#Daily Price Analysis Ethereum Price Analysis – Clear Uptrend 8 July Published 11 months ago on July 7, 2018 By Coinnounce - Coin Announcements Share Tweet Ethereum Price Key Highlights Ethereum price traded higher starting late and broke the $470 resistance zone against the US Dollar. There is a key partner bullish example line surrounded with help at $465 on the 4-hour chart of ETH/USD. The match is presumably going to move over the $490 and $500 obstacle level to get upside to compel. Ethereum price is set in a bullish zone versus the US Dollar and Bitcoin. ETH/USD stays maintained on the disadvantage near the $470 and $462 levels. Ethereum Price Support This earlier week, there were a couple of swing moves towards $455 level in Ethereum price against the US Dollar. The ETH/USD coordinate attempted the $450-455 zone where buyers were compelling in shielding incidents. In the midst of the decline, there was a break underneath the 23.6% lie retracement level of the last wave from the $403 low to $488 high. What’s more, there was an adjacent underneath the $470 level and the 100 essential moving ordinary (4-hours). Regardless, the decline was obliged as buyers stood firm finished the $450 level. There is in like manner a key interfacing bullish example line confined with help at $465 on the 4-hour chart of ETH/USD. What’s more, the 38.2% lie retracement level of the last wave from the $403 low to $488 high went about as a respectable buy zone. In this manner, Ethereum price spiked higher over the $480 restriction and the 100 clear moving ordinary (4-hours). It even broke the $488 swing high and traded above $490. At the present time, Ethereum price is cementing grabs, yet it stays reinforced over the $480 level. Ethereum Price ETH to USD Week by week Chart July 8 The above chart shows that the price may reconsider a few concentrations, anyway as long as the $465 reinforce is set up, it could animate grabs. A break over the $495 and 505 restriction levels could genuinely revive grabs. 4-hours MACD – The MACD is set in the bullish zone. 4-hours RSI – The RSI is at show arranged over the 60 level. Genuine Help Level – $468 Genuine Restriction Level – $502 Related Topics:eth ethereum priceETH priceeth price analysiseth price todayEthereum Analysisethereum priceethereum price 4 julyEthereum Price analysisEthereum Price chartethereum price nowethereum price todayethereum technical analysisethereum tradeethereum tradingethereum usdOpinionpricetrading Up Next Bitcoin Cash Price (BCH/USD) Weekly Analysis Uptrend Don't Miss Bitcoin vs USD (crypto vs fiat) Continue Reading Advertisement You may like ETH to USD, 17th May: Ethereum Price Analysis, About to Crash? Alert: ETH to USD, 16th May: Ethereum Price Analysis ETH to USD, 15th May: Ethereum Price Analysis, Bulls vs Bears12 ETH to USD, 14th May: Ethereum Price Analysis, $250 Possible? ETH to USD, 13th May: Ethereum Price Analysis, Going Back to $160? ETH to USD, 12th May: Ethereum Price Analysis, $250 Possible? 1 Comment 1 Comment Pingback: Ethereum Price Analysis – Clear Uptrend 8 July – Btc News Magazine Leave a Reply Cancel reply Your e-mail address will not be published. Required fields are marked *Comment Name * Email * Website #Daily Price Analysis Cryptocurrency Market Cap drops sharply. Is Bitcoin Dead? Published 6 months ago on November 23, 2018 By Nadja Eriksson The cryptocurrency market crash of this year will be remembered throughout the lifetime by the whole community especially the current week. Bitcoin price fell up to $4000 which is the worst fall of the year. The market cap fall The cryptocurrency market capitalization has fallen approximately $700 Billion this year. Talking about the current week after prominent coins fell up to 70% in just a matter of days, analysts are predicting that bitcoin may fall to $3000 this month end if the most major support of $4000 is broken and may even fall up to $2500. Not only bitcoin, but all major altcoins including XRP, Ethereum, and Litecoin, are all experiencing a massive decline in pricing. The market capitalization of cryptocurrencies was around $830 in January this year and now it is only about $140. Share Market is riding on the same boat: The shares markets are experiencing an even worst scenario with over $1.3 Trillion lost in just this week. Major global shares have fallen down including industry giants such as Apple, Goldman Sachs, and General Electric. Bitcoin Hash Wars: Mining at huge losses Both sides of the bitcoin cash hard fork are mining at magnificent losses according to Bitmex, a cryptocurrency derivatives platform who revealed about the same in a tweet: Although the ABC SV split is entertaining, we estimate that SV miners are burning US$280,000 per day mining the SV chain. Assumptions: * S9 miners * Able to sell SV coins at the current spot price ($100) * 5 cent per kWhhttps://t.co/U9hbK4peip pic.twitter.com/ULjwWSI0GA — BitMEX Research (@BitMEXResearch) November 16, 2018 Both the teams – Bitcoin ABC led by Roger Ver and Bitcoin SV led by Craig Wright AKA ‘Faketoshi’ are said to be mining with huge losses amounting to approximately $278,000 and $439,221 per day respectively and which is likely being met by a large amount of BTC sellings. A third team which is being considered as ‘neutral’ known as Bitcoin Unlimited is being led by Andrew Clifford. The hash wars