Ethereum Breaks Key Resistance, Here’s Why ETH Could Test $3K
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summy Morphe
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May 26, 2021
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Ethereum
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Ethereum extended its upward move above the $2,750 resistance zone against the US Dollar. ETH price is showing positive signs and it could rise towards $3,000 or even higher. Ethereum extended its recovery wave above the $2,650 and $2,750 levels. The price is now trading above the $2,700 support and the 100 hourly simple moving average. There was a break …
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Technical Breakout Suggests BTC Could Rally Above $40K
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summy Morphe
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May 26, 2021
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Bitcoin
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Bitcoin price is holding gains above the $38,000 pivot level against the US Dollar. BTC is signaling more gains above the $40,000 resistance zone in the near term. Bitcoin is showing positive signs above the $37,000 and $38,000 resistance levels. The price is trading nicely above the $37,000 zone and the 100 hourly simple moving average. There was a break …
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More Americans have heard of Dogecoin than Ethereum: Survey
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summy Morphe
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May 25, 2021
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Litecoin
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In just over five years since it launched, Ethereum introduced the world to smart contracts, decentralized finance, yield farming and non-fungible tokens, and has long stood just behind Bitcoin as the second-largest blockchain project by market capitalization.Dogecoin (DOGE) is a meme cryptocurrency which has provided no innovation, has no real raison d’etre, and is only popular because it became the plaything of …
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The Level Bitcoin Bulls Must Reclaim To Defend The Worst Monthly Selloff Ever
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summy Morphe
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May 25, 2021
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Bitcoin
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0 Comments
Bitcoin price collapsed by more than 50% from its recent highs set only one month ago. The sharp decline now represents that largest drop in the history of the cryptocurrency – but there’s still several days left for the monthly candle to close. That means bulls can undo the damage done by the recent crash, and keep the structure of …
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How can crypto mining impact world environment?
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summy Morphe
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May 25, 2021
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Blockchain
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One of the major problems with cryptocurrencies is the environmental impact that digital transactions have on the planet. The method of bitcoin mining is energy-intensive involving heavy usage of fuels like coal. China contributes to fossil emissions of roughly 40% due to the usage of coal compared to its total usage of energy for bitcoin mining.1 Many people are concerned …
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Building The Case That The Bitcoin Bottom Is In
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summy Morphe
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May 24, 2021
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Bitcoin
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0 Comments
Bitcoin price is back at $37,000, recovering from a frightening plunge to as low as $30,000. The selloff struck fear into the market unlike never before, making buying the dip a scary risk to take. However, there’s several signs that the bottom could be in, all while sentiment has turned fully bearish and the market expects far deeper lows. Could …
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Ethereum Faces Hurdles, Here’s What Could Trigger Strong Recovery
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summy Morphe
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May 24, 2021
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Ethereum
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0 Comments
Ethereum extended its decline and traded close to the $1,700 zone against the US Dollar. ETH price is recovering, but it is facing a strong resistance near $2,200. Ethereum extended its decline below the $2,000 and $1,800 support levels. The price is well below the $2,500 level and the 100 hourly simple moving average. There is a major bearish trend …
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Here’s Why BTC Could Struggle To Surpass $37K
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summy Morphe
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May 24, 2021
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Bitcoin
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0 Comments
Bitcoin price tested the $30,000 support and it is now recovering higher against the US Dollar. BTC is likely to face a strong selling interest near $37,000 and $38,000. Bitcoin extended its decline and it even traded close to the $30,000 support. The price is now well below the $38,000 resistance and the 100 hourly simple moving average. There is …
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Eject Elon $EJECT Coin Looks to Bring Back Power To The People
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summy Morphe
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May 22, 2021
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Blockchain
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0 Comments
Eject Elon is a brand new altcoin launching on the 3rd of June 2021, in it’s much awaited and talked-about public sale. So what is the “Eject Elon” coin ($EJECT) and why should you care? Eject Elon is a platform and token inspired by the events that shaved 1 trillion off the crypto market. It has a real world use case …
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Why The Chaos In Bitcoin And Crypto Is Only Beginning
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summy Morphe
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May 21, 2021
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Bitcoin
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0 Comments
Bitcoin price plummeted faster and lower than anyone expected, leaving behind a trail of liquidations and investors in shock. Crypto prices across the board tanked by more than 50%, and in most cases have already rebounded by at least 25% of what was lost. The sudden rollercoaster after such a steep ascent makes sense, sending volatility soaring. Except even with …
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