Day: May 10, 2021

Ethereum Sets New Record High Above $4,000

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Key Takeaways ETH has set a new all-time high price above $4,000. The second crypto has been rising at a rapid pace for weeks. It’s outperforming Bitcoin by some distance. Although a correction may be overdue, Ethereum still has a big few months ahead with EIP-1559 and Proof-of-Stake looming. Share this article Thanks to its latest run, Ethereum is catching up with Bitcoin. ETH in Repricing Mode  ETH crossed $4,000 early Monday and is currently trading at $4,104.  Source: CoinGecko The number two crypto has enjoyed a major rally relative…

Ethereum Smashes $4K, Why ETH Is Not Done Yet

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Ethereum extended its rally and it traded to a new all-time high above $4,000 against the US Dollar. ETH price is showing a lot of positive signs and it is likely to climb above $4,100. Ethereum extended its rally above $3,900 and it traded to a new all-time high near $4,030. The price is now trading well above $3,950 and the 100 hourly simple moving average. There is a crucial bullish trend line forming with support near $3,920 on the hourly chart of ETH/USD (data feed via Kraken). The pair…

Bitcoin Resumes Uptrend, Here’s Why BTC Could Rally Above $60K

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Bitcoin price remained well supported near the $56,000 support zone against the US Dollar. BTC is rising and it may soon break the key $60,000 resistance zone. Bitcoin found support above $56,000 and started a fresh increase. The price is now trading well above the $57,500 level and the 100 hourly simple moving average. There was a break above a key bearish trend line with resistance near $57,900 on the hourly chart of the BTC/USD pair (data feed from Kraken). The pair is likely to accelerate higher above the $59,500…