are being considered as a major reason for the start of the cryptocurrency market downfall. Continue Reading #Bitcoin Price Analysis Bitcoin Price Analysis: Will BTC Rise Again? Published 6 months ago on November 17, 2018 By Janet F. Sanchez Bitcoin price improved more than 8% yesterday after the successful bitcoin cash hard fork completion. Bitcoin price fell down from $6500 to a whopping low of $5190 before the BCH hard fork. The price started to experience improvements after the hard fork and went above the $5770 mark but the market could not sustain the bullish momentum for a long time and fell down up to $5555. BTC is currently trading at $5615 (at the time of writing). The bitcoin market volume has decreased and the bull run is expected not before the upcoming week. The support level of the BTC lies around $5598 and the resistance around $5622. Bitcoin price needs to break the resistance level in order to move above the desired $6000 mark. BTCUSD 5 day chart BTC is currently trading at the year’s lowest price range where the traders are worried about further losses. However financial analysts believe that bitcoin price is likely to rise a little at the end of 2018 up to the start of 2019. Traders also believe that 2019 end and 2020 will be the year of a major cryptocurrency bull momentum because of the predicted financial crisis of 2020. Investors and financial analyst believe that people will be forced to move towards assets such as gold and cryptocurrencies with the predicted downfall of the US dollar. BTCUSD 24 hour chart Looking at the 24-hour chart bitcoin price fell down from $5750 up to $5555. The price is currently trying to tackle the bear attack but is experiencing hurdles. Bitcoin price may likely improve up to $5700 today but the major improvement is predicted when the volume increases, most likely next week. Continue Reading #Bitcoin Cash Price Analysis Bitcoin Cash Price Analysis: BCH post fork downfall Published 6 months ago on November 15, 2018 By Janet F. Sanchez MACD – Set in the bullish zone. Relative Strength Index – Cose to the 40 level. Significant Support Level – $360 Significant Resistance Level – $405 Key Points Bitcoin cash price expanded misfortunes and exchanged beneath the $400 level against the US Dollar. There are two key bearish pattern lines set up with resistance at $420 and $450 on the hourly diagram of the BCH/USD pair (information feed from Kraken). The pair stays at a danger of more misfortunes underneath the $360 level in the close term. Bitcoin cash price exchanged beneath the key $400 support against the US Dollar. BCH/USD could amend higher, however, dealers are probably going to show up close $420 or $450. Bitcoin Cash Price Analysis Recently, we examined that bitcoin cash price could broaden misfortunes beneath $400 against the US Dollar. The BCH/USD pair remedied a couple of focuses as of late, yet it neglected to break the $450 resistance. Afterwards, there was a sharp drawback move and the price declined underneath the $420 and $400 supports. A new low was shaped at $360 and the price is currently exchanging admirably beneath the 100 hourly basic moving normal. Right now, the price is solidifying misfortunes around the $380 level. It appears as though the 23.6% Lie retracement dimension of the last slide from the $451 high to $360 low is going about as a resistance. In addition, there are two key bearish pattern lines set up with resistance at $420 and $450 on the hourly outline of the BCH/USD pair. The principal bearish pattern line concurs with the half Lie retracement dimension of the last slide from the $451 high to $360 low. Consequently, the $400-405 zone could forestall gains in the close term. BCH USD 1 day chart Taking a gander at the diagram, Bitcoin cash price could rectify a couple of focuses above $390. Notwithstanding, purchasers are probably going to battle close $400, $405, $420 lastly $450. On the drawback, the following focus for sellers could be $350. Continue Reading Advertisement Advertisement Latest Crypto News #Bitcoin Price Analysis18 hours ago BTC to USD, 19th May: Bitcoin Price Analysis, $6000 or $9000? #Ethereum Price Analysis3 days ago ETH to USD, 17th May: Ethereum Price Analysis, About to Crash? #Exchange3 days ago The Death of Cryptopia: How it all Happened? #IEO3 days ago SEC Might Crackdown Crypto Exchanges that carried out IEOs #Ethereum Price Analysis4 days ago Alert: ETH to USD, 16th May: Ethereum Price Analysis Bitcoin ETF4 days ago Bitcoin ETF Update: US SEC Delays Decision on Bitwise BTC ETF #Rumor4 days ago Ebay: No Plans of Accepting Bitcoin, Cryptocurrencies #Bitcoin Price Analysis5 days ago BTC to USD, 15th May: Bitcoin Price Analysis, $8500 or $7000? #Ripple Price Analysis5 days ago XRP to USD, 15th May: Ripple Price Analysis, Can it rise ahead? #Ethereum Price Analysis5 days ago ETH to USD, 15th May: Ethereum Price Analysis, Bulls vs Bears12 #Bitcoin5 days ago Alert: GotSatoshi Reveals the Real Identity of Satoshi Nakamoto? #Bitcoin5 days ago Kevin O’Leary from Shark Tank calls Bitcoin: Garbage and a Useless Currency #Bitcoin6 days ago Amazon Owned Whole Foods, Other Big Retailers Start Accepting Bitcoin #Technology6 days ago Microsoft Launching a Decentralized Identity Tool on Bitcoin #Bitcoin Price Analysis6 days ago BTC to USD, 14th May: Bitcoin Price Analysis, Actually Bullish?