Altcoins News

Story: Cold Water on Possible Cryptocurrency Uptrends

By Steven Anderson

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Ethereum 2.0 developers are working to bring in the balance between decentralization, scalability, and security in an attempt to improve the efficiency, thereby benefiting the…

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The ETH prices have tested the vital resistance level in a top-down pattern.  The bullish trend is in control; however, the recent price decline has poured cold water on the…

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It is expected for the price of several cryptocurrencies to trends on the lower range in the forthcoming days.

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Recently, investors have been buying Ethereum for a high premium through ETHE.  This has also been the case with Bitcoin through GBTC.

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“Someone bought this last Friday at $580 betting that Ethereum would rise, and they were right. Underlying Ethereum rose from 27.33 to 30.34, an 11% gain.

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Ethereum crashed from $363.54 down to $274.86.  This is a bearish bloodbath in the global cryptocurrency market.  The dust is slowly settling down.

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Scams are being flushed out with fitting regulations.  Investors are willing to channel their money into winning projects.

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The White Paper of the Dukascopy Bank stated, "The main purpose of the introduction of [the stable coins] is to enhance the use in the blockchain of payment tokens issued by…

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If there should be a new increase in the price of BTC, it has to climb above $12,000.  Ethereum should settle higher than $325.

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Bitcoin rallied up by 30%, and it has of late trimmed a majority of its gains.  The price of Ethereum went up to as high as $364, and it went down below $300.

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After the downfall, Bitcoin has formed strong support at $10,400 and is moving forward. If it falls further down below $10,400 it is probably indicating a bearish zone.

The Currency Analytics

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