Ethereum price declined heavily and traded below $2,550. ETH could start another increase if it stays above the $2,400 support zone. Ethereum started a major decline below the $2,650 and $2,550 levels. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at…
Ethereum price is correcting gains from the $2,820 resistance. ETH could start another increase unless there is a close below the $2,645 support. Ethereum is correcting gains below the $2,780 and $2,750 levels. The price is trading below $2,720 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line…
Crypto analyst CrediBULL Crypto has provided deep insights into what to expect from the Ethereum price action going forward. The analyst predict that the second largest crypto token by market cap will still rise to $3,000 but noted that a crash will happen first. Ethereum To Rise To $3,000 Soon Enough In an X (formerly…
Ethereum price is consolidating above the $2,700 resistance. ETH could gain bullish momentum if it clears the $2,785 resistance zone. Ethereum is struggling to gain pace for a move above the $2,800 level. The price is trading above $2,700 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support…
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms…
Ethereum, similar to most altcoins, is under significant selling pressure, struggling to shake off the weakness of early August. Even though there were flashes of strength after the climactic sell-off on August 5, prices are still below $2,800. The only positive for now, at least looking at the daily chart, is the impressive bulls’ resilience.…
Ethereum price is consolidating above the $2,550 resistance. ETH could gain bullish momentum if it clears the $2,650 resistance zone. Ethereum is struggling to gain pace for a move above the $2,650 level. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at…
Dalmas, a seasoned crypto reporter, brings a unique perspective to the industry. His specialization in NFTs, blockchain, DeFi, and blockchain news for NewsBTC, combined with a background in mechanical engineering and over a decade of experience in journalism, has allowed him to craft over 10,000 news and feature articles over the past eight years. His…
The worst looks to be over for Ethereum (ETH), as certain metrics suggest that the bottom is already in for the second-largest crypto by market cap. Based on this, ETH looks to be headed for a new all-time high (ATH), surging past its current ATH of $4,800. Ethereum MVRV Shows Bottom Is In Data from…
As the cryptocurrency market continues to navigate a mixed period of price stagnation and volatility with no clear path forward, all eyes are on the highly anticipated Pectra upgrade for the Ethereum (ETH) network. Scheduled for the first quarter of 2025, this major upgrade is gaining significant attention from bullish analysts who believe it could…