Ethereum Watch

Advertisements Traders are not sure if ETH will be able to hold the $1,200 level while the S&P 500 rapidly approaches the crucial 3,900 support and ETH derivatives data hints at more downside. Ether (ETH) rallied 11.3% between Nov. 28 and Dec. 5, peaking at $1,300 before facing a 4.6% rejection. The $1,300 resistance level […]

Advertisements Ethereum market analysts desperately search for the bottom but ETH price technicals aren’t excluding further downside below $700. Ethereum’s native token, Ether (ETH), eyes a strong bullish reversal after losing 25% from its November high of $1,675, according to a bottom fractal spotted by independent market analyst Wolf. Can Ethereum price co its March […]

Ethereum failed again to settle above the $1,300 resistance against the US Dollar. ETH is moving lower and might soon test the $1,220 support zone. Advertisements Ethereum attempted another upside break above $1,300, but failed. The price is now trading below $1,280 and the 100 hourly simple moving average. There was a break below a […]

Ethereum witnessed a decline in NFT transactions, but blue-chip collections did well Ethereum observed support from retail and large investors NFT transactions on Ethereum have declined significantly, from 22% NFT dominance to 8.3% according to crypto analytics firm Glassnode. On the other hand, stablecoin transactions grew and took up the space originally conquered by NFTs. This […]

Advertisements Buterin was specifically bullish on the rise of decentralized blockchain identities to enhance user privacy. In a blog post dated Dec. 5, Ethereum (ETH) co-founder Vitalik Buterin wrote that money, blockchain identities, decentralized finance (DeFi), decentralized autonomous organizations (DAOs), and hybrid applications were the top developments he was excited about in the Ethereum ecosystem. […]

Ethereum gained pace and retested the $1,300 resistance zone against the US Dollar. ETH is eyeing more gains towards the $1,330 and $1,350 levels. Advertisements Ethereum remained well bid above the $1,240 level and resumed its increase. The price is now trading above $1,250 and the 100 hourly simple moving average. There was a break […]

AAVE’s V3 to offer more flexibility for users AAVE witnesses some demand from top whales in anticipation of the rollout The Aave Protocol and its community are currently preparing for the rollout of the Aave Protocol V3. The latter will particularly target the Ethereum [ETH] market, where it might be a big deal. A recent […]

Advertisements Thanks to Ethereum removing the stigma associated with “altcoins,” more projects have the opportunity to prove their name doesn’t matter. Altcoin originally meant “Bitcoin alternative” because, in the early stages of cryptocurrency development, every blockchain-based currency was seen as a sort of Bitcoin (BTC) knockoff. Cryptocurrencies back then were mainly used for payments, such […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Long and short-term ETH holders saw gains If BTC’s bearish sentiment persists, ETH could find new support at $1217.22 and $1166.83  Ethereum [ETH] witnessed a drop just as it headed into the weekend. It […]

This week saw a positive recovery in some crypto assets, Ethereum included. It is gaining momentum and preparing for a bullish rally in the days to come. Although Ethereum is still below $1,300, some factors suggest a possible increase to $1,350 and $1,550. Advertisements The crypto market has been filled with FUD (fear, uncertainty, and […]