A lot of eyes are still on the top cryptocurrencies and digital assets ranked by market cap. It would appear none of these markets will budge much unless Bitcoin goes through a major bull run. Even though Ethereum is slated to undergo a big network upgrade soon, most traders are not even excited for it, by the look of things. As such, the value per ETH remains relatively low, but that is to be expected over the weekend.
Ethereum Price Slump Continues
It is always interesting to see how cryptocurrency markets tend to evolve when the going gets tough.
Although it was somewhat to be expected, today isn’t off to a good start for the cryptocurrency markets. Everything has gone in the deep red due to a rather bearish one-hour chart. Sustaining uptrends has proven difficult in this industry for some time now. The Ethereum price knows this all too well, as it has dropped below $140 once again and may continue to drop lower.
Steep Ethereum Price Drop Materializes
After what seemed to be a somewhat promising start to the year 2019, the cryptocurrency markets have come under severe bearish pressure once again.
After enjoying a rather positive wave of momentum it seems the Ethereum price action is stuck in sideways momentum again. Despite a minor gain in USD value, the losses in ETH/BTC are piling up fairly quickly. This has some users concerned, even though it seems no real changes should be expected prior to the upcoming Constantinople hard fork.
Ethereum Price Trend Stalls
A lot of Ethereum enthusiasts are looking forward to the upcoming Constantinople network upgrade.
The top cryptocurrencies ranked by market cap often evolve in rather unusual ways. There has been a strong focus on the Ethereum price as of late, which is only to be expected. Since successfully reclaiming the $2 spot on Coinmarketcap, expectations for the Ethereum price turned bullish again.
Ethereum Price Flashes in the Green
Considering how all of the top cryptocurrencies suffer from bearish pressure right now, one wouldn’t expect Ethereum to note any real gains.
With the New Year almost upon us, the cryptocurrency market doesn’t look all that exciting. The global market cap dropped around $16 billion in the past 24 hours from $146 billion to the current cap of $130 billion. The good news is, while most cryptocurrencies are in the red, the price drops aren’t significant.
Bitcoin, XRP, and Ethereum are down roughly 1-2% which isn’t something to be concerned about. Bitcoin Cash is also taking a bit of a beating dropping almost 4% in the past 24 hours.
When all cryptocurrencies go in the green on a Sunday morning, it almost seems as if something is amiss. Such a sight is very unusual in this industry, regardless of what the overall momentum has shown throughout the week. For Ethereum, it seems the push to overtake XRP in market cap is in full effect once again.
Ethereum Price Uptrend is Spectacular
While it is only normal there would be a sort of revival after yesterday’s brief dip, few people expected things to grow this spectacular in quick succession.
The weekend usually offers some rather inverse cryptocurrency market momentum. Whereas last week was mainly about currencies gaining value, the weekend looks a bit bleak in this regard. One interesting market trend comes in the form of Ethereum. It suffers minor USD losses, yet gains a fair bit of value on Bitcoin. As such, everything seems to be going according to plan.
Ethereum Price Does its own Thing
No one will deny this weekend is not shaping up as most people would have liked to see.
Now that all cryptocurrency markets are slowly moving to higher values not seen for over a month, interesting things will happen sooner or later. In the case of the Ethereum price, there have been very solid gains over the past few days across the board. As such, the Ethereum price has now risen to nearly $110 again, which is rather interesting to keep an eye on.
Ethereum Price Uptrend Continues
No one will be surprised to learn the rise in Bitcoin’s value is also doing wonders for all altcoins and digital assets.
As all cryptocurrencies continue to dominate the green charts, there are some very interesting developments taking place. Ethereum, for example, went through a very rough couple of weeks not that long ago. Its value dropped to just $83 a few days ago, yet now sits comfortably above $100 again. This is a very bullish sign, although the weekly charts do not look all that promising.
Ethereum Price Reversal has Potential
As is always the case where cryptocurrencies and digital assets are concerned, one never knows how the momentum will evolve in the days to come.
After a relatively slow weekend the cryptocurrency markets are pumping quite a bit. Most coins are sustaining double digit gains with EOS increasing over 24% in the past 24 hours. Is this finally a sign of recovery? Is this the beginning of the altseason?
After a relatively slow weekend where the prices didn’t move much, Monday morning kicked off with substantial gains.
It is somewhat refreshing and surprising to see multiple cryptocurrency markets go in the green all of a sudden. This is primarily because the Bitcoin value is still down by nearly $32 at this point. In the case of Ethereum, the uptrend hasn’t materialized just yet. Its value remains well below $85, which is not necessarily what traders hope for.
Ethereum Price Slump Remains in Place
It has become more than apparent the Ethereum price will not return to its all-time high in the year 2018.
To gauge the overall cryptocurrency market sentiment, most people look to the top currencies ranked by market cap. As of right now, none of those markets look too appealing. In the case of Ethereum, the price continues to fall at a very rapid pace. As this currency is now valued at under $87 per ETH, one has to wonder how dire things will get over the coming weeks.
Ethereum Price Onslaught Isn’t Pretty
It has been another rough week for all cryptocurrencies and digital assets, which was only to be expected.
It has been a very difficult year for Bitcoin and all other cryptocurrencies. Ethereum, while once considered a rival to Bitcoin’s market cap, has lost over 90% of its all-time high as well. The uptrend still hasn’t materialized, albeit there is a lot of hope for the upcoming Constantinople hard fork. Assuming that doesn’t get delayed again, some cautious optimism may be warranted.
Ethereum Price Outlook Remains Rather Bleak
It is only natural all cryptocurrencies and digital assets follow Bitcoin’s momentum first and foremost.
It has become more than apparent the current cryptocurrency price momentum is not doing too many people any favors. With Bitcoin getting battered, things start to look progressively worse for Ethereum as well. Its value hit double-digits again yesterday afternoon, but it is now struggling to remain above $85. This is going from bad to worse in very quick succession, and the worst may not be over yet.
Ethereum Price Falls off the Cliff
These are not the most encouraging or pleasant times to be involved in cryptocurrencies.
As all cryptocurrencies remain buried under a fresh layer of bearish market pressure, it will be interesting to see how things move ahead in the coming weeks. For Ethereum, the double-digit value is coming a lot closer over the past few days. A bit more negative price pressure will crumble the support at $100, which is a pretty interesting development, although not necessarily for the right reasons.
Ethereum Price Support Runs out of Gas
Although it has been coming for quite some time now, the Ethereum price is genuinely on the verge of dropping back into the double-digit range.
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