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ETH

cryptocurrency November 13, 2022

Ethereum [ETH] could risk a further decline despite losing over 23% of its value to trade at $1,261 in the last seven days. The reason for this possibility was the high deviation of on-chain withdrawals of the altcoin. Advertisements Onchain Edge, in a 11 November post on CryptoQuant, noted the state of these withdrawing transactions. […]

cryptocurrency November 12, 2022

ETH is on a pullback after a sharp recovery from the current market crash.  Investors should watch the 0.236 Fib support level.  Bitcoin (BTC) recovered from the 16.69K mark to 17K, injecting a lifeline into the industry. The king coin’s gains also boosted altcoins.  Advertisements Ethereum (ETH), the altcoin king, is positively correlated to BTC. […]

cryptocurrency November 11, 2022

Advertisements A bearish technical setup and a declining number of Ether whales pose downside risks for ETH’s price. The annual supply rate of Ether (ETH) slipped below zero for the first time since Ethereum’s transition to proof-of-stake via the Merge in September. The reason? A spike in on-chain activity amid a massive cryptocurrency market crash.  Ether […]

cryptocurrency November 11, 2022

Ethereum started a recovery wave above the $1,200 level against the US Dollar. ETH must clear $1,320 and the 100 hourly SMA to start a sustained upward move. Advertisements Ethereum started a recovery wave above the $1,200 and $1,220 levels. The price is now trading below $1,300 and the 100 hourly simple moving average. There […]

cryptocurrency November 10, 2022

Ethereum sharks and whales ramped up coin accumulation as the market attempted recovery Despite the freefall in the alt’s price, holders remain positive Before Binance confirmed withdrawing its offer to acquire embattled cryptocurrency exchange FTX, Ethereum [ETH] attempted recovery on the charts. During the intraday trading session on 9 November, data from Santiment revealed a […]

cryptocurrency November 10, 2022

Ethereum achieves ‘zero net issuance’ 55 days after the much-anticipated Merge. Deflationary, ultra sound money status is intact. But the ETH price falls by more than 18% – still bleeding.  Advertisements There’s a growing meme that has been circulating now amidst the crypto turmoil that says: “Can crypto make me a millionaire? Yes, if you are […]

cryptocurrency November 10, 2022

Ethereum extended losses below the $1,200 support against the US Dollar. ETH is consolidating and might even test the $1,000 support zone in the near term. Advertisements Ethereum started a major decline below the $1,320 and $1,250 levels. The price is now trading below $1,250 and the 100 hourly simple moving average. There is a […]

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