Ethereum Price Analysis: Can ETH/USD Continue Higher?

Key Highlights ETH price gained traction and moved above the $690 and $700 resistance levels against the US Dollar. There is a key connecting bullish trend line formed with support at $704 on the hourly chart of ETH/USD (data feed via Kraken). The pair has to stay above the $704 support and the 100 hourly simple moving average to move higher. Ethereum price is back in a positive zone against the US Dollar and Bitcoin. ETH/USD has to remain above the 100 hourly SMA to extend gains above $715. Ethereum…

Ethereum Price Weekly Analysis: ETH/USD Sellers in Check

Key Highlights ETH price is slowly on the rise above the $675 support zone with positive signs against the US Dollar. There is a monster contracting triangle forming with current resistance near $712 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair has to break the triangle resistance and settle above $712 for an upside acceleration. Ethereum price is slowly moving higher versus the US Dollar and Bitcoin. ETH/USD must clear a huge sell wall near the $712-714 zone for more gains in the near term. Ethereum…

Steve Wozniak Compares Ethereum to Apple at Vienna Conference

At the WeAreDevelopers tech conference in Vienna, Steve “Woz” Wozniak compared Ethereum’s platform with Apple and said it could become just as influential, Forbes reported May 18. While delivering his speech at the conference, Wozniak was enthusiastic about Ethereum (ETH), describing it as a platform similar to Apple’s. He said that in the long-term Ethereum can become just as influential as Apple is. He added: “Ethereum interests me because it can do things and because it’s a platform.” According to Forbes, Wozniak happened upon Bitcoin and Ethereum in its early…

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, IOTA, EOS: Price Analysis, May 18

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. Despite the expectations, Bitcoin prices failed to go higher after the NYC crypto conference Consensys. In fact, prices started to decline during the very conference. CRYPTO: #Consensus2018 rally did not happen, very disappointing. What we needed was a trifecta of progress: (i) institutional…

Ethereum Price Analysis: ETH/USD’s Support Turned Resistance

Key Highlights ETH price failed to recover further and declined below the $690 support against the US Dollar. There was a break below an ascending channel with support at $690 on the hourly chart of ETH/USD (data feed via Kraken). The pair traded as low as $656 and it is currently correcting losses towards $680. Ethereum price is under pressure against the US Dollar and Bitcoin. ETH/USD is now well below $700 and it remains at a risk of more losses. Ethereum Price Resistance Yesterday, there was a minor upside…

‘Big Short’ Investor Steve Eisman On Bitcoin And Crypto | CNBC

Steve Eisman, Neuberger Berman portfolio manager, speaks with CNBC’s “Squawk Box” about bitcoin and blockchain, and whether he’d short digital currencies. » Subscribe to CNBC: http://cnb.cx/SubscribeCNBC About CNBC: From ‘Wall Street’ to ‘Main Street’ to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: http://www.cnbc.com/ Find CNBC News on Facebook: http://cnb.cx/LikeCNBC Follow CNBC News on Twitter: http://cnb.cx/FollowCNBC Follow CNBC News on Google+: http://cnb.cx/PlusCNBC Follow CNBC News…

Ethereum 1st, Bitcoin 13th of 28

China’s Ministry of Industry and Information Technology has released its official cryptocurrency ratings. The “domestic experts” awarded Ethereum 1st and Bitcoin 13th out of 28 places May 17. As online cryptocurrency news account cnLedger reports quoting local media outlet China Electronics News (CEN), the Chinese government’s top five cryptocurrencies begin with Ethereum, followed by Steem, Lisk, NEO and Komodo. 1/ Public blockchain ratings by China’s ministry is out: #Ethereum ranks top of the 28 cryptos evaluatedSource (in Chinese): https://t.co/9jStIiFKcc — cnLedger (@cnLedger) May 17, 2018 The first tranche of ratings…

Ethereum Classic Price Analysis: ETC/USD Consolidating Above $17

Key Highlights Ethereum classic price is holding a major support area near $16.80 against the US dollar. There is a short-term ascending channel forming with support at $17.50 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair may climb higher in the near term as long as it stays above the $17.50 support area. Ethereum classic price remains supported on dips against the US Dollar and Bitcoin. ETC/USD is likely to continue higher if the $17.50 and $17.00 support levels are intact. Ethereum Classic Price…

Ethereum Price Analysis: Can ETH/USD Recover Further?

Key Highlights ETH price found support near the $677 level and started an upside correction against the US Dollar. There was a break above a contracting triangle pattern with resistance at $700 on the hourly chart of ETH/USD (data feed via Kraken). The pair is now moving higher and it may test the $725 and $730 resistance levels in the near term. Ethereum price started an upside move against the US Dollar and Bitcoin. ETH/USD is currently trading above $700 and it may correct further higher towards $725-730. Ethereum Price…

Bitcoin, Ethereum, Bitcoin Cash, Ripple, Stellar, Litecoin, Cardano, IOTA, EOS: Price Analysis, May 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. St. Louis Fed president James Bullard said that Bitcoin could emerge as a possible competitor to the US dollar in the future. He also did not rule out the prospects of the FED launching its own cryptocurrency, though he said that there was…