After experiencing a notable rally yesterday, Ethereum lost its momentum and retraced a significant amount of these gains, with the crypto plunging back to its recently established support at $180 as it flashes some signs of weakness.It is important to note that bulls have established the price region just below where Ethereum is currently trading…
Ethereum has been able to significantly extend its recently established momentum today, with the cryptocurrency rallying all the way up to highs of $183 after a short-lived period of sideways trading around $170.The extension of this uptrend has allowed Ethereum to surmount a massive high-time-frame resistance region that bulls are currently in the process of…
Ethereum has gained what appears to be a solid foothold within the $170 region in the time following its recent upswing, with its intense outperformance of Bitcoin and most of its peers allowing it to form a highly bullish short-term market structure.Analysts are now noting that ETH is showing some of the largest bullish divergence…
Ethereum has been one of the best performing cryptocurrencies throughout the course of the recent uptrend that was incurred yesterday evening, with ETH’s bulls propelling the crypto up nearly 10%.This intense uptrend has come shortly after new data was released showing a massive influx of institutional money into ETH, which could be a sign that…
Ethereum and the aggregated cryptocurrency market saw a sharp overnight decline that came about after Bitcoin lost the support that had been established at $7,000. This plunge has caused ETH to underperform BTC and many other altcoins, with its bulls currently attempting to establish support.Presently, Ethereum is pushing up against a massive buy wall on…
After incurring an incredibly intense uptrend that led Ethereum to highs of over $175 yesterday, ETH has lost some of its momentum and has declined below $170, with this drop coming about concurrently with that seen by Bitcoin overnight.In the near-term, it does appear that ETH’s bulls may have slightly overextended themselves, as the crypto…
The recent market-wide uptrend that was sparked when Bitcoin broke above $7,000 yesterday has proven to be particularly beneficial for Ethereum, which has posted some massive gains as it continues outperforming BTC and most other major altcoins.In the near-term, it does appear that this momentum will extend significantly further, as one fundamental indicator shows that…
Ethereum continues to struggle amidst the current vicious and volatile market environment caused by the coronavirus outbreak and recession on the horizon.But following a historic market collapse that wiped out nearly all of the asset’s gains thus far this year, Ethereum may finally be ready for a violent reversal after a pair of dragonfly doji…
Ethereum has been caught within a tempered uptrend in the time following its recent rally from sub-$100 lows, with the cryptocurrency forming a very strong correlation to Bitcoin – which has been firmly guiding the markets throughout the past several months.It now appears that one fundamental metric is flashing a highly bullish sign for Ethereum,…
Bitcoin saw a notable upswing overnight, which led Ethereum and most other major altcoins to rise in tandem. This rally has pushed ETH up to a key resistance level that its buyers are currently attempting to surmount.Analysts are now noting that the crypto could be positioned to see an explosive movement past this resistance, with…