Bitcoin and Ethereum had a rough week, but derivatives data reveals a silver lining

Coinbase enables users to fund wallets from Chrome browser extension

It’s an especially simplified process for American and Canadian Coinbase users, who can use their debit cards for transfers.

TA: Ethereum Remains In Uptrend, Why ETH Could Surpass $3,600

Ethereum gained pace above the $3,500 resistance against the US Dollar. ETH price is consolidating and might eye more gains above the $3,550 resistance. Ethereum started a fresh increase after it cleared the $3,450 resistance. The price is now trading above $3,500 and the 100 hourly simple moving average. There is a key rising channel forming with support near $3,455 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start another increase if it manages to stay above the $3,400 support zone. Ethereum Price Eyes More Gains Ethereum remained well bid above the $3,400 pivot level. ETH formed a base and started a fresh increase above the $3,450 resistance zone. There was a clear move above the $3,500 level and the 100 hourly simple moving average. The price even spiked above the $3,550 level and traded as high as $3,580. The price is now correcting lower and consolidating near the $3,500 level. There was a move below the 23.6% Fib retracement level of the upward move from the $3,215 swing low to $3,580 high. However, ether is stable above the $3,480 level. There is also a key rising channel forming with support near $3,455 on the hourly chart of ETH/USD. On the upside, the price is facing resistance near the $3,525 level. The next major resistance is near the $3,575 level. Ether price must clear the $3,575 resistance to start a fresh surge. Source: ETHUSD on TradingView.com In the stated case, the price could even surpass $3,600. The next major stop for the bulls on the upside may perhaps be $3,680. Dips Supported in ETH? If ethereum fails to start a fresh increase above the $3,525 level, it could continue to move down. An initial support on the downside is near the $3,500 zone. The next major support is near the $3,425 level and the 100 hourly simple moving average. The main support is near the $3,400 zone or the 50% Fib retracement level of the upward move from the $3,215 swing low to $3,580 high. A downside break below the $3,400 support zone might push the price towards the $3,220 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is slowly losing pace in the bullish zone. Hourly RSI – The RSI for ETH/USD is now above the 50 level. Major Support Level – $3,400 Major Resistance Level – $3,575

3.6M Americans to use crypto to make a purchase in 2022, research firm predicts

Analysts from Insider Intelligence believe that crypto’s transactional value will increase by 70 percent in 2022.