Ethereum failed to clear the $1,300 resistance zone against the US Dollar. ETH is declining and there is a risk of a drop below the $1,265 support. Ethereum is still showing bearish signs below the $1,350 and $1,320 support levels. The price is now trading below $1,300 and the 100 hourly simple moving average. There…
The two largest cryptocurrencies by market cap, Bitcoin and Ethereum, have seen a significant rise in their open interest in the last couple of weeks. This comes even when the market is seeing struggling prices and investors have begun to take more conservative positions in the market. The drastic increase in the open interest across…
The crypto market woes from September look to have spilled onto October and going against the historical trend of October being a rather bullish month. September had seen the crypto market close with muted performances, but there has not been much change for the new month. Almost two weeks into the month, and it is…
The Ethereum price has been trending to the downside after its successful implementation of “The Merge” and its transition to a Proof-of-Stake (PoS) consensus. Launched back in September on mainnet, ETH’s price has been losing bullish momentum since then. At the time of writing, the Ethereum price trades at $1,298 with sideways movement during today’s…
Ethereum tested the key $1,265 support zone against the US Dollar. ETH might correct higher, but upsides could face hurdles near $1,300 and $1,310. Ethereum remains in a bearish zone below the $1,350 and $1,320 support levels. The price is now trading below $1,300 and the 100 hourly simple moving average. There was a break…
XRP has maintained a daily calmness but emerged as the week’s top performer. The token took to the north with 18% weekly gains as the price crossed the $0.5 mark before falling. Also, other altcoins have been making slight losses daily in the past week. The crypto market is witnessing a drastic twist in the…
Ethereum declined below the $1,300 support against the US Dollar. ETH is showing bearish signs and there is a risk of a more losses towards $1,200 or even $1,150. Ethereum started a fresh decline below the $1,350 and $1,320 support levels. The price is now trading below $1,300 and the 100 hourly simple moving average.…
All eyes have been on the Ethereum network since it moved from a Proof of Work (PoW) to a proof of Stake (PoS) mechanism. Granted, the digital asset’s price hasn’t done as well as many had predicted it would after the upgrade but the new functions of the network remains fascinating. Now, Ethereum has marked…
Ethereum is having a good week, staying in the green zone of the crypto space for the past seven days and raising its price by 3.7%. Ethereum is currently caught in an inverted pennant pattern A resumption of the bearish trend is highly possible for the altcoin $1,130 might be new support marker for Ethereum…
Ethereum declined below the $1,350 support against the US Dollar. ETH could start a steady increase if there is a clear above the $1,350 resistance. Ethereum started a fresh decline after it failed to clear the $1,385 resistance zone. The price is now trading below $1,350 and the 100 hourly simple moving average. There was…