Ethereum Watch

Ethereum price is in a tough spot after the recent bounce from a support level. Although the uptick is bullish, there might be a revisit or perhaps a sweep of the said barrier before a full-blown uptrend begins. Advertisements Ethereum needs to survive the test of faith Ethereum price action between 24 January and 27 […]

Ethereum price showed a bullish future since mid-March. As it moved into the first week of April, ETH started to slow down its momentum, leading to a reversal. Due to the reversal, the smart contract token has set up a classic bearish setup that indicates a further downside. Advertisements Ethereum price reverses its trend Ethereum […]

Total market capitalization for cryptocurrencies dipped by 10% over the past week and 4.15% in 24 hours. Consequently,  ETH suffered the wrath of decline. Usually, FUD (Fear, Uncertainty, and Doubt) is a part of a rally. But, curiously, Ethereum witnessed FUD in its bear market this time.  Advertisements Well, ETH saw a 5% price correction […]

As the market saw red again, the king coin and the top alt both took a dive in order to revisit levels that some investors had assumed would never be seen again. At press time, Bitcoin had fallen below $42k. Meanwhile, Ether [ETH] was changing hands at $3,048.36 after dropping by 6.27% in the past […]

The global cryptocurrency market cap tumbled to $2.07 trillion, falling as much as 6% in the last 24 hours. Bitcoin plunged by nearly 5 per cent the previous day. Down from a value above $47,000 on Thursday to about $45,000 early Friday. While, Ethereum, the largest altcoin, witnessed a new 4% correction in 24 hours. […]

ETH recently entered a correction phase and has been trading within a descending wedge pattern for the last 2 days. However, it managed to break through its descending support line in the early morning hours in the 1-hour chart. Advertisements Ethereum recently peaked at $3581 after a strong bull run that kicked off in mid-March, […]

Though crypto is said to be decentralized, Grayscale’s recognition of crypto assets certainly help define the trajectories of coin or token prices. However, more than just new product additions, asset removals are also key in understanding what institutional investors want – or don’t want. Advertisements No gray area here In a press release, Grayscale Investments […]

Ethereum price has breached above the symmetrical triangle and is comfortably hovering above a stable support area with no signs of weakness. Despite the recent flash crash, the downside risk for ETH also seems to be capped due to a plethora of footholds. So, investors should not give up the smart contract token hitting significant […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements A recent report highlighted how Ethereum was entering the “Belief” stage of a rally, based on the Net Unrealised P/L metric. Generally, when the metric tips green, a sustained rally on longer timeframes has […]

Asset correlations can put a lot of investors on edge, and sometimes, rightly so. For several months, analysts were probing and critiquing Bitcoin for its correlation to more traditional non-crypto stocks, worrying this might affect its status as an inflation hedge. That being said, new data from Santiment suggests that the crypto asset to watch […]