Ethereum Watch

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements The 38.2% Fibonacci resistance has significantly impaired the buying efforts over the last three weeks. Over the last few days, Ethereum [ETH] saw an expected breakdown from its bearish flag pattern. Also, the […]

Advertisements Data shows Ethereum options traders are less bearish that before, and margin-based markets recently saw some investors go ultra-long on 491,000 ETH. Ether (ETH) price is up 16% since July 1 and has outperformed Bitcoin (BTC) in the last 7 days. The move could be partially driven by investors clinging to their hopes that […]

Ethereum gained pace and cleared the $1,200 zone against the US Dollar. ETH is up 8% and might continue to climb higher towards $1,300 or $1,320. Advertisements Ethereum extended gains and climbed above the $1,200 resistance zone. The price is now trading above $1,200 and the 100 hourly simple moving average. There is a crucial […]

Over the last few days, Ethereum [ETH] saw a volatile breakdown from its three-month trendline resistance (white, dashed). The 20 EMA (red) has substantially impaired the buying ability for quite a few months now. Advertisements The effects of the recent market setbacks have fueled the alt’s bearish fire. The fall below the $1,093 level has […]

Advertisements The Ether losses risk becoming steeper due to unfavorable technical and macroeconomic indicators. Ethereum investors who staked millions of dollars worth of Ether (ETH) tokens to become validators on its soon-to-launch proof-of-stake (PoS) network are now facing heavy paper losses. Ether spot traders outperform stakers by 36.5% In detail, investors have locked a little […]

Ethereum is slowly moving higher towards $1,200 against the US Dollar. ETH could clear $1,200 unless it fails to stay above the $1,120 support zone. Advertisements Ethereum extended gains and climbed above the $1,150 resistance zone. The price is now trading above $1,150 and the 100 hourly simple moving average. There is a major bullish […]

Advertisements Merge trials on testnets are essential to allow Ethereum developers and independent project developers to understand what they can expect when the actual Merge takes place. Ethereum has now completed its second-to-last major Merge trial on the public test network Sepolia, paving the way for its transition to the proof-of-stake (PoS) consensus mechanism. While […]

Ethereum [ETH] is continuing to divide investors with the latest developments on the network. Celebrations of 4 July have activated the bulls in full swing in the crypto market. Bitcoin [BTC] has also bounced back above $20k- setting a reviving precedent for the crypto industry. But where does ETH go from here? Advertisements ETH for […]

Advertisements Summary: Ethereum developers have successfully implemented the Merge of the Beacon chain to the Sepolia Testnet. Goerli testnet is scheduled next then the Merge will finally happen on the Ethereum mainnet. Ethereum’s Merge marking the transition to the proof-of-stake algorithm has been successfully activated on the Sepoila testnet. Sepolia’s proof-of-work network merged with the […]

Advertisements ENS domain registrations went from 11,042 to 29,727, as the domain “000.eth” was bought for 300 ETH. Ethereum domains showed an increase in demand as Ethereum Name Service (ENS) registration totaled 126,141 registrations in just one week.  The ENS Dashboard, a data tracker created by developer Nick Johnson, shows that registrations went from 11,042 to […]