Ethereum Watch

Advertisements One of Ether’s on-chain indicators signals the token has entered its bottoming out phase. Ethereum’s native token, Ether (ETH), underwent a sharp relief rally after falling to $880, its lowest level in eighteen months, on June 18. ETH price regains 30% in two days Ether’s price reached above $1,150 this June 19, marking 30%-plus […]

Ethereum dived towards the $880 support against the US Dollar. ETH is recovering and eyeing an upside break above the $1,150 resistance zone. Advertisements Ethereum started a decent recovery wave from the $880 support zone. The price is now trading above $1,000 and the 100 hourly simple moving average. There was a break above a […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements As macro-economic uncertainties fueled market-wide corrections, the crypto-market’s capitalization plunged below $900 billion. Over the week, Ethereum [ETH] broke down into high volatility after losing its $1,700-support. The recent bearish engulfing has significantly tarnished […]

Ethereum (ETH) has fallen below $1,000 for the first time in more than a year as the broader crypto market continues to slide south with no quick remedy in sight, or at least not yet. Advertisements Ether (ETH) was one of the cryptocurrencies that performed particularly poorly, falling 7.32 percent over the past day to […]

More than $1 billion worth of digital assets were liquidated on 16 June in the face of the crypto crash. Moreover, around $480 million was wiped out on centralized exchanges over the past 24 hours. The major VC firm, Three Arrows Capital, closed $400 million worth of positions and hundreds of millions in additional loans […]

The cryptocurrency market is still stunned by last week’s precipitous decline. In 10 days, Ether shed around 45 percent of its value. Advertisements On the four-day chart, the Ethereum (ETH) price has now returned to the historical RSI low recorded in 2018 when the cryptocurrency traded at $81. On Saturday, ETH values fell below crucial […]

Advertisements A 2018-like bearish cycle could have Ether drop toward $420 in the coming weeks. The price of Ethereum’s native token, Ether (ETH), careened below $1,000 on June 18 as the ongoing sell-off in the crypto market continued despite the weekend. Ether reached $975, its lowest level since January 2021, losing 80% of its value […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements USDT Dominance is a metric that measures the market cap of the stablecoin Tether as a percentage of the total market cap. This metric has risen from 5.7% to 8.13% in just over […]

Advertisements A brutal day of losses unfolds as Bitcoin crosses under its previous cycle high for the first time in history. Bitcoin (BTC) achieved a bear market first on June 18 as BTC price action gave up $20,000 support. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView BTC price crosses under 2017 all-time high Data from […]

Advertisements Two key Ethereum price metrics have yet to turn bearish, but it won’t take much to trigger an ETH drop below $1,000. Ether (ETH) price is down 37.5% in the last seven days and recent news reported that developers decided to postpone the network’s migration to a proof-of-stake (PoS) consensus. This upgrade is expected […]