Ethereum On Bullish Momentum: 8.05% Up In The Last 6 Hours
Ethereum is currently on bullish momentum. At 13:04 EST on Sunday, 27 December, Ethereum is at $685.99 and up by 8.05% in the last 6 hours.
Over the last six hours, Ethereum’s higher value was $694.78 and the lower value was $634.87.
Over the last twelve hours, Ethereum’s higher value was $694.78 and the lower value was $634.87.
Concerning Ethereum’s daily highs and lows, it’s 8.416% up from its trailing 24-hour low of $632.74 and 1.265% down from its trailing 24-hour high of $694.78.
In relation to Ethereum’s yearly highs and lows, it’s 620.729% up from its 52-week low and 3.219% down from its 52-week high.
Ethereum’s last day and last week average volatility is a positive 1.51% and a positive 4.31%, respectively. Ethereum’s high and low amplitude percentage in the last week was 7.87%.
michael saylor, the CEO who turned a software company into a Bitcoin company. According to Bloomberg Quint on Thu Dec 24, “This past summer, the business intelligence software company MicroStrategy made waves when it put some of its extra cash into Bitcoin. “, “Then, as Bitcoin ran up, it bought more, and the stock has now soared thanks to the bet. “
Bitcoin rally has already outlasted 2017 run. According to The Wall Street Journal on Thu Dec 24, “Bitcoin bulls say the money fueling this year’s rally is coming from more reliable sources than past rallies. “
Bitcoin crushes doubters as 224% rally proves it’s here to stay. According to Bloomberg Quint on Thu Dec 24, “Talking Gold and Bitcoin with Anthony “Pomp” Pompliano”, “But to bet against Bitcoin recovering from the next crash is to bet against experience. “
Luxxfolio to acquire 590 Bitcoin miners. According to Business Insider on Thu Dec 24,
Bitcoin surges to fresh record high and looks set to break the $25,000 level: ‘merry bitmas’. According to Business Insider on Fri Dec 25, “However, Bitcoin investors – known for their unquenchable optimism – think this is just the start.”, “Known as the leading cryptocurrency, Bitcoin has been a surprise success during the pandemic, quickly becoming a competitor to gold in some portfolios.”
Bitcoin miners in nordic region get a boost from cheap power. According to Bloomberg Quint on Sun Dec 27, “Having coin flowing from the Nordic region helps reduce the political risk profile of Bitcoin.”, “”There is a very important strategic shift away from mining in China to mining in western countries like Sweden as Bitcoin investors become more public and want more stability and critical safety,” said Salter at Genesis. “
Bitcoin faces regulatory scrutiny after record-breaking rally. According to Bloomberg Quint on Sun Dec 27, “”What’s happening now — and it’s happening faster than anyone could ever imagine — is that Bitcoin is moving from a fringe esoteric asset to the mainstream,” said Matt Hougan, chief investment officer of Bitwise Asset Management. “, “But with Bitcoin capturing greater attention, it could also garner further scrutiny from regulators, says Guy Hirsch, managing director for the U.S. at online-trading platform eToro. “
Ethereum, IOTA, Dash Price Analysis: 26 December
While Ethereum did move to the upside of the $615-zone, there was no breakout yet for ETH as $637 posed dogged resistance. On the contrary, IOTA traded within a range that extended from $0.288 to $0.32, while Dash showed it could be poised for a minor dip in the coming hours.
Some important levels of interest for ETH were highlighted on the charts. The resistance level at $637, the support level at $583, and the zone in the vicinity of $610 were likely to be the levels to watch out for in the coming days.
After a dip to test the $583-support level, ETH rebounded quickly and rose past the $610 pocket of liquidity. The strong bullish momentum behind it could see the flip of $637 from resistance to support level and would set up ETH for another move upwards.
A rejection at such a resistance level would see the price find support around the $620-zone, while a close beneath the highlighted area could see a move towards $583 once more.
The OBV showed significant buying volume over the past few weeks. Periods of selling that saw the price pullback saw the OBV decline slightly (orange), but the trend was in favor of the buyers.
IOTA found solid support at the $0.288-level over the past month, while $0.32 was a level that was hotly contested over the same time period. The mid-point at $0.3 saw the price waver about it and a move beneath or above it signaled that the aforementioned levels were about to be tested.
At the time of writing, the price was heading to test the $0.288-support. The RSI oscillated about the neutral 50 line over a few hours, barring a spike in price to the upside that was subsequently sold.
Under this level of support, another level of support lay at $0.265 for IOTA.
DASH dropped to $87.5 48 hours ago, but it had since recovered by 21% and was trading at $105.7, at the time of writing. The volatility of the past few days notwithstanding, it was a bullish development for the price to reclaim the psychological $100-level once more.
The price had also risen past the EMA Ribbons to denote short-term bullish momentum behind the coin. And yet, the Awesome Oscillator could indicate a bearish twin peak set up in the coming hours and should be monitored closely.
The formation of a red bar on the AO would signal an imminent price dip for DASH.
Author: by admin
Ethereum Meta One Day Volume Reaches $2,168.00 (ETHM)
Ethereum Meta (CURRENCY:ETHM) traded down 84% against the dollar during the 1-day period ending at 20:00 PM E.T. on December 27th. During the last seven days, Ethereum Meta has traded down 5.1% against the dollar. One Ethereum Meta token can currently be bought for about $0.0000 or 0.00000000 BTC on popular exchanges including Token Store and STEX. Ethereum Meta has a market cap of $2.12 million and approximately $2,168.00 worth of Ethereum Meta was traded on exchanges in the last day.
Here is how other cryptocurrencies have performed during the last day:
Ethereum Meta Token Profile
Ethereum Meta was first traded on December 28th, 2017. Ethereum Meta’s total supply is 99,000,000,000 tokens and its circulating supply is 50,010,379,198 tokens. The official website for Ethereum Meta is ethermeta.com. Ethereum Meta’s official Twitter account is @EthereumMeta and its Facebook page is accessible here.
Buying and Selling Ethereum Meta
Ethereum Meta can be bought or sold on these cryptocurrency exchanges: Token Store and STEX. It is usually not possible to purchase alternative cryptocurrencies such as Ethereum Meta directly using U.S. dollars. Investors seeking to trade Ethereum Meta should first purchase Ethereum or Bitcoin using an exchange that deals in U.S. dollars such as Changelly, Gemini or GDAX. Investors can then use their newly-acquired Ethereum or Bitcoin to purchase Ethereum Meta using one of the aforementioned exchanges.
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Author: Xavier Holt
ETH Walls Crumble as $670 Falls
Ethereum has finally taken $670 for the first time since 2017 with the crypto overcoming its biggest resistance as bitcoin rose to more than $28,000 at one point.
Ethereum was lagging with its ratio down, but the currency turned today, rising to just above $680 at the time of writing.
The buy pressure knocked out any walls on its way, with the ratio recovering as well:
Whether this is now a reverse ratio as eth finally catches up, remains to be seen, but after trying for weeks to take $670, ethereum finally managed it today.
That could potentially suggest there’s little resistance to $900 and then of course the all time high itself of $1,420.
While bitcoin is up 40% its previous all time high of $20,000, with the currency now near resistance at $30,000.
Christmas maybe had something to do with it as all them pounds, dollars and euros go bitcoin and eth, but the bigger trend is institutional investors who come in with trillions.
BlackRock is the latest and the biggest of them all, with it seemingly looking for a crypto investment manager to open 2021.