#Daily Price Analysis Ethereum will reach $53, trader explains Published 5 months ago on September 12, 2018 By Layla Harding Share Tweet Ethereum is Looking like a Mega Pump & Dump Scam $200 could have been a good support for ethereum, if it had stayed there, but it broke down. The next support level can be $150, but looking at ICO selloff of $30 million and keeping in mind that $600 million are still pending for selloff, we are very bearish on Ethereum and looking at the next level of $53. Vitalik Buterin says Ethereum Sucks Responding to the article from Techncrunch that said “The collapse of ETH is inevitable”, Vitalik agreed on his post on Reddit on aspects of this article. Vitalik even said that the days of Cryptocurrency markets (in short Ethereum) are now history. Buy ETH at $53 What we suggest is buy ETH at the range of $45 – $55, when it tests its $53 level. Cryptocurrency investments are subject to risks and you should do your own research before taking any decision. The above is only the views of the writer and is not in any way an investment advise. Related Topics:collapse of ETHethETH analysisETH fallETH fallingETH priceeth price analysisetherEther analysisether deadEther dumpether dyingether priceether price analysisEther pumpEthereumEthereum AnalysisEthereum dumpEthereum fallEthereum fallingEthereum falling priceethereum priceEthereum Price analysisEthereum pump and dumpThe collapse of ETH is inevitable Up Next Cardano Price Analysis: ADA/USD moving lower, 12 Sep. Don't Miss Ripple Price Analysis: XRP/USD in a downtrend, 12 Sep. Continue Reading You may like Bitcoin: Are we ready for the next crypto bull run? Ethereum Price Analysis: ETH going to correct downwards? Ethereum Price Analysis: ETH strong enough for $200? Ethereum Price Analysis: ETH ready to fall down? Ethereum Price Analysis: ETH ready for a bull run? Ethereum Price Analysis: ETH going to $130? 6 Comments 6 Comments Pingback: Ethereum will reach $53, trader explains - Satoshiuncle Pingback: Ethereum will reach $53, trader explains – The Coinage Times Pingback: Ethereum will reach $53, trader explains – Coins News Update Pingback: Ethereum will reach $53, trader explains – BTC Crypto News Pingback: Harsh reality of ETH, why decline in usage of Ethereum – Coinance: Bitcoin, Ethereum, Blockchain & Cryptocurrency News Pingback: Vitalik Buterin is quitting Ethereum: Get ready for an ETH crisis – The Coins News Leave a Reply Cancel reply Your email address will not be published.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 3 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 3 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 3 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 Advertisement Advertisement Latest Crypto News #Bitcoin16 hours ago Alert: The Last Chance to Buy Cheap Bitcoin: BTC to the Moon! #Polkadot18 hours ago Alert: Polkadot Blockchain: A threat to Ethereum? #Bitcoin20 hours ago Bitcoin: Are we ready for the next crypto bull run? #Ripple Price Analysis21 hours ago Ripple Price Analysis: XRP Ready for the Major Bull Run? #Ethereum Price Analysis21 hours ago Ethereum Price Analysis: ETH going to correct downwards? #Blockchain2 days ago Apple going to launch its own blockchain soon? #IOT2 days ago Internet of Things: A Guide for Beginners #Banking2 days ago Largest Banks Adopting Blockchain Technology #Ripple Price Analysis2 days ago Ripple Price Analysis: Is XRP actually bullish? #Ethereum Price Analysis2 days ago Ethereum Price Analysis: ETH strong enough for $200? #Banking3 days ago Alert: JP Morgan Coin: A threat to Bitcoin and XRP? #Bitcoin3 days ago 10 facts that prove that Craig Wright is not the real Satoshi Nakamoto #Banking4 days ago JP Morgan Stable coin: All you need to know about JPM coin. #STO5 days ago Security Token Offerings: 15 reasons why STOs will replace ICOs #Ripple Price Analysis5 days ago Ripple Price Analysis: XRP bears coming to action Trending #Bitcoin5 months ago Bitcoin BTC ETF 101, October 2018 #Bitcoin5 months ago Bitcoin ETF: Latest updates and all you need to know Adoption5 months ago SWIFT will use XRapid to process payments using XRP. Here is the proof #Blockchain7 months ago What is Aeternity Token and its future? Fully Explained. #Blockchain6 months ago What is Mithril coin? Trade MITH on Blockonix exchange. #Blockchain6 months ago What is DigixDAO coin? Trade DigixDAO on Blockonix Exchange. #Blockchain7 months ago What is Maker Token? Fully Explained. Is MKR overpriced? #Blockchain7 months ago Ethereum vs EOS: Which one is the Vanquisher?