Tag Archives: Above

Ethereum (ETH) Price Showing Positive Signs Above 100 SMA

This past week, we saw a major downside correction below the $170 support in Ethereum price against the US Dollar. The ETH/USD pair declined below the $165 support and tested the next key support at $160. Buyers appeared and protected further losses below $160. A support base was formed and recently the price recovered above the $165 resistance. There was a break above the 23.6% Fib retracement level of the last decline from the $185 high to $160 low. Continue reading Ethereum (ETH) Price Showing Positive Signs Above 100 SMA

Litecoin Hashrate climbs back above 200TH/s amid two months of growth

Despite current market conditions the Litecoin Network has just retaken another target by surpassing 200TH/s (terahash) hashrate as continued growth extends for a second consecutive month. As such, even though market value is down ~85% (sitting at $41) from its peak, the network security has only fallen by ~30% according to data provided by BitInfoCharts. Continue reading Litecoin Hashrate climbs back above 200TH/s amid two months of growth

Ethereum Price Struggles to Hold above $100 as Crypto Winter Grows More Frigid

Since our last crypto market round-up report on Friday, the climate has changed significantly for at least one major cryptocurrency: Ethereum. All eyes are on Ether as it pushes closer and closer to the $100 mark. Bitcoin, meanwhile, briefly crossed the threshold of $3,400. By most accounts, the Bitcoin price is working on a test of the $3,000 mark, which is both a psychological and market indicator. Continue reading Ethereum Price Struggles to Hold above $100 as Crypto Winter Grows More Frigid