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What Happens If Ethereum (ETH) Fails To Break $300 Resistance?

Ethereum (ETH) is in a strong descending channel since the beginning of the current market correction. The 4H chart above for ETH/USD shows us exactly how Ethereum (ETH) has found support at the bottom of the descending channel in the past and then rallied from there. It also shows us what happened at each point where Ethereum (ETH) failed to break the downtrend resistance of the descending channel. Ethereum (ETH) first ran into the downtrend resistance during the beginning of the correction. It lacked the strength to break the descending channel and was rejected towards the bottom of the channel....

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US Regulatory Authority Approves BitGo For Custodian - BTC, ETH & XRP For Recovery

US regulatory authority approves BitGo for the status of a custodian for crypto and the market is booming during positive news. The digital currency security startup BitGo has been granted approval of a custodian for crypto and other virtual assets after the company put in a request for permission to act as a digital asset custodian. The company will bring its clients the offer for a regulated custody solution made with their crypto investments specifically in mind. Bitcoin currently offers an online hot wallet solution which can be installed and used for digital asset storage to be secured. Despite this,...

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Ethereum (ETH) Defends $200 Resistance Turned Support, Price Likely To Surge Higher

Ethereum (ETH) rallied like a raging bull to the surprise of many yesterday. This from a cryptocurrency that had seen red days one after another and exhibited extreme weakness was completely out of the blue. The price seems to have bottomed out around $172 and those waiting for $150 might have missed the train already. The chart above for ETH/USD shows that the previous resistance at $200 has now turned into a strong support. This support was tested today but it held strongly and the price bounced off it towards the 21 Day EMA. There was a lack of bullish...

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Charles Hoskinson Talks About His Time At ETH

The co-founder of Ethereum and the founder of Cardano, Charles Hoskinson has spoken about how Ethereum came to fruition and what his role was in the project, whilst being interviewed with Mpho Dadaga. Hoskinson said that if the minds behind the crypto had predicted that Ethereum was going to be the biggest digital currency in the market, then the team would have thought things about a lot more. Hoskinson said: “So, we got Vitalik… his presentation was really swarmed. Like a rock star… he kind of had second tier speaking slot and he goes on and they only gave him...

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Ethereum (ETH) One Step Away From Kicking Off The Altcoin Rally

It is a rare sight in the crypto community to see Ethereum (ETH) in the green after a long queue of weeks in the red. The daily chart above for ETH/USD shows that Ethereum (ETH) is just a single step away from kicking off the altcoin rally. This chart is the perfect example of how history may not repeat itself but it does rhyme. The pattern of rise before 2018 bears a striking resemblance to the one just after 2017. Similarly, the correction that followed after 2016 resembles the one that followed 2018. If history is any indication, we can...

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