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ETH/USD Staring at 350: Sally Ho's Technical Analysis 31 July 2020 ETH

Ethereum (ETH/USD) exploded higher early in today’s North American session as the pair appreciated to the 347.13 area after trading as low as the 328.35 area during the Asian session.  Stops were elected above the 336.10, 337.33, and 342.29 levels.  Traders observe that bids emerged around the 328.35 area around the 38.2% retracement of the recent appreciating range from 306.29 to 342.40.  Earlier this week, bids emerged just above the 314.07 area, a level that represents the 50% retracement of the broad historical depreciation from the 547.54 to 80.60.  Profit-taking earlier this week saw the pair decline to the 312.66...

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Sideways Action Gives ETH/USD a Breather: Sally Ho's Technical Analysis 30 July 2020 ETH

Ethereum (ETH/USD) mostly traded sideways early today’s North American session as the pair appreciated to the 319.45 area after trading as low as the 314.52 area during the Asian session before climbing to the 320.16 level during the European session.  Notably, the bids during the European session were just above the 314.07 area, a level that represents the 50% retracement of the broad historical depreciation from the 547.54 to 80.60.  Profit-taking earlier this week saw the pair decline to the 312.66 area, a test of the 312.46 area that represents the 23.6% retracement of the appreciating range from 241.62 to...

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Ethereum 5th anniversary and the future role of DeFi finance products

Ethereum celebrated its fifth anniversary, and it has emerged as the second largest crypto in the world. However, Ethereum is actually the single most popular crypto network in the world. On July 29th, Ethereum celebrated its fifth anniversary, and despite living in the shadow of its elder sibling Bitcoin, it has emerged as the second largest cryptocurrency in the world with a total market capitalisation of $35,813,984,738. However, Ethereum is actually the single most popular crypto network in the world, and one that has arguably focused the efforts of blockchain and paved the way for some of its most lucrative...

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Ethereum: a five year journey

Five years ago this week, one of the biggest crypto projects in the industry started up and changed the landscape of the whole space as a result. On the 20th of July 2015, Ethereum revealed its details showing an expected launch for frontier, The networks inaugural framework. Five years ago this week, one of the biggest crypto projects in the industry started up and changed the landscape of the whole space as a result. On the 20th of July 2015, Ethereum revealed its details showing an expected launch for frontier, The networks inaugural framework. By 30th of July, the project...

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ETH/USD Again Tests Technical Support at 312.46 - Is 336.10 Next? Sally Ho's Technical Analysis 29 July 2020 ETH

Ethereum (ETH/USD) maintained a bid in today’s North American session as the pair appreciated to the 324.09 area after trading as high as the 325.35 area during the European session.  Profit-taking saw the pair test the 312.66 area during the Asian session, a test of the 312.46 area that represents the 23.6% retracement of the appreciating range from 241.62 to 334.34.  Earlier in the week, profit-taking pushed the pair lower to the 306.29 level, a test of the 305.98 area that represents the 38.2% retracement of the recent appreciating range from 260.10 to 334.34.   Stops were triggered below the 312.46,...

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