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Day: January 4, 2023

Bitcoin analyst identifies new key levels as Ethereum price nears 3-week high

cryptocurrency January 4, 2023

Advertisements Fresh Bitcoin support and resistance levels crystalize amid an “extremely tight” trading range while ETH price action sets multi-week highs. Bitcoin (BTC) continued to work on cracking the $17,000 mark on Jan. 4 as an “extremely tight” trading zone held firm. BTC/USD 1-hour candle chart (Bitstamp). Source: TradingView $17,000 “possible” thanks to CPI print […]

Ethereum Price Gains Momentum, Why ETH Could Rise To $1,300

cryptocurrency January 4, 2023

Ethereum is moving higher above $1,220 against the US Dollar. ETH could rise further if there is a clear move above the $1,240 and $1,250 resistance levels. Advertisements Ethereum is attempting a fresh increase above the $1,200 and $1,220 resistance levels. The price is now trading above $1,200 and the 100 hourly simple moving average. […]

Assessing MakerDAO’s [MKR] health following its displacement by Lido

cryptocurrency January 4, 2023

MakerDAO had a system surplus at press time, indicating that the total debt owed was not more than the value of the collateral in the system Its displacement by Lido might be temporary due to its slipping grip on the ETH staking market Leading decentralized finance protocol (DeFi) MakerDao [MKR] provided users with an overview […]

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