Ethereum Made a Decision the Bulls Won’t Like

A month and a half ago, Ethereum was hovering in the vicinity of $340 a coin. The bulls seemed unstoppable after lifting the price by over 320% in six months. Unfortunately, an invisible threat was brewing under the surface. Instead of simply extrapolating the recent uptrend into the future, we thought it appropriate to take…

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Ethereum Price to Face an Important Decision Soon

Bitcoin has been unstoppable in 2019 and the old “to the moon” chatter is getting louder and louder once again. Ethereum – the second biggest cryptocurrency – has been delivering generous returns since the start of the year, as well. ETHUSD, currently hovering around $343, is up 325% from its December 2018 low of $80.90.…

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ETHUSD’s Phenomenal Rally Cannot Last Forever

The market capitalization of Ethereum, the largest cryptocurrency after only Bitcoin, is currently in the vicinity of $46 billion with its price hovering around $470 per coin. Two months ago, though, things were not looking that good for the bulls. On September 14th, ETHUSD was closer to $270, wandering in no man’s land between the…

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Ethereum’s Elliott Wave Pattern Points North

On September 1st the price of Ethereum climbed to $395, making the impression the second largest cryptocurrency was going to reach a new all-time high very soon. Unfortunately for the bulls, ETHUSD reversed to the south for a 35% plunge to as low as $256 as of yesterday, September 13th. Crypto investors are starting to…

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ETHUSD’s Huge Surge Comes With Huge Risks

The price of Ethereum – the second biggest cryptocurrency by market capitalization – is currently hovering around $340 a coin, down from as high as $412 earlier this week. Despite the pullback, ETHUSD is still up by over 4100% since the start of 2017, which makes it the most likely candidate to take Bitcoin’s crown.…

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Ethereum Ready for a Pullback?

Less than two years since its launch on July 30, 2015, ethereum has already become the second largest cryptocurrency in the world, with a market capitalization of roughly $4.5 billion, trailing only to bitcoin’s $20 billion. We are definitely not the people to ask how exactly the blockchain technology works, but ethereum’s decentralized nature means its price…

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