As the market continues to climb on its rally from December lows, several of the high cap coins have been noticeably quiet-including Ethereum.
Bitcoin's recent price surge saw its price increase nearly 50 percent in two days, giving Ethereum and other high-caps the boost they needed to start their climb upwards.
This article will evaluate three separate aspects of Ethereum price movement, including ETH/USD, ETH/BTC and ETH.D. In summary, the aim is aim to evaluate the next few periods of price action for Ethereum, which on the higher timeframes will provide about two to four weeks of what to expect, given the current market scenarios.
Several things come to mind when thinking about Ethereum and its future, although if there is one thing that crypto space seems appears to be incredibly quiet about, it is the enterprise, institutional, and corporate application of Ether.
This alone makes ETH an incredibly strong player for renewed momentum in the markets, and for that reason, technical analysis can prove insightful.
Oftentimes, crypto debates stem from the ideological differences between fundamental analysis and technical analysis.
All things considered, the analysis provided here is suggesting that ETH will regain the market dominance it previously had, which is also good news for other altcoins.
This, of course, makes sense on the Bitcoin dominance side of the equation, because Bitcoin almost doubled in value and went straight up in market dominance, which peaked at roughly 63 percent at that time.
Ethereum is far from is its all-time high in BTC but has a kick of life coming into play, as of today, as it touches a major support zone on the bottom of its low range.
In the long run, ETH should yield strong returns yet again.
Ethereum technical analysis against Bitcoin and USD suggest a strong uptrend may come next week
gepubliceerd op May 15, 2019
by Cryptoslate | gepubliceerd op Coinage
Cryptocurrency exchanges see massive increase in monthly trading volume, bull market solidifying
CryptoCompare, a leading provider of cryptocurrency data and indices, found that the top 15 exchanges all experienced an increase in monthly volume.
Worldwide crypto acceptance is within reach thanks to Coinbase Commerce's USDC stablecoin integration
Crypto as a method of payment has just gotten easier.
Zimbabwe Stock Exchange Eyes Blockchain-Based Products, Needs Regulatory Clarity
"Then there is the money side to blockchain technology. This is a bit difficult, in terms of regulation, we are not yet clear on this and we do not want to do something where regulation is not clear as an exchange. But the technology side is very good."
UK Watchdog Reports $34 Million Lost in Crypto and Forex Scams Last Year
The primary financial regulator of the United Kingdom, the Financial Conduct Authority, reports that crypto investors in the country lost over $34 million due to cryptocurrency and forex scams from 2018-2019 the Financial Times reports on May 20.According to the data, which the FCA gathered from the U.K. national fraud and cybercrime reporting center, Action Fraud, individual loss due to scams decreased from $76,000 to $18,500 while total losses fell by $14 million.