Ethereum Watch

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, […]

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 […]

Key Takeaways While the Ethereum network is known for the crucial role it plays in the cryptocurrency ecosystem, ETH the asset is harder to define. ETH has previously been described as a “triple-point asset” and “ultra sound money” in Ethereum circles due to its utility and scarcity. Former BitMEX CEO Arthur Hayes argues that ETH […]

$4k is an essential level for Ethereum. Not only has it been a critical resistance and support, but it is also a crucial psychological level, and Ethereum has not seen its sights once since the beginning of this year.  Advertisements However, there is a fair chance that it could happen before 9 April, but if […]

Share this article URL Copied Advertisements Another day, another DeFi hack. Inverse Finance is the latest Ethereum protocol to suffer a multi-million dollar exploit.  Inverse Finance Suffers Multi-Million Dollar Hack  Ethereum’s DeFi ecosystem has suffered another major hack.  Inverse Finance, a stablecoin protocol that focuses on capital efficient yield generation, was drained in an exploit […]

Leading NFT marketplace, OpenSea, recently shared a teaser on Twitter – confirming a months-old speculation that OpenSea will be listing Solana-based NFTs on their platform from April. Captioned as ‘the best kept secret in web3’, it spoke about the months of anticipation and inquiries made by NFT enthusiasts across the Solana blockchain. Advertisements The best […]

Key Takeaways Tornado Cash is decentralized, non-custodial protocol that helps crypto users stay private on public blockchains. It uses a smart contract that lets users send deposits from one address and then withdraw the funds from to another completely new address, thus breaking the on-chain link between the funds. The latest version of the project […]

From its ATH, the king alt has been on a downslide over the last four months. However, the bulls finally breached this long-term bearish trend after their recent rally. Advertisements Now, a fall below the $2,994-mark could pull the alt towards the 20 EMA support near the $2,800-level. Owing to the northbound direction of its […]

Ethereum made a solid comeback during the previous week, while SAND followed suit. On the other hand, the newly released ApeCoin has everyone’s attention as it enjoyed considerable buying strength. Advertisements Ethereum (ETH) Source: Ethereum (ETH)/USD TradingView Ethereum (ETH) bounced back from the $2522 support on 15 March and recorded steady gains over the previous […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Ethereum had been consolidating beneath the $2600 level in the past week, and three days ago the price broke above this level to test the next resistance zone at $2800. It has been rejected, […]