Ethereum Watch

Ethereum price is attempting a recovery wave from the $2,865 support. ETH might start a fresh surge if it clears the $2,960 resistance zone. Advertisements Ethereum remained stable and attempted a recovery wave above $2,900. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There was a break above a major bearish […]

This week is key for the crypto market, as several pieces of news will show the industry players’ direction.  Advertisements From inflation data to legislation would affect the crypto industry, and even updates on spot Ethereum ETFs and the US Securities and Exchange Commission (SEC) lawsuit against Ripple. Wednesday’s US Consumer Price Index This week, […]

Ethereum’s Netflow got more positive. ETH was close to entering the $3,000 price zone. Recent data indicates that one of the early Ethereum [ETH] holders has transferred millions of dollars worth of ETH to an exchange. Advertisements While this movement was relatively small, it could contribute to the positive Netflow trend that ETH has been […]

A long-standing Ethereum investor known by their wallet address 0x2ce recently transferred a significant quantity of Ethereum (ETH) to Coinbase. Advertisements This movement involved 4,153 ETH, valued at approximately $12.17 million, based on the current exchange rate of $2,931 per ETH. Are Long-Term Ethereum Investors Cashing Out? Initially, 0x2ce sent the funds to an intermediary […]

Ethereum price is gaining bearish momentum below $2,950. ETH might continue to move down toward the $2,550 support in the near term. Advertisements Ethereum struggled to clear the $2,950 resistance and started a fresh decline. The price is trading below $2,920 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming […]

The positive reading of the bulls and bears indicator suggests that the price might increase. Ethereum’s network was overvalued and could hinder the potential upswing. The price of Ethereum [ETH] might have decreased by 7.30% in the last 24 hours, but an assessment of a key indicator suggested that the decline might soon end. Advertisements […]

Ethereum (ETH) tumbled 6.45% in the past week, marking a rough stretch for the world’s second-largest cryptocurrency. Generally, Ether has left investors much to desire in recent times with a price decline of 16.57% over the last few months. Amidst this bearish market, a crypto whale has sold off all his Ethereum tokens drawing much […]

Ethereum’s fees hit a six-month low in the past seven days. ETH was down by 6%, and metrics looked bearish.  As L2s gain popularity, Ethereum’s [ETH] network usage plummets, reaching a six-month low. Advertisements This aligned with Vitalik Butarin’s 2020 roadmap, which aimed to enhance scalability by offloading transactions from the mainnet. In the meantime, […]

The crypto market has recently witnessed a downturn, marked by significant price drops in major assets like Ethereum and Bitcoin. Advertisements Particularly, Ethereum (ETH) seems to be grappling with pronounced bearish trends, leading many crypto analysts to predict further declines for the second-largest crypto by market capitalization. Ethereum Risks Falling to $2500 According to a […]

The number of new ETH staked daily has dropped on the charts This can be attributed to the altcoin’s meek price performance The daily amount of new Ethereum [ETH] staked fell to a year-to-date (YTD) low on 6 May, according to Glassnode’s data.  Advertisements Information from the on-chain data provider revealed that the number of […]