Ethereum Watch

Following the king coin’s footsteps, ETH oscillated in an up-channel (reversal pattern) whilst trying to retest the $2,550-level. Further, Dogecoin also formed a reversal pattern after displaying a decent recovery. But it lacked trend-altering volumes. Advertisements On the other hand, Waves saw a noteworthy breakout and pulled back from the $11-mark.  Ether (ETH) Source: TradingView, […]

Key Takeaways A new SEC proposal looking to expand the definition of a securities exchange could threaten DeFi. The proposal aims to broaden the definition of an exchange to any system allowing buyers and sellers to communicate their securities trading interest. If enacted, the proposal would likely make it impossible for decentralized exchanges to comply […]

Key Takeaways Fantom’s DeFi ecosystem has soared to new all-time highs in total value locked, trailing only Ethereum and Terra. The boom has been fueled in part by Andre Cronje and Daniele Sestagalli’s forthcoming Solidly project. Several DAOs have formed in the lead-up to Cronje and Sestagalli’s project launch. Share this article URL Copied Advertisements […]

Considering the situation across traditional markets and global macroeconomic factors, the crypto-market has seen a crash over the past two days. As a result, Ethereum, Dogecoin, and AAVE dove to poke their multi-month/yearly lows on 22 January. Advertisements Now, these cryptos need to reclaim their lost support levels on increased volumes to make way for […]

In a previous article, it was pointed out that Ethereum was struggling to wade out of the $3300 area. There appeared to be no buyers in sight and bidders have been overwhelmed once the price fell below $3287 and almost retested the same level as resistance. Ethereum’s movement on the chart would depend on Bitcoin, […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements For Ethereum, the fundamentals remain positive even though the price has been strongly bearish. The on-chain data on Ether holders is encouraging and the Ethereum 2.0 upgrade is eagerly awaited. On the charts, traders […]

While the bulls still could not alter the broader outlook, the global crypto market cap kept slackening. Consequently, Ethereum and Shiba Inu’s RSI saw confirmed double-top after a sharp plunge below their supports. However, Ethereum’s CMF bullishly diverged with its price. Advertisements Shiba Inu also saw an oversold position, but its OBV seemed hopeful for […]

As the broader sentiment improves, the king alt recovered from the 61.8% Fibonacci support and crossed its 4-hour 20-SMA.  Advertisements On the other hand, Terra jumped above its 20-50-200 after clawing back to its 38.2% support level. Although Ethereum, Shiba Inu and Terra noted double-digit gains from their long-term supports, they needed to back it […]

Keeping the squabbles about the broader sell-off aside, ETH managed to keep its long-term 61.8% Fibonacci support intact. However, it still needed a compelling close above the 20 SMA on increased volumes to make way for a possible recovery. Advertisements Filecoin, on the other hand, continued its bearish outlook while staying below the 20-50-200 SMA. ICP […]

While Bitcoin reentered the $41,000-zone, Ether and Solana lost their golden 61.8% Fibonacci support. Their near-term technicals skewed in favor of the sellers. Advertisements On the other hand, Fantom lost over 30% of its value in the last four days but its OBV managed to maintain the high level.  Ether (ETH) TradingView, ETH/USD Advertisements ETH […]