Ethereum Is Quietly Closing In On Record Price Highs
Ethereum Is Quietly Closing In on Record Price Highs Ethereum's ether token could revisit record highs very soon, courtesy of last week's bullish price action, the price charts suggest. The cryptocurrency, which was notably given a higher rating than bitcoin and Ripple's XRP last week by Florida-based Weiss Ratings, is up 18 percent week-on-week, says data source OnChainFX . As of writing, ether (ETH) is changing hands at $1,211. Having bottomed out at $905 last Tuesday, the price of ETH rose to a 12-day high of $1,224 on Coinbase's GDAX exchange - a rebound that left a higher low (bullish set up) on the price chart. Furthermore, previous day's 12 percent rise (UTC) was backed by a 78 percent jump in trading volumes, shows CoinMarketCap . A high-volume rally indicates strong hands are at play. Notably, prices on South Korean exchanges are again being used in the calculation of global average by CoinMarketCap , having been removed in early January with no announcement and causing a drop in global prices. Thus, ETH might have received a slight boost, with prices in South Korea still carrying a premium of approximately $70 over those on western exchanges. However, the Korean price premium has dropped sharply from the heady heights seen at the turn of the year. So, the price rise appears to be more or less legitimate. Looking at the charts, ETH witnessed a bull reversal yesterday and could soon revisit record highs above $1,400. The above chart (prices as per Coinbase) shows: ETH bottomed out around $927.29 (38.2 percent Fibonacci retracement of July to January rally). The higher lows pattern, as indicated by the rising trendline, indicates the bulls are in a dominant position. On Sunday, ETH closed (as per UTC) well above $1,166 (61.8 percent Fibonacci retracement of 13 t Continue reading >>
Ethereum Price News: Will Cryptocurrency Ever Reach Wild Highs Of $100,000 Per Coin? | City & Business | Finance | Express.co.uk
Ripple price news: Why is ripple going down? Why is crypto falling? In that case, the market capitalisation would have the potential of reaching $100trillion (71trillion), leading us to believe the price of Ethereum might rise as high as $1,000,000 (716,870) per coin. However, the expert warned that price predictions should not be taken as gospel given the sporadic and often unpredictable nature of market prices. He went on: Given the sporadic and often unpredictable nature of cryptocurrency, many new traders turn to social media for answers. And its no wonder why: With the meteoric rise of cryptocurrency in the last two years, new investors are wondering if they can make massive returns and buy a castle in the San Francisco Bay Area. Compare crypto currencies (Ripple, Bitcoin, Ethereum, LiteCoin) on value, market cap and supply for the past year LiteCoin is going down with the market dip People tend to take price predictions as gospel and make poor decisions based on even the most tempered recommendations. A big topic of cryptocurrency speculation at present is the future of Ethereum (ETH). Will Ethereum ever reach $10,000 (7,168.70)? My answer is simple: I dont know, and Im not going to tell you that it will. But what I will tell you is how to figure this out for yourself by understanding market capitalisation. Mr Schuster explained that market capitalisation refers to the total value of a cryptocurrency and not just to the single price of one coin. He went on to describe that the current supply of Ethereum is estimated at 97million tokens. The expert declared: Market capitalisation goes a step beyond price to give more context to the total value of a cryptocurrency. Youve likely heard that Ethereum is worth many billions of dollars depending on the day. "The way to Continue reading >>
Top 3 Ethereum Project Price Predictions For 2018
You might also like Litecoin Price Predictions 2018 I wrote this headline in June 2017, not sure if I should keep it when I will update the article next time. The price of an Ether should outperform that of a Bitcoin for the coming duration. What this means is that a dollar invested in Ether will return a higher ROI than investing the same dollar in Bitcoin. This indeed can be hard to believe in December 2017 when looking at Bitcoin price, but we all know that less than 4 weeks ago it was under $6,000. Most likely Bitcoin its being used by short term investors these days. In fact, the CEO of hedge fund Polychain Capital, Olaf Carlson-Wee, is of the opinion that the entire market capitalization of Ethereum will exceed that of Bitcoin by the end of this year. At least, thats his Ethereum price predictions for 2018. You can read here my BITCOIN PRICE Predictions for 2018 . There is plenty of evidence to support Olafs view. On the one hand, the previously mentioned 20-fold explosion of Ether in 4 months versus the 8.5 times growth of Bitcoin in a year and a half. Besides that, the fact that Bitcoin has lost almost half of its market share to Ethereum during the past four months. To put matters into perspective, four months ago, 90% of all money invested in cryptocurrency was invested into Bitcoin. Curiously, this number has dropped to somewhere around 45%. Conversely, Ethereums share of the total money invested has increased four times in size, making it approach the 30% area. Another indicator showing that Ether can overtake Bitcoin can be found by looking at whos backing each type of currency, as well as why they are backing said currency. Bitcoins focus on payment technology makes it popular with governments, such as Japans and Chinas governments. On the other hand, Eth Continue reading >>
Where Will Bitcoin, Ethereum, Ripple And Other Cryptocurrencies Be Twenty Years From Now?
