Ethereum Price (ETH) Remains Sell Despite Recent Bitcoin Recovery

ETH price traded as low as $212 and recently corrected higher against the US Dollar. The price traded above the $220 and $225 resistance levels, but it is still trading in a bearish zone. There is an ascending channel forming with resistance near $240 on the hourly chart of ETH/USD (data feed via Kraken). The pair could resume its slide if it struggles to clear the $240 resistance area in the near term. Ethereum price is slowly recovering versus the US Dollar, along with bitcoin. ETH price is likely to…

Price Analysis 15/07: BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, TRX, XLM

Can Bitcoin again lead the next leg of the recovery? Let’s look at the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. The sharp recovery from the lows led by Bitcoin was largely based on the pretext that institutional players had finally started to take greater interest in the asset class.…

Ethereum (ETH) Shows Severe Selling Pressure Amid Bearish Sentiments

The cryptocurrency market is on a downward trend after Bitcoin failed to establish support at the $11,000 level, plunging instead to around 10% to the $10,000 region. Ethereum has equally felt the heat, plunging 32% in what was the largest percentage loss ever in a single day, and on Monday it was trading at $206.08. Ethereum Plunges as a Result of Selling Pressure As selling pressure continues to build, Ethereum continues to plunge, and it is expected to drop even lower in the near future. Ethereum has significantly dropped from…

Ethereum Falls by 20% as Bitcoin Taps $10,000, Is There Hope for ETH?

Ouch, Ethereum (ETH) isn’t looking too hot. In the past 24 hours, the cryptocurrency has lost 20%, while Bitcoin (BTC) has shed a relatively mere 10% in the same time frame. According to Three Arrows Capital’s Su Zhu, Monday’s performance was the “top single-day downward move” for Ethereum since January 1st of 2017 — youch. As of the time of writing this, ETH is changing hands for $220 — a level not seen since June. Against Bitcoin, ETH has fallen to 0.022 — the lowest this pair has traded at…

Ethereum Price (ETH) Holding Crucial Support: Next Key Break Nearby

ETH price remained in a bearish zone after it settled below the $280 support against the US Dollar. The price declined heavily and recently tested the key support area near the $260 level. There is a crucial bearish trend line forming with resistance near $282 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to recover as long as it is trading above the key $260 support area. Ethereum price is struggling to recover after a massive decline against the US Dollar and bitcoin. ETH…

Price Analysis 12/07: BTC, ETH, XRP, LTC, BCH, EOS, BNB, BSV, TRX, XLM

Bitcoin has risen after Trump’s negative tweets. Can it continue its move up or will it reverse direction? Let’s look at the charts. The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. United States President Donald Trump bashed both Facebook’s Libra and Bitcoin in a series of tweets on July 11. However, the interesting…

Ethereum (ETH) Vulnerable, Prices Below A 3-Month Support Trend Line

Ethereum (ETH) is down 3.2 percent Omar Reyes, a candidate vying for a Congress seat in Florida, wants to issue an Ethereum token Props, an ERC-20 token, is compliant with a key regulation. As a result, investors can have a financial stake in the issuing company following SEC qualification. As of the time of writing, bears are in control after the July 11th’s breakout below the main support trend line. Ethereum Price Analysis Fundamentals Well, it appears as if blockchain is not immune from politics. The disruptive platform may have…

Ethereum Price Consolidating Losses: ETH & BTC Could Correct Higher

ETH price declined heavily below the key $300 support area against the US Dollar. The price traded close to the $260 support level and it is currently consolidating losses. There is a short term bearish trend line forming with resistance near $274 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher in the near term, but it is likely to struggle near the $282 and $285 resistances. Ethereum price started consolidating losses after a sharp dip versus the US Dollar and bitcoin. ETH price…

Bitcoin (BTC) and Ether (ETH) Market Update: July 11, 2019

The total crypto market cap lost $18 billion of its value since July 8, 2019, and dropped down to $311.3 billion. The top ten coins are all in the red for the last 24 hours with many registering double-digit losses. Bitcoin Cash (BCH) and EOS (EOS), for instance, dropped 21.1 and 22.5 percent respectively. At the time of writing, bitcoin (BTC) is trading at $11,270 on the Bitstamp daily chart, while ether (ETH) stands at $266, and Ripple’s XRP dropped down to $0.327. BTC/USD Bitcoin closed the previous week with…

Ethereum Price Holding Key Support: ETH, BTC Down 10% From Highs

ETH price failed to hold gains above the $310 level and recently declined heavily against the US Dollar. The price declined below the main $300 and $295 support levels to enter a bearish zone. There was a downside break below a contracting triangle with support at $308 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now trading above the next major support near the $280 level. Ethereum price declined sharply below the $300 support versus the US Dollar, along with bitcoin. ETH price could recover…