The Ethereum blockchain’s native asset broke its downward sloping resistance trendline to the upside, triggering a textbook bullish outlook. 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…
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The price of Ether saw gains in its BTC pair on Monday as Bitcoin price dropped below $60,000. Bitcoin’s (BTC) price made another new all-time high above $60,000 over the weekend. However, the same cannot be said for Ether (ETH), and the market in general didn’t show much strength thereafter for a continuation. As a result,…
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The ETH/BTC pair is showing signs of bottoming, but further consolidation should not be ruled out. Bitcoin’s (BTC) price has been broken past a major resistance level of $52,000 in the past few days and is approaching the all-time high region. However, other cryptocurrencies are rallying heavily as well. In the recent months, the market…
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Ether price is attempting to conquer $2,000 as the Ethereum blockchain is seeing increasing demand. The price of Ether (ETH) is surging past $2,000 with strong momentum while gaining a bit of ground on Bitcoin (BTC) in the last 24 hours. There are three key reasons behind the explosive rally of Ether, namely the rapid…
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Data suggest retail traders are over-optimistically using leverage to long Ethereum, whereas pro traders remain skeptical about ETH’s short-term prospect of reaching $2,000. In the last 24-hours, Ether (ETH) rallied above $1,900 to a new all-time high and this breakout reflects a strong 45% gain for just February alone. Aside from Ether following Bitcoin’s (BTC)…
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The altcoin market crashed as Bitcoin achieved a new all-time high and made its way towards $50,000. Altcoins plunged steeply on Feb. 14 after the price of Bitcoin (BTC) achieved a new all-time high above $49,000. The timing of the altcoin market’s drop was noteworthy because it corrected as BTC was rallying, which typically does…
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It’s not just the Ether price itself setting records on Friday — users are having to pay more than ever to send transactions and some exchanges can’t cope. Largest altcoin Ether (ETH) built on its recent all-time highs on Feb. 5 to climb ever closer to $2,000. ETH/USD 1-hour candle chart (Bitstamp). Source: TradingView Ether…
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Ether has been outperforming Bitcoin in the last few weeks as Ethereum’s momentum strengthens. The price of Ether (ETH), the native cryptocurrency of the Ethereum blockchain network, has been soaring since the beginning of the new year. What’s more, it has outperformed Bitcoin (BTC) since Jan. 1, gaining roughly 81% compared to Bitcoin’s 26% in…
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Raoul Pal says higher risk altcoins are likely to follow Ethereum, which rose 60% in the first two weeks of 2021. As the cryptocurrency market is showing signs of bullish continuation on Jan. 15, Raoul Pal, the CEO of Real Vision Group and an avid Bitcoin (BTC) investor, is optimistic about the price of Ether (ETH).…
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Ether price has surged past $730 in a strong overnight rally, breaking out against Bitcoin. The price of Ether (ETH) has surged past $730 for the first time since May 2018. Following ETH’s breakout, traders are becoming more optimistic in its short-term trajectory. There are two major factors behind ETH’s strong rally: a strong technical…
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