Where Will Bitcoin, Ethereum, Ripple And Other Cryptocurrencies Be Twenty Years From Now? (Photo Illustration by Chesnot/Getty Images) Bitcoin, Ethereum, Ripple, Litecoin and other cryptocurrencies have been on a roller coaster lately. Sharp upturns have been followed by sharp downturns, with each upturn and downturn lasting only a few weeks or a few days. Thus far, the cryptocurrency roller coaster has helped speculators who have been on the right side of the market to amass fortunes. The trouble is that no speculator is smart enough or lucky enough to time the market. At least thats what mainstream financial economics claims. Seven-Day Price Change For Major Cryptocurrencies Source: Coinmarketcap.com 2/2/18 at 7:30 p.m. Sooner or later, speculators who play this game will find themselves on the wrong side of the market, losing the fortunes they amassed early on and then some. Thats why cryptocurrency investors should look beyond the current roller coaster, and ask where cryptocurrencies will be20 years from now. [Ed. note: Investing in cryptocoins or tokens is highly speculative and the market is largely unregulated. Anyone considering it should be prepared to lose their entire investment. Disclosure: I don't own any Bitcoin.] Unfortunately, almost anything connected with the future of Bitcoin is speculative right now, says Jason Labrum, founder and president of Labrum Wealth Management. When you look at the sophistication level of the average person buying Bitcoin, its scary. They just see an asset that at times has gone up a whole lot in value, so you get a herd mentality of people wanting to jump on the bandwagon. Labrum isnt clear how things will look in20 years from now. It will be interesting in 20 years to look back on the conversations we are having today abo Continue reading >>
Bitcoin Price 'to Double' In 2018 So What About Ethereum And Ripple? | Metro News
Price of Bitcoin will easily double in 2018 but what about Ethereum andRipple? Share this article with Facebook Share this article with Twitter Share this article with Google Plus Share this article through email Share this article with Whatsapp Share this article through This chart shows the astronomical rise of Bitcoin over the past year (Chart: Coinbase) Bitcoin shot up in price by more than 1800 percent last year, rocketing from about $1,000 per coin to more than $19,000. But now one expert has said the price could easily double or even triple again in 2018. Policeman poisoned in Salisbury spy attack says life 'will never be the same' Tom Lee, co-founder and head of research at Fundstrat Global Advisors, has a history of accurately predicting Bitcoins behaviour. In August 2017, he said the cryptocurrency would soar above $10,000. In December, it hit a whopping $19,000 per coin before taking a nosedive and losing about 25 percent of its value. Lee said Bitcoin would rocket above $20,000 this year and stay there. This graphic shows the logos of the four major cryptocurrencies: Bitcoin, Litecoin, Ethereum and Ripple If it breaks the $20k barrier, the cryptocurrency could even see a move bigger than that. He told CNBC :As millennials discover and generate income, theyre going to use it as a replacement for gold. I think Bitcoin is still something you should own. Ripple is currently dropping like a stone, plummeting from $2.52 to $1.81 in the past week. Ethereum, on the other hand, has been on the rise. The price of Ripple has taken a clobbering in the last week (Chart: Coindesk) Samuel Miranda, a cryptocurrency expert from Coinlist.me , told us that at least one of these alt-coins would keep on rising. He said: Ripple has dipped because Coin Market Cap, the main websit Continue reading >>
Ethereum Price Analysis Will It Go Back To $1,000?
