Ethereum rallied above $2,750 against the US Dollar. ETH price is now consolidating near $2,800 and might rise further above $2,850. Ethereum started a fresh increase above the $2,750 resistance level. The price is now trading above $2,750 and the 100 hourly simple moving average. There is a major bullish trend line forming with support…
Ethereum rallied above $2,700 against the US Dollar. ETH price is now consolidating near $2,800 and might start a short-term downside correction. Ethereum started a fresh increase above the $2,700 resistance level. The price is now trading above $2,700 and the 100 hourly simple moving average. There is a key bullish trend line forming with…
Ethereum rallied above $2,650 against the US Dollar. ETH price failed to settle above $2,700, trimmed gains, and now consolidating near $2,620. Ethereum started a fresh increase above $2,600, but it faced sellers above $2,700. The price is now trading above $2,600 and the 100 hourly simple moving average. There was a break above a…
In 2022, ethereum has been in a bearish trend. It has dropped 40% year to date, far more than the average cryptocurrency. ETH has a long history of being one of the best-performing cryptocurrencies. Since its introduction in 2016, it has largely outperformed Bitcoin, resulting in a narrowing of the market capitalization gap between the…
Bitcoin, Ethereum and even Dogecoin registered a spike in prices following Elon Musk’s tweet. The world’s richest person, Tesla and SpaceX Chief Executive Officer Elon Musk has been quite influential in terms of driving the price action of cryptocurrencies. In his recent tweet, Musk stated that he would not be selling his Bitcoin, Ethereum and…
Ethereum is consolidating below $2,600 against the US Dollar. ETH price must clear $2,600 and $2,620 to start a major increase in the near term. Ethereum is still struggling to clear the $2,600 and $2,620 resistance levels. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a major…
Ethereum continues to struggle after falling below $3,000. This price point was critical for bulls to hold and ever since bears dragged the price below it, it has been a continuous display of dips and crashes. For a cryptocurrency like Ethereum, there are resistance and support levels that are very important for the digital asset.…
Bill Barhydt, the CEO and inventor of the well-known cryptocurrency wallet service Abra, outlined why he believes Ethereum is a much better investment than Bitcoin. He has also set a price prediction of $40k for ETH, indicating his confidence in its future development. He also noted that Ethereum is utilized for a variety of reasons,…
Ethereum extended decline below the $2,525 support zone against the US Dollar. ETH price remained bid near $2,500 and currently attempting an upside break. Ethereum is still struggling to clear the $2,600 and $2,625 resistance levels. The price is now trading below $2,600 and the 100 hourly simple moving average. There is a key bearish…
Over the past week, the price surge in the LUNA token has caused it to rise to become the second most-staked primary digital currency in TVL leaving Ethereum behind. In addition, a data source reported this data showing that Terra’s LUNA coin passed the Ether coin, which currently has more than $28 billion in Total…