The imminent launch of Ethereum 2.0 has long drawn the attention of cryptocurrency investors.Many investors have speculated that the blockchain’s transition to a Proof-of-Stake (PoS) consensus system will help onboard new investors due to its steaking incentives.It is also widely anticipated that the 2.0 version of the blockchain will help the cryptocurrency fix its scalability…
Ethereum could be well positioned to see some notable upside in the days and weeks ahead, despite its overt signs of weakness caused by its recent decline to the sub-$200 region.Analysts are now noting that its market structure still favors buyers so long as it maintains above $185, and that a continued defense of this…
Ethereum has seen a slight climb higher that has allowed it to surmount the $200 region. This momentum has been primarily rooted in that seen by Bitcoin, which tapped $10,000 overnight before seeing a slight decline that led it to $9,600.Although ETH has underperformed Bitcoin today, it is important to note that its climb above…
Ethereum’s price has been hovering around the lower $190 region in the time following its latest selloff that sent it to lows of $180.The second-largest cryptocurrency by market cap has been severely underperforming Bitcoin in recent times and has virtually erased all of the gains that came about as the result of its recent push…
Ethereum has entered another bout of sideways trading in the time following its recent rejection at $175, with ETH now establishing some significant support around the mid-$150 region, which is where it has been trading at for the past couple of days.In the near-term, it does appear that Ethereum is currently trading just a hair…
Ethereum is consolidating gains above the $170 and $165 support levels against the US Dollar. ETH price is likely setting up for another leg higher over the $175 resistance area.Ethereum is showing a few positive signs above the $170 support level.The price could gain bullish momentum once it clears the $175 resistance area.There is a…
Ethereum is currently correcting lower from the $176 monthly high against the US Dollar. ETH price remains well supported on the downside near the $162 and $158 levels.Ethereum is correcting lower and trading below the $170 level against the US Dollar, similar to bitcoin.The price is holding the main $162 and $158 support levels.There is…
Ethereum surged close to 20% and climbed above the $170 resistance against the US Dollar. However, ETH price is struggling to gain momentum above the 100-day simple moving average.Ethereum is up close to 20% and it broke the $155 and $165 resistance levels against the US Dollar.The price even tested the $175 resistance and the…
Ethereum is trading nicely above the key $140 support zone against the US Dollar. ETH price is showing a few positive signs and it could attempt to rally above $145.Ethereum is currently consolidating above the $140 support area against the US Dollar.The price is still struggling to gain bullish momentum above the $145 resistance.There was…
Ethereum is struggling to gain bullish momentum above the $145 resistance against the US Dollar, similar to bitcoin. ETH price must stay above the $140 support area to remain in an uptrend.ETH price is currently facing a strong resistance near $145 and $150 against the US Dollar.There is a crucial support forming near the $140…