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By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Friday, February 21st, emotional sales in the ETH have stopped. The digital currency is stabilizing around $260.75. On H4, the Ethereum demonstrates the development of a correctional phase shaped as a Triangle. The Triangle is forming around 61.8% Fibo in relation to the previous downtrend. Judging by … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex By Friday, November 29th, the ETH price had stabilized. The cryptocurrency is generally trading at $152.84. On H4, the ETH/USD pair is developing the general downtrend. We are witnessing a correctional phase. After a convergence, the signal lines of the MACD have formed a Gold Cross and are … Read more
By Dmitriy Gurkovskiy, Chief Analyst at RoboForex The ETH is rising for the second day in a row, trading around $208.62 on May 14, following the BTC and other cryptos. On D1, Buterin’s coin continues its uptrend, with the price having reached the current channel resistance. Once the latter gets broken out, the crypto will … Read more
It has been brewing for some time now, but there is finally some positive cryptocurrency market momentum to take note of. Such an uptrend might not last long this time around either, thus one has to enjoy it while it does. In the case of Ethereum, double-digit percentage gains can be noted already, indicating the … Read more
It has become apparent this Sunday will not necessarily signal the beginning of a major crypto market rebound. That is unfortunate, primarily because things were looking somewhat promising earlier today. The Ethereum price is getting a massive beating once again as its value has dropped below $120 again. In BTC value, the losses are smaller … Read more
The year 2019 has been off to a good start for the top cryptocurrencies. All major markets have recovered a lot of lost value in recent days. The Ethereum price now sits above $150 again after successfully reclaiming the #2 spot in the market cap rankings. Ethereum Price Trend Continues A very interesting trend has … Read more
When it comes to Ethereum, the future price momentum remains in question. After hitting an all-time high of over $1,200 in 2017, the value has plummeted to the double-digit range one year later. This usually doesn’t bode well for any asset or cryptocurrency in the long run, although Ethereum might be one of the more … Read more
