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Exchange Inflows Rock Bitcoin, Ethereum As Market Struggles To Recuperate
With the market in turmoil, digital assets such as Bitcoin and Ethereum are seeing their prices challenged in ways that have sent shivers down the spines of investors. The downtrend had triggered massive sell-offs that had sent prices towards yearly lows. Despite the volume already being sold off, sellers look to not be done yet.…
Ethereum Gets Ready For Ropsten Testnet Merge As Token Battles To Hold $2k Assistance
The Ethereum 2.0 update is generating a lot of buzz and interest, and we’re getting closer to its launch than ever before. Ethereum 2.0 Goes To Testnet Testing for Ethereum’s long-awaited Merge is progressing, though not at the rate that many had hoped. Testing on Ropsten, Ethereum’s largest and primary testnet, which has the closest…
This Expert Thinks Ethereum May Lose 80% Of Its Worth
According to a recent Bloomberg article, John Roque of 22V research believes that Ethereum might fall to $420, a loss of 80% from its present price, and here’s why. Ethereum May Fall 80% The trader believes Ethereum, which is presently trading at $2,000, is about to break through the support zone and will most likely…
Ethereum Hashrate Breaks All-Time High, Will Cost Follow?
Ethereum hashrate has been on the rise in recent times. The cryptocurrency has been one of the most profitable ventures for crypto miners and as more people flocked to enjoy some of the spoils, the hashrate has skyrocketed. It has now hit multiple all-time highs in just the space of May alone. However, the question…
TA: Ethereum Recovers $2K, Why Upsides Might Be Minimal Above $2.2 K
Ethereum found support near $1,700 against the US Dollar. ETH started a recovery wave and climbed above the key $2,000 resistance zone. Ethereum started a decent recovery wave above the $1,900 and $2,000 levels. The price is still trading below $2,150 and the 100 hourly simple moving average. There was a break above a major…
TA: Ethereum Dives 15%, Why Close Listed Below $2K Is The Secret
Ethereum gained bearish momentum below $2,000 against the US Dollar. ETH even traded below $2,000 and remains at a risk of more losses. Ethereum started a fresh decline below $2,100 and $2,000. The price is now trading below $2,100 and the 100 hourly simple moving average. There was a break below a key bullish trend…
TA: Ethereum Nears Breakout Zone, Why ETH May Start Healing
Ethereum started an upside correction from $2,200 against the US Dollar. ETH might gain bullish momentum if it clears the $2,400 resistance zone. Ethereum started an upside correction above $2,300 and $2,320. The price is still trading below $2,400 and the 100 hourly simple moving average. There is a key bearish trend line forming with…
TA: Ethereum Bears Goal Big After Current Breakdown Below $2.5 K
Ethereum started a major decline from the $2,700 zone against the US Dollar. ETH dived below $2,550 and might accelerate lower below the $2,420 support. Ethereum started a major decline after it failed to surpass $2,700. The price is now trading below $2,550 and the 100 hourly simple moving average. There is a key bearish…
Over 110,000 Traders Rekt As Crypto Market Sees $120 B Slashed Off
The crypto market recently saw a downturn that caused $120 billion to be taken off the total market cap in the space of a day. This obviously had caused panic across the market, triggering sell-offs from investors who were trying to save themselves from more losses. However, more than 110k traders would record hundreds of…
TA: Ethereum Takes Struck, Why ETH Might Plunge Listed Below $2,700
Ethereum started a major decline from the $2,970 zone against the US Dollar. ETH dived below $2,800 and might accelerate lower below the $2,700 support. Ethereum started a major decline after it failed to surpass $2,970. The price is now trading below $2,800 and the 100 hourly simple moving average. There was a break below…