Ethereum

getty After yet another wild weekend of cryptocurrency movement, it’s possible to identify levels of danger for investors and for traders. Most trade-able assets take Saturday and Sunday off but not bitcoin and friends. The cryptos like to find new price levels or re-visit old ones, up or down, depending on the weekend. This time around, it’s the old levels that attract attention. If you’re a investor, for example, of Bitcoin, then you’re probably of the… Source link

The past week has been an emotional rollercoaster for Ether (ETH) traders, as there were seven four-hour candles of a 10% or larger price movement.  Furthermore, the most recent 30% drop to $920 triggered $550 million in liquidations on long futures contracts. To complicate things even further, this current price correction is taking place just four weeks ahead of the launch of CME’s ETH futures. ETH/USD 4-hour chart. Source: TradingView It’s possible that even the most bullish Ether traders… Source link

ETH/USD rose to highs of $1,352 before sell-off pressure pushed it to a major support level at $1,000 Ethereum (ETH) corrected to the $1,000 support level, losing the upside momentum that had brought bulls so close to a new all-time high. Before correcting, ETH/USD had surged by about 89% since 2 January, reaching highs of $1,352 on BitStamp. ETH price currently hovers around $1,085 on most exchanges. As seen on CoinMarketCap, the second-largest cryptocurrency by market cap is down nearly… Source link

Ethereum price is having a meltdown today. The world’s second-biggest cryptocurrency is trading at $1,115, which is 11% below yesterday’s close of $1,250. The current price is 17% below the highest level during the weekend while its market cap has dropped to more than $126 billion.  Ethereum is not the only struggling cryptocurrency. Bitcoin, which rose to more than $41,000 during the weekend has dropped by more than 5,000 points while Bitcoin Cash has… Source link

XRP recovered from its drop a couple of weeks ago and reclaimed the $0.3 level as a level of support. This flip was significant, and the defense of that level was followed by a breakout to the upside. Tron showed it could witness a minor pullback over the next few hours, while Ethereum Classic soared past $7.5 and set $10 in its sights. XRP Source: XRP/USD on TradingView The $0.17 to $0.3 is a range XRP has traded in for the most part since July 2019. Hence the $0.3 level is extremely… Source link

Are you familiar with “middle-child syndrome”? Then you’ll know how ethereum (CCC:ETH) has felt all these years. Since January 2020, ETH has trounced bitcoin (CCC:BTC) with a nearly 750% return. Yet, the world’s #2 cryptocurrency received less attention than its big brother BTC or problem-child XRP (CCC:XRP). A stack of ether or ethereum coins on a gold background. Source: Shutterstock But don’t be fooled. Ethereum looks set to break out in 2021. As its technological advantages gain… Source link

Blockchain technology has revolutionized global markets. It has disrupted various sectors like banking, fintech, agriculture, and healthcare. It works on the principles of cryptocurrency, which has made transactions simple and secure. Cryptocurrency in layman’s terms is nothing but digital currency. There were more than 2,000 cryptocurrencies in January 2020 [1]. Ethereum is the second largest cryptocurrency and it functions on a decentralized software platform through which smart… Source link

With the launch of every new blockchain comes a new block explorer website to understand.  Block explorer sites offer real-time updates on network activity. Normally, they feature information on blocks, transactions and fees. On Ethereum 2.0, the block explorers depict a very different array of metrics involving epochs, slots and attestations.  But even for those familiar with the usual Ethereum explorers such as Etherscan, Etherchain and Blockchair, the new sites for tracking Eth 2.0… Source link

Several prominent analysts say Ether (ETH) is on the cusp of a major bull run despite already gaining nearly 65% in 2021. Ethereum has seen explosive growth in decentralized finance and other areas, causing user activity on the blockchain to surge. Ether performance in 2021. Source: Digital Assets Data Raoul Pal, CEO of Real Vision Group, pinpointed the technical structure of ETH’s price. He emphasized that the structure is strikingly similar to Bitcoin (BTC) in 2016, which means a prolonged… Source link

The value of the combined bitcoin and cryptocurrency market has surged to over $1 trillion as prices rise across the board. The bitcoin price has climbed to almost $38,000 per bitcoin, with the total value of the world’s biggest cryptocurrency now nearing $700 billion—and pushing bitcoin up the charts of largest global assets. The surge over $1 trillion comes as smaller cryptocurrencies, including ethereum, Ripple’s XRP, cardano and stellar, all make significant gains. MORE FROM FORBES