Archive | price

Harvard Researcher – Based on Moore’s Law Bitcoin Will Hit $100,000

Dennis Porto, a Harvard researcher, has recently told Multiplex founder Brian Roemmele in an interview that based on Moore’s law, bitcoin price will surpass the $100,000 mark. “Bitcoin’s price could hit $100,000 per coin if it continues to follow Moore’s law,” said Porto. Moore’s law, named after Intel co-founder Gorden Moore, refers to the finding […]

Ethereum Price Technical Analysis – ETH/USD Approaching Support

Key Highlights ETH price surged higher and traded as high as $344.46 against the US Dollar. There is a connecting bullish trend line with support at $308 forming on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is approaching the $310-308 support area and likely to find buyers on the dips. Ethereum […]

Bitcoin Price Recovers After Dipping Below $4,000, Market Calm Amid Hard Fork Talks

In the first week of August, CNBC’s Brian Kelly outlined three factors for the recent surge in bitcoin price: completion of the August 1 Bitcoin Cash (BCH) hard fork, elimination of uncertainty surrounding scaling and rapid increase in demand from institutional investors. The successful execution of the BCH hard fork established an important precedent for […]

Ethereum Price Technical Analysis – ETH/USD Crawling Higher

Key Highlights ETH price after declining towards $280 found support and started an upside move against the US Dollar. There was a break above a connecting bearish trend line at $292 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is slowly moving higher and about to break the $300 resistance in […]

Ethereum Classic Price Technical Analysis – ETC/USD Sighting Recovery

Key Highlights Ethereum classic price declined below the $13.00 support against the US Dollar, but later recovered. There was a break above a short-term bearish trend line at $13.75 on the hourly chart of ETC/USD (Data feed via Kraken). The price is also above $13.80 and the 100 hourly simple moving average, which is a […]

Ethereum Price Weekly Analysis – Can ETH/USD Make It?

Key Highlights ETH price struggled twice to break the $317 level against the US Dollar and later moved down. There is a crucial breakout pattern forming with support at $270 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair must gain momentum above $302 to gain further in the near term. Ethereum […]

Bitcoin Price Flying High for Long?

Bitcoin recently dived to $3,824 and then picked back up to a high of $4,480. At the time of this posting, the price is currently at around $4,294. Bitcoin has been fairly volatile lately due to the recent all time highs and the market is at a crossroad regarding its next move. We are now seeing […]

Ethereum Price Technical Analysis – ETH/USD Primed For Lift-Off

Key Highlights ETH price recovered well recently and moved above the $293.50 resistance against the US Dollar. There is an ascending channel pattern with support at $290.50 forming on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might dip a few points, but likely to find support near $293 or $290. Ethereum […]

Ethereum Classic Price Technical Analysis – ETC/USD Nosedives

Key Highlights Ethereum classic price failed to hold the $14.00 support area against the US Dollar and moved down. There are two bearish trend lines forming with resistance at $13.60 and $14.00 on the hourly chart of ETC/USD (Data feed via Kraken). The price may struggle to move higher and could even trade towards the […]

Partnership Between AdEx and NEO Catapults ADX Exchange Rate

AdEx, an international decentralized advertising network that is developing a blockchain-powered infrastructure for online ad market has announced it has partnered with NEO, a China-based open source blockchain. Earlier AdEx planned to use Ethereum blockchain, however, it has seemingly opted otherwise after studying what NEO has to offer. ADX, the platform’s native token issued over […]

Ethereum Price Technical Analysis – ETH/USD Recovering Higher

Key Highlights ETH price after trading as low as $286.13 against the US Dollar started a short-term correction. There was a break above a steep bearish trend line with resistance at $293.50 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher and could even test a major […]

Ethereum Classic Price Technical Analysis – ETC/USD Struggle Continues

Key Highlights Ethereum classic price continued to move lower and traded below $14.80 against the US Dollar. There is a crucial connecting bearish trend line with resistance at $14.80 forming on the hourly chart of ETC/USD (Data feed via Kraken). The price might correct higher towards $14.80-15.00, but upsides are likely to face hurdles. Ethereum […]