After what has been two weeks of an incredible rally for the price of Ethereum, the digital asset seems to be running out of steam. ETH’s price has now declined once more below $1,600 after a sharp downturn on Tuesday. The culprit for this seems to be growing FUD across the community. FUD Could Have…
Ethereum started a downside correction below $1,600 against the US Dollar. ETH is down over 6% and remains at a risk of a drop below the $1,480 support. Ethereum is showing a few bearish signs below the $1,600 and $1,580 levels. The price is now trading below $1,600 and the 100 hourly simple moving average.…
Ethereum is consolidating gains above $1,600 against the US Dollar. ETH is showing positive signs and might start another increase above $1,650. Ethereum is showing positive signs above the $1,620 and $1,600 levels. The price is now trading above $1,600 and the 100 hourly simple moving average. There is a key bullish flag forming with…
The Ethereum price has been propelling itself considerably ever since Bitcoin crossed the $20,000 price mark. Over the last 24 hours, ETH has slightly moved down on its chart, depicting consolidated price action. Last week helped the Ethereum price move up by 6%. The coin finally broke past its consolidation at the $1,500 price level…
Ethereum climbed further higher above $1,620 against the US Dollar. ETH is consolidating gains and might aim another rally towards the $1,720 level. Ethereum is correcting gains from the $1,655 and $1,665 resistance levels. The price is now trading above $1,600 and the 100 hourly simple moving average. There was a break below a key…
Ethereum struggled to clear the $1,600 resistance and corrected lower against the US Dollar. ETH could remains supported and might rise from the $1,500 support. Ethereum is correcting gains from the $1,600 and $1,580 resistance levels. The price is now trading below $1,550 and the 100 hourly simple moving average. There was a break below…
Arbitrum and Optimism raked millions in profit despite the extended bear market that hammered decentralized finance (DeFi) activities and Ethereum (ETH) valuation in 2022. Arbitrum And Optimism Win Big Per on-chain data shared on Twitter, Arbitrum, and Optimism, general-purpose Ethereum layer-2 platforms, made 2,906 ETH and 2,086ETH, respectively. In USD terms, it translates to around $4.6…
Ethereum is consolidating gains above $1,500 against the US Dollar. ETH could start another increase and clear the $1,600 resistance zone in the near term. Ethereum is showing positive signs above the $1,500 and $1,520 resistance levels. The price is now trading above $1,550 and the 100 hourly simple moving average. There is a connecting…
Ethereum gained pace above the $1,500 resistance zone against the US Dollar. ETH is consolidating gains and might aim a fresh rally towards the $1,650 level. Ethereum started a decent increase above the $1,500 and $1,520 resistance levels. The price is now trading above $1,520 and the 100 hourly simple moving average. There is a…
Ethereum climbed higher above the $1,500 resistance zone against the US Dollar. ETH is consolidating gains and might rise further towards the $1,650 level. Ethereum started a fresh increase above the $1,450 and $1,500 resistance levels. The price is now trading above $1,500 and the 100 hourly simple moving average. There is a major bullish…