Ethereum Watch

Key Takeaways Born out of a hackathon in 2019, Zapper has grown to become a hub of activity for DeFi investors. Not only does it help users track their holdings, it also allows them to quickly react to new insights. Thanks to investment from the ever-present MetaCartel community, Zapper enjoys access to some of the […]

Ethereum entered a consolidation period over the past week that has led to the formation of a descending triangle on its 4-hour chart. A horizontal trendline developed along with the swing lows while a descending trendline formed along with the swing highs. Advertisements The continuation pattern estimates that a spike in demand for Ether that […]

Ethereum traded to a new monthly high near $249 before correcting lower against the US Dollar. ETH price is currently trading nicely above $253 and it could rally again towards $250. Advertisements ETH price is holding the main $235 support level and the $232 pivot level against the US Dollar. It is facing a couple […]

Key Takeaways Ethereum network data shows adoptions in troves, but this hasn’t reflected on ETH price. DeFi protocols used ETH as the primary form of collateral until stablecoins took over. With Synthetix’s model of using its own token as collateral and Maker’s mission to expand its balance sheet, ETH’s role in DeFi further diminished. EIP-1559 […]

The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month. Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized finance and stablecoin projects shot its fees higher. It further stated the Ethereum’s consistent uptrend shows that its demand is not slowing down. Ethereum has set a […]

Ethereum has been expressing some notable strength against Bitcoin over the past couple of days. This comes as it was able to rally past a significant resistance level that was previously forcing it lower. Advertisements Analysts are now noting that the cryptocurrency could be poised to see further upside, with one veteran trader offering a […]

Key Takeaways 1inch.exchange is serving a retail market hungry to explore decