Ethereum Watch

Advertisements Ethereum price has stalled below $400 but ETH options data suggests the altcoin will push through the resistance level soon. Ethereum (ETH) options open interest increased by 5 fold over the past three months to reach $337 million.  Although this figure pales in comparison to the current $1.8 billion Bitcoin (BTC) options market, Ether […]

Advertisements How Bitcoin’s third halving, Ethereum 2.0’s launch and the COVID-19 pandemic are affecting the crypto mining industry. Although over two months have passed since the halving happened on the Bitcoin network, the crypto mining industry is still heaving from the frantic pace of events that have followed suit. The rollercoaster of hash rates has […]

Advertisements In summary: Ethereum’s price is consolidating below $400 and above the $365 support zone.  A loss of $365 for ETH could break Ethereum’s bullish run in the crypto markets.  $365 was Ethereum’s peak value in 2019.  However, if Bitcoin maintains its course above $11,500, Ethereum could have a chance at rekindling its bullish drive.  […]

For the umpteenth time in the past week, Ethereum was rejected at the critical $400 resistance during Saturday’s rally. The cryptocurrency failed to decisively hold above that level despite the rallying in the value of altcoins. As of the time of this article’s writing, ETH trades for $395, just shy of the aforementioned resistance. Advertisements […]