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Ethereum traded to a new monthly high at $1,655 before correcting lower against the US Dollar. ETH price is struggling to stay above $1,600, but it is likely to remain stable as long as above the 100 hourly SMA. Ethereum extended its rise above the $1,600 and $1,625 resistance levels. The price
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On Feb. 20, Ether (ETH) price rallied to a new high at $2,015 and this caused multiple indicators to display signs of excessive optimism. While the excitement could be easily justified by Ether's year-to-date 176% gain, these warning signs should not be ignored.On of the primary driving factors of the
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Bitcoin price started a fresh decline after it failed to clear $52,000 against the US Dollar. BTC is sliding and it remains at a risk of a drop towards $41,000. Bitcoin recovered above $50,000, but it struggled to clear the $52,000 resistance. The price is trading well below $50,000 and the 100
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Bitcoin price started a downside correction from the $52,750 all-time high against the US Dollar. BTC is now approaching a couple of important supports near $50,500. Bitcoin topped near the $52,750 level and started a downside correction. The price is still well above $50,000 and the 100 hourly simple moving average. There is
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Bitcoin has seen strong gains over the past seven days. According to CoinGecko, the leading digital asset is up 16% in the past seven days, outperforming Ethereum and a number of other digital assets. Despite this strong rally in the price of the leading digital asset, analysts are expecting further gains
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Bitcoin (BTC) price posted a 25% gain after this week’s news of Tesla’s $1.5 billion BTC investment came out. Prior to this reveal, BTC was lagging behind Ether’s (ETH) performance by 7.5% but the numerous bullish events of the past few days helped BTC to hit a new all-time high
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Ethereum is facing a strong resistance near the $1,825 and $1,830 levels against the US Dollar. ETH price is likely to remain stable above the 100 hourly SMA or $1,680 in the near term. Ethereum seems to be struggling to clear the $1,825 and $1,830 resistance levels. The price is now trading
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Bitcoin price started a downside correction below $46,000 against the US Dollar. BTC is now consolidating above the $43,800 support and the 100 hourly SMA. Bitcoin failed to stay above the $47,000 level and corrected below $46,000. The price is holding the $44,000 level and the 100 hourly simple moving average. There was
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Bitcoin price rose over $5,000 today due to a powerful surge of FOMO, driven following the news that the Elon Musk-led Tesla had added $1.5 billion in BTC to its company reserves. The strength of today’s buying frenzy has pushed the daily Relative Strength Index back above a key level. A
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Ripple corrected gains from well above $0.5000 against the US Dollar. XRP price is holding the key $0.3400 support, and it is likely to resume higher towards $0.4200 and $0.4400. Ripple started a fresh decline after it failed to clear the $0.5500 resistance against the US dollar. The price is still holding
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