Ethereum Watch

Advertisements Ethereum whales and market makers are no longer charging excessive premiums for protective put options, a sign that ETH price could be en route to new highs. The price of Ethereum’s native cryptocurrency, Ether (ETH), gained 10.2% from Jan. 4 to Jan. 10, breaching the $1,300 resistance without much effort. But has the Ether […]

Ethereum climbed higher above the $1,320 resistance zone against the US Dollar. ETH tested the $1,350 zone and is currently consolidating gains. Advertisements Ethereum started a decent increase above the $1,300 and $1,320 resistance levels. The price is now trading above $1,320 and the 100 hourly simple moving average. There is a key bullish trend […]

Advertisements The two layer-2 networks processed more than 1.1 million transactions combined on Jan. 10. Ethereum layer-2 on-chain activity has been increasing to the extent that the leading two networks now process more transaction volume than mainnet Ethereum. Layer-2 networks Arbitrum and Optimism have seen an increase in transactions over the past three months. Comparatively, […]

Ethereum extended its increase above the $1,300 resistance zone against the US Dollar. ETH tested the $1,350 zone and is currently correcting lower. Advertisements Ethereum remained in a positive zone and climbed above the $1,300 and $1,320 resistance levels. The price is now trading above $1,300 and the 100 hourly simple moving average. There is […]

Advertisements Ethereum’s price is up today with most options traders anticipating a run toward $3,500-$4,000 before April 2023. Ethereum’s native token, Ether (ETH), rose to three-week highs, rallying in lockstep with the broader  cryptocurrency market, as well as stocks.  ETH price rises to three-week highs On Jan. 9, ETH’s price rose 2.85% to cross above $1,325 […]

A Crest or trough trend per the exchange inflows could determine if ETH would succumb to a price decrease ETH approached the overbought region as directional movement was not firm Ethereum [ETH], the second largest cryptocurrency by market capitalization gained 8.74% in the last seven days. However, this increase could be short lived as per […]

Ethereum climbed higher and surpassed the $1,300 resistance zone against the US Dollar. ETH is consolidating gains and might aim more upsides towards the $1,400 resistance. Advertisements Ethereum was able to gain pace for a move above the $1,275 and $1,280 resistance levels. The price is now trading above $1,280 and the 100 hourly simple […]

Liquid staking platforms and their associated tokens are seeing a resurgence this week. Industry leader Lido is leading the pack as its LDO token skyrockets. Advertisements The newest narrative in the crypto ecosystem is liquid staking derivatives. They offer a more flexible way to stake and earn without locking up crypto collateral. Momentum for such […]

Investors sentiment toward Ethereum improved of late. Key metrics such as the MVRV ratio and long/short difference suggest that there may be some selling pressure on Ethereum in the coming days. Ethereum faced a lot of volatility over the past year, especially after the merge. However, according to Santiment’s recent data, the tides may soon […]

Ethereum Classic (ETC), a decentralized, open-source and blockchain-based cryptocurrency, might soon lose its current momentum that allowed it to become one of the top performing crypto assets for the past week. Advertisements A quick review at some data points for the digital asset reveals that it is currently trading at an overbought position which might […]