06-12-2016
01:03 am
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Category: Opinion

Ethereum Price Technical Analysis

Ethereum Price Technical Analysis – ETH/USD New Low Likely No Comments

Key Highlights ETH price continued to face sellers against the US Dollar and Bitcoin, and likely to form a new low. There is a major bearish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which is acting as a resistance on the upside at $7.60. The pair may break the recent low of $7.16 for a test of the $7.00 handle in the short term. Ethereum price may co...


Bitcoin Price Weekly Analysis

Bitcoin Price Weekly Analysis – BTC/USD Remains Buy On Dips No Comments

Key Points Bitcoin price traded higher this past week against the US Dollar, and currently remains in an uptrend. There is a crucial bullish trend line formed on the 4-hours chart (data feed from SimpleFX) of BTC/USD, which can be considered as a buy zone on the downside at $760. The pair may decline a bit as a part of a correction in the short term before moving higher. Bitcoin pric...


Ethereum Price Weekly Analysis

Ethereum Price Weekly Analysis – ETH/USD Struggle to Continue No Comments

Key Highlights Ethereum price continued to decline against the US Dollar and Bitcoin, and may extend the downside. There is a monster bearish trend line formed on the 4-hours chart of ETH/USD (data feed via SimpleFX), which is acting as a hurdle for more losses. The pair may retest the $7.20 level if the ETH buyers fail to break the trend line resistance. Ethereum price traded toward...


Online SHopping Fraud

2016 Holiday Shopping Fraud Report Shows Bitcoin Remains Most Secure No Comments

During the 2016 holiday weekend, global online sales have seen a significant nudge upwards. At the same time, payment card fraud increased by a whopping 20%. Consumer’s financial details are always at risk when dealing with payment cards these days. Bitcoin is a far safer option, as there is no sensitive personal information leaked during the transaction process. The rise in payment fraud dur...


Ethereum Price Technical Analysis

Ethereum Price Technical Analysis – ETH/USD Losing Grip? No Comments

Key Highlights ETH price after a minor correction against the US Dollar and Bitcoin found sellers, and currently struggling to hold the momentum. There was a minor bullish trend line formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which was broken during the recent downside. The $8.00 support level holds a lot of importance if the buyers have to take the price higher. ...


Ethereum Price Technical Analysis

Ethereum Price Technical Analysis – ETH/USD Showing Positive Signs No Comments

Key Highlights ETH price after a long struggle finally managed to trade a few points higher against the US Dollar and Bitcoin. This week’s highlighted bearish trend lines on the hourly chart (data feed via SimpleFX) of ETH/USD were broken to clear the upside move. The price traded near $8.50 where it found sellers and currently correcting lower. Ethereum price managed to move highe...


Bitcoin Transaction Fees

Exploring New Ways to Use Bitcoin: What Can YOU Do? No Comments

Bitcoin has earned a reputation for being very volatile. One of the biggest concerns surrounding the digital currency is that it performs like stocks and bonds; traveling upward one day, only to stumble and fall moments later. Bitcoin has hovered in high price ranges before (the present price stands at about $740), but the fact is, we never know how long it’s going to last. But aside from be...


Ethereum Classic Price Technical Analysis

Ethereum Classic Price Technical Analysis – ETC/BTC Short-Term Correction No Comments

Key Highlights Ethereum classic price after creating another low against the Bitcoin at 0.00091BTC started correcting higher. There was a bearish trend line formed on the hourly chart (data feed via Simplefx) of ETC/BTC, which was broken to start a short-term correction. The price during the upside move stopped at 0.00100BTC, which acted as a resistance. Ethereum classic price declin...


Ethereum Price Technical Analysis

Ethereum Price Technical Analysis – ETH/USD Downsides Intact No Comments

Key Highlights ETH price extended its downside move against the US Dollar and Bitcoin, and traded further lower. Yesterday’s highlighted bearish trend lines on the hourly chart (data feed via SimpleFX) of ETH/USD are still in place, and may continue to act as a hurdle for the buyers. The price traded as low as $7.61 and currently recovering back above the $8.00 handle. Ethereum pri...


Ethereum Classic Price Technical Analysis

Ethereum Classic Price Technical Analysis – ETC/BTC Remains In Trouble No Comments

Key Highlights Ethereum classic price failed to recover yesterday against the Bitcoin and declined below 0.00100BTC. This is a contracting triangle pattern formed on the hourly chart (data feed via Simplefx) of ETC/BTC, which may provide us the next break. The price is at a major risk of additional downsides, and may even break the last low of 0.00092BTC. Ethereum classic price is al...


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