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Day: November 1, 2023

Ethereum: Is sell pressure increasing?

cryptocurrency November 1, 2023

Advertisements ETH’s RSI and MFI went up last week, supporting its price uptrend.  However, metrics revealed that selling pressure on ETH was increasing. Ethereum [ETH] has lifted its price substantially over the last few days. Thanks to that, several investors and whales enjoyed profits. In fact, as per the latest data, a whale made millions […]

Ethereum futures premium hits 1-year high — Will ETH price follow?

cryptocurrency November 1, 2023

Advertisements ETH rallied alongside Bitcoin as new spot ETF news emerged, and the altcoin could benefit from the failure of its layer-1 competitors. Ether (ETH) price has declined by 14.7% since its peak at $2,120 on April 16, 2023. However, two derivatives metrics indicate that investors have not felt this bullish in over a year. […]

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