Ethereum started a fresh decline after it faced rejection near $3,300 against the US Dollar. ETH price could extend decline towards $3,000 in the near term. Ethereum started a fresh decline after it faced rejection near $3,280 and $3,300. The price is now trading below $3,220 and the 100 hourly simple moving average. There is…
The school of thought that Ethereum will one day flip Bitcoin is one that has been around for a while. Although debates around this have subsided following the bull rallies that rocked last year. However, it seems not everyone has forgotten about this. One of those is Galaxy Digital’s trading co-head Jason Urban. The trading…
Ethereum found bids near the $3,140 zone and corrected higher against the US Dollar. ETH price must clear $3,325 and the 100 hourly SMA to start a decent increase. Ethereum traded as low as $3,143 and is currently correcting higher. The price is now trading below $3,300 and the 100 hourly simple moving average. There…
Ethereum extended losses below the $3,300 support zone against the US Dollar. ETH price even traded below $3,200 and might continue to move down. Ethereum started a major decline from the $3,450 resistance zone. The price is now trading below $3,200 and the 100 hourly simple moving average. There is a key bearish trend line…
In a couple of months, Ethereum should fully deploy its Proof-of-Stake (PoS) capabilities with “The Merge”. The network continues to dominate the decentralized finance (DeFi) and non-fungible token (NFT) sector, some of the most important innovative trends in the crypto industry. Related Reading | The Last Time This Bitcoin Indicator Turned Bullish It Saw a…
Ethereum could re-test its support zone as the general sentiment in the crypto market hints at further losses. The second crypto by market cap has been leading this current rally with Solana (SOL), Avalanche (AVAX), and other large cap cryptocurrencies. Related Reading | Arthur Hayes’ Crystal Ball Predicts: Ethereum To 5 Digits In the coming…
Ethereum remained stable above the $3,400 level against the US Dollar. ETH price is rising and eyeing an upside break above the $3,550 resistance zone. Ethereum started a fresh increase after it tested the $3,400 support zone. The price is now trading above $3,500 and the 100 hourly simple moving average. There is a connecting…
Ethereum gained pace above the $3,500 resistance against the US Dollar. ETH price is consolidating and might eye more gains above the $3,550 resistance. Ethereum started a fresh increase after it cleared the $3,450 resistance. The price is now trading above $3,500 and the 100 hourly simple moving average. There is a key rising channel…
Former BitMEX CEO Arthur Hayes published a prediction for Ethereum. In a post titled “Five Ducking Digits”, Hayes makes the bullish case for the second cryptocurrency in terms of market cap. Related Reading | Ethereum Bullish Signal: 1.2 Million ETH Exited Exchanges Recently At the time of writing, Ethereum trades at $3,400 with a 5%…
Ethereum on-chain data shows more than 1.2 million ETH has exited exchanges over the past two weeks, a sign that could be bullish for the price of the crypto. Ethereum Exchange Reserve Has Observed Significant Decline In The Last Couple Of Weeks As pointed out by an analyst in a CryptoQuant post, the ETH exchange…