Ethereum Watch

Key Takeaways DeFi Alliance has changed its organizational structure to become a decentralized autonomous organization. The DAO has raised $50 million from 300 contributors who will support Web3 startups. AllianceDAO will be publishing a whitepaper in the coming months with additional details. Share this article URL Copied Advertisements DeFi Alliance has formed a decentralized autonomous […]

The Solana network’s shot in the spotlight might just be far from over as yet, especially now that the Bank of America has expressed future optimism for the top smart contract platform, even analogizing it as the “Visa of the digital asset ecosystem” after it managed to facilitate a large number of transactions over the […]

Ethereum gained pace above the $3,250 zone against the US Dollar. ETH price is correcting gains from $3,400, but dips might be limited in the near term. Advertisements Ethereum started a strong increase above the $3,250 resistance zone. The price is trading above $3,250 and the 100 hourly simple moving average. There is a major […]

As the broader sentiment improves, the king alt recovered from the 61.8% Fibonacci support and crossed its 4-hour 20-SMA.  Advertisements On the other hand, Terra jumped above its 20-50-200 after clawing back to its 38.2% support level. Although Ethereum, Shiba Inu and Terra noted double-digit gains from their long-term supports, they needed to back it […]

Ethereum started an upside correction above the $3,180 zone against the US Dollar. ETH price must clear the $3,250 to continue higher in the near term. Advertisements Ethereum started a decent increase above the $3,200 resistance zone. The price is trading above $3,200 and the 100 hourly simple moving average. There is a key bullish […]

Keeping the squabbles about the broader sell-off aside, ETH managed to keep its long-term 61.8% Fibonacci support intact. However, it still needed a compelling close above the 20 SMA on increased volumes to make way for a possible recovery. Advertisements Filecoin, on the other hand, continued its bearish outlook while staying below the 20-50-200 SMA. ICP […]

Advertisements ETH’s futures markets are slightly bearish, but options traders appear to be interpreting the rally to $3,200 as a bottoming signal. Ether (ETH) has been an emotional rollercoaster over the past three months primarily because its price rallied twice. First, it peaked at $4,870 on Nov. 10 and at $4,780 on Dec. 1. However, […]

Ethereum fell to $2,930 before correcting higher against the US Dollar. ETH price is rising and a close above $3,200 could spark a strong recovery. Advertisements Ethereum extended decline and broke the $3,000 support zone. The price is trading below $3,200 and the 100 hourly simple moving average. There was a break above a major […]

One of the most visible victims of the recent bloodbath has been Ethereum‘s native token. Ether has lost 17.3% of its valuation in just the past week. Regardless of this, institutional proponents have continued to place their faith in the blockchain network even as “ETH-killers” threaten to dethrone it from the top spot. Advertisements The […]

Ethereum declined heavily below the $3,250 support against the US Dollar. ETH price tested $3,000 before it attempted an upside correction. Advertisements Ethereum started another decline and traded below the $3,150 support zone. The price is trading below $3,250 and the 100 hourly simple moving average. There was a break above a key bearish trend […]