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Ethereum (ETH) Bears All Set To Push For A Fall Below $80 Amid Uncertainty

Ethereum (ETH) is ready for a fall in the next few days. The 4H chart for ETH/USD points to only one possibility and that possibility is a fall in the near future. During the past few weeks, Ethereum (ETH) has faced rejection at multiple fronts. First it got rejected at the long term trend line that extends all the way back to when Ethereum (ETH) broke below its market structure. Second, it had to struggle against the 21 EMA resistance. When it failed to break past that, it declined well below it to settle at the bottom of a symmetrical...

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Wanchain launch World’s Most Advanced BTC To ETH Bridge

Yesterday Wanchain, the team behind the WAN cryptocurrency announced the release of Wanchain 3.0 which claims to be the world’s most advanced blockchain interoperability platform. We want to explore a little bit more about what this means for cross chain compatibility between Bitcoin, Ethereum and Ethereum’s ERC-20 tokens.   What is Wanchain? “Wanchain is a blockchain platform that enables decentralized transfer of value between blockchains. The Wanchain infrastructure enables the creation of distributed financial applications for individuals and organizations. Wanchain currently enables cross-chain transactions with Ethereum, and today’s product launch will enable the same functionalities with Bitcoin.” Wanchain is a...

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Ethereum Hacking Still Ongoing Despite Low Price

One thing we will remember 2018 for, aside from the strolling bear market, is hackers. Hacks have been avid this year and it seems like the news coming out about a new hack or scam is happening every week. A new wave of hacks attacking Ethereum holdings is still ongoing despite the altcoin losing its price and hitting 18-month lows. Research by the cybercrime monitoring firm Bad Packets LLC indicates the downtrend that Ethereum is experiencing hasn’t done anything to hackers and scammers who are attempting to steal funds from miners and investors. When scanning the network, the hackers are...

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Ethereum (ETH) Fails To Climb Past 5 Day EMA, Retest Of Yearly Low Expected

Ethereum (ETH) has failed to break past the 5 Day EMA resistance against both Bitcoin (BTC) and US Dollar (USD). This means that a retest of the previous yearly low is now inevitable and Ethereum (ETH) will have to fall in the next few days to fully complete its correction. It is possible that the bottom that is to be established the next few days may not be the ultimate bottom and Ethereum (ETH) may fall again in early 2019, but ETH/BTC has long been due for a recovery and it is going to get it but not before it...

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Ethereum (ETH) Eyes A Sharp Decline To $80 As Bulls Fail To Defend Price

Ethereum (ETH) is on track for a major decline this week as the bulls failed to defend the price above $90. Earlier this week, Ethereum (ETH) had entered an ascending channel which raised the hopes of buyers but it was short lived as the price broke below that channel soon as Bitcoin (BTC) started to fall. The big picture is still pretty clear and Ethereum (ETH) certainly has completed its correction for the most part. It is not very likely for the price to drop significantly from current levels but a fall to $80 seems inevitable. ETH/USD has now reached...

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