Ethereum-based decentralized applications (DApps) continue to draw industry attention as the world’s fifth-largest electrical company tests new solutions pushing Ethereum price up.
The two crypto Mavericks have finally sealed the terms of the bet. While Ethereum co-founder Joseph Lubin is hopeful on the future of DApps, hardcore Bitcoiner Jimmy Song remains highly critical about it.
Through the partnership of a payments startup Flexa and Winklevoss’ Gemini, customers of Amazon’s Whole Foods, Starbucks, Baskin Robbins, and other major retailers can use Bitcoin, Ethereum, Bitcoin Cash, and Gemini Dollar for payments.
The breaking up of $210 level by the Bulls’ momentum will expose the supply level of $218. In case the Bears defend the $210 level, Ethereum price may pull back to $201 level.
In case the Bulls do not lose their momentum and the $178 level does not hold, Ethereum price may reach the previous high of $186 level. Should the Bears defend $178 level, the price may be pushed down to $167 level.
The U.S. Commodity Futures Trading Commission (CFTC) said they are willing to approve Ethereum futures contract – provided it does everything right.
In case the Bulls lose their momentum and the $187 level does not hold, the Bears will push Ethereum price down to $178. However, a further increase in the Bulls’ momentum may push up the price to break up $194 level and expose $201.
In case the Bears maintain or increase their pressure and $159 level does not hold, Ethereum price may decline to $150 level. Should $159 level hold, the price may bounce and the Bulls may take over.
Ethereum price may find its support at a previous low of $150 In case the Bears increase their pressure and $159 price level is penetrated. ETH price may increase towards $178 price level in case $167 price level is broken up by the Bulls.
Crypto-Twitter is known for its hysterics. Elon Musk challenged this fact when he just tweeted “Ethereum”, and it went in a frenzy as expected, being re-tweeted more than 3000 times in only 2 hours.
Binance published their new Research Report in which they took on a different approach in understanding crypto assets. The research showed Bitcoin and Ethereum move in lockstep and the XRP price is the least correlated to other top cryptoassets.
Nora Mork, a tech and business journalist, shares her list of six most promising cryptocurrencies you should definitely keep an eye on in 2019.
In case the Bears maintain or increase their pressure and $159 level does not hold, Ethereum price may decline to $150 level. Should $159 level holds, the price may bounce and the Bulls may take over.
A bullish breakout at the supply level of $178 will make Ethereum price to reach $186. Likewise, a bearish breakout at the demand level of $168 will make the ETH price decline towards $159 price level.
David Schwartz, the Chief Technology Officer of Ripple, hinted that Ethereum’s Vitalik Buterin might have accomplished great things if he had joined the company before creating Ethereum.