Ethereum Watch

Advertisements There is a new upgrade on the chain called Ethereum Shanghai. Is that bullish or bearish for Ether and the crypto market? What is the next upgrade for Ethereum? The Shanghai upgrade is a stepping stone toward making the Ethereum blockchain more scalable. Features like sharding, zero-knowledge (ZK)-SNARKs and more, decorate the Ethereum roadmap. […]

Ethereum price spiked above $1,700 before correcting lower against the US Dollar. ETH is still well supported above the $1,600 zone and the 100 hourly SMA. Advertisements Ethereum climbed above the $1,700 resistance before the bears took a stand. The price is still trading above $1,600 and the 100 hourly simple moving average. There is […]

A profitable trading day is really hard to come by. Especially when an American billionaire investor (Yes, Charlie Munger) has just called for a ban on cryptocurrencies. Advertisements Funnily enough, 14 hours (at press time) after his statement to CNBC, the market was nowhere near its doomsday. In fact, Bitcoin [BTC] was trading in the […]

Advertisements ETH price is in danger of losing another 20% versus Bitcoin by March, based on a mix of technical and fundamental indicators. Ethereum’s native token, Ether (ETH), has printed a death cross technical pattern versus Bitcoin (BTC) for the first time since May 2022, suggesting more pain ahead for ETH/BTC in the coming weeks. […]

Ethereum price broke the key $1,600 resistance against the US Dollar. ETH could rally further if it clears the $1,700 resistance zone in the near term. Advertisements Ethereum is up over 10% and cleared the $1,600 resistance. The price is now trading above $1,600 and the 100 hourly simple moving average. There is a key […]

Ethereum led the market at press time, as it remained the largest L1 in terms of TVL and fees. ETH’s on-chain performance looked bullish. Ethereum [ETH] registered massive gains during this year’s bull market. However, since peaking on 7 February, ETH’s price dropped by 13%. At the time of writing, it was trading at $1,501.74, […]

Advertisements Just weeks before the Shanghai upgrade, the decline in exchange supply is being seen as a bullish sign. Ether (ETH), the second-largest cryptocurrency by market capitalization, has seen a constant decline in exchange supply over the past six months post-Merge. The Ethereum network underwent a major upgrade in September 2022, moving from a proof-of-work […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The market structure and momentum were bearish. A revisit to $1560 was likely but the bears could seize the upper hand afterward. Bitcoin [BTC] bulls were able to keep BTC from falling beneath […]

Ethereum price is attempting an upside correction above $1,500 against the US Dollar. ETH could start another decline if there is no increase above $1,600. Advertisements Ethereum is slowly moving higher above the $1,500 resistance. The price is now trading above $1,510 and the 100 hourly simple moving average. There was a break above a […]

Advertisements ETH derivatives data shows bulls becoming less inclined to defend the current price level, creating an opportunity for more downside. The price of Ether (ETH) declined 10.2% between Jan. 8 and Jan. 10, and has since been range trading near the $1,500 level. More importantly, on a broader time frame, Ether is down 52.5% […]