Ethereum has experienced a market pullback following bitcoin recently. Although the market remains in a downtrend, the digital asset has been holding up quite nicely. Ethereum has been trending above $2,800, almost 50% down from its all-time high. But a model suggests that three is a 4x movement in the near future of the digital…
Chainlink’s recent price action closely resembles a sharp pullback in Ethereum in 2017 during the crypto market bull run. If the booming decentralized oracle token continues to follow the top altcoin’s previous trajectory, $75 per LINK token might be possible as its next major peak. Chainlink Price Action Matches Another Top Altcoin’s Crypto Bubble Momentum…
Scott Matherson is a prominent crypto writer at NewsBTC with a knack for capturing the pulse of the market, covering pivotal shifts, technological advancements, and regulatory changes with precision. Having witnessed the evolving landscape of the crypto world firsthand, Scott is able to dissect complex crypto topics and present them in an accessible and engaging…
Ethereum has exploded with the same momentum that Bitcoin did earlier in November, now taking the altcoin’s recovery to over $600. The level is the last major resistance zone before an all-time high retest is due. Here is the level to watch for where a reversal could take place, or if it’s too late and…
Ethereum price started a fresh decline below the $1,820 support against the US Dollar. ETH is showing bearish signs and might decline further toward $1,700. Ethereum is currently moving lower below the $1,820 support zone. The price is trading below $1,800 and the 100-hourly Simple Moving Average. There are two bearish trend lines forming with…
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Ethereum gained bullish momentum and it cleared the $1,950 resistance against the US Dollar. ETH price tested $2,000 and it is likely to continue higher. Ethereum is extending gains and it recently tested the $2,000 resistance zone. The price is now well above the $1,950 support and the 100 hourly simple moving average. There is…
Ethereum started a fresh increase from the $3,400 support zone against the US Dollar. ETH price could accelerate higher once there is a clear break above $3,650. Ethereum started a fresh increase above the $3,500 and $3,550 resistance levels. The price is now trading above $3,550 and the 100 hourly simple moving average. There was…
Ethereum price started a fresh decline from $4,765. ETH is now trading below $4,650 and might extend losses if it stays below $4,620. Ethereum is now correcting gains below the $4,650 zone. The price is trading below $4,620 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with resistance at $4,610…
The hype around the Ethereum network had built up following the announcement that the Merge was scheduled to take place on September 15th if everything went according to plan. The price of ETH had seen a massive run-up off the back of the news, seeing it touch above $2,000, albeit briefly. However, as the weeks…