Ethereum

Ether (ETH) returned to $4,000 on Sept. 3 for the first time since May as a solid week of gains culminated in a major price milestone. Against month-to-date gains of $600, the pair reclaimed the historic level it had lost in the dramatic trend reversal that rocked the cryptocurrency market roughly three months ago. In so doing, Ether broke out of its three-month trading zone, with $4,025 just $350 away from all-time highs. ETH/USD 1-day candle chart (Bitstamp). Source: TradingView In terms of… Source link

Key Takeaways Ethereum is back above $4,000 after breaking out of a consolidation pattern. The bullish impulse coincides with an increase in the number of large Ether transactions. The network activity suggests that whales may be positioning themselves for higher highs. Share this article Ethereum is making headlines again, after surging by more than 18% within the past four days to test the psychological $4,000 level.  Ethereum Breaks $4,000 The second-largest cryptocurrency… Source link

Cryptocurrency analyst Benjamin Cowen believes Ethereum’s bull cycle is just getting started. Cowen tells his 522,000 YouTube subscribers that the current trajectory of the second-largest cryptocurrency looks similar to early 2016 and 2017, which ended up being periods of consolidation preceding large moves to the upside.   Ethereum’s market cap is approximately $417 billion at the time of writing, according to CoinGecko, and Cohen says he’s looking for it to rise above the… Source link

Had you invested just $5,000 in Ethereum (CRYPTO:ETH) at the beginning of the year, your investment would be worth more than $22,360 as of Aug. 28. Its namesake network is advancing far beyond the realm of making uni-dimensional monetary transfers like Bitcoin (CRYPTO: BTC) or even smart contracts. Instead, it is rapidly evolving into a cyberorganism where decentralized digital infrastructures and marketplaces alike are developing on this network. 

Ethereum’s native asset Ether (ETH) has extended its rally on Sep. 1 to log multi-month highs against Bitcoin (BTC) and the United States dollar (USD). The ETH/BTC exchange rate rose 3.13% to hit 0.07475 for the first time since June 9. Meanwhile, bids for ETH/USD climbed 3.4% to $3,546, the highest since May 18, showcasing a renewed upside sentiment in the second-largest cryptocurrency market after it consolidated sideways for more than three weeks. ETH/USD and ETH/BTC daily price chart…. Source link

jpgfactory / Getty Images When it comes to cryptocurrency, most people have heard of Bitcoin and Ethereum, the two biggest cryptos with market caps of more than $896 billion and more than $414 billion, respectively, according to CoinMarketCap. In the world of altcoins, one name typically comes to mind: Dogecoin, popularized by billionaire Elon Musk. See: What Are Altcoins — and Are the Potential Rewards Worth the Risks?Find: Ready to Invest in Cryptocurrency? Get Started With Just $1 However,… Source link

Ethereum started a steady increase and it cleared $3,400 against the US Dollar. ETH price is showing positive signs and it might accelerate further above $3,500. Ethereum started a steady increase above the $3,350 and $3,380 resistance levels. The price is now trading above $3,400 and the 100 hourly simple moving average. There is a key bullish trend line forming with support near $3,425 on the hourly chart of ETH/USD (data feed via Kraken). The pair could accelerate further higher if it… Source link

Ethereum price poised for 40% rally vs. Bitcoin after breaking out of four-month range ‘s native token, Ether (ETH), has the prospect of logging a 40% price rally against its top rival, (BTC), per a classic technical pattern. Dubbed a “symmetrical triangle,” the structure develops after the price forms a series of higher lows and lower highs. Doing so results in a convergence of two trendlines with a degree of symmetry, which appears a a triangle. weekly chart featuring a symmetrical… Source link

Ethereum’s native token, Ether (ETH), has the prospect of logging a 40% price rally against its top rival, Bitcoin (BTC), per a classic technical pattern. Dubbed a “symmetrical triangle,” the structure develops after the price forms a series of higher lows and lower highs. Doing so results in a convergence of two trendlines with a degree of symmetry, which appears a a triangle. Analysts treat symmetrical triangles as trend continuation indicators — i.e., they usually send prices in the… Source link

As the broader crypto world enjoys a late summer surge in enthusiasm, more and more blockchain developers who have taken the plunge are bumping into the blaring scaling issues faced by decentralized apps on the Ethereum blockchain. The popular network has seen its popularity explode in the past year but its transaction volume has stayed frustratingly stable as the network continues to operate near its limits, leading to slower transaction speeds and hefty fees on the crowded… Source link