Ethereum (ETH) Price Smashes Support, More Downsides Possible

ETH price is under a lot of pressure and it recently broke the $202 support against the US Dollar. The price is likely to continue lower towards the $195 and $192 support levels in the near term. There are two major bearish trend lines forming with resistance near $208 and $210 on the hourly chart of ETH/USD (data feed via Kraken). The pair could correct higher, but upsides are likely to be capped near the $210 level. Ethereum price is extending its decline versus the US Dollar and bitcoin. ETH…

Ethereum (ETH) Price Could Retest $200 Before Fresh Increase

ETH price is currently correcting lower and it recently broke the $212 support against the US Dollar. The price is facing a lot of hurdles on the upside near the $212 and $215 levels. There is a key bearish trend line forming with resistance near $214 on the hourly chart of ETH/USD (data feed via Kraken). The pair could extend its decline towards the $200-$202 support area before starting a fresh increase. Ethereum price is currently declining below $212 versus the US Dollar, similar to bitcoin. ETH price is likely…

Ethereum Price Weekly Forecast: ETH Sighting Fresh Increase

ETH price surged higher above the $200 and $210 resistance levels against the US Dollar. The price is currently correcting lower after posting a new monthly high near $225. There was a break below a major bullish trend line with support near $216 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is currently declining, but it is likely to find strong bids near $202 and $200. Ethereum price is correcting gains from $225 against the US Dollar, while bitcoin is declining. ETH might revisit the $200…

Ethereum, Dogecoin Signal First Bullish Trend Reversal in 2 Years

When the Binance ban for users in the United States was first announced a few months ago, the market feared that significant volume and money would exit.  Interestingly enough, as the launch of Binance America nears, altcoins are suddenly starting to move upwards with decent volume. Sell the rumor, buy the news. Cryptocurrency market 7-day performance. Source: Coin360 It’s not only Ether (ETH) making significant gains upwards after bouncing from $170 either.  Other altcoins are also currently outperforming Bitcoin (BTC). Stellar Lumens (XLM) is up 42% from its recent bottom,…

Ethereum (ETH) Price Climbs Again, Bulls Likely Sighting $240

ETH price completed its downside correction near the $202 support area against the US Dollar. The price bounced back and climbed to a new monthly high above the $220 level. There is a new major bullish trend line forming with support near $210 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently correcting gains, but it remains supported near the $215 and $210 levels. Ethereum price is back in a positive zone versus the US Dollar and bitcoin. ETH price is showing positive signs and…

Ethereum Tests 25% Capacity Increase as Network Fees Hit Bitcoin Level

Ethereum network participants are attempting to raise the network’s block size as a direct response to network congestion. Gas limit on course to become 10 million per block As various parties including co-founder Vitalik Buterin confirmed this week, testing is currently underway to improve network performance and reduce transaction fees.  “Given the current #Ethereum network congestion we have started to test raising the block gas limit to 10M gas,” mining pool Bitfly tweeted on Sept. 14. The move follows considerable upticks in Ethereum network usage, largely due to stablecoin Tether…

Ethereum (ETH) Price Correcting Gains, Should U Buy Dips?

ETH price extended gains above the $215 resistance area against the US Dollar. The price is currently correcting lower and is trading below the $212 support area. There was a break below yesterday’s highlighted bullish trend line with support near $211 on the hourly chart of ETH/USD (data feed via Kraken). The pair is likely to correct further lower towards the $200 support area in the near term. Ethereum price is currently correcting gains versus the US Dollar and bitcoin. ETH price might soon test the $200 support area before…

Ethereum (ETH) & Ripple (XRP) Surge Sparks Fresh Rally In Altcoins

ETH price rallied further and broke the $200 and $210 resistance levels against the US Dollar. Bitcoin price is consolidating near the $10,200 and $10,250 pivot levels. There is a new connecting bullish trend line forming with support near $206 on the hourly chart of ETH/USD (data feed via Kraken). The pair is showing a lot of bullish signs and it might even surpass the $215 resistance level. Ethereum price is up close to 8% and ripple surged 18% versus the US Dollar, while bitcoin is consolidating. ETH price could…

Ethereum Price (ETH) Touches $200 While Bitcoin Is Declining

ETH price extended its gains above the $195 resistance level against the US Dollar. Bitcoin price is down more than 1.5% and it recently broke the $10,250 support area. Yesterday’s highlighted major bullish trend line is active with support near $193 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently consolidating gains and it might soon attempt to climb above the $200 resistance. Ethereum price is trading higher towards $200 and $205 versus the US Dollar, while bitcoin is declining. ETH price could continue to…

Harbor Tokenizes $100 Million in Real Estate Funds on Ethereum Blockchain

The startup Harbor announced a partnership with Seattle-based real estate investment firm iCap Equity to tokenize $100 million in real estate funds. On Sept. 16, Harbor announced in a blog post that iCap Equity is using Harbor’s blockchain-enabled platform to improve its liquidity in four of its real estate funds which manages over $100 million in assets. Harbor created the tokens on the Ethereum blockchain, which represent portions of the funds. The partnership between the two companies will allow iCap Equity’s investors and placement agents to buy and sell iCap…