Ethereum Classic news-Page 15
Ethereum Price Analysis: May 30 - June 8
Ethereum price continues its long-term growth. What are the targets of the current uptrend? USDT\ETH Long-term growth continues After a powerful fall at the end of May, from a technical standpoint, it’s safe to say that the minimal correction targets for the entire long-term trend have been achieved. The decisive point for the price was at $170. That mark is where the future trend was determined. Demand growth Regardless of the fact that the price dropped by almost 50 percent, the demand keeps growing. Thus, the prevalence of demand near $170 allowed Ethereum price to maintain its long-term upward trend. …
Ethereum / June 8, 2017
Ethereum Price Analysis: May 23 - 29
Large-volume speculation has become the reason for Ethereum’s price fall of more than 50 percent. Is the price going to fall again? USDT/ETH Profitable situation for the bears The fact that more than 80 companies have joined the Enterprise Ethereum Alliance (EEA) is definitely good news for the Ethereum community. Many understand this and expect a consequent reaction in the price. But news cannot be a decisive factor in trends. That is exactly because the current situation is profitable for the people looking to take their profits. The large volume of buy deals at the peak of the trend is …
Ethereum / May 29, 2017
Ethereum Price Analysis: May 17 - 23
More than 80 companies have entered the Enterprise Ethereum Alliance (EEA) and Ethereum price has displayed a new wave of long-term growth. ETH\USDT Long-term upward trend is continuing Following a correction towards the $87 resistance, Ethereum price has stopped, due to the support from big bulls, and a new powerful long-term growth wave has followed. The support of a big buyer, or buyers, could be determined at short-term scales. At the five-minute graph, we can see how the level of sell deals and overall activity have been growing around the $87 area, but the price has formed a flat-like movement. …
Ethereum / May 24, 2017
Ethereum Classic Soars Along With ByteCoin, Pulled By Ethereum Price
Wonders shall never end in Cryptoland! On Sunday Cointelegraph predicted that it is going to be hot at the top 10 on CoinMarketCap this week. Truly less than 24 hours, on the early mornings on Monday, Ethereum Classic flew so much to make an upward adjustment of 31.46 percent. ETC conquers Dash In the process, ETC knocked down Dash to take over as the sixth most valuable cryptocurrency in the world. Nothing surprises anyone anymore in this ecosystem when it comes to the growth of altcoin. Just when everyone thought the battle between Dash and Ethereum Classic is over and …
Altcoin / May 22, 2017
Ethereum Price Analysis: May 10 - 16
Ethereum price is still traded inside the $75 to $95 flat. Its recent increase could have been caused by the news from the ConsenSys developers. ETH\USDT Interest growth among the bulls The powerful fall in the price from the top level of $95 has disrupted the structure of stable growth. That’s why further growth from the $75 limit has been mostly flat-like. However, the recent publishing of p2p-exchange called Swap by the developers of ConsenSys could have been the cause for the new increase in price. Buy volume dominating As we can see on the sideway diagram, the volume of …
Ethereum / May 16, 2017
Ethereum Price Analysis: May 2 - 10
Ethereum price has surged to the $100 mark, which was followed by big sell deals - a result of speculation after the ETF news. Does this mean the end of the long-term uptrend? ETH\USD Long-term uptrend disrupted It seems that we can reach an intermediary conclusion, given that the peak of the long-term trend has been defined. After the new surge from $80, the price reached the $100 mark. Thus, the price of Ethereum has grown 17 times over in five months. The volume of growth we have seen from $80 is significantly lower than what it was from $20 …
Ethereum / May 10, 2017
Ethereum Price Analysis: April 26 - May 2
Ethereum price has exited its medium-term flat and continued the long-term growth. Is this the result of the news on possible SEC’s approval of the ETF? ETH\USD As expected, after the price fortified and made an upward reversal at $50 to $52, Ethereum has formed long-term growth going up by more than 60 percent. Some think this growth has to do with the second review of the Winklevoss Bitcoin ETF by the US Securities and Exchange Commission (SEC). However, these are only guesses, because the actual results have not yet been revealed. Do the majority of the traders really have …
Ethereum / May 2, 2017
Ethereum Price Analysis: April 19 - 26
Ethereum price is currently trading at the peak of its uptrend. How will the launch of the TokenCard debit cards impact the market? ETH/USD Ethereum price keeps balancing at the top limit of its medium-term $40 to $50 flat. There was an attempt to form an upward reversal wave on April 18, but the correction never happened. The volume of sell deals was much higher than that of buy deals, which resulted in a fall to $48, the starting point of this wave. The price has again reached a turning point. Will it manage to form a reversal this time …
Ethereum / April 26, 2017