Over the short term, we will probably see ETH ride off its lows for the day with a chance to go back to at least $900. Activities throughout the day indicate a support level of $880, and a bullish signal was sent when the five-day and 20-day moving averages crossed. If ETH does move up, itll likely test a resistance of $920, and the next hurdle could be at $960. For it to go back to $1,000, investors will need to look at the price actions and whether these resistance levels hold. But if the first resistance level does not come off, then there exists a genuine possibility that the $880 support level could break down, and further declines are entirely possible. Using the MACD indicator, a bearish signal was relayed when the MACD line crossed over the signal line. Also, volume hasnt really picked up as the day went by, which is a concern. In summary, ETH investors should take note of the following: Continue reading >>
Ethereum Price Could Hit 'near Zero'founder Vitalik Buterin | Fortune
Vitalik Buterin (@VitalikButerin) February 17, 2018 Buterin isnt kidding about the volatility. One Ether coin was worth around $13 a year ago but currently costs $950. In the last couple months alone, its gone as high as $1,400 and as low as $580. Bitcoin, meanwhile, has undergone multiple crashes over the same period, although it is currently heading north again (at $11,050, its up 5% on the day). While it may seem unusual to see a major cryptocurrency player adopting a note of caution more readily associated with Wall Street giants and financial regulators , rather than making wild claims about future growth , Buterin is a relatively cautious figure on the scene. More than once, Buterin has warned investors about bubbles and volatility in the cryptocurrency world. In December, he criticized some players for being obsessed with flaunting their cryptocurrency-derived wealth, arguing that they should instead be thinking about how to use the technology for achieving something meaningful for society. Cryptocurrency media is now, even if out of ignorance/stupidity, complicit in making twitter scams look more legit. Also, the ECF is *not* an EF initiative; it's an independent community organization with some EF participants as advisors. Vitalik Buterin (@VitalikButerin) February 18, 2018 At the moment, he is also deeply annoyed about people impersonating him on Twitter in order to defraud others of their Ethereum. Continue reading >>
Will Ethereum Ever Reach $10,000 In Price?
Well, if ETH reaches $10,000, with the roughly 94 million tokens in circulation , then the Ethereum blockchain market cap would be valued at ~$1 Trillion USD. A lot can change in 7 years, especially in blockchain, but that figure doesn't seem too outrageous. No one knows for sure but it is possible. Ethereum is currently the second most valuable cryptocurrency, a position it rightly deserves for being a blockchain development platform that allows: the creation of new tokens and cryptocurrencies through ICOs enables anyone to run any program, regardless of the programming language through the Ethereum Virtual Machine Ethereum is the first of its kind so I expect its value to rise exponentially Continue reading >>
Ethereum Price Prediction 2018: Will Ethereum Go Up? How High Will Eth Go?
Ethereum price prediction 2018: Will ethereum go up? How high will ETH go? Ethereum price prediction 2018: Will ethereum go up? How high will ETH go? ETHEREUM has experienced a fall in price today, plummeting by almost 10 percent to dip below support levels, but will the cryptocurrency go up? Ethereum has fallen by 9.29 percent over the past 24 hours, it had dropped to $478.52 at 8.30pm on March 26, after it opened at $525.62 this morning, according to CoinMarketCap. The second largest cryptocurrency plunged to $483.30 at around 1pm today and has only made up some of the ground it has lost. Ether reached a high of $589.61 last week, meaning it has plummeted by 18.84 percent to the value it stands at today. During midweek trading ETH experienced a freefall to hit a hard bottom of $512.27. Research points to Bitcoin Cash rise while Ethereum could 'plummet' Aayush Jindal, analyst at ETH news, explained if the price of Ether managed to push above $515, then it could prompt the cryptocurrency to rise again. In the weekly analysis, we discussed the importance of the $500 support in ETH/USD. The pair failed to hold this level and declined further, Mr Jindal said. Looking at the 30-minute chart of ETH/USD, there was a clear bearish break below a horizontal support at $518.00. As a result, there was a sharp drop and the price broke the $510 and $500 levels. A new weekly low was formed at $477.31 before buyers appears. The last three 30-minute candles are pointing to signs of a recovery. However, there are many hurdles, such as $500 and $510. Ethereum price prediction 2018: The price of Ether has plunged today Moving up to the 2-hour chart, it seems like ETH/USD failed to break a significant bearish trend line with current resistance at $515.00. The current technical structure w Continue reading >>
Ethereum Prediction: Up To $1222.340! - Eth/usd Forecast, Long-term & Short-term Price Prognosis
Ethereum Prediction, ETH Forecast Price Charts - Is Ethereum aGood Investment? "Should I invest inEthereum CryptoCurrency?" "Should I buy ETH today?" According to our Forecast System,ETH isan awesome long-term (1-year)investment*.Ethereum predictions are updated every 3 minutes with latest prices by smart technical analysis. Q&A about ETH projections. At Walletinvestor.com we predict future values with technical analysis for wide selection of digital coins like Ethereum.If you are looking for virtual currencies with good return, ETH can be a profitable investment option.Ethereum price equal to 732.979 USD at 2017-12-14. If you buy Ethereum for 100 dollars today,you will get a total of 0.136 ETH. Based on our forecasts, a long-term increase is expected,the price prognosis for 2022-12-11 is 3127.405 US Dollars. With a 5-year investment, the revenue isexpected to be around +326.67%. Your current $100 investment may be up to $426.67 in 2022. Continue reading >>
How To Beat Fomo: What Are Bitcoin & Ethereum Worth In2020?
