Ethereum Watch

Ethereum faced a significant setback last week, with its price plummeting to a seven-month low. Interestingly, the price decline coincided with the blockchain network total gas fee dropping to a three-year low. Advertisements Over the past week, the broader crypto market experienced more volatility amid the ongoing war between Israel and Palestine over the Gaza […]

Advertisements Dormant addresses have been moving their coins into exchanges amid rising social dominance. ETH’s volatility increased as traders continue to bet on a price increase. Lately, the attention Ethereum [ETH] has received from market participants has been extremely high, according to on-chain analytic platform Santiment. To arrive at this conclusion, Santiment engaged the social […]

Advertisements ETH price is at risk of trading below a key price support, and multiple data points point to a bearish outlook for the altcoin’s price. Ether (ETH) price experienced a 7% decline between Oct. 6 and Oct. 12, hitting a seven-month low at $1,520. Although there was a slight rebound to $1,550 on Oct. […]

Ethereum price is trading at roughly $1,550 after failing to get back above $2,000 throughout the entirety of 2023 thus far. Increasingly higher lows during the year and a horizontal resistance zone had formed an ascending triangle – a potentially bullish chart pattern. Advertisements This pattern, however, is possibly failing. A busted pattern target could […]

Advertisements Ethereum and BNB’s prices dropped by 3% and 4%, respectively, over the past week XRP was also down by 8%, with most market indicators bearish too The altcoin market has taken a blow of late after most cryptos witnessed a price correction. The top three altcoins, namely, Ethereum [ETH],BNB Chain [BNB], and XRP, were […]

Advertisements Building a decentralized exchange on Bitcoin would be a “step backward,” for example, said Bitcoin developer Super Testnet. One of the developers working on “BitVM” — a Bitcoin-based virtual machine — reiterates the tech is intended to scale Bitcoin rather than launching Ethereum-like decentralized finance applications on the network. BitVM’s whitepaper was released by […]

Cardano founder Charles Hoskinson recently gave his thoughts on whether the US Securities and Exchange Commission (SEC) had given Ethereum a regulatory free pass as recent rumors suggest.   Advertisements Cardano Founder Alleges Favoritism Toward Ethereum In an AMA session shared on X (formerly Twitter), Hoskinson mentioned that the Himman emails and other revelations expose the […]

Advertisements ETH at crossroads after retesting key support range. Bulls struggle to secure dominance as the market remains fearful. ETH might be ripe for a mid-October bounce now that it has been in a bearish pattern since the start of the month. This is not just an assumption but a convergence of multiple observations suggesting […]

International bank Standard Chartered has made a bold price prediction for the world’s second-largest crypto asset, Ethereum. However, it looks like a lot of ‘hopium’ considering the asset’s current market action, so how feasible is it? Advertisements On October 11, Standard Chartered analysts predicted that Ethereum prices could hit $8,000 by the end of 2026. […]

On-chain data suggests an Ethereum close under the $1,530 level could lead to a significant drawdown for the cryptocurrency. Advertisements Ethereum Support Levels Below $1,530 Are Very Thin Currently In a new post on X, analyst Ali has discussed what the support and resistance levels of Ethereum are looking like right now. These support and […]