Ethereum Price Analysis: ETH Losing Bullish Momentum, Downsides Limited

ETH price struggled to stay above the $121 and $119 support levels against the US Dollar. This week’s followed major bullish trend line was breached with support at $121 on the hourly chart of ETH/USD (data feed via Kraken). There is a new connecting bearish trend line in place with resistance at $121 on the same chart. The price could revisit $121-122 resistance zone, where sellers are likely to reemerge. Ethereum price is pointing a few bearish signs against the US Dollar and bitcoin. ETH/USD is now at a risk…

Ethereum Price Analysis: ETH Could Extend Consolidation Above $114

ETH price remained in a range and consolidated above the $114 and $116 supports against the US Dollar. There was a break below a short term contracting triangle with support at $119 on the hourly chart of ETH/USD (data feed via Kraken). The pair might continue to consolidate and it could even test the $114 support area in the near term. Ethereum price is showing signs of extended consolidation against the US Dollar and bitcoin. ETH/USD could decline towards the $114 support before the next upward move. Ethereum Price Analysis…

Buy Ethereum on Opera | Browser Wallet Accepts ETH Purchases

Web browser Opera announced earlier today that Android users can now buy Ethereum (ETH) directly from its browser wallet. For reference, ETH is currently selling for $104.75 USD per coin according to CoinMarketCap. Buying Ethereum on Opera To make Ethereum transactions possible in this manner, Opera has partnered with regulated crypto brokerage Safello to provide the cash-to-crypto exchange. Further, the browser is making life even easier by enabling payments with credit and debit cards. It has also implemented other payment networks such as Sweden’s Swish. According to the web browsing…

Ethereum Price Weekly Analysis: ETH Facing Uphill Task Near $128

ETH price faced a strong resistance near the $127 and $128 levels recently against the US Dollar. There is a major bearish trend line formed with resistance at $125 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair must break the $125, $127 and $128 resistance levels to move into a positive zone. Ethereum price is struggling to clear many hurdles versus the US Dollar and Bitcoin. ETH/USD may climb higher sharply once there is a close above $128 and $130. Ethereum Price Analysis This past week,…

Tron Price Analysis: TRX Surge, can it Flip Ethereum to Second?

Tron price is up 39.5 percent from last Tuesday Platform is attracting gamers thanks to Tron Arcade Transaction volumes are fair and trading within a bullish breakout pattern. No doubt, Tron (TRX) is one of the best performers in the last week. It is up 39.5 percent at the time of press and trading within a bullish breakout pattern after clearing 2.5 cents. At this rate, TRX may end up testing 4 cents by the end of January. Tron Price Analysis Overview There are no permanent positions in the top…

Bitcoin Up 7% and Ethereum Surges 19%, Good 2019 Start For Crypto

Over the last 48 hours, the Bitcoin price increased from $3,629 to $3,890, by more than seven percent. The Ethereum price has also surged by 19 percent since January 2 from $143 to $160, recording a substantial increase in value prior to its highly anticipated Constantinople hard fork. Not a Bad Year For Bitcoin Bitcoin ended 2018 with an 80 percent drop in its price from its all-time high at $19,500. However, Jameson Lopp, the chief technical officer at Casa and a former BitGo executive, has said based on several metrics,…

Ethereum Price Analysis: ETH Could Revisit $150-155

Key Highlights ETH price formed a support base near the $128 level and bounced back against the US Dollar. There was a break above a major bearish trend line with resistance at $134 on the hourly chart of ETH/USD (data feed via Kraken). The pair is placed in a positive zone and it may continue to move higher towards $150 or $155. Ethereum price is back gaining pace against the US Dollar and bitcoin. ETH/USD could accelerate and test the next resistance near the $150 level. Ethereum Price Analysis Recently,…

Bitcoin Up 7% in Minutes, Ethereum Rises 13% From Day’s Low

Within nine minutes, the Bitcoin price surged from $3,625 to $3,900, by 7.5 percent. Other crypto assets like Ethereum (ETH) followed, recording a 13 percent upswing from the day’s low. Although Bitcoin and the rest of the crypto market only recovered to Thursday levels, the unforeseen turnaround of the short-term trend of crypto assets led traders to regain confidence in the market. In the grand scheme of things, the increase in the Bitcoin price from mid-$3,000 to $4,000 will realistically have little to no impact on the short-term trend of…

Ethereum Price Analysis: ETH Turned Sell On Rallies

Key Highlights ETH price failed to stay above the $121 support and declined further against the US Dollar. Yesterday’s key bearish trend line is intact with resistance at $128 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct higher in the short term, but it is likely to face sellers near $128 and $130. Ethereum price extended losses further against the US Dollar and bitcoin. ETH/USD is now at a risk of more declines below the $110 level in the near term. Ethereum Price Analysis…

Ethereum Price Analysis: ETH Consolidating Before Fresh Upside

Key Highlights ETH price tested the $120-121 support area and started consolidating against the US Dollar. There was a break above a short term bearish trend line with resistance at $130 on the hourly chart of ETH/USD (data feed via Kraken). The pair may trade in a range for some time before a fresh upside towards the $140 level. Ethereum price is holding important supports against the US Dollar and bitcoin. ETH/USD could resume its upward move towards $140 or $142 in the near term. Ethereum Price Analysis Yesterday, we…