Ethereum
In this section, you will find important Ethereum (ETH) news, actionable trading ideas, and a live ETHUSD chart to help you with your ETH trading and investments.
Ethereum (ETH) with a capitalization of 28 billion USD at the time of writing, is the world’s second largest cryptocurrency. The ETHUSD represents how many US dollars you can buy with one ETH. Ethereum is based on blockchain technology that enables developers to build and deploy decentralized applications (Dapp) in its platform. Bitcoin (BTC) and Ethereum (ETH) operate on what is called blockchain technology; the difference between ETH and BTC is the fact that Bitcoin is just a currency based on blockchain, while Ethereum is a ledger technology platform that developers are using to build new programs. In the Ethereum universe, instead of “mining” for bitcoin, miners work to earn Ether, a type of cryptocurrency that fuels the network.
Live ETHUSD Chart
At the time of writing, Ethereum’s price had just traded back lower after reaching a new August high of $240. The move to $240 was vital as it removed the July 15 and 20 highs of $238.05 that had been blocking price. The move higher suggests that we could see [...]
The daily price chart for Ethereum shows an interesting setup. Depending on how you look at the chart, the price action in the last one week has been consolidating, but is found within the confines of two trendlines that delineate a symmetrical triangle. If price action from much earlier is [...]
ETH - Ethereum has lost the strong momentum that started early April and consolidates around 205 zone. ETHUSD formed a swing low near $197 and recently recovered above the $205 and $210 levels. The second largest cryptocurrency by capitalization managed to recover from the low at 197 which looks like...
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The crypto-fiat pair of ETHUSD continues to challenge the ascending support line seen on the weekly chart, as this week’s selloff in the cryptocurrency market continues. ETHUSD is presently trading at $212.46 (as at the time of writing), having bounced off intraday lows at the ascending support line. Technical Plays [...]
ETH continues higher after a strong weekend that drove price 270 The bullish momentum that started the previous week is driving the cryptocurrency after ETH broke above the 254 mark on high volumes. The second largest cryptocurrency by capitalization managed to recover from the low at 225 on June 9th [...]
ETH has lost the strong momentum that started earlier April and consolidates around 250 zone. The second largest cryptocurrency by capitalization managed to recover from the low at 225 on June 9th and breached the 50 and 100 hour moving averages giving the bulls the upper hand at least for [...]
