All eyes may be on Bitcoin (BTC), but it may be time to pay Ethereum (ETH) some heed. As the largest cryptocurrency has stagnated over the past number of weeks, ETH has somehow held strong, resulting in the ETH/BTC pair actually rallying higher for once. Related Reading: Ethereum Nears Massive Resistance Region as On-Chain Volume Surges Some analysts say that this trend could continue well into the future, citing positive technical trends and fundamental developments in…

Ethereum’s price action has been closely tracking that of Bitcoin over the past several days and weeks, which has allowed ETH to climb slightly today as it begins consolidating within the mid-$180 region. One prominent analyst is now noting that he anticipates ETH to see an upside break in the near-term, which could lead it surging up to its strongest near-term resistance level that currently exists at $200. Ethereum Enters Consolidation Phase in Mid-$180 Region  At…

Ripple price is holding an important support area near the $0.2880 level against the US dollar. The price is facing a lot of hurdles on the upside near the $0.2940 and $0.2950 levels. There is a major bearish trend line forming with resistance near $0.2945 on the hourly chart of the XRP/USD pair (data source from Kraken). Ethereum is facing hurdles and struggling to climb above $182 and $185. Ripple price is currently under pressure below…

Recent developments in the People’s Republic have not just excited Bitcoin holders. A bullish wave of momentum has flooded back into the blockchain and crypto scene as venture capitalists return to take a second look at what’s hot in the fledgling industry. Chinese Crypto Projects Get a Boost The 2018 bear market was pretty brutal and as much as 90% of China’s venture capital fled the scene. This year has seen a solid recovery in the…

Ethereum price is facing a lot of hurdles on the upside near $185 and $186 against the US Dollar. Bitcoin is somehow holding the key $9,000 and $8,960 support levels. There is a key bearish trend line forming with resistance near $182 on the hourly chart of ETH/USD (data feed via Kraken). The pair is mostly trading in a range above the $178 support and below the $186 resistance. Ethereum price is facing an uphill task…

Late last month, Bitcoin (BTC) suddenly exploded higher. In under 24 hours, the leading cryptocurrency shot from $7,300 to $10,600 in a now-historic pump that caught countless traders slacking. This move was decisively bullish, as it was, after all, the fourth-largest daily move in Bitcoin’s history, and the largest daily move in over seven years. For some reason or another, however, a number of analysts have maintained a bearish attitude after this move. One trader, for instance,…

While Bitcoin’s price seemingly moves without rhyme or reason — collapsing by dozens of percent and embarking on face-melting rallies on a whim — the cryptocurrency market is filled to the brim with fractals. A brief aside: A fractal, in the context of technical analysis and financial markets anyway, is when an asset’s price action is seen during a different time. This form of analysis isn’t that popular, but it has proven to be somewhat valuable…

Ethereum (ETH) hasn’t done too hot over recent months. Ever since Bitcoin (BTC) started rallying earlier this year, altcoins across the board have suffered, falling against the market leader. However, ETH is purportedly in the thick of a buy zone. Simultaneously, a number of analysts have claimed that the second-largest cryptocurrency is ready to head higher in the coming weeks and months. This confluence may present a solid buying opportunity. Related Reading: Institutions Accrue Bitcoin Long Positions…

Bitcoin (BTC) has been on a wild ride over the past several weeks, which first began when it incurred a meteoric rally that sent its price surging from lows of $7,300 to highs of $10,600 – a move that marked one of the largest single-day movements ever experienced by the cryptocurrency. This movement instantly shifted the overall market sentiment and led many analysts that were previously setting relatively low targets to flip long, and one industry…

Ethereum’s price has been slowly grinding lower over the past 24-hours which comes about as the asset sees an even further decline in its on-chain volume, and ETH is now at risk of breaking below a key short term support level, which could mean that a period of capitulation is imminent. In spite of this, one prominent analyst is noting that he believes that any potential price dip for both Ethereum and Bitcoin in the near-term…