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Day: July 27, 2022

cryptocurrency July 27, 2022

Advertisements ETH price hit resistance at the $1,600 level, but this is not stopping options traders from opening fresh leveraged longs. Ether (ETH) is down 11.5% in seven days even after the recent confirmation of the “Ethereum merge” transition to a proof-of-stake (PoS) consensus network in September. During the Ethereum core developers conference call on […]

cryptocurrency July 27, 2022

The month of July is coming to an end. Traders and long-term investors were hopeful of a strong recovery. But that didn’t materialize. Consequently, Ethereum couldn’t sustain its short-term gain. By looking at the market condition, it is probable that things may not get better for the king alt until the fourth quarter begins. Advertisements […]

cryptocurrency July 27, 2022

Advertisements ETC’s ongoing price rebound looks eerily similar to a bull trap event from 2021. Ethereum Classic (ETC) continues to reap benefits from its blockchain rival Ethereum’s upcoming transition from proof-of-work (PoW) to proof-of-stake (PoS).  Vitalik Buterin likes Ethereum Classic Notably, ETC’s price jumped by a little over 20% to reach $27.50, two days after […]

cryptocurrency July 27, 2022

Ethereum declined towards $1,350 before recovering higher against the US Dollar. ETH is now facing a major resistance near the $1,460 and $1,500 levels. Advertisements Ethereum extended losses and traded below the $1,400 level. The price is now trading below $1,460 and the 100 hourly simple moving average. There is a major bearish trend line […]

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