How to beat FOMO: What are Bitcoin & Ethereum worth in2020? 6/13/17 Edit: updated with feedback from a few Redditors Its been a big year for cryptocurrencies, with the total market cap for crypto jumping 6x since January 1st - from $18B to over $111B as of June 13th. The FOMO (fear of missing out) is real. New money is entering the market at a staggering rate - to the degree that many exchanges have had problems on-boarding and verifying their new customers to keep up with demand. These new investors are coming in droves after hearing about sky-high returns from a friend or friends friend or a friend of a friends friend. Once theyve gotten through the verification process on Coinbase or Gemini or Kraken, they execute their first market order and the rush of the cryptocraze washes over them. To the MOON! Then price drops by 10%, our new investor freaks out, convinces themselves that theyre hardly ever right, that ETH or BTC is going to $0 and that they should just cut their losses. They panic sell, adding fuel to the micro-bear run and the price continues to drop. Whew, that was close. Got out just in time. A short time later, they see that the price is not only retracing back toward their entry price, soon theyll realize that it will exceed it. They just bought high and sold low. They leave the market. Recent moments of FOMO in BTC & ETHtrading Weve seen this play out a number of times this year, and as an investor myself, I too get concerned when I see the price of ETH & BTC begin a FOMO trend. Ive seen the value of my portfolio drop by 2050% in hours. However, in order to counteract FOMO and any knee-jerk panic selling reaction I might have, Ive done two things: First, Ive taken my coins off of the exchanges. This prevents me from having my finger on the trigger and Continue reading >>
Ethereum Price - Mobile Friendly Price Of Ether
6 Ethereum Investing Takeaways From 6 Years In Crypto This post's takeaways are a culmination of my 6 years buying, selling and using cryptocurrency. Here are what I feel are some of the most important takeaways I've picked up from my time in this space. Ethereum Investors Are Still Early To The Scene Ethereum is going to fundamentally change the world in ways yet to be imagined. See why this 2 year old technology still offers a valuable use case for investors looking to buy. Millions of Dollars Frozen in Ethereum Exploit Hundreds of millions have been frozen across dozens of multi-signature Ethereum wallets. What does this mean for the price of Ether and will we see yet another hard fork? In a few weeks Bitcoin will face its most contentious split yet under the most conservative circumstances. What's in a megabyte? About $100bn. Bitcoin And Ether Rally Ahead Of Major Network Changes When a blockchain splits, the history of all transactions is - at that moment in time - identical. This means that holders of the legacy token now also hold the new split token. In the build up to the Bitcoin Cash split in August 2017, investors pulled money from [...] Continue reading >>
Ethereum Price Analysis: The Future Looks Bright For Eth
Ethereum Price Analysis: The Future Looks Bright for ETH William M. Peaster on December 2, 2017 / 0 Comments Just how high can Ethereum go ? Thats the question were all asking ourselves as the number two cryptocurrency by market capitalization is vaulting to unprecedented all-time price highs in Q4 2017. And as it stands right now, it really looks as if Ethereum and its associate fuel Etherhave unlimited adoption potential in the decades ahead. Thats because if Bitcoins appeal is as digital gold, then Ethereums appeal should be as the crypto revolutions Microsoft 2.0. Thats because you can build a seemingly limitless number of utilities atop of Ethereum. To this end, civilization itself may be running atop Ethereum in a handful of years if the project can live up to is promise. With these theme in mind, lets dig a little deeper. To Ethereum enthusiasts, the so-called flippening is the day in which ETH overtakes Bitcoin as the crypto with the highest market cap. Essentially, then, the day in which ether becomes the #1 crypto. Could it happen? Without a crystal ball, no one knows for sure right now. But what is clear is that however much of a darkhorse any cryptocurrency is at the moment ETH is one of the best positioned cryptos to one day overtake BTC. To be clear, were not saying that will happen. But we are saying its possible. One crucial factor to consider is the politics of the cryptocurrency space. Bitcoin bills itself as a currency. This automatically puts it in a position to be in competition with governments who mint their own currencies. And as BTC continues to make traditional currencies more pointless, some governments may want to lash out and crackdown on accordingly. Whether these governments could succeed in hampering Bitcoin effectively is certainly up f Continue reading >>
