Ethereum Watch

A Crest or trough trend per the exchange inflows could determine if ETH would succumb to a price decrease ETH approached the overbought region as directional movement was not firm Ethereum [ETH], the second largest cryptocurrency by market capitalization gained 8.74% in the last seven days. However, this increase could be short lived as per […]

Ethereum climbed higher and surpassed the $1,300 resistance zone against the US Dollar. ETH is consolidating gains and might aim more upsides towards the $1,400 resistance. Advertisements Ethereum was able to gain pace for a move above the $1,275 and $1,280 resistance levels. The price is now trading above $1,280 and the 100 hourly simple […]

Liquid staking platforms and their associated tokens are seeing a resurgence this week. Industry leader Lido is leading the pack as its LDO token skyrockets. Advertisements The newest narrative in the crypto ecosystem is liquid staking derivatives. They offer a more flexible way to stake and earn without locking up crypto collateral. Momentum for such […]

Investors sentiment toward Ethereum improved of late. Key metrics such as the MVRV ratio and long/short difference suggest that there may be some selling pressure on Ethereum in the coming days. Ethereum faced a lot of volatility over the past year, especially after the merge. However, according to Santiment’s recent data, the tides may soon […]

Ethereum Classic (ETC), a decentralized, open-source and blockchain-based cryptocurrency, might soon lose its current momentum that allowed it to become one of the top performing crypto assets for the past week. Advertisements A quick review at some data points for the digital asset reveals that it is currently trading at an overbought position which might […]

ETH might be a better cryptocurrency of the future than Bitcoin. The chances of a strong ETH rally are still low. Now that the crypto market has wrapped up a bearish 2022, crypto investors are likely re-evaluating their portfolios in preparation for the next 12 months. All sorts of opinions have been presented but one […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements ETH was in a short-term price correction. It could retest the $1,247 support or drop lower. A patterned breakout on the upside would invalidate the bias. Bitcoin’s [BTC] attempt to break the $17K […]

Advertisements Traders are contemplating what will happen to ETH price and staked Ether derivatives after the next network upgrade opens withdrawals for stakers. The crypto market witnessed the DeFi summer of 2020, where decentralized finance applications like Compound and Uniswap turned Ether (ETH) and Bitcoin (BTC) into yield-bearing assets via yield farming and liquidity mining […]

Advertisements Decentralized finance (DeFi) is a financial system built on top of blockchain technology that allows for financial services without traditional intermediaries DeFi is open, transparent, and secure, and offers greater financial inclusion and potentially more efficient and cost-effective services Potential drawbacks include complexity, lack of regulation, risk of losses, risk of hacking, and limited […]

Ethereum climbed higher and tested the $1,275 resistance zone against the US Dollar. ETH is consolidating gains and might aim a fresh move above the $1,300 resistance. Advertisements Ethereum struggled to climb higher above the $1,275 and $1,280 resistance levels. The price is now trading above $1,230 and the 100 hourly simple moving average. There […]