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Is Altcoin Season On? Right here’s What Glassnode Knowledge Says
Here’s what the “Altseason Indicator” from the on-chain analytics firm Glassnode says regarding if an Altcoin season is currently going on or not. What Altseason Indicator Says Regarding The Altcoin Season In its latest weekly report, Glassnode has discussed what the Altcoin season status for the cryptocurrency market has looked like recently. To check whether…
Whales Go All-In As Bitcoin, Ethereum ETFs Report $4.5 Billion Inflows
Whales are on the move again, and this time it aligns with one of the biggest ETF buying weeks of the year for Bitcoin and Ethereum. Both Spot Bitcoin and Ethereum ETFs returned to inflows last week, and data shows some whales addresses are also moving their crypto assets from exchanges and into self custody. …
Ethereum Value May Rally If It’s In a position To Reclaims The 100 SMA
Ethereum price started a recovery wave from the $2,820 zone. ETH is rising and now facing a major hurdle near the 100-hourly simple moving average. Ethereum found support at $2,820 and started a recovery wave. The price is trading below $3,050 and the 100-hourly Simple Moving Average. There was a break above a key bearish…
Ethereum Value Sinks Once more—Are Bulls Operating Out of Defenses?
Ethereum price failed to stay above $2,950 and declined again. ETH is now consolidating and might soon aim to attempt another recovery wave if it clears $2,850. Ethereum started a fresh decline below the $2,920 zone. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line…
Ethereum Rate Analysis: ETH Losing Bullish Momentum, Downsides Limited
ETH price struggled to stay above the $121 and $119 support levels against the US Dollar. This week’s followed major bullish trend line was breached with support at $121 on the hourly chart of ETH/USD (data feed via Kraken). There is a new connecting bearish trend line in place with resistance at $121 on the…
Ethereum Battle Persists: Will It Overcome The Struggles?
Este artículo también está disponible en español. Ethereum price struggled to continue higher above $3,420 and dipped. ETH is now approaching $3,150 and might struggle to start a fresh increase. Ethereum started a fresh decline from the $3,420 resistance zone. The price is trading below $3,250 and the 100-hourly Simple Moving Average. There was a…
Will “The Merge” Be A Buy The Report Offer The News Occasion For Ethereum?
Ethereum is coming into heavy resistance north of $1,900 as the cryptocurrency attempts to push further into previously lost territory. Today, ETH core developers announced a tentative date for the upcoming “Merge” event set for September 15 to 16, 2022, which could bolster bulls’ attempts to climb higher. At the time of writing, Ethereum’s (ETH)…
Polkadot Posts Highest Advancement Activity In Last 7 Days– An Increase For DOT Cost?
Polkadot (DOT) is experiencing a sharp price correction for the past days, painting its charts in red as it continues to struggle to find a solid footing and start climbing once again. At press time, tracking from Coingecko shows the crypto is trading at $6.11, going down by 1% over the last seven days, 5.1%…
Ethereum Rate Weekly Projection: ETH Bulls Dealing With Uphill Job
ETH price remained supported above the $200 level and recovered slightly support against the US Dollar. The price climbed above $220, but it faced a strong resistance near the $225 level. Earlier, there was a break above a major bearish trend line with resistance near $212 on the 4-hours chart of ETH/USD (data feed via…
File-Breaking GBTC Outflows Ship Bitcoin Down 14% To $62,000
As reported by Fortune Magazine, the cryptocurrency market has been experiencing significant volatility as Bitcoin (BTC) has experienced a sharp decline that has had a domino impact on other cryptocurrencies. The recent drop in the price of Bitcoin, coupled with outflows from Grayscale’s GBTC, has raised concerns among investors.  Bitcoin Sees 14% Correction From ATH…