Ethereum has been stealing more market share from bitcoin over the last couple of weeks. This is a result of the Merge announcement that took the space by storm about a month ago. Since then, interest in Ethereum has skyrocketed. But with the decline in price, investors are becoming warier about investing in the market.…
Ethereum is struggling to clear the $1,650 resistance against the US Dollar. ETH remains at a risk of more downsides below the $1,500 support. Ethereum attempted to clear the $1,650 resistance but failed. The price is now trading below $1,630 and the 100 hourly simple moving average. There is a key rising channel forming with…
The International Monetary Fund (IMF) published a study on the spike in positive correlation with Bitcoin (BTC), Ethereum (ETH), and Asian equities. The financial organization claims digital assets began an accelerated integration with the region during the pandemic as more people traded them looking to generate yield. From 2020 to its all-time high in 2021,…
In this episode of NewsBTC’s all-new daily technical analysis videos, we are looking at Ethereum ahead of the upcoming Merge using the ETHBTC monthly chart. Specifically, this episode looks at the Ethereum versus Bitcoin trading pair using the Parabolic SAR, Ichimoku Cloud, and much more. Take a look at the video below. VIDEO: Ethereum Versus…
Ethereum found support near the $1,520 zone against the US Dollar. ETH is attempting an upside correction and might eye a strong move towards $1,800. Ethereum remained well bid above the $1,520 level and corrected above $1,600. The price is now trading below $1,650 and the 100 hourly simple moving average. There is a key…
Ethereum price has witnessed a tough time lately, the altcoin logged heavy losses over the past one week. Broader market weakness could be blamed for the coin’s current price momentum. Bitcoin slid on its chart and was trading at $21,000 at the time of writing. Other altcoin also depreciated following BTC’s price action. Over the…
The hype around the Ethereum network had built up following the announcement that the Merge was scheduled to take place on September 15th if everything went according to plan. The price of ETH had seen a massive run-up off the back of the news, seeing it touch above $2,000, albeit briefly. However, as the weeks…
Ethereum declined heavily below the $1,750 support against the US Dollar. ETH is showing bearish signs and remains at a risk of more losses below $1,550. Ethereum started a fresh decline and traded below the $1,600 level. The price is now trading below $1,650 and the 100 hourly simple moving average. There was a break…
The crypto market is experiencing a correction with Bitcoin and Ethereum giving back their gains from previous weeks. The general sentiment in the sector was optimistic but could take a blow if main cryptocurrencies lose their current levels. At the time of writing, Ethereum (ETH) trades at $1,690 with a 10% loss in the last…
Many reactions and sentiments have been hovering around the Ethereum upcoming upgrade tagged the Merge. Different presentations of opinions crowd the crypto space on an individual and institutional basis. One of the significant displays was the mass accumulation of Ethereum tokens. Many believed that the price of Ether would rise due to the Merge. The…