Ethereum Watch

Advertisements ETH price struggles to flip $1,700 to support, but key derivatives data show bulls making plans to break through the resistance. The price of Ether (ETH) rallied 16% between Jan. 14 and Jan. 21, peaking at $1,680 before facing a 5.4% rejection. Curiously, the same resistance level resulted in a substantial correction in late […]

70% of Ethereum staked is controlled by staking services, which has raised concerns about decentralization. Revenue generated by Ethereum has increased despite a decline in trading activity. According to data provided by glassnode, it was observed that 70.86% of all Ethereum staked on the beacon chain was being staked by staking services such as Lido, […]

Advertisements ETH’s price has repeatedly failed to break above key trendline resistance, and now Ethereum risks losing strong technical support as well. Ether’s (ETH) rally versus Bitcoin (BTC) is not only showing signs of exhaustion but is also in danger of breaking below a key technical support level.  ETH slides vs. BTC in the second […]

Ethereum is consolidating gains above $1,600 against the US Dollar. ETH is showing positive signs and might start another increase above $1,650. Advertisements Ethereum is showing positive signs above the $1,620 and $1,600 levels. The price is now trading above $1,600 and the 100 hourly simple moving average. There is a key bullish flag forming […]