Ethereum price is trading in a positive zone above $1,850 support against the US Dollar. ETH could rally toward $2,000 if it stays above the $1,880 support. Ethereum is consolidating and facing resistance near the $1,925 level. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There is a key contracting triangle…
The native currency of Avalanche, AVAX, remains under pressure despite Circle’s effort to launch a facility that will enable the direct transfer of USDC between Ethereum and Avalanche blockchains. Avalanche (AVAX) Is Down 18% From April 2023 Peaks Avalanche is a smart contracting platform with sub-second transaction finality and a rival of Ethereum. However, considering the…
Ethereum, the second-largest cryptocurrency by market cap, is facing another bout of turbulence as it experiences a fresh influx of coins into exchange addresses. According to recent data, this surge in Ethereum inflows is reminiscent of a similar occurrence that coincided with a drop in the cryptocurrency’s value below the $2,080 mark. The question on…
Ethereum price saw swing moves from the $1,800 support against the US Dollar. ETH is again rising and might aim for a retest of the $2,000 resistance. Ethereum is showing a lot of strength above the $1,800 support zone. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There is a connecting…
Ethereum price started an upside correction from $1,800 against the US Dollar. ETH could continue to rise if it clears the $1,900 and $1,920 resistance levels. Ethereum is correcting losses from the $1,800 support zone. The price is trading above $1,850 and the 100-hourly Simple Moving Average. There was a break above a key bearish…
Ethereum’s (ETH) staking ecosystem has made headlines in the blockchain space since the recent Shanghai upgrade. As the crypto market continues to grow, Ethereum has emerged as a market leader in staking, offering some of the best yields and attracting more investors. But what exactly makes Ethereum’s staking so attractive? Ethereum Staking Goes Big According…
Ethereum (ETH) has seen a surge in price throughout April, and this increase has corresponded with a significant milestone for Ethereum’s Layer 2 networks: the total value locked (TVL) has surpassed $10 billion as of April 14, according to L2Beat, an analytics and research website about Ethereum layer 2 scaling. This marks a new record…
Ethereum price is showing bearish signs below $1,920 against the US Dollar. ETH could continue to move down if it clears the $1,800 support zone. Ethereum failed to recover and stayed well below the $1,920 resistance. The price is trading below $1,900 and the 100-hourly Simple Moving Average. There is a key bearish trend line…
CELR, the official native token of Celer Network, is down badly from its previous week’s highs of $0.031, recording a disappointing -16% in today’s trade session. While several cryptocurrencies have shown price weakness, the Celer Network token has been the biggest loser over the past 24 hours. In recent times, the general market sentiment has…
Loopring (LRC) prices remain under pressure, dropping roughly 20% days after announcing the launch of non-fungible token (NFT) Red Packet 2.0. Loopring Announces Red Packet 2.0 Loopring, a layer-2 decentralized exchange using zkRollups on Ethereum allowing traders to exchange assets, said NFT Red Packet 2.0, currently available on their Loopring Smart Wallet and the web app, let…