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Can Ethereum (ETH) Preserve Its Gains After The Surprising Rally?

Ethereum (ETH) has made a surprising rally that has taken the community by surprise but it is unlikely that this rally will have the momentum to preserve its gains. RSI on the 4H time frame has now run into a trend line resistance and shows a bearish divergence. The price has also faced strong resistance at the top of the ascending channel and has now retraced. This fake out was expected as a possibility because the bears had become too comfortable shorting Ethereum (ETH) within the descending triangle. A decline at stages like these is never too obvious and as...

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New All-Time High for Ethereum dApps

Even though there are reports that Ethereum has been conceding the market share of decentralised applications (dApps) - after owning almost a hundred percent of the industry just a year ago - ETH transactions volume has reported a new all-time high. Ethereum has hit an all-time high in dApp-based transactions for Ether last month, according to a report from the analytics firm Diar. this beats out the previous record set in December of last year. April’s high fro ETH-based transactions which amounted to 776,000 Ether sent on-chain through decentralised applications which were the culmination of a four-month growth trend in...

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Aeryus Listed On IDEX And We Explain Ethereum ERC-721 Tokens

Randy Hilarski Interviews Nicholus Andrews, CEO of Aeryus. Aeryus is one of the hottest projects on the market. Last week IDEX listed AER to its DEX and Blockfolio also added Aeryus. I talked to Nicholus about how the project vision has changed since he began the project almost two years ago. We also discuss in detail Ethereum ERC-721 tokens or non-fungible tokens/NFT’s. We talk about why assets on the blockchain could be a huge market and how it could propel crypto in the next Bull cycle. What is a Non-Fungible Token? A non-fungible token (NFT) is a special type of...

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Bitcoin Touches $6k as Ethereum is the Biggest Gainer with 10% Increase

Less than a week after recording new highs for the year, Bitcoin has made some huge steps towards the $6,000 key resistance level. At the time of writing, Bitcoin is worth $5,924 following a 4.14 percent increase over the past 24 hours. It seems that the rest of the market has benefitted from Bitcoin’s increase too as altcoins have been pushed up towards a total market cap of $190 billion. BTC current has a 55.8 percent dominance over the market as it seems to be showing off as enthusiasts are just trying to ignore the still ongoing scandal with Tether...

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Sally Ho's Technical Analysis 7 May 2019

Bitcoin Bitcoin (BTC/USD) found some buying pressure early in today’s Asian session as the pair moved back to the 5750.00 level after declining to the 5651.00 area during yesterday’s North American session. Earlier in the North American session, the pair got as high as the 5753.66 level before spinning lower, a level that is right around the 23.6% retracement of the 5520.00 – 5831.39 range. Notably, BTC/USD was supported above the 5650.01 area during the brief pullback, previously a relative high dating to 23 April 2019. A move back above recent highs will spotlight the 5808.45 area, representing the 50%...

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