Ethereum, the second-largest crypto by market capitalization, is currently exhibiting signs of a bullish breakout, as observed by two prominent analysts in the crypto space. According to World Of Charts, Ethereum shows consolidation within a bullish pennant pattern. This technical formation typically suggests continuing an upward trend in Ethereum’s case. According to the analyst, if…
Ethereum price climbed higher above the $2,350 resistance. ETH outpaced Bitcoin and might even attempt a clear move above the $2,400 resistance. Ethereum is attempting a fresh increase above the $2,350 resistance level. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a key rising channel forming with support near…
Ethereum (ETH) is currently at a crossroads that could define its trajectory in the coming weeks. Renowned crypto analyst Michaël van de Poppe has shared a notably bullish perspective, highlighting Ethereum’s approach to its 2022 low as a potential springboard for a breakout. In his analysis, Van de Poppe underscores the importance of Ethereum’s current…
Ethereum price managed to stay above $2,170 and recovered losses. ETH consolidating and still facing many hurdles near $2,350 and $2,400. Ethereum is attempting a fresh increase above the $2,300 resistance level. The price is trading above $2,250 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with…
So far, Ethereum appears to be showing signs of an impending bullish run, according to Crypto Tony, a renowned analyst in the crypto space. Crypto Tony suggests that Ethereum’s journey to bullish momentum could commence if it successfully maintains its position above the crucial level of $2,130. Fortunately, the asset trades above this price level…
Ethereum price is struggling to clear the $2,300 resistance zone. ETH is showing a few bearish signs and might decline toward the $2,080 support. Ethereum is still struggling to clear the $2,280 and $2,300 resistance levels. The price is trading below $2,260 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line…
The total value locked (TVL) on Ethereum layer-2 networks recently hit a new all-time high in January, a testament to the continued adoption of Ethereum. Layer 2 networks sit on top of the Ethereum blockchain and help scale it by processing transactions off-chain before sending data back to the main blockchain. According to data from…
Ethereum price failed to recover further above the $2,300 resistance. ETH is showing a few bearish signs and might revisit the $2,080 support. Ethereum is struggling to clear the $2,280 and $2,300 resistance levels. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with…
Ethereum price tumbled and spiked below $2,000 on Kraken. ETH is now recovering above the $2,200 level, but the bears might be active near $2,300. Ethereum started a major decline and dived below the $2,200 support. The price is trading below $2,300 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line…
In a startling revelation by Scam Sniffer, the cryptocurrency world has been hit hard by a series of sophisticated phishing scams in 2023. The team behind the crypto security tool has reported that Wallet Drainers, a type of malware, have successfully siphoned off nearly $295 million from approximately 324,000 unsuspecting victims in the space. These…