Ethereum (ETH) Price Sighting Significant Bullish Break Above $265

ETH price seems to be trading in a broad range below the $265 resistance against the US Dollar. The price recently recovered after testing the $230-231 support area. There is a major contracting triangle forming with resistance at $260 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains well supported on dips and it is likely to break the $265 and $270 resistances. Ethereum price is preparing for the next big move versus the US Dollar, similar to bitcoin. ETH could rally strongly once it clears…

Ethereum (ETH) Price Rebound Reaching Crucial Juncture: $250 Holds Key

ETH price decline recently and retested the key $231 support area declined against the US Dollar. The price started a decent rebound and recovered above the $240 and $242 levels. There is a major bearish trend line forming with resistance near $248 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $248 and $250 resistances to continue higher in the coming sessions. Ethereum price is currently recovering versus the US Dollar, but consolidating vs bitcoin. ETH must settle above the $250 barrier to continue…

Bosch is Trialing on Ethereum as ETH Drop 4.8% in a Retracement

Ethereum (ETH) down 4.8 percent and hanging Bosch, Samsung, and Amazon see potential in Ethereum Vitalik zeroed in on Augur and Kleros as two projects that would eliminate human verification, as Bosch said they are trialing projects in Ethereum. Prices are stable, down 4.8 percent. But bills still have control.  Ethereum Price Analysis Fundamentals On April 30th, Elon Musk tweeted, “Ethereum” and that was enough for Ether prices to move, jolting bulls and could have been the precursor to what we are currently witnessing. What we have seen is a…

Ethereum (ETH) Price Could Weaken In Short Term But Remains Supported

ETH price failed to move above the $265 resistance area and recently declined against the US Dollar. The price traded below the $258 and $252 support levels to start a short term bearish wave. This week’s important bullish trend line was breached with support at $256 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to test the $232 support area, where the bulls are likely to emerge. Ethereum price started a short term downward move versus the US Dollar and bitcoin. ETH might test…

Ethereum Foundation Determination is “Very” Bullish for ETH

Ethereum (ETH) up 15.8 percent $30 million set aside for Ethereum’s ecosystem development The Ethereum Foundation appears to be fast-tracking Ethereum 2.0 development after committing $30 million. Once Ethereum 2.0 activation, ETH bulls will benefit, and prices may soar back to their all-time highs. Ethereum Price Analysis Fundamentals Overly, Bitcoin price expansion in the last seven weeks or so was beneficial for altcoins, especially Ethereum (ETH). In May alone, the second most liquid asset rallied 55 percent after sinking to $75 in Dec 2018. However, with streams of supportive fundamentals…

Ethereum (ETH) Price Grinding Higher: Fresh Rise Above $265 Likely

ETH price is slowly moving higher and it is currently holding the $250 support against the US Dollar. The price is likely to gain pace above the $265 and $270 resistance levels in the near term. Yesterday’s highlighted ascending channel is intact with support near $252 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains in a decent uptrend and it seems like there could be more gains above $270. Ethereum price is trading with a positive bias above the $250 support versus the US Dollar,…

Coinbase’s Ethereum (ETH) Volume Spike a Hint, Up 28.1 Percent

Ethereum (ETH) up 28.1 percent Trading volumes surge ahead of Istanbul hard fork and Serenity Serenity is supportive of prices. So far, Ethereum (ETH) is up 28.1 percent. Even so, there is room for further upsides once there is a close above the psychological $300 mark. Ethereum Price Analysis Fundamentals Several factors are behind investors’ confidence in Ethereum (ETH). Apart from liquidity, fundamentals are overly bullish. Because of expectations and belief of how prices will pan out in days ahead, ETH is literally on a roll. Week to date, prices…

Ethereum (ETH) Price Following Rising Channel: Targets $270, $280

ETH price is trading nicely above the $245, $240 and $232 support levels against the US Dollar. The price recently tested the $265 level and corrected lower to test the $240 support. There is a new rising channel forming with support near $245 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains well supported on the downside near the $245 level and the 100 hourly simple moving average. Ethereum price is following bullish path above $245 versus the US Dollar, but struggling vs bitcoin. ETH is…

Ethereum (ETH) Price Correcting Gains: Key Buy Zones Nearby

ETH price rebounded nicely and traded above the $240 and $250 resistances against the US Dollar. The price tested the $265 level and it is currently correcting lower towards the $240 support. There is a key bullish trend line forming with support near $240 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to find a strong buying interest near $240 and the 100 hourly simple moving average. Ethereum price remains in a strong uptrend above $240 versus the US Dollar, but consolidating vs bitcoin.…

‘Tackling Real World Issues’: Hackers at ETH New York Build Apps Geared Towards Social Change

If building decentralized financial applications was the motto topic of Ethereal, the ethereum hackathon ETH New York was all about discussing the social impact of such applications. Speaking to a group of high school students at ETH New York, Mariano Conti – head of smart contracts at the MakerDAO Foundation – asked foundational questions surrounding decentralized financial applications like, “How do you protect your money?” and “What if banks decided you do not own your money?” “This whole movement is called decentralized finance,” said Conti. “We’re going to see a…