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Ethereum Price: Uptrend Continues as $215 Looms Near

A lot of interesting things are happening in the cryptocurrency world right now. Most of the top currencies face minor setbacks, although the Ethereum price seemingly continues its uptrend which began yesterday. Thanks to another small gain, the price is vastly approaching the $215 mark again.

Ethereum Price Bucks a Negative Trend

It is quite interesting to see how often the cryptocurrency price momentum tends to change in this day and age. For the most of 2018, all cryptocurrencies have gone down at the same time. Although that is largely happening again today, the Ethereum price is one interesting exception in this regard. It is still in the green, whereas all currencies near it in terms of market cap are in the low to mid red.

Considering how the Bitcoin price is going down, it is not entirely uncommon for Ethereum to note some small gains over BTC in the past 24 hours. More specifically, there is a 3.48% increase in the ETH/BTC ratio, which has not been too common throughout 02018. There is also a strong 3.25% uptrend in USD value, which is partially caused by the gains over Bitcoin.

This current Ethereum price trend seems to oppose the overall prediction a lot of experts hared in the past two weeks. Some people claimed the Ethereum price would go a slow as $140, although that has not materialized just yet. It is still possible something like that happen, although the current trend seems to paint a different story. Whether or not a near 50% drop can occur after this uptrend, is difficult to predict.

One thing possible influencing a new Ethereum price dip is the massive amounts of ETH being sold off by ICO projects. According to Richard Heart, EOS has liquidated most of its 654,000 ETH raised during their year-long crowdsale. It is possible a significant stake has been liquidated, although it remains to be seen how much money is still in play. This type of speculation can trigger another small dip, albeit it seems the dip is pretty much over, for now.

In more positive news, the BitPanda exchange has made a rather interesting announcement. The platform introduces full ERC20 functionality for select tokens. Although this has nothing to do with ETH directly, it may get some more people to exchange Ether to these tokens rather than dump Ether on exchanges. An interesting development regardless, although it may not introduce too many changes.

As is always the case in the cryptocurrency world, things are subject to change first and foremost. In the case of the Ethereum price, things can always change, even though the current trend seems rather bullish. If it keeps up for a while, an eventual price point of $250 will become more realistic. Weekends usually offer interesting trading behavior, and this week will be no different.

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Dogecoin Price – Gains Loom on the Horizon as Community Bands Together

The cryptocurrency markets have seen plenty of promising momentum throughout the previous weekend. As is usually the case, things fall apart the Monday after. Today is no different, even though the Dogecoin price remains relatively stable. The confirms the meme coin may see some positive price momentum as the week progresses. Dogecoin Price Remains Stable The past week has not been overly impressive for the DOGE’s price. Despite some positive momentum two weeks ago, last week was filled with small declines and sideways trading momentum. Not much has happened in the world of DOGE that week either, although this trend may be coming to change fairly soon. The current low price has some people excited to pick up some cheap DOGE. In terms of Satoshis, one DOGE sits at 86 Satoshi right now. That appears to be a rather solid entry point, as the altcoin hit 100 Satoshi a few weeks ago. Although the momentum did not last too long, it is not impossible things will head in a similar direction rather Lovely cliff top to buy for my regular Monday $doge purchase In at 86 satoshi #dogecoin #therealbitcoin — Bitty Cryptonius (@BittyCryptonius) September 24, 2018 The Dogecoin community has been working on a few interesting changes behind the scenes. So far, it has not impacted the price or its market cap just yet, although things are always subject to change in the world of cryptocurrency. On the “fun” front, a new Dogecoin paper bill is being created by enthusiasts on Reddit. This bill looks somewhat similar to more common Bitcoin paper wallets, as custom designs have been of great interest in this regard. The bill displayed on Reddit is quite neat and shows it may effectively bring a lot more attention to the Dogecoin ecosystem moving forward. Last but not least, the correlation between Dogecoin and racing is still in place, by the look of things. One Reddit user put a DOGE decal on his race car, which is competing in local races. Although it may not necessarily result in major exposure for the cryptocurrency, every small marketing push can help move things along in the future. As is usually the case, one has to wonder if the Dogecoin price will see any major improvements. As of right now, there is a 0.25% decrease in USD value, yet a 1.05% gain over Bitcoin. Things can get very interesting in this regard, assuming the positive momentum remains in place for some time to come. The markets will all see a healthy bounce this week, yet Dogecoin may be the one to lead the charge in this regard. Disclaimer: The above is not trading or investment advice. Always do your own research before investing in any cryptocurrency. The post Dogecoin Price – Gains Loom on the Horizon as Community Bands Together appeared first on NullTX.

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