; You can check your referral status here. And to make trading even more straightforward eToro has two pioneering tools – CopyTrader and CopyFund – that are game-changers for crypto investors of all levels. So much so that the trader said that the coin could reach $275-300 in the near future. This price action has been underscored by reports... Ethereum topped out dramatically in August when it hit $490, then crashed.

© 2020 Bitcoinist.com. This could be a mild correction, but because the total locked value in these protocols have remained very high, the publication said investors and analysts are still bullish on DeFi. The asset is running up against critical resistances around $360-375. However, the waning hype around decentralized finance (DeFi) has also affected Ethereum, where most of these DeFi protocols are built. If not, I assume $280 as a likely possibility for further corrective movements in Q4.”. Ethereum 2.0 Latest Testnet 90% Successful, Ethereum Total Transaction Fees Now More Than Bitcoin, NYC, Seattle, Portland Sue Trump Over 'Anarchy' Designation, Demand For Refinance Loans Is Rising, Even As Mortgage Rates Increase, American, Southwest Airlines Shore Up Finances Amid Pandemic, The Possibilities AND the Pitfalls of Remote Work, 10 Of America's Top CEOs Talk with IBT's Social Capital About How To Be Authentic, Ethereum has failed to break the key resistance at $370 and has stayed within $350, Bulls were able to protect the $350 level by preventing a drop to $340, Failure of these major supports could mean Ethereum would be visiting $310 soon. The coin will need to surmount this region, then hold it if it is to confirm more upside. It is a recently-launched blockchain network that uses a network of sidechains that are customizable by developers to facilitate a much better user experience than its predecessor. You’re bearish? Ethereum‘s price fell below $415 recently, and in doing so, it took the crypto-asset lesser time than it took when it was looking to climb that elusive range.

Unless that shows signs of slowing, we are on track for a multi-trillion dollar aggregate marketcap for the space.”, https://bitcoinist.com/a-drop-under-300-is-the-path-of-least-resistance-for-ethereum/?utm_source=rss&utm_medium=rss&utm_campaign=a-drop-under-300-is-the-path-of-least-resistance-for-ethereum, Sapphire (SAPP) Coins: Key Platform Developments About the KYANITE Fork and the Upcoming HELIODOR Fork, Crucial On-Chain Trend Suggests Bitcoin Could See a Trend Reversal, P2P Trading Resumes on Okex While Withdrawals Freeze Still in Effect: Tron Foundation Announces Cashout Plan for TRX Holders, $900 Imminent? Tip us some BAT Only a week ago, […] Break that level and the price could target $370 or $380 after a few days. Ethereum has much to gain from these fundamentals, especially as there is high yield-offering opportunities based on the network. Outlier Ventures reported that the number of Polkadot developments has begun to increase, boding well for the network.

When it was climbing all the way up to to $442, repeated red flags in terms of a drop in Daily Active Addresses had … BitStarz Player Lands $2,459,124 Record Win! This may drive capital into ETH as investors seek to capture the yield offered in the coin. Read More: Validators Drop Off Ethereum 2.0 Testnets as Mainnet Release Looms On Saturday, Oct. 17, the daily average fee on the Ethereum network hit a …

; If you like the Ethereum Referral Airdrop, don't forget to upvote and comment below. The first, CopyTrader, allows users to match top traders automatically, and is perfect for those users who are unsure about what cryptos to invest in. According to a Bloomberg article released on Oct. 17, Polkadot is an Ethereum blockchain killer.

Losses due to the decreasing hype surrounding decentralized finance, as well as key technical indicators, are looking to bring Ethereum down to $310 in the short term. The innovative platform began offering Bitcoin in 2014, and at the time of writing – mid 2018 – eToro has 10 cryptos available to buy outright. The coin currently trades for $375, around 25% below those highs. Cryptos | Sep 18, 00:18 GMT. ‘Bitcoin’s No Longer Optional’ — What Investors Say About Paypal Launching... Smart Advertising Token SaTT Gets Wrapped (WSATT) and On Boarded to... How Does the Halloween Strategy Influence Bitcoin (BTC) Price? Not to mention, Ethereum’s 2.0 upgrade is slated to begin in the near future with the rolling out of phase zero.

It is currently unclear how much of an effect a rising Polkadot will have on ETH. Buy + Hold + Wealth Drop the LTF bias.”, On-Chain Ethereum Trends Favor Bulls Despite 5% Drop From Local Highs, On-Chain Data Shows Mass Accumulation Among Ethereum Investors, The Crucial Level to Watch as Ethereum Prepares to Shoot Toward $700. “I’ve been trying to fight it but I think $275 to $300 $ETH is the path of least resistance. Unless that shows signs of slowing, we are on track for a multi-trillion dollar aggregate marketcap for the space.”. Click on 'Pro-Plan' in your dashboard. Ethereum has undergone a strong drop from its year-to-date highs at $490. The smart contract token plunged in tandem with Bitcoin, testing support at $365. “While developer interest in Bitcoin and Ethereum has declined, the number of monthly active developers building on Polkadot increased by 44% in the 12 months ended in May, the report found.”. While the crypto-asset was back above $400 at the time of writing, the latest price collapse in ETH’s value was far from surprising. Ethereum Just Shot Up $250 But Don’t Bet on That Resistance Breaking, Nick Chong

The asset is running up against critical resistances around $360-375. Ethereum is primed to drop lower as the cryptocurrency faces strong resistances above its current price, analysts say.

One trader recently shared a chart indicating that both the technicals and … Analysts say that the crypto asset is vulnerable to a drop under $300 in the coming weeks. On Sunday, further losses were stopped as bulls took the reins to keep the price within the $350 mark. Staying above this level would prevent massive downside. We use cookies to give you the best online experience.

While Bitcoin was rejected at the $9,800 resistance, Ethereum has continued to press higher. Could you be next big winner?

Share. Lead anchor Oliver Renick, at the end of his six-minute-long market wrapup, claimed that investors are more interested in owning Bitcoin than the equities.

Ethereum, at the time of writing, was valued at $390, which wasn’t surprising at all. Share on Facebook Share on Twitter Pinterest LinkedIn Tumblr Email. Over time, and by monitoring the top traders’ strategies, eToro clients can build up their trading experience and confidence. TheBitcoinNews.com is here for you 24/7 to keep you informed on everything crypto.

Ethereum 2.0 is expected to be one of the most …