The Basics about Cryptocurrency
Ethereum after creating a minor new high of 0.00206BTC versus Bitcoin started trading lower. There is a bearish trend line formed on the hourly chart of ETC/BTC (data feed via Simplefx), which is acting as a downside move catalyst. The price is also below the 100 hourly simple moving average, which is a bearish sign. …
ETH price mostly traded in a range versus the US Dollar during the past few sessions. There is a contracting triangle pattern forming on the hourly chart (data feed via SimpleFX) of ETH/USD, which may provide us a break soon. As long as the price is above the 100 hourly simple moving average, the chances …
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Ethereum, the blockchain based smart contracts platform fuelled by Ether crypto tokens is now the second largest cryptocurrency platform. For a relatively new cryptocurrency compared to Bitcoin, Ether is increasingly being traded across numerous cryptocurrency exchange platforms. While cryptocurrency trading is a lucrative money making opportunity due to the volatile nature of digital assets, not …
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Bitcoin Price Key Highlights Bitcoin price continues to trend higher, moving above an ascending trend line connecting the latest lows on the 1-hour time frame. Price just broke past the resistance at $607 then rallied up to $616 before showing signs of a correction. Price could retreat until the broken resistance, which is close to …