Key Highlights

ETH price is trading near a major support at $495-500 against the US Dollar with positive signs.
There is an important bullish trend line forming with support at $500 on the hourly chart of ETH/USD (data feed via Kraken).
The pair must stay above the $495 support and the 100 hourly simple moving average to continue higher.

Ethereum price is holding gains against the US Dollar and Bitcoin. ETH/USD is currently above $500 and is eyeing an upside break in the near term.
Ethereum Price Trend
There was a minor downside reaction in ETH

This post is an exerpt of an original post published on News BTC. All copyrights about images and text belong to their respective owners.Click the above button to read the original post.

Hacked.com Weekly Webinar: Apr. 21 Edition

Is the crypto market recovery finally upon us? Coins surged more than 20% this week, with bitcoin making a decisive break above $8,500. Hacked.com...

Belgium Contributes To World Food Programme Blockchain Project

The government of Belgium has made a financial contribution to a project which uses Blockchain technology to distribute funds to refugees...

Anticipation of Bitcoin Cash Hard Fork Lifts Price Back Near $1,000

Bitcoin Cash is already seeing a price bump as the next hard fork approaches in less than a month. Faster transactions and new operation codes...

Taiwanese Gov’t Plans To Release Anti-Money Laundering Regulations For Crypto In November

Taiwan will roll out a new cryptocurrency control mechanism in order to prevent money laundering in the financial industry later this...

Silver Prices Poised for a Breakout – Overview of Key Trigger Levels

Long-Term View Since 2003, silver has exhibited spectacular volatility, increasing by more than ten-fold by the 2011 peak, before declining by more than 72%...

JPMorgan Tests the Waters for Debt Issuance on a Blockchain

For a bank that has distanced itself from cryptocurrencies, JPMorgan is sure fond of the blockchain. The biggest US bank based on assets joined...
loading...