Category: Cryptocurrency News

submitted by /u/iraqmtpizza [link] [comments]

Ethereum is consolidating below the $3,450 resistance against the US Dollar. ETH price could resume increase if it stays above the $3,250 support. Ethereum is showing positive signs above the $3,350 support zone. The price is now trading above $3,300 and the 100 hourly simple moving average. There is a major bullish trend line forming with support near $3,250 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it clears the $3,440 and $3,450 resistance levels. Ethereum Price Remains Supported Ethereum extended increase above the $3,400 resistance zone. ETH even climbed above the $3,450 resistance and formed a high near the $3,482 level. Recently, there was a downside correction below the $3,400 level. The price even declined below $3,350, but it remained stable above $3,320. It is also trading above $3,300 and the 100 hourly simple moving average. Besides, there is a major bullish trend line forming with support near $3,250 on the hourly chart of ETH/USD. A low is formed near $3,335 and ether price is now rising. There was a move above the 23.6% Fib retracement level of the recent decline from the $3,482 high to $3,335 low. On the upside, an initial resistance is near the $3,410 level. It is near the 50% Fib retracement level of the recent decline from the $3,482 high to $3,335 low. The next major resistance is near the $3,450 level. Ether price could start another surge if there is a clear move above the $3,450 resistance. Source: ETHUSD on TradingView.com A close above the $3,450 level might pump the price towards the $3,500 level. If the bulls remain in action, the price could even rise above the $3,550 level. Dips Limited in ETH? If ethereum fails to start a fresh increase above the $3,450 level, it could start another downside correction. An initial support on the downside is near the $3,350 zone. The next major support is near the $3,300 level. The main support is near the $3,250 zone and a connecting bullish trend line. A downside break below the $3,250 support zone might push the price towards the $3,100 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly gaining pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $3,250 Major Resistance Level – $3,450

submitted by /u/dagrof [link] [comments]

I have question regarding wallets such as Atomic wallet, Exodus, Metamask etc. Lets assume you are keeping crypto in one of the wallets, let’s say Atomic wallet as an example. Let’s assume you have Ethereum in your Atomic wallet. But something happens to the Atomic wallet company and they are forced to be shutdown. Do…
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Regardless of the fact that ZK is significantly faster and more advanced than Optimistic rollups, ZK is focuses much more on privacy. In my opinion privacy plays a huge role when it comes to this considering that these technologies are available on side chains and commit chains where privacy is always a concern. This is…
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OpenSea shared a 16-second video on Twitter to announce the integration, with many popular Solana collections announcing their intention to list on the marketplace.

On Tuesday, the fund manager Wisdomtree announced the launch of three crypto asset exchange-traded products (ETPs). The ETPs are associated with the cryptocurrency networks Solana, Cardano, and Polkadot and the new crypto investment products are currently listed on Börse Xetra, SIX, and the Swiss Stock Exchange. Wisdomtree Launches Cardano, Solana, and Polkadot Exchange-Traded Products Wisdomtree […]

submitted by /u/RyanGiggs-SaggyRing [link] [comments]

Nothing irks me more than hearing normies talk about how crypto is bad for the environment and that celebrities should not be joining the NFT move because of how harmful it is for nature. Crypto is not bad for the environment, this is the economy we are talking about here. Mining for gold is more…
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submitted by /u/ligi [link] [comments]