Ethereum

Ethereum was trading above $1,600 on Monday, as markets prepared for the latest U.S. Federal Reserve policy meeting. The Fed is expected to hike rates by 75 basis points this week, as inflation remains at historical highs. Bitcoin also rebounded, hovering marginally below $21,000 in today’s session. Bitcoin Bitcoin (BTC) remained closer to $21,000 on Monday, as markets rebounded from yesterday’s sell-off. Following Sunday’s low of $20,461.72, BTC/USD surged to an intraday peak… Source link

Ethereum started a downside correction from $1,665 against the US Dollar. ETH could start a fresh increase if it stays above the $1,550 support. Ethereum is correcting gains from the $1,650 and $1,665 resistance levels. The price is now trading above $1,550 and the 100 hourly simple moving average. There is a key declining channel forming with resistance near $1,600 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if… Source link

Gamza Khanzadaev Ethereum (ETH) has to repeat this trick to continue price rally According to a recent report from the crypto analytics portal Santiment, an explosion of activity on the Ethereum network has once again predicted a rise in the ETH price. Referring back to data from the end of the first decade of October, when the Ethereum network recorded its largest increase in new addresses, 135,780, Santiment then anticipated a possible positive ETH price action, which indeed occurred… Source link

Ethereum price dominance over Bitcoin and the rest of the crypto industry continued throughout the month of October.  Analysts at crypto intelligence platform Santiment believe Ethereum’s dominance is coming to a close as ETH address activity declines.  Analysts remain bullish on Ethereum price, despite declining dominance, set a target of $10,000 for the altcoin. Ethereum flippening Bitcoin is a narrative in which ETH’s market capitalization exceeds that of… Source link

Ethereum price has rallied yet again in the last 24 hours. ETH has demonstrated an 8% jump over the past day. This has made the altcoin break past a few trading levels and now flipped them into support lines. The altcoin was quite bullish at the time of writing. In just one week, the coin gained more than 20%, turning the price action bullish. The technical outlook of Ethereum was also leaned towards the bulls as demand for the altcoin turned heavily positive at… Source link

The market does not seem to need any time for rest as the prices of all the top 10 coins are rising. ETH/USD Ethereum (ETH) is one of the most rising coins, its price has rocketed by 8.39%. Despite the rise, Ethereum (ETH) has formed a local resistance level at $1,640 after its false breakout. However, if the rate remains above $1,600, the growth might continue tomorrow as the volume is high. On the daily time frame, Ethereum (ETH) has broken the vital $1,600 mark. If bears cannot… Source link

This week in coins. Illustration by Mitchell Preffer for Decrypt. Crypto markets unthawed this week for the first time in six consecutive weeks. Bitcoin (BTC) rose 8% over the past seven days and trades for $20,718 at the time of writing, according to CoinGecko. Ethereum (ETH) had a stronger rally, up 24% over the week to $1,613 at the start of the weekend.  So-called “Ethereum killers,” layer-1 blockchains with high-functionality smart contracts, had a great week, including Cardano… Source link

Bitcoin was back in the green on Saturday, as bulls returned to cryptocurrency markets to start the weekend. The token moved closer to a peak of $21,000, rebounding from Friday’s sell-off in the process. Ethereum was also higher in today’s session, climbing by nearly 10%. Bitcoin Bitcoin (BTC) rebounded from Friday’s sell-off in today’s session, as the token moved closer to a breakout of $21,000. Following yesterday’s low of $20,132.50, BTC/USD surged to an intraday high of… Source link

The cryptocurrency market is incredibly volatile, which can be both good and bad for investors and traders. Volatility creates opportunities for making profits, but it can also lead to losses. Passive income strategies, however, could be handy in offsetting these losses.  Passive income strategies offer investors and traders opportunities to earn profits, even during challenging market conditions such as bear markets. For those investing in Ether (ETH), or any crypto in general, earning… Source link

Bitcoin (BTC) attempted to retake $21,000 on Oct. 29 as weekend trading began on a strong footing. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView Dollar lurks as BTC price rebounds Data from Cointelegraph Markets Pro and TradingView followed BTC/USD as it rebounded overnight to local highs of $21,078 on Bitstamp — enough to clinch new six-week highs. The pair had seen a consolidatory phase ensue after its first trip to the $21,000 mark, the first time it had traded above $21,000… Source link