The recent declines have seen
Ethereum trade below $ 370 for the second time this week.
Not exact matches
The
Ethereum price dipped
below $ 274, just three days after it
traded above $ 400 for the first time.
Ethereum fell
below the psychologically key $ 1,000 level again and
traded about 10 percent lower near $ 943, according to CoinMarketCap.
Ethereum Classic experienced some volatility today, but it continues to
trade slightly
below the $ 16 resistance after breaking the rising short - term trendline.
Ethereum Classic is alarmingly weak after the bounce,
trading well
below the long - term base formation.
Ethereum has been acting week throughout the weekend and the Independence day holiday, and the coin is still
trading below the $ 275 level and the declining short - term trendline, while several of the smaller coins are already in short - term uptrends.
Litecoin hit a new high in early
trading, while NEM and Dash were also relatively strong, with
Ethereum still being stuck
below $ 300 and Bitcoin
trading near the $ 2600 level throughout the week.
It later shed about $ 1,000, and by 11:35 a.m. ET it was only
trading up 14.7 % at $ 1,525, slipping back
below Ethereum's market cap.
As we pointed out yesterday in early
trading «
Ethereum got smashed
below $ 200 in what might have been the last panic move of the long - term correction that started almost a month ago».
Ethereum Classic continues to be the weakest major short - term,
trading in a steep downtrend after falling
below the long - term base formation near $ 13.50 The coin might remain stuck in the long - term downtrend so traders and investors should wait for some strength before entering new positions, despite the attractive price levels.
Key Highlights
Ethereum classic price started a downside move and
traded below the $ 28.00 support against the US Dollar.
Ethereum drifted higher in early
trading today, retaining its relative strength among altcoins, but the coin fell back
below the $ 750 later on as the broad selling pressure affected the coin.
An example of this is seen
below, which features a short
trade on the
Ethereum / US Dollar (ETC / USD) pairing on the platform of a currency
trading broker.
Ethereum Classic broke
below crucial support today in early
trading, and that means that it re-entered its prior
trading range.
Look for the
ethereum trading symbol in the price chart
below.
Ethereum, the second - largest cryptocurrency, also took a hit Monday, falling more than 5 % to
trade below $ 1,000 after once again passing the symbolic hurdle last week.
While most of the crash lows held up today in early
trading in the majors, especially in the case of the late leaders like
Ethereum and NEO, some of the relatively weaker coins are already
trading below the December minimums.
Ethereum has taken another milestone downwards to
trade below $ 400 on Thursday afternoon GMT.
Ether, the cryptocurrency of the
ethereum network, is currently
trading at around $ 381 - a price that is still
below the all - time high reported in June but higher than the gains reported earlier this week.
Ethereum price is extending its declines to
trade below the $ 650 major support level.
Ethereum prices are truly
trading below $ 400.00, scary as that might seem.
Ripple currently
trades at around $ 0.25 (for an exact amount see the widget
below), making it way less valuable than Bitcoin and
Ethereum.
Moving on to the second largest cryptocurrency,
Ethereum's Ether fell by more than 20 % to
trade below USD 880.
So, to help everyone better understand what their options are when it comes to finding and
Ethereum wallet, the features that they offer, and what you can expect out of your
Ethereum wallet,
below is a list of the top
Ethereum wallets that are available for consumers to begin buying,
trading, and holding
Ethereum.
In the meantime, though, nearly every major coin is
trading below its previous - day level, and the
ethereum price has snapped its streak of positive returns.
Ether, the underlying cryptocurrency of the
ethereum, has consistently
traded below the $ 300 level since September 12, and today's move signifes a break in the two - week lull seen since that date.
Cryptocurrencies have taken a battering recently; bitcoin is now
trading below $ 7,000,
Ethereum has fallen beneath the $ 400 barrier and, at the time of writing, the total market capitalisation of all digital currencies is just an iota above $ 250bn.
Meanwhile, all major cryptocurrencies are deep in red, with Bitcoin
trading well
below $ 9,000, down nearly 7 % on the day;
Ethereum has lost 5 % so far to
trade at $ 670, while Litecoin is at $ 166.00, with 6 % loss on the day.
Ethereum Ethereum is now
trading well
below the USD 400 level.
Ethereum Ethereum seems to be struggling and it is currently
trading below the USD 700 support.
On Monday, the
Ethereum price sunk
below the $ 800 mark and was
trading at $ 772 on Bitfinex at the time of writing.
The major cryptocurrencies entered a shallow correction during the weekend, and most of the coins are still
trading below their prior rally highs, with only
Ethereum Classic registering new highs.