Blockchain 

Ethereum (ETH) Posts Significant Gains on Value Buying

Ethereum has been leading the crypto rally over the past week after the slump in the first half of 2019. Over the past few years, Bitcoin has firmly established itself as the biggest cryptocurrency in the world by market cap, and it is the only coin that can actually move markets one way or another. Over the past few years, the second-biggest cryptocurrency in the world, Ethereum, was regarded as the only viable challenger to Bitcoin. Ethereum Leads Although Ethereum never overtook Bitcoin, as some believed it might, it is…

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Blockchain 

Ethereum (ETH) Slumps 50% From Highs in 2019: What to Do Now?

Over the past few years, Ethereum (ETH) has firmly established itself as the second biggest cryptocurrency in the world, and although many have predicted that it might one day topple Bitcoin, it has never come close to doing so. 2019 has not been a particularly great time for the token, and despite the fact that the wider crypto space has managed to generate impressive gains, ETH has lagged behind somewhat. Moreover, it has taken a bit of a pounding over the past two days, and its price has now gone…

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Blockchain 

Ethereum (ETH) Slumps to 3-Month Low on Renewed Pessimism

Ethereum may be the second-biggest cryptocurrency in the world by market capitalization, but it has been on a losing streak for quite some time, and there is a genuine fear that the token might eventually lose its preeminence in the crypto sphere. Sell-Off in the Broader Market The current slump in the crypto market seems to have hit Ethereum particularly hard, and as of Wednesday, the token plunged down to record lows. The price of the token dived to its lowest levels since the month of May, and it goes…

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Blockchain 

Ethereum (ETH) to Fall 20%? Altcoin Capitulation Expected in Two Weeks

In the past few days, the altcoin market has taken a beating with major cryptocurrency assets such as Ethereum (ETH) and Ripple (XRP) dropping to fresh lows. This has caused widespread panic in the industry, and many crypto investors are beginning to believe that a bottom for altcoins will be set. Ethereum to Fall 20% Further: Analyst Thoughts However, one cryptocurrency analyst sees Ethereum dropping even more by over 20% and that the real altcoin capitulation will begin in two weeks. Ethereum has lost significantly since the ICO boom that…

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Blockchain 

Is Ethereum (ETH) No Longer a Crypto Trader Favorite?

The cryptocurrency market has been in existence for long enough to now result in the reversal of a status quos that has been in place for years and something of that nature is now happening with Ethereum (ETH). Back in 2017, when the entire crypto market was making enormous gains, and Bitcoin was reaching new highs every day, Ethereum quickly emerged as the second-biggest cryptocurrency in the market. Etheruem vs. Bitcoin As a matter of fact, plenty of crypto experts had gone on to say that ETH could eventually upstage…

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Blockchain 

Technical Price Analysis | Ethereum (ETH) and Ripple (XRP)

Last week, Ethereum (ETH) showed some near-term recovery against the US dollar with the ETH/USD pair forming a support base above $200 before showing signs of upside correction. On the other hand, Ripple (XRP) did not perform well last week with prices falling by over 7%, but in Monday’s session, the coin has been rather stable. Ethereum Price Analysis For the better part of the week, ETH was trading above the $208 and $216 resistance levels. Additionally, the coin saw a break above the Fib retracement level of 23.1% for…

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Blockchain 

Ethereum (ETH) Falls 86% Relative to Bitcoin Since the 2017 Build-Up

In 2017, during the cryptocurrency bubble, a number of projects launched tokens for a wide range of payments. It was easy because what was needed to raise millions of dollars through an initial coin offering was just an idea. During the period, Ethereum and its native token Ether (ETH) reached a record high because of frenzy around trend words like “smart contract” and “ICO.” Hype on ETH Waned Because of Scams and Bad Ideas The flurry witnessed eventually waned and the price of ETH, which hit a record high against…

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Blockchain 

Ethereum (ETH) Surges As 20,000 ETH Order Triggers Buying Spree

Ethereum (ETH) has recovered after plunging below the $200 level on surging bearish pressure early in the week. A rebound past the $220 mark comes amidst reports of a buy order for 20,000 ETH on Binance exchange. Ethereum Whale Order Ethereum had initially slumped to the $190 level after a big trading group reportedly placed a sell order for 15,000 ETH. The sell order went on to rattle traders, triggering a massive sell-off in the broader cryptocurrency sector. Just like Ethereum, Bitcoin also attracted some selling pressure, consequently plunging below the…

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Blockchain 

Altcoins Recovering | Ethereum (ETH) & Ripple (XRP) Lead Crypto Higher

Cryptocurrencies are trying to bounce back after a steep pullback from one-year highs. Bitcoin (BTC) is trying to bounce back after coming under immense pressure after rallying to highs of $13,000. Altcoins Ethereum (ETH) and Ripple (XRP) are also showing signs of bottoming out. Cryptocurrency Analysis Despite rallying by 2.6%, Bitcoin finds itself below the $10,000 psychological level. Below the mark, the flagship crypto remains susceptible to further drops given the short-term bearish momentum. While there were expectations that Bitcoin would skyrocket during the American Independence day, that never happened.…

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Blockchain 

Ethereum (ETH) Shows Severe Selling Pressure Amid Bearish Sentiments

The cryptocurrency market is on a downward trend after Bitcoin failed to establish support at the $11,000 level, plunging instead to around 10% to the $10,000 region. Ethereum has equally felt the heat, plunging 32% in what was the largest percentage loss ever in a single day, and on Monday it was trading at $206.08. Ethereum Plunges as a Result of Selling Pressure As selling pressure continues to build, Ethereum continues to plunge, and it is expected to drop even lower in the near future. Ethereum has significantly dropped from…

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