Ethereum is the second largest cryptocurrency in the world in term of market capitalization only after Bitcoin (BTC), and as a result, can easily be purchased in most available crypto exchanges. It has quickly grown in popularity over the years, and its blockchain supports the most number of decentralized applications as many emerging models are based on Ethereum s popular ERC 20 standard token.
Ethereum price surged above the key $145.00 resistance and broke $150.00. There were strong bullish moves in ETH. XRP, BTC, IOST and TRX in the past few hours.
Ethereum price tested the key $142.00 support area, where buyers emerged. ETH buyers remain in control and it seems like the price may climb higher towards the $148.00 and $150.00 levels.
Ethereum (ETH) started the month of March trading at $126. Today it would close above $140. This shows that the cryptocurrency is up by 11% within the month per CoinMarketcap.com. The Ethereum prediction 2019 is that ETH is going to reach $200 as soon as it crosses $148. This is according to the latest Ethereum price prediction 2019 by one of the most popular Ethereum traders, Crypto Dog. Taking to Twitter, the analyst said that the price of ETH will get to $200 near term as long as it is able to gather enough momentum to rise above the key resistance at $148.Ethereum (ETH) Price Today - BTC USD
Ethereum (ETH) will be switching to a proof of stake consensus model within the next year or so. Many are wondering, #8216;How many ether does one need to participate in Ethereum staking?; Here is what we know so far.Although it is hard to pin an exact date on the transition, Ethereum will soon be moving to a proof of stake (PoS) consensus model. The so called #8216;Casper Protocol #8216; will transform Ethereum from a proof of work (PoW) model to one where holders can stake their ether to confirm transactions on the network. By staking ether, users will receive validator rewards and network fees.
Volume : $52.4 BillionCryptoCurrencies : 2,133
Bakkt is a new crypto platform created by ICE and designed to allow consumers and institutions to carry out transactions (such as buying, selling, storing and using digital assets) on a seamless worldwide network. Essentially, the Bakkt crypto offering intends to create a market that is regulated by federal regulators for top digital asset Bitcoin (BTC).The goal of the platform is to facilitate institutional investment. When institutional investors enter the Bitcoin space, other altcoins including Ethereum (ETH) are also ran positively affected. There have been delays in the launch of the Bakkt crypto offering, but the company has pressed on in its moves to start operations. What is Ethereum s current status?
Ethereum Chart by TradingView Looking at the cryptocurrency we can see it 's trading within a specific range, between the $140 and $120 marks. The Stochastic Oscillators are currently pointing north at range 40.
Many well known cryptocurrency analysts have predicted that the price of ETH is going to be bullish throughout the year. While some have made predictions that ETH will rise as high as $200, some other predictions have been rather bold. One of the Ethereum price predictions 2019 that has sparked up controversy in the cryptocurrency community is the one on CoinSwitch. The writer predicted that Ethereum (ETH) will move as high as $484 in July and $1450 in 2019.At its peak, the Ethereum (ETH) price was around the $1450 level. So, it 's not unreasonable to expect it to move this high eventually. The reason why the prediction is difficult to believe is that the timeline appears unrealistic. At the time of writing, Ethereum (ETH) was trading at $136.74 on CoinMarketCap. This means that it is down by 0.60% against the USD and down by 0.42% against BTC. The trading volume over a 24 hour period is $4,061,645,041 and the market capitalization is $14,410,328,793. Rising from $136.74 to $484 and eventually, $1450 appears far fetched even for the second largest cryptocurrency per market capitalization.
Ethereum Chart by TradingView The cryptocurrency 's 50 day SMA is below the 14 day SMA. The Stochastic Oscillators are now close to range 60 and 40. Both the bears and the bulls are looking to get momentum to push te cryptocurrency away from its current zone, between the $140 and $120 areas.
Volume : $45.82 BillionCryptoCurrencies : 2,129
Yesterday, March 19, the price of Ethereum was in a range bound movement. On March 16, the bulls tested the $142 resistance level and were resisted. The bears broke the $140 support level and the 26 day EMA as the price fell to the low at $137.18. The bulls made a pullback above the 26 day EMA.On March 18, the bulls made another attempt and tested the $140 resistance level and the price fell to the support of the 26 day EMA. The price fell to the low at $136.71 and commenced a range bound movement. On the upside, if the bulls break above the EMAs, the $140 resistance level may be tested or broken.
Ethereum (ETH) Price Today - ETH USDAccording to Buterin, the current Ethereum governance model is perfect. This is true considering the issues it has guided the Blockchain project through over the years.
The majority of altcoins in the market were built on the blockchain of Ethereum. The blockchain project also boasts of a series of decentralized apps (Dapps) and smart contracts. Ethereum (ETH) emerged to solve some of the issues of Bitcoin (BTC) the world s most dominant digital currency. While Ethereum solves some of Bitcoin s problems, it still has some issues it is yet to tackle. Scalability is still an issue for the project.However, the core dev team of Ethereum are doing they can to resolve this issue. To achieve this, the team just launched Ethereum Constantinople a significant upgrade to the network. Ethereum Constantinople is meant to enhance the network and solve its scalability issues. Having just activated Ethereum Constantinople, the dev team is planning something big again.
With the bulls almost guaranteed a position above $145, they are now starting to eye the $150 position. Although difficult to get over, this is one of the more crucial resistance positions that could well establish a more long term bullish view.Although there is still a long way to go for Ethereum to hit $150, the current bullish charge could offer the required momentum to see the coin this high. But, in the next couple of hours, the coin will have to stay green if this prospect is to remain achievable. Also, the wider market rally will also have to persist throughout the weekend, giving ETH the best chance possible.
Hong Kong Abra, the world s first global investment app, had just announced on expanding its support for Ethereum s platform by adding native integration of its cryptocurrency - Ether (ETH). This means that Abra users can deposit, invest, and withdraw ether directly from the application. Prior to extending its support, Ethereum was available on the platform as a synthetic asset. This basically means that Abra users were able to gain exposure to the price movements of ETH but they could only make deposits into the Abra app through a US based bank account, American Express Card, Bitcoin, Bitcoin Cash, or Litecoin.
We were reporting that the tech giant s phone will massively support the huge goal of mainstream crypto adoption which is expected to happen in 2019.Samsung had already confirmed that it has integrated Samsung Knox into the Galaxy S10.
Bitcoin was the first blockchain based cryptocurrency. It is considered a first generation cryptoasset. These are typically called ;cryptocurrencies.;When Ethereum first introduced smart contracts into the blockchain, a second generation of digital assets emerged.
Volume : $42.68 BillionCryptoCurrencies : 2,171