Ethereum Watch

Advertisements Ether price is forming a bear pennant pattern whose profit target comes to be near $850. Ethereum’s native token Ether (ETH) slumped on June 16, suggesting that its relief rally coinciding with the Federal Reserve announcing it will hike the benchmark rate by 0.75%, is at risk. Ether bulls trapped? Ether’s price slipped by 9.2% to […]

The global crypto market cap has dropped by $369 billion in the past week. Ethereum [ETH], as it stands, took the biggest hit during the past week among the top 10 cryptocurrencies. But the question is- What conspired against ETH as it plunged to new lows on 15 June? Advertisements Welcome to the carnage For […]

Ethereum extended its decline and tested the $1,000 support against the US Dollar. ETH is recovering, but it must clear $1,280 to start a steady upward move. Advertisements Ethereum dropped towards the $1,000 level before the bulls appeared. The price is now trading below $1,280 and the 100 hourly simple moving average. There was a […]

Advertisements Key takeaways: Uniswap labs have welcomed the former President of the New York Stock Exchange, Stacey Cunningham, as an advisor. Ms. Cunningham served as the NYSE’s first female President between 2018 and 2022. Her appointment as advisor comes at a time when DeFi protocols are under increased scrutiny from regulators. Uniswap is also reportedly […]

Just a week can completely change the entire outcome in the cryptocurrency market. A report posted on 7 June, revealed that digital assets witnessed inflows last week despite the bearish run. This inflow amounted to $100 million bringing the total assets under management (AuM) to $39.8 billion. Advertisements But, the said inflow didn’t stay for […]

Ethereum remains in a bearish zone below $1,200 against the US Dollar. ETH could continue to move down unless it surges past the $1,280 resistance. Advertisements Ethereum remains in a downtrend below the $1,200 and $1,280 levels. The price is now trading below $1,250 and the 100 hourly simple moving average. There is a key […]

Advertisements ETH price has stalled around the $1,100 level, but several data points suggest the altcoin’s sell-off is far from complete. Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a 78% correction since the $4,870 all-time high on Nov. […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Ethereum [ETH] investors were displeased after its inability to maintain a position above the basis line (green) of its Bollinger Bands (BB) for over two months now. The after-effects of the recent Bitcoin rally […]

Advertisements Summary: Crypto tokens continue to bleed as market uncertainty persists. Market leaders Bitcoin and Ethereum dipped over 15% on Monday. BTC is down more than 6% in the last 24 hours and trades below $23,000. Technical analyst MagicPoopCannon predicted a leg down for BTC to the $20K or $22K level.  Another difficult week for […]

Ethereum Key Takeaways: Advertisements – ETH prices have plummeted below $1300– Selling pressure intensifies, which triggers the decline.– Dire price forecasts for ETH Having lost about 20 percent of its value over the past 24 hours and hovering around $1,200 on Monday morning, many crypto investors and market observers are prepared for a massive Ether decline […]