Ethereum Classic Price Analysis: ETC/USD Could Tumble Below $9.00

Key Highlights Ethereum classic price is currently under pressure below the $9.25 support against the US dollar. There is a major bearish trend line in place with resistance at $9.25 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair remains at a risk of more losses below $9.00 if it fails to move above $9.25. Ethereum classic price is currently in a bearish zone against the US Dollar and Bitcoin. ETC/USD may perhaps continue to decline towards $8.80 or $8.60. Ethereum Classic Price Analysis In…

Ethereum Price Analysis: ETH/USD Bullish Above $214

Key Highlights ETH price found a strong support near the $206 level and recovered against the US Dollar. There was a break above a connecting bearish trend line with resistance at $209 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently moving higher towards the $212 and $214 resistance levels in the near term. Ethereum price is trading in a range against the US Dollar and bitcoin. ETH/USD must move above the $214 resistance to start a solid upward move. Ethereum Price Analysis There were…

Bitcoin, Ethereum, Ripple, Bitcoin Cash, EOS, Stellar, Litecoin, Cardano, Monero, TRON: Price Analysis, Nov. 9

  The views and opinions expressed here are solely those of the author and do not necessarily reflect the views of Cointelegraph. Every investment and trading move involves risk, you should conduct your own research when making a decision. Market data is provided by the HitBTC exchange. While many experts and investors view the current crypto bear market as a negative, economist Tyler Cowen, professor at George Mason University, believes that a crash is positive because it helps clean up the system. The dotcom bubble, though painful, wiped out the…

Ethereum Price Weekly Analysis: ETH/USD Could Bounce Back To $220

Key Highlights ETH price corrected lower sharply after trading above the $222 level against the US Dollar. There is a key bullish trend line in place with support at $208 on the 4-hours chart of ETH/USD (data feed via Kraken). The pair is likely to move higher as long as it is above the $208 and $206 support levels. Ethereum price is consolidating recent losses versus the US Dollar and Bitcoin. ETH/USD may perhaps climb higher above $220 if it stays above the $206 support. Ethereum Price Analysis This past…

Ethereum Token BAT Crashes Nearly 20% after Coinbase.com Listing

Twitter Facebook LinkedIn Ethereum token BAT rode the “Coinbase bounce” to a four-month high, but on Friday the cryptocurrency’s price fell back toward earth with a resounding thud. Ethereum Token BAT Leads Market Pullback The crypto market as a whole traded down heading into the weekend, with valuations collectively dropping by $6 billion over a 48-hour period. However, no large- or mid-cap cryptocurrency was hit as hard as Basic Attention Token (BAT), the native asset of Brave‘s digital advertising ecosystem. BAT, which runs on Ethereum as an ERC-20 token, fell…

Ethereum Price Analysis: ETH/USD Back To Significant Support At $206

Key Highlights ETH price failed to recover and it recently declined below the $214 support against the US Dollar. There is a key declining channel in place with resistance at $212 on the hourly chart of ETH/USD (data feed via Kraken). The pair is currently under pressure and it could decline towards the $206 support area. Ethereum price declined further against the US Dollar and bitcoin. ETH/USD is slowly declining towards a significant support area near $206. Ethereum Price Analysis During the past few sessions, there was a slow and…

Ethereum Classic Price Analysis: ETC/USD Approaching Significant Support

Key Highlights Ethereum classic price traded close to $10.00 before correcting lower against the US dollar. There is a major bullish trend line in place with support at $9.40 on the hourly chart of the ETC/USD pair (Data feed via Kraken). The pair is likely to find a strong buying interest near the $9.40 or $9.20 support level. Ethereum classic price started a downside correction against the US Dollar and Bitcoin. ETC/USD is approaching a few important supports above the $9.20 level. Ethereum Classic Price Analysis In the last analysis,…

BBVA Puts $150 Million Syndicated Loan on Ethereum Blockchain

Spanish banking giant BBVA has completed a pilot that put a syndicated loan for $150 million on the blockchain. According to a report from the Financial Times on Wednesday, the bank arranged the loan for Red Electrica, Spain’s national electrical grid operator. A syndicated loan is one, where a group of banks lends together to a single borrower. In this case, the BBVA’s co-lenders were Japan’s Mitsubishi UFJ Financial Group and France’s BNP Paribas. The data for the loan was time-stamped at each stage of the process. The loan agreement…

As Plasma Stalls, Snarks Become New Hope for Scaling Ethereum Now

Efforts to scale ethereum, the world’s second-largest blockchain, are growing more varied as one much-anticipated solution encounters pitfalls amid its continued development. At the forefront of this transition has been plasma, a concept widely heralded as ethereum’s best bet for short-term scaling. Already, researchers behind the tech have built five distinct versions of the protocol – but within these multiple iterations, there’s evidence that work isn’t proceeding as originally hoped, with little actionable code being put together well over a year since its inception. As plasma slows, however, attention is being…

Ethereum Price Analysis: ETH/USD Downsides Limited Below $212

Key Highlights ETH price formed a short term top at $223 and corrected lower against the US Dollar. There is a major bullish trend line in place with support at $216 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline towards the $212 or $213 support level before buyers emerge again. Ethereum price is slowly correcting lower against the US Dollar and bitcoin. ETH/USD is likely to find a strong buying interest near the $212 zone. Ethereum Price Analysis Yesterday, we saw a nice upward…