Ethereum Price Predictions 2018: How High Can Ethereum Go? (eth News Today)
Ethereum price predictions 2018: How high can Ethereum go? (ETH News Today) Ethereum price predictions 2018: How high can Ethereum go? (ETH News Today) Ethereum price predictions 2018.Ethereum is the 2ndmost valued cryptocurrency currently. Naturally, people will be intrigued by the opportunity which Ethereum cryptocurrency provides. This is the reason why investors are trying to find out about Ethereum price predictions 2018. Most of the cryptocurrency experts with whom we will speak are actually bullish on Ethereum cryptocurrency. We will today discuss some of the Ethereum price predictions 2018. Currently, the price of Ethereum is around $973. The one-year forecast is that its price by this calendar year 2018 will be around $ 2100. From the current price, it seems like it will more than double. Most of the cryptocurrency enthusiasts are so bullish on the cryptocurrency that they think that within 5 years, it will be trading at least around $ 6700. This is a significant increase from the current prices. The reasons behind the rise of Ethereum are plenty. Ethereum is used as a platform these days by a wide variety of ICOs as well as other cryptocurrencies. The smart contracts capability of Ethereum is 2ndto none. Many corporations, as well as business houses, are using the smart contracts capability of Ethereum in order to create their own products as well. This is further making Ethereum more and more popular as well. As the platform becomes widely used, it will gain more and more movement and this will increase the price of the cryptocurrency as well. As the decentralized usage of the platform becomes more and more popular, the demand for the for the cryptocurrency will also increase. Moreover, there are quite a few companies which are solely working on the Ethereum Continue reading >>
Ethereum Price Analysis: A Return To $650?
Ethereum Price Analysis: A Return to $650? Reading Time: 4 minutesby CryptoMedication onFebruary 4, 2018 Ethereum , News , Price Analysis Given the recent bear market that were in, its best to start off this analysis with an overview of the ETH/BTC chart to get an idea of how resilient its been to BTCs downward movements. Looking at Ethereums ether on the 8-hour chart, you can tell by the smaller red candles that volatility has minimized. As you can see from the overall chart, Ethereums ether has appreciated significantly in relation to bitcoin . From the chart, it looks like we can anticipate several more periods of sideways movement. This means that the price of ether relative to that of bitcoin should be expected to remain stable over the next few days. Thus, if bitcoin rises in its USD price, so will ETH. If it drops, so will ETH. However, ETHs drops may be somewhat more significant percentage-wise than BTC. Its important to note that red candles on this chart do not necessarily mean that ETHs USD value is decreasing. Heres the USD chart for ETH to give a better idea of what I mean: Now, lets evaluate the price action for ETH (USD) over the last few days with some of our indicators to get a better idea of how its moving. Were going to have to take some of these technical indicators with a grain of salt right because theres a lot of general instability and panic present in the market at the moment. As you can see from this chart, ETH has continued to trade within the zone thats marked out by the two orange lines that have been drawn on this chart. As a general rule of thumb, such channels are usually prequels to a continuation in the trend (uptrend). However, if ETH fails to break past the higher orange line ($1379), then it may be setting up to form a pennant. If i Continue reading >>