Day: June 16, 2019

Ethereum (ETH) Price Weekly Forecast: Break Above $300 Likely

boss

ETH price rallied recently and broke the $260 and $265 resistance levels against the US Dollar. The price is currently trading near the key $275 resistance, above which it could rally further. There is a major bullish trend line forming with support at $265 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to break the $275 resistance and it could even test the $300 resistance area. Ethereum price is gaining bullish momentum against the US Dollar, similar to bitcoin. ETH is likely to accelerate…

Ethereum Update: Amazon Purchases in The Radar, +60% Growth this Month, ETH 2.0 by Early 2020s

boss

Ethereum is having a very positive week, not only in terms of prices but also in terms of usability and technological evolution. Ether (ETH) Looking Good On Charts Ether (ETH) —the blockchain’s native cryptocurrency— is having a phenomenal performance so far in June. An increase of 63% following the trend established by Bitcoin (BTC) has caused the token to reach 270$. Courtesy: Coinlib The token’s behavior follows the bullish trend that began last May, after a correction experienced at the beginnings of June due to the sharp fall of Bitcoin…

Fundstrat Bullish on Bitcoin, But Expects BTC Resistance at $9,000

boss

Bitcoin Could Soon Find Resistance While the crypto industry was hit with a string of bad news, Bitcoin (BTC) has rallied hard over recent days. As of the time of writing this, the leading cryptocurrency is valued at a cool $8,800 per coin, with bulls managing to wrest BTC from the grasps of a correction, which brought the asset to $7,450 last week. While the bullish trend has obviously resumed, with Bitcoin managing to move dramatically higher (~15%) as analysts called for a drop to $7,000 and even lower, Fundstrat…