Ethereum Watch

Advertisements ETH derivatives metrics and technical analysis point toward further downside for Ethereum price. Despite bouncing from a 45-day low on April 30, Ether (ETH) price is still stuck in a descending channel and the subsequent 9% gain over the past four days was just enough to get the altcoin to test the pattern’s $2,870 […]

Despite APE’s recent setback and a massive price correction, dominant buyers continue to show faith in the token. What’s going on here? Advertisements ApeCoin crashed from $24.86 to $16.73 following Saturday’s Otherside sale. One of the reasons could be the congestion caused on the Ethereum blockchain through the minting of Otherdeed NFTs. This resulted in […]

Ethereum started a decent increase above the $2,920 resistance against the US Dollar. ETH must clear $2,980 and $3,000 to continue higher in the near term. Advertisements Ethereum started a steady recovery wave above the $2,900 resistance. The price is now trading above $2,900 and the 100 hourly simple moving average. There is a major […]