Tag Archives: ETH

Ethereum (ETH) Price Smashes Resistance: Bulls Target $220 or Higher

This past week, Ethereum price struggled on many occasions to clear the $172 resistance against the US Dollar. However, the recent sharp rise in bitcoin price above the $7,000 level triggered an upside break. The ETH/USD pair broke the $172 and $178 resistance levels to move into a positive zone. The upward move was strong since the price even surged above the $190 level and settled well above the 100 simple moving average (4-hours). The bulls pushed the price above the $200 level and a new monthly high was formed near the $206 level. Continue reading Ethereum (ETH) Price Smashes Resistance: Bulls Target $220 or Higher

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

Ethereum (ETH) Network Sees Transactions with Exorbitant Mining Fees

Ethereum (ETH) has again shown transaction fees that far exceed the block rewards. Etherscan revealed several such instances, in one case the amount reaching 2,100 ETH. Other transactions saw fees of 420 ETH and 210 ETH. Continue reading Ethereum (ETH) Network Sees Transactions with Exorbitant Mining Fees

Popular Gifting Platform Swych starts accepting payments in Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and other Cryptocurrencies

Dallas based digital gifting platform, Swych announced that it would start supporting cryptocurrency payment from next week. Swych will enable its users to use five cryptocurrencies as the mode of payment, which includes Bitcoin [BTC], Bitcoin Cash [BCH], Litecoin [LTC], Ethereum [ETH], and Ethereum Classic [ETC]. Continue reading Popular Gifting Platform Swych starts accepting payments in Bitcoin (BTC), Litecoin (LTC), Ethereum (ETH) and other Cryptocurrencies