Ethereum price is up over 7% and trading above $2,000 against the US Dollar. ETH gained pace after XRP jumped over 80% and cleared $0.90. Ethereum is up over 7% from the $1,850 support zone. The price is trading above $1,980 and the 100-hourly Simple Moving Average. There was a break above a key contracting…
The price of PEPE coin has experienced a significant decline, plummeting over 60% since reaching its peak on May 5. This substantial downturn has dealt a heavy blow to optimistic investors who were aiming to capitalize on their impressive triple-digit profits from June. The latest insights from on-chain data suggest massive whale movement. In light…
Shiba Inu (SHIB) has made significant strides in the digital asset market, currently holding a market capitalization of over $4.4 billion. This remarkable achievement has propelled SHIB to claim the 18th position among the largest cryptocurrencies. Over the course of the past month, SHIB has witnessed a substantial increase in market capitalization. From June 13…
Ethereum price failed again to clear the $1,900 resistance against the US Dollar. ETH is declining and might revisit the $1,825 support zone. Ethereum topped near the $1,900 resistance and declined. The price is trading below $1,880 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support…
Solana (SOL) has recently made a significant breakthrough, successfully shattering both long-term and short-term resistance lines and marking a pivotal moment for the cryptocurrency’s future. Resistance lines are an essential concept in technical analysis that represent price levels where selling pressure historically outweighed buying pressure, resulting in a temporary halt or reversal in an asset’s…
Ethereum price is consolidating below the $1,900 resistance against the US Dollar. ETH could attempt another increase unless there is a close below $1,825. Ethereum is trading in a range above the $1,850 level. The price is trading above $1,870 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…
At the time of writing, ETH was priced at $1,870. The daily chart indicated a potential breakout as the price approached the upper boundary of a rectangle pattern. The crucial overhead resistance for Ethereum was identified at $1,880. If the price managed to surpass this level, it could potentially exceed $1,900 and ultimately reach the…
MetaMask developer ConsenSys plans to deploy its layer-2 network, Linea, on the main Ethereum network this week. Linea incorporates the use of zero-knowledge (ZK) cryptography, which is regarded as one of the most significant blockchain trends of the year. Zero-knowledge (ZK) cryptography, provides more cost-effective and expedited blockchain transactions. This layer-2 network aims to improve…
Dogecoin (DOGE) experienced a substantial surge on the price chart towards the end of June. However, despite this notable increase, it failed to ward off the sellers who swiftly entered the market. Can Dogecoin regain its momentum and rise again, or will it succumb to the mounting pressure from the bearish sentiment? Bitcoin (BTC) also…
PEPE recently reached a new peak, driven by the significant hype surrounding Bitcoin Exchange-Traded Funds (ETFs). However, as the initial excitement surrounding ETFs subsided, Bitcoin (BTC) experienced a period of fluctuation. Notably, during this time, PEPE has been gradually making lower highs. Amidst these fluctuations, it becomes essential to examine the underlying factors that have…