Ethereum has entered a correction phase after weeks of aggressive buying pressure that pushed the price to a local high of $3,940. Following this rally, ETH has retraced over 12%, breaking below the $3,450 level as the market digests recent gains. The sharp pullback has sparked concerns of a deeper correction; however, on-chain data and…
Crypto analyst Marcus Corvinus has commented on the Ethereum price crash, providing optimism about the altcoin’s recent decline. The analyst explained the current price action and suggested that this was simply a minor setback before another parabolic uptrend to new highs. Related Reading Ethereum Price Action And ETH’s Next Targets In an X post, Marcus…
As the market soared in July, crypto hacks also saw a significant increase from the previous month, with crypto exchanges losing over $100 million in the past 30 days. This follows a concerning trend that has been developing this year, which suggests that theft from digital asset services could reach a new milestone by the…
Ethereum (ETH) dropped over 6% in the past 24 hours, sliding to around $3,630 after briefly touching the $3,800 mark. Related Reading The pullback comes after a robust July rally, which saw the world’s second-largest cryptocurrency surge more than 50%, its best monthly gain in three years. Despite the recent dip, on-chain data suggests the…
They say journalists never truly clock out. But for Christian, that's not just a metaphor, it's a lifestyle. By day, he navigates the ever-shifting tides of the cryptocurrency market, wielding words like a seasoned editor and crafting articles that decipher the jargon for the masses. When the PC goes on hibernate mode, however, his pursuits…
Ethereum has faced an 8% correction since Monday, cooling off from its recent rally and slipping below the key $3,850 level. This move suggests that the bullish momentum that carried ETH higher in July is beginning to fade, with price now entering a critical consolidation phase. Bulls are still holding key support levels, but the…
Keshav is currently a senior writer at NewsBTC and has been attached to the website since June 14, 2021. Keshav has been writing for many years, first as a hobbyist and later as a freelancer. He has experience working in a variety of niches, even fiction at one point, but the cryptocurrency industry has been…
Solana (SOL) is staging a potential comeback, rebounding 1% to $187.43 after triggering a TD Sequential buy signal at $178. This technical indicator, widely used to identify trend reversals, has sparked renewed bullish sentiment among traders, especially as SOL consolidates above the key $180 level. Related Reading The 4-hour chart shows diminishing bearish momentum, with…
Ethereum is once again approaching critical levels after a stretch of volatile yet bullish price action. Following a sharp rebound from yesterday’s low of around $3,675, ETH is now trading above the $3,800 mark, regaining momentum as traders eye a decisive move. While short-term volatility remains, the overall structure favors continuation—provided ETH can break cleanly…
Ethereum has struggled with the resistance at $4,000 over the last three years and has yet to make a definite break above this level. The constant rejection from here suggests that this is now the level to beat if the Ethereum price is to ever resume its campaign for new all-time highs from here. Given this, how…