels.There is a key bearish trend line forming with resistance near $214 on the hourly chart of ETH/USD
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ETH price completed its downside correction near the $202 support area against the US Dollar.The price bounced back and climbed to a new monthly high above the $220 level.There is a new major bullish trend line forming with support near $210 on the hourly chart of ETH/USD (data feed via
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