Archive | price

Ethereum Price Analysis: ETH/USD Poised for More Upsides

Key Highlights ETH price is gaining momentum and it could break the $304 resistance for more upsides against the US Dollar. There was a break above a key bearish trend line with resistance at $295 on the hourly chart of ETH/USD (data feed via Kraken). The pair might decline a few points towards $290 and… […]

Ethereum Classic (ETC) Surges After Coinbase Consumer Confirms Listing

Over the past few weeks, Ethereum Classic (ETC) hit crypto headlines, as multiple exchanges finally announced fiat-to-crypto support for the popular cryptocurrency. Coinbase Consumer Meet Ethereum Classic Coinbase’s support for Ethereum Classic has been in the works for a while now, originally announcing that the firm’s engineering team had begun testing implementation in early-June. Although many… […]

Ethereum Classic Price Analysis: ETC/USD Surging, Could Break $15

Key Highlights Ethereum classic price gained bullish momentum and it broke the $12.50 and $13.40 resistances against the US dollar. There is a major bullish trend line in place with support at $13.10 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is likely to accelerate higher above the $14.20… […]

Ethereum Price Analysis: ETH/USD’s Failure Near $300 Explained

Key Highlights ETH price traded higher, but it failed to hold gains above $300 against the US Dollar. There is a major bearish trend line capping gains with current resistance at $299 on the hourly chart of ETH/USD (data feed via Kraken). The pair may dip a few points and it could test the $273… […]

Ethereum Price Analysis: ETH/USD Correction Facing Hurdle Near $300

Key Highlights ETH price started a short-term correction and moved above the $275 level against the US Dollar. This week’s followed important bearish trend line is in place with resistance at $300 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to find a strong selling interest near the $295,… […]

Price Poor Metric to Judge Bitcoin, Says CoinShares

Digital asset management company CoinShare’s chief strategist Meltem Demirors featured on CNBC’s Fast Money on Monday, where she discussed the problematic nature of judging Bitcoin on price alone. Demirors offered that actual utilization may be a better alternative metric for institutional and retail investors to consider, which she put down as the real struggle right now. Although […]

Arthur Hayes’ $5,000 Prediction Draws Ever Closer As Market Drops

Cryptocurrency price predictions have become as plentiful as trees in a forest, but many never come to fruition. Nonetheless, with the crypto market’s move lower, some have begun to believe that Arthur Hayes’ $5k prediction could be in store for Bitcoin. From $5k To $50k — Arthur Hayes’ Extreme Bitcoin Prediction Arthur Hayes, the CEO… […]

Ethereum Classic Price Analysis: Can ETC/USD Hold The $10.00 Support?

Key Highlights Ethereum classic price tumbled and broke the $12.50 and $11.20 support levels against the US dollar. There is a key connecting bearish trend line forming with resistance at $11.30 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is slowly correcting higher towards the $11.00 and $11.30 resistance… […]

Ethereum Price Analysis: ETH/USD Could Drop To $200-220

Key Highlights ETH price extended declines and dropped below the $260 support zone against the US Dollar. Yesterday’s highlighted crucial bearish trend line is intact with resistance at $305 on the hourly chart of ETH/USD (data feed via Kraken). The pair may well correct a few points higher towards $277-280, but it is likely to… […]

Ethereum Price Analysis: ETH/USD Remains at Risk of More Declines

Key Highlights ETH price recovered a few points after trading as low as $304.26 against the US Dollar. There is a major bearish trend line in place with resistance at $320 on the hourly chart of ETH/USD (data feed via Kraken). The pair is struggling to move above the $320 and $328 resistance levels, and… […]

Crypto Week In Review: SEC Delays Bitcoin ETF, Goldman Sachs Enters Market

Although the past week was rather quiet for the cryptocurrency industry, the price action seen throughout the past few days seems to tell a different story, with Bitcoin trading within a hefty $1,400 range. SEC Shoots Down VanEck ETF Proposal, Issues 45 Day Delay On Tuesday afternoon, the SEC released a document revealing that it… […]

Ethereum Price Weekly Analysis: ETH/USD Recovery Remains Capped

Key Highlights ETH price declined heavily and it almost tested the $300 support area against the US Dollar. There is a connecting bearish trend line formed with resistance at $330 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair has to move past $330 and $340 resistances to recover further in the… […]

Crypto Market Crumbles To New Year-To-Date Lows, Where Does it go Next?

On Thursday, investors awoke to a promising sight — a $300 candle that brought Bitcoin’s price off a $6,150 low — so some thought that the worse for over for the market. But, as some investors were lured into a false sense of security, the market fell even further to establish new year-to-date lows. There’s… […]

Has Yale Found the Two Most Significant Bitcoin Price Indicators?

Connecticut-based Yale University has produced another insightful Bitcoin theory, this time claiming to have found the most significant predictors for the value of Bitcoin. The momentum effect The momentum effect describes the usual course of the price that tends to move in the same general direction that it has been. For example, if Bitcoin has […]