Ethereum Price Analysis: ETH Buyers Not Out of Woods Yet

ETH price is currently struggling to settle above the $124-125 resistance area against the US Dollar. There is a new connecting bearish trend line formed with resistance at $127 on the hourly chart of ETH/USD (data feed via Kraken). The pair may continue to find a strong buying interest near the $120 and $118 support levels. Ethereum price struggled to break key resistances against the US Dollar and bitcoin. ETH/USD remains supported on dips, but a break above $127 is needed for more gains. Ethereum Price Analysis After an increase…

Ethereum Price Analysis: ETH Stays Bullish Despite Constantinople Fork Delay

ETH price trimmed most its recent gains and declined below the $121 support area against the US Dollar. There was a break below a connecting bullish trend line with support at $120 on the hourly chart of ETH/USD (data feed via Kraken). The pair still remains supported on the downside above the $113 and $114 levels. Ethereum price declined against the US Dollar and bitcoin after the Constantinople hard fork was postponed. However, ETH/USD could bounce back as long as it is above $113. Ethereum Price Analysis Yesterday, we saw…

Exchange Says 51% Attacker Returned $100K-Worth of Ethereum Classic

Cryptocurrency exchange Gate.io said Saturday that $100,000 in ethereum classic has been returned following a recent hack. In an announcement, the exchange further said it tried to contact the 51-percent attacker, but has not received any reply so far, adding: “We still don’t know the reason. If the attacker didn’t run it for profit, he might be a white hacker who wanted to remind people of the risks in blockchain consensus and hashing power security.” The exchange warned that the hashing power of ETC network is “still not strong enough”…

Ethereum Price Analysis: ETH Remains In Downtrend, Could Test $100

Key Highlights ETH price declined further and broke the $121 support area against the US Dollar. There are two bearish trend lines formed with resistance near $121 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct higher in the short term, but it remains a sell near the $120 and $121 levels. Ethereum price extended losses and declined below key supports against the US Dollar and bitcoin. ETH/USD may continue to move down and it could even test the $100 handle. Ethereum Price Analysis In…

Two Alleged Ethereum ‘Scam Forks’ Appropriating Users’ Private Keys, Report Finds

Altcoins Ethereum Nowa (ETN) and Ethereum Classic Vision (ETCV) are reportedly appropriating the private keys of users trying to redeem their allegedly forked coins. The suspected scam was covered in a report sent to Cointelegraph by the Guarda Wallet development team on Jan. 11. The official website of the Ethereum Nowa project — which doesn’t contain a white paper — describes the process that users are supposed to engage in to obtain ETN. According to the website, the user should first send ETH to an address, and then export the…

Ethereum Classic 51% Attackers Allegedly Returned $100,000 to Crypto Exchange

The Ethereum Classic 51 percent attacker has reportedly returned $100,000 to cryptocurrency exchange Gate.io, a post on the official exchange’s blog reports on Jan. 12. The company further noted that they tried contacting the attacker but didn’t get any reply until now, and that they do not know the reason why the funds have been returned. The exchange declared: “If the attacker didn’t run it for profit, he might be a white hacker who wanted to remind people the risks in blockchain consensus and hashing power security.” A white hat…

Google Reportedly Blacklists ‘Ethereum’ as a Google Ad Keyword, Startup Claims

Google (Alphabet Inc.) has reportedly blacklisted keywords mentioning Ethereum (ETH) on its advertising platform Google Ads, smart contract auditing startup Decenter tweeted on Jan. 10. The official Google Ads account replied to the tweet stating that cryptocurrency exchanges targeting the United States and Japan can be advertised on the platform, and that targeting other countries could be the reason for the ad rejection. When Decenter explained that they are a group of developers doing smart contract security audits and that they were seeing the error message when trying to use…

Ethereum Price Weekly Analysis: ETH Could Accelerate Losses Below $121

ETH price declined heavily this past week below the $146 and $130 supports against the US Dollar. There is a crucial bearish trend line formed with resistance at $138 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses if sellers push the price below $121 and $120 in the near term. Ethereum price is trading in a bearish zone versus the US Dollar and Bitcoin. ETH/USD could accelerate losses towards $112 or $108 if there is a break below $121.…

Bitcoin, Ripple, Ethereum, Bitcoin Cash, EOS, Stellar, Litecoin, Tron, Bitcoin SV, Cardano: Price Analysis, Jan. 11

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 price is forming a bottom, it is usually volatile as both the bulls and the bears are trying to gain the upper hand. In a bear market, any negative news is met with strong selling and that is what has happened…

Ethereum Price Analysis: ETH Nosedived, More Declines Likely

Key Highlights ETH price failed to stay above the $146 support and declined heavily against the US Dollar. There is a short term bearish trend line formed with resistance at $128 on the hourly chart of ETH/USD (data feed via Kraken). The pair may correct a few points towards $130, but it is likely to extend declines below $120. Ethereum price declined heavily during the past few hours against the US Dollar and bitcoin. ETH/USD could test $110 or $105 if it fails to recover above $128 and $136. Ethereum…