Ethereum Rebounded From 20-Week Moving Average
Being supported by the 20-week moving average, ETHUSD rebounded strongly from 135, and broke above the bearish trend line from the June 12 high of 415 to the June 29 high of 315 at 196 on the...
Tag: Ethereum
Will the Ethereum Crash Continue?
After hitting a highest record at 415, ETHUSD broke below the bullish price channel on its daily chart and fell sharply to as low as 175.50. Will the Ethereum crash continue? Let’s look into its 4-hour chart,...
Next Elliott Wave Target for Ethereum ETHUSD
There has been a lot of headlines lately as the world’s new favorite cryptocurrency Ethereum (ETHUSD) soared +5,000% in value before the price dropped and it’s currently still up over 3,500%. Ethereum was only developed two years ago while bitcoin’s...
Can Ripple catch the rally of Bitcoin & Ethereum
Ripple is the third-largest cryptocurrency by market capitalization, after Bitcoin and Ethereum. It’s distributed financial technology allows banks to efficiently settle transactions in real time. An alternative to today’s global payment infrastructure, Ripple eliminates time delays and ensures...
Ethereum Elliott Wave view showing path for Bitcoin
Ethereum is an open-source blockchain-based distributed computing platform featuring smart contract functionality. It provides a decentralized Turing-complete virtual machine, the Ethereum Virtual Machine (EVM), which can execute scripts using an international network of public nodes. Ethereum also...