Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 20

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. Have cryptocurrencies bottomed out? This is the first question to pop up in any crypto investor’s mind following the recent pullback from the lows. Arthur Hayes, a Bitcoin bull and co-founder of one of the largest crypto exchanges Bitmex is not convinced that…

Ethereum Price Analysis: ETH/USD Facing Uphill Task

Key Highlights ETH price declined further and broke the $482 and $475 support levels against the US Dollar. There is a major bearish trend line formed with resistance near $475 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to move above the $475 and $480 resistance levels to move into a bullish zone. Ethereum price is under pressure against the US Dollar and Bitcoin. ETH/USD must move above $475 and the 100 hourly SMA to initiate a recovery. Ethereum Price Resistance There were further losses…

Ethereum Classic Price Analysis: ETC/USD Remains in Uptrend

Key Highlights Ethereum classic price corrected lower after trading as high as $18.37 against the US dollar. There is a significant bullish trend line in place with support at $17.10 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is currently holding the trend line support at $17.10 and the 100 hourly simple moving average. Ethereum classic price is placed in a nice uptrend against the US Dollar and Bitcoin. ETC/USD is holding an important support above $17.00, which is a positive sign. Ethereum Classic…

Ethereum Price Analysis: Can ETH/USD Hold 100 SMA?

Key Highlights ETH price started a major downside correction below the $500 level against the US Dollar. This week’s highlighted key bullish trend line was breached with support at $485 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently trading near the $470 support and the 100 hourly simple moving average. Ethereum price trimmed most of its gains against the US Dollar and Bitcoin. ETH/USD must stay above the 100 hourly SMA to avoid a push to $455. Ethereum Price Support There was a decent…

French Startup Offers Idle Servers Part-Time Job to Power Ethereum DApps

While it is true that humankind put a man on the moon using the computing power equivalent to a modern programmable calculator, there are many great things that still don’t happen because the computational power is scarce and expensive. High-performance computing is still a closely guarded secret weapon of the rich and privileged. Large banks and traders use proprietary algorithms for automated trading, movie makers create impressive special effects, pharmaceutical companies research new drugs and enormous mining farms generate Bitcoin wealth from the thin air. The future seems already to…

Ethereum Price Analysis: ETH/USD Surging Above $500

Key Highlights ETH price surged higher and cleared a few important resistances near $500 against the US Dollar. Yesterday’s highlighted important bullish trend line is active with support at $480 on the hourly chart of ETH/USD (data feed via Kraken). The pair is placed nicely above the $500 level and it is likely to accelerate higher in the near term. Ethereum price is gaining momentum against the US Dollar and Bitcoin. ETH/USD is surging and it could soon break the $525 level for more upsides. Ethereum Price Trend Yesterday, there…

Ethereum Classic Price Analysis: ETC/USD Bullish Above $16.80

Key Highlights Ethereum classic price traded higher recently and moved above the $17.00 barrier against the US dollar. There is a crucial bullish trend line formed with support at $16.80 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is currently correcting lower, but it remains supported above the $16.80-17.00 levels. Ethereum classic price moved into a bullish zone against the US Dollar and Bitcoin. ETC/USD dips remain supported near the $16.80 and $17.00 levels. Ethereum Classic Price Trend This week, there was a nice…

Ethereum Price Analysis: ETH/USD Buyers in Control

Key Highlights ETH price climbed above a few important resistance such as $450 and $460 against the US Dollar. There is a new connecting bullish trend line forming with support at $464 on the hourly chart of ETH/USD (data feed via Kraken). The pair is following an ascending channel, but it could correct lower towards the $470 level. Ethereum price is back in an uptrend against the US Dollar and Bitcoin. ETH/USD may perhaps correct a few points, but it is likely to accelerate further higher. Ethereum Price Bullish Moves…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Litecoin, Cardano, Stellar, IOTA, TRON: Price Analysis, July 16

The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph.com. Every investment and trading move involves risk, you should conduct your own research when making a decision. The market data is provided by the HitBTC exchange. When a new asset class resists even after facing numerous hurdles, it forces the asset managers to pay attention and recognize it. We have seen JP Morgan, Goldman Sachs and a few others have already walked down that path. The latest to consider investing…

Ethereum Price Analysis: Can ETH/USD Break $455?

Key Highlights ETH price traded higher and tested an important resistance area near $455 against the US Dollar. There is a major bullish trend line formed with support at $438 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct lower, but it is likely to find support near $435-438 in the short term. Ethereum price is moving in a positive zone against the US Dollar and Bitcoin. ETH/USD remains in a bullish zone as long as it is above the $435 level. Ethereum Price Support…