Tag: price

3 reasons why Ethereum price is pinned below $2,000

[ad_1] Ether’s (ETH) market structure continues to be bearish despite the failed attempt to break the descending channel resistance at $2,000 on May 31. This three-week-long price formation could mean that an eventual retest of the $1,700 support is underway. Ether/USD 4-hour price at Bitstamp. Source: TradingView On the...
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Bitcoin’s Biden Spike Gone, Price Reverses Following 8% Gain

[ad_1] Bitcoin (BTC) has retraced significantly today, a day after recording an 8% gain in response to President Biden’s executive order. Bitcoin, like the rest of the crypto market, is under pressure, falling more than 5% and falling below $40,000 levels. Bitcoin is currently trading at $39,324 with a...
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Bitcoin Loses $40,000 Price Level for the First Time in 2 Weeks

[ad_1] Leading analysts called the $40,000 price level a ‘strong support’ level for Bitcoin. While the crypto asset remained above the mentioned level for most days in February 2022, the recent selling pressure from retail traders has pushed the price of BTC to its lowest level in approximately 2...
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Shiba Inu Enters The Metaverse, But Will This Help Its Price?

[ad_1] Meme coin Shiba Inu recently announced its move into the metaverse. The ‘Shibverse’ as it’s called will usher the cryptocurrency into a booming space, presumably to provide more utility for the digital asset. This news is no doubt well received by the community as it allows SHIB to...
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