Ethereum price surged higher and broke the key $178 resistance area against the US Dollar.
ETH even cleared the $200 resistance level, opening the doors for more gains.
There was a break above a couple of bullish breakout patterns near $176 and $203 on the 4-hours chart (data feed from Coinbase).
The price could continue to move higher towards the $220, $225 and $240 levels in the near term.

Bestmixer Shut Down On Money Laundering Charges
Thursday May 23, 2019

Several regulators in the crypto space fear that digital currencies will be used to launder money. After cases like these, we can understand why. Money Laundering Is a Serious Crime Bestmixer.io in Europe has been seized by officials, who claim that the company was “washing” over $200 million in cryptocurrency funds and putting them into […]

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Ethereum price started a strong upward move above $178 and $200 against the US Dollar. ETH is following bitcoin and it could continue to surge towards $220 and $240 in the coming days.
Ethereum Price Analysis
This past week, Ethereum price started a fresh rally above the $178 and $180 resistances against the US Dollar. The ETH/USD pair gained bullish momentum above $180 and the 55 simple moving average (4-hours). The pair surged more than 15% and broke the $185 and $194 resistance levels. Finally, there was a clear break above the $200 barrier. Recently, bitcoin price gained heavily above $7,500, opening the doors for solid gains in ETH.
During the recent rise, there was a break above a couple of bullish breakout patterns near $176 and $203 on the 4-hours chart. The pair traded as high as $214 recently and it is currently consolidating gains. An immediate support is at $208 and the 23.6% Fib retracement level of the recent wave from the $191 swing low to $214 high. The main support is near the $203 level (the recent triangle break zone). It also coincides with the 50% Fib retracement level of the recent wave from the $191 swing low to $214 high.
In the short term, the price may dip towards $208 or $203. However, dips remains supported and the price is likely to bounce back above $210 and $215. A clear break above the $215 level could push the price towards the $225 level. The next key resistance is near the $240 level, where sellers are likely to appear. On the downside, the key support is near $198 and the 76.4% Fib retracement level of the recent wave from the $191 swing low to $214 high.

Daily Briefing: Team Liquid’s Axiomatic Raises New Funds, Quidd Features Panini NBA Collectibles
Wednesday April 24, 2019

Wednesday, Apr. 24, 2019 – A roundup of some of the key sports technology stories you need to know, including SportTechie’s own content and stories from around the web. Team Liquid Owner Axiomatic Raises $21.5 Million in Funding: Esports organization Axiomatic, which owns Team Liquid, has raised $21.5 million in funding, according to a recent

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Looking at the chart, Ethereum price is currently in a strong uptrend above $203 and $200. The bulls are likely to attempt a break above the $215 level in the short term. If they succeed, the next stop could be $225 or $240.
Technical indicators
4 hours MACD – The MACD for ETH/USD is currently gaining momentum in the bullish zone.
4 hours RSI (Relative Strength Index) – The RSI for ETH/USD is well above the 60 level and is moving higher.
Key Support Levels – $203, followed by the $196 zone.
Key Resistance Levels – $215 and $225.
The post Ethereum Price Analysis: Bullish Above $200, Next Target $240 appeared first on Live Bitcoin News.

Poll: Should The Bulls Be Looking To Trade Jabari Parker?
Friday December 14, 2018

The Chicago Bulls are reportedly “engaged in talks” with multiple teams on a potential trade that would ship Jabari Parker out of town before he’s even completed a half of a season with the team he signed a two-year $40 million deal with in the offseason. Bulls have engaged in talks with several teams regarding […]

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