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Drawing Parallels

For many people in crypto, the way that regulators are approaching the industry is unique and can at times seem unnecessarily adversarial. For those...

Ethereum Price Registers Gains, Is This A Rebound?

Ethereum price has moved up on its chart over the last 24 hours. The altcoin witnessed a 4% growth in the same time frame. This has pushed the price of the altcoin closer to the immediate resistance. Once the Ethereum price moves above the closest resistance level, the bulls could definitely take control of the market. Technical indicators of the altcoin have pointed towards bullish signals. However, it is too soon to say if the bulls will remain on the chart over the next trading sessions. Bitcoin price also logged minor gains, which have turned certain altcoins green over the last 24 hours. In the last week, Ethereum price appreciated by 4%. This indicated that most of the gains made by the altcoin were registered over the last day. The crucial price mark for the altcoin remains at $1,400. If the bulls can maintain their momentum, the altcoin could break through the $1,400 barrier in the coming trading sessions. Buying strength has seen a considerable increase as ETH moved north over the last 24 hours. Ethereum Price Analysis: One-Day Chart ETH was trading at $1,380 at the time of writing. The coin has finally moved upwards after a phase of consolidation. The bulls could push past the $1,400 level over the next trading session if they hold the momentum. The bulls will gain further control if that level is crossed. The other resistance mark for the coin stands at $1,500. A move above the $1,500 level could propel the price of Ethereum to $1,680. On the other hand, a small drop in price will bring Ethereum to $1,340 and then to $1,268. The amount of Ethereum traded in the last session increased, signifying bullish price action. Technical Analysis The altcoin’s northbound movement brought buyers back into the market. The technical indicators had signalled that the bulls had re-surfaced along with the buyers. The Relative Strength Index zoomed above the half-line in an indication that buyers have outnumbered sellers in the market. Ethereum price was above the 20-SMA, which meant that demand for the altcoin had increased and that buyers were driving the price momentum in the market. Related Reading: Ethereum Price Bulls Keeps Pushing, Why Rally Is Round The Corner The other technical indicators were also in accordance with the buyers. Ethereum had depicted buy signal on the one-day chart. Moving Average Convergence Divergence indicates the price momentum and the overall price direction of the asset. The MACD continued to display green signal bars above the half-line, which meant that there were buy signal for the crypto. Bollinger Bands measure the price volatility and the chance of price fluctuation. The bands were super constricted and this reading is often associated with explosive price action. Related Reading: Ethereum Price Will Rally If This Happens; What Could That Possibly Be? Featured Image From UnSplash, Charts From TradingView

Sub-$20K Bitcoin price puts BTC miner profits under pressure as hash rate soars

Soaring hash rate, high electricity costs and BTC price hovering under $20,000 for months is complicating matters for Bitcoin miners.

What Is Coral Tribe?

Coral Tribe is steering towards the protection of the environment or the natural world as powered by crypto or blockchain technology. The Coral Tribe NFT art is coral-inspired, which resembles the fusion of a tribal genre with a futuristic style that is unique and unlike any other non-fungible token (NFT) collection. 50% of the proceeds […]

The post What Is Coral Tribe? appeared first on Asia Crypto Today.

Ethereum Price Bulls Keeps Pushing, Why Rally Is Round The Corner

ethereum-price-bulls-keeps-pushing,-why-rally-is-round-the-corner

Ethereum is consolidating gains above the $1,300 zone against the US Dollar. ETH could gain pace if there is a clear move above the $1,370 zone. Ethereum is showing positive signs above the $1,320 and $1,330 levels. The price is now trading above $1,320 and the 100 hourly simple moving average. There is a key…

The post Ethereum Price Bulls Keeps Pushing, Why Rally Is Round The Corner appeared first on Bitcoin News Miner.

Top 5 Crypto Scams to Avoid in 2023

<!-- --> The most important decision we make is whether we believe we live in a friendly or hostile universe. ― Albert...

How blockchain is changing the accounting industry

Over the years, new technology has transformed the accounting industry beyond recognition. In particular, the move from paper records to digital solutions like spreadsheets...

What if USDT Tether depegged? – Bits on Blocks

Having spoken with a number of industry participants, it’s clear to me that the large traders do not expect USDT to depeg.  They tend to believe...

Coin Bureau Conference 2022 Recap

<!-- --> There are some key monumental dates of epic historical significance in the crypto industry. These events will go down...

Yield Guild Games Southeast Asia (YGG SEA) Review- YGG’s First Regional SubDAO

<!-- --> At the Coin Bureau, we love great crypto projects and cannot get enough of them. As someone who eats,...

Cal’s DI Overwatch team puts down SFSU Gators in Bay Area tournament

Cal’s DI Overwatch team puts down SFSU Gators in Bay Area tournament

Cal’s D1 and D2 Overwatch team’s went up against Stanford and San Francisco State University, with D2 going 0-3 against Stanford and D1 at 3-0 against SFSU.
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The Daily Californian

Biggest Movers: QNT Climbs 10%, as ALGO and RUNE Rise Higher

QNT climbed over 10% during today’s session, as RUNE and ALGO both rose by as much as 15% on Friday. This comes as cryptocurrency markets were trading nearly 4% higher as of writing this, as markets began preparing for the weekend’s action. Thorchain (RUNE) Thorchain (RUNE) was one of the biggest gainers on Friday, and […]

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