Ethereum (ETH)

Ethereum (ETH) Declines Turn Attractive; Bulls Eye $3,500

Ethereum (ETH) Declines Turn Attractive; Bulls Eye $3,500

ETH kick-started a massive surge beyond the resistance zone at $3,250. The alt traded beyond $3,250 and 100 hourly SMA. The coin's price chart indicates a massive bullish trend-line appearing with support around $3,300 (data from Kraken). Breaking past the resistance zone at $3,380 might see the pair extending its gains. Ether gained momentum past the $3,250 value area. The leading altcoin corrects its gains from $3.4K, but dips appear limited in the short term. ETH Price Gains Pace Ethereum price launched a massive upswing past the resistance level of $3,250. The leading alt overpowered the $3,300 hurdle and 100…
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Reserve Bank of India Declares Crypto as an Instrument of “Fraud” & “Consumers’ Nightmare”

Reserve Bank of India Declares Crypto as an Instrument of “Fraud” & “Consumers’ Nightmare”

Reserve Bank of India (RBI) had never lent out any sort of recognition nor any support to digital currencies ever, however, it has been continuously discouraging Indian to beware of them because they are instruments of “fraud” and “consumers’ nightmare”. It recently shared the same point of view when RBI said that engaging with cryptocurrencies may lead to consumers’ nightmares and expose them to risks of fraud and extreme volatility. The Financial Stability Report has recently been compiled and made public by the Reserve Bank of India (RBI). The report is comprehensive in nature as it expands over 150 pages…
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Ethereum (ETH) Momentum Fades towards the Weekend

Ethereum (ETH) Momentum Fades towards the Weekend

Ethereum maintains its price actions around the support zone at $4,535. That comes as the leading alt stabilizes following the recent correction. Ethereum remains stuck around the $4,535 support zone as BTC continues its movements to maintain at the support of $56,000. The world's largest crypto recently attempted to test the $56,000 support. Nevertheless, Bitcoin trades inside the range from the $56,000 support to the $57,700 resistance. However, the pat sessions had the crypto gradually moving towards the bottom end of this price range. If Bitcoin plunges under the $56,000 support, BTC may suffer intensified selling pressure. Meanwhile, other digital…
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