Ethereum corrected lower sharply from a new all-time high at $1,166 against the US Dollar. ETH price remained well bid near $900 and it is currently showing signs of a fresh increase. Ethereum rallied significantly and traded to a new all-time high at $1,160 before correcting lower. The price is now consolidating above $900 and…
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Bitcoin price declined sharply towards the $28,000 zone against the US Dollar. BTC is currently rising, but it might face a strong resistance near $33,200 and $33,500. Bitcoin almost 20% towards the $28,000 level before starting a fresh increase. The price is now back above $31,000 and trading nicely above the 100 hourly simple moving…
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Bitcoin price is still trading well above $30,000 after a nearly $5,000 retreat from highs set at the turn of the new year. But during the first decent-sized correction in the cryptocurrency since $20,000 was broken, one “parabolic” indicator could be suggesting that the daily uptrend has been lost. Here’s a closer look at the…
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In just 48 hours, Ethereum rocketed over 50% from $770 to roughly $1140 at last night’s overnight high. The massive Sunday candle was the lead up to a sell signal forming on daily timeframes. Was this latest push higher the last impulse in Ethereum’s bull trend? Or like Bitcoin, will this sell signal fail, and…
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Ethereum broke out over the weekend and looks primed to follow in Bitcoin’s footsteps by shattering its former all-time high and soaring far higher. But while Bitcoin prices climb, there has been minimal impact on the underlying network, nor has there been a sizable increase in fees that characterized the 2017 peak. Meanwhile, ETH gas…
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Bitcoin has seen some wild price action as of late that has put a short-term end to the cryptocurrency’s extended parabolic uptrend. Where the market trends in the mid-term will undoubtedly depend primarily on whether or not bulls can main control over the lower-$30,000 region, which is around where it has found some serious support…
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OWNR Wallet — a multifunctional, multi-crypto wallet solution has been working on constant upgrades and new features to create a comprehensive one-stop solution for crypto-related needs. The Estonia based company has moved beyond just offering non-custodial wallets for a handful of cryptocurrencies to create an entire ecosystem that includes a low-fee crypto-to-crypto exchange platform and…
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Ethereum spiked as high as $1.1k after a 30% advance on Sunday, a level not seen since February 2018. The market has since cooled off, back to just below the $1k level at the time of writing. But having breached psychological resistance of $1k, expectations of a continuation are heightened. Head of Business Development at…
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Ethereum dropped heavily during the thinly-traded early European session Monday, breaking below $1,000 from its three-month high of $1,168.99. The second-largest cryptocurrency briefly tumbled to $886 due to profit-taking among daytraders. Meanwhile, its downside correction caused long liquidations worth nearly $330 million across all the crypto derivatives exchanges. That may have prompted overleveraged traders to…
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Bitcoin derivatives traders who opened bullish positions as the cryptocurrency reached its record high, near $34,500, are now staring at massive losses. Data provided by ByBt.com shows that the BTC/USD market liquidated long contracts worth $1.17 billion as of 2130 EST Sunday. The stop-losses triggered as the Bitcoin price slumped back below $30,000 amid a…
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