Ethereum Watch

Advertisements Ethereum bulls have strong support just below the $2900 mark. A rally to $3500 could commence if the bullish sentiment continues to intensify. Ethereum [ETH] sailed above the psychological $3000 resistance on the 25th of February. It closed the daily trading session at $3014 on the 20th, but ETH dipped to the $2900 area […]

Advertisements Ethereum showed strong bullish sentiment on the price charts. A retest of the range highs would provide an ideal buying opportunity. Ethereum [ETH] saw a minor pullback from $2867 to $2719 from the 15th to the 17th of February. This came after the strong breakout past the range highs at $2.6k, a level that […]

Advertisements The trading volume of Solana’s DEX, Jupiter, surpassed Uniswap in the past 24 hours. The SOL market remained plagued by bearish sentiments as the price moved sideways.  Solana [SOL]-based decentralized exchange (DEX) Jupiter saw its trading volume climb significantly in the last 24 hours, surpassing Ethereum [ETH]-based Uniswap [UNI], according to data from CoinGecko. […]

Advertisements Ethereum has a bullish structure on the weekly chart. The two key range resistance levels overhead line up well with the liquidation heatmap. Ethereum [ETH] bulls took over a month to breach the resistance at the $2.4k mark. The Bitcoin [BTC] spot ETF approval news took Ethereum to the local high at $2.7k, but […]

Advertisements Before the BTC spot ETF approval, the active validator count on Ethereum fell.  The network’s participation rate, which dropped before the ETF approval, has climbed. The number of active validators on the Ethereum [ETH] Proof-of-Stake (PoS) network has seen a sharp uptick in the past week. This is after a period of decline before […]

Advertisements Ethereum founder Vitalik Buterin talked about the blockchain’s future in his recent blog. Usage of network remained high, however, its price saw a correction. Even though multiple altcoins have followed suit after Bitcoin’s [BTC] rally, Ethereum’s [ETH] price has not seen much growth in the recent past. Despite this developments have ensued on the network with […]

Advertisements Of all DeFi protocols, MakerDAO has seen the most revenue in 2023. This comes after it witnessed a significant TVL decline, and its DAI stablecoin briefly lost its peg. MakerDao [MKR] has emerged as the decentralized finance (DeFi) protocol with the most revenue in 2023, data from DefiLlama has shown. Advertisements Source: DefiLlama This […]

According to CryptoQuant’s data on November 4th, Ethereum (ETH) achieved a significant milestone. The aggregate amount of funds staked in the Ethereum 2.0 smart contract has experienced a notable surge, reaching a commendable sum of $32 million. Advertisements The current increase in value is indicative of a larger pattern in which investors are consistently and […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH has a bullish market structure on the daily chart. The resistance above $2000 combined with the findings from the liquidation levels heatmap showed a reversal was possible. Ethereum [ETH] has rallied strongly […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH extended its bullish rally past the $1,800 price level. Supply on exchanges continued to dip, highlighting strong buying pressure.  Ethereum [ETH] followed Bitcoin [BTC] in registering significant gains over the past week. […]