Ethereum Watch

Ethereum price is struggling to clear the $3,840 resistance zone. ETH could gain bullish momentum if it clears the $3,840 and $3,880 resistance levels. Advertisements Ethereum is holding gains above the $3,720 level. The price is trading above $3,750 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support […]

Year-to-date inflows into crypto products have surpassed $15 billion. Ethereum recorded its second week of inflows. Digital asset investment products recorded inflows totaling $185 million last week, marking the fourth consecutive week of inflows, digital asset investment firm CoinShares found in its new report. Advertisements Although this marked an 82% decline from the $1.05 billion […]

Ethereum price is showing a few bearish signs below the $3,840 support. ETH could gain bearish momentum if there is a clear move below $3,700. Advertisements Ethereum extended its decline and tested the $3,700 zone. The price is trading below $3,840 and the 100-hourly Simple Moving Average. There was a break below a key bullish […]

The US Securities and Exchange Commission (SEC) approving Ethereum spot ETFs was a big step for the cryptocurrency market. Advertisements The regulator’s decision followed the earlier approval of Bitcoin spot ETFs, which led to a massive inflow of capital into BTC. Ethereum ETFs Could Record Massive Inflows After Launch A prominent crypto researcher Bobby Banzai […]

Ethereum’s metrics revealed bulls have a reason to be concerned, despite its recent rally Higher timeframe bias was bullish, but a 2% -7% drop might happen within a week or two On 20 May, Ethereum [ETH] surged past its critical resistance zone at $3.1k after three weeks of trying. This move came soon after news […]

Significant movement has occurred in the crypto market since the US Securities and Exchange Commission’s (SEC) preliminary approval for spot Ethereum exchange-traded funds (ETFs). Advertisements A recent analysis by CryptoQuant highlights that unidentified entities have withdrawn over 800,000 Ethereum (ETH) from crypto exchanges, valued at approximately $3 billion. Surge in Ethereum Withdrawals Signals Investor Optimism […]

The winds of change are blowing through the Ethereum ecosystem. Since the long-awaited approval of spot Ether ETFs in the US on May 23rd, a quiet exodus of Ether has been underway. A massive amount of the world’s second-largest cryptocurrency, or around $3 billion, has vanished from centralized exchanges, marking the lowest level of Ether […]

Interest in Ethereum NFTs declined materially as sales plummeted over the past month. ETH’s price remained stable, but network growth continued to decline. Even though the price movement of Ethereum [ETH] was in a positive direction over the last few days, the ecosystem of Ethereum was facing some major problems. NFT volumes begin to fall […]

Ethereum, the world’s second-largest cryptocurrency, finds itself at a critical juncture. After a strong 25% surge in the past month, outperforming its peers, Ethereum is facing a formidable hurdle in the form of resistance levels around $3,795 and $3,846. Analysts are watching this price battle closely, as it could determine the coin’s trajectory in the […]

$4.7 billion in BTC and ETH options are set to expire, potentially influencing market volatility. Technical analysis on the chart shows us possible price movements for Bitcoin and Ethereum following the options expiry In the financial markets today, all eyes are on the cryptocurrency sector as it braces for a significant event. Advertisements Both Bitcoin […]