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cryptocurrency

cryptocurrency February 2, 2022

Ethereum‘s infrastructure for smart contract-based decentralized applications has so far been unmatched in the blockchain industry, primarily due to its first-mover advantage. However, this dominance has been waning significantly over the past couple of years with the emergence of several alternative layer 1 networks that offer similar features to Ethereum, often at a lower price […]

cryptocurrency February 1, 2022

Ethereum rides ahead on the crypto market’s most recent trend to the upside. As of press time, ETH, BTC, and larger cryptocurrencies show signs of recovery with potential for continuation in the short term, if they manage to break above their resistance levels. Advertisements Related Reading | Ethereum Price Surges 30% Over Last Week Lows, […]

cryptocurrency February 1, 2022

Advertisements A combination of multiple support levels, including a 21-month EMA, helped ETH price to rebound by nearly 30% from its local bottom. Ethereum’s native token Ether (ETH) looks ready to continue its ongoing rebound move toward $4,000, according to a technical setup shared by independent market analyst Wolf. Classic bullish reversal pattern in the […]

cryptocurrency February 1, 2022

The month of January has spooked the market amid a larger sell-off that has kept the sentiments damp. As per the latest CryptoCompare report, Bitcoin and Ethereum fell by 23.3% and 36.9%, respectively, during the month until 27 January. Advertisements The downward spiral of price Most of the tokens were trapped in a downward spiral […]

cryptocurrency January 31, 2022

Advertisements The bearish outlook appears against the backdrop of the Federal Reserve’s tightening policies. Ethereum’s native token Ether (ETH) will extend its 30% slump this year to the lowest price level since July 2021, if a textbook technical indicator plays out. Ethereum chart paints bearish pattern ETH’s price fell to its six-month low of $2,159 […]

cryptocurrency January 30, 2022

Key Takeaways Daniele Sestagalli has called for Wonderland to wind down due to divisions in the community. Sestagalli made the comments despite a community vote that has seen a majority of respondents signal that they want to save the project. The statement follows a dramatic week for the Wonderland community after the project’s treasury manager […]

cryptocurrency January 28, 2022

Following the king coin’s footsteps, ETH oscillated in an up-channel (reversal pattern) whilst trying to retest the $2,550-level. Further, Dogecoin also formed a reversal pattern after displaying a decent recovery. But it lacked trend-altering volumes. Advertisements On the other hand, Waves saw a noteworthy breakout and pulled back from the $11-mark.  Ether (ETH) Source: TradingView, […]