Negative Crowd Sentiment Towards Ethereum May Push its Price Higher
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Antonio Anderson
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June 8, 2021
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Ethereum
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Crowd sentiment towards Ethereum is still negativeNegative sentiment usually precedes a price increment by Ethereum$2,800 is still the level to break for Ethereum to return to bullishnessHistorically, Ethereum’s gains during the second half of any year, have been lower than the first halfEthereum has a 50:50 chance at ending the month of June on a high noteCrowd sentiment surrounding Ethereum …
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Ethereum Best Positioned of All Major Cryptos to See Massive Gains
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Antonio Anderson
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May 21, 2020
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Ethereum
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Ethereum’s intense 2020 uptrend turned parabolic in early February when the cryptocurrency rallied to highs of $290, which is where the crypto lost its strength and began plummeting back towards where this rally began. The crypto has been able to find significant support around the lower-$200 region that has bolstered its price action in the time following its recent selloff. …
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Ethereum (ETH) Breaking This Crucial Level Could Send it Past $290: Analyst
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Antonio Anderson
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May 21, 2020
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Ethereum
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Like Bitcoin, the past few weeks have seen Ethereum consolidate. The second-largest cryptocurrency has established a base of support around $220, trading within practically 10% of that level for all of the past ten days. But according to a trader, ETH may soon rally to fresh local highs above $290 — 20% above the current market price of $237 — …
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Ethereum May Fall Under $200 as Bears Trigger Massive Sell-Off
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Antonio Anderson
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May 21, 2020
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Ethereum
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As reported by Ethereum World News just a few hours ago, Bitcoin and the rest of the crypto market haven’t been doing too well. In fact, Ethereum, along with practically all other altcoins, has collapsed over 10% (compared to BTC’s relatively measly 7% loss or so) in the past day alone, marking a brutal loss for bulls. The price of …
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Ethereum Could See Significantly Further Losses Before Becoming Bearish
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Antonio Anderson
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May 21, 2020
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Ethereum
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Ethereum has had a rough day, with the market-wide downtrend sparked by Bitcoin’s recent selloff leading the cryptocurrency to plummet over 10% as it erases nearly all of the gains that incurred throughout the course of its intense parabolic rally in early-February. One top analyst, however, is noting that the cryptocurrency can still be characterized as being highly bullish on …
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Binance to Distribute ETH to DGD Holders as DigixDAO Initiates Dissolution
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Antonio Anderson
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May 21, 2020
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Ethereum
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In brief: Binance has announced that it will be supporting the upcoming DigixDAO (DGD) dissolution. The exchange will distribute ETH to qualified DGD holders at a rate of 1 DGD = 0.193054178 ETH. Earlier this year, the DigixDAO community voted on dissolving the project and burning the DGD in circulation. The popular crypto exchange of Binance has announced its support …
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2 Reasons Why Ethereum (ETH) Could Reclaim $200
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Antonio Anderson
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May 21, 2020
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Ethereum
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In brief: Bitcoin has led a resurgence in the crypto market and looks set to erase all losses experienced in mid-March. With BTC currently experiencing sideways movement, Ethereum could experience a second wave up. The Eth 2.0 upgrade of Serenity, is scheduled for July 2020. There is a general sense of optimism in the cryptocurrency markets that has been brought …
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$424M in ETH is Locked in DeFi Platforms, Can Tron (TRX) Catch Up?
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Antonio Anderson
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May 21, 2020
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Ethereum
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In summary: Decentralized Finance (DeFi) has blossomed in the last year as more projects utilize the Ethereum blockchain due to its smart-contract capabilities. Currently, there is over 2.7 Million ETH locked up in DeFi DApps. Maker DAO transactions take up 49.36% of the ETH locked up in DeFi platforms. Can Tron (TRX) exceed this with Just (JST)? Decentralized Finance has …
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Ethereum’s (ETH) Price Holds $168 Support Amidst Historic Oil Dump
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Antonio Anderson
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May 20, 2020
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Ethereum
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In brief: The price of US Crude oil fell hard to $0 with its futures contracts going as far down as $-40. The once in a lifetime event, shook the crypto markets with Bitcoin (BTC) going back below $7,000. At the time of writing this, the price of Ethereum (ETH) is holding the $168 support zone. Analysts across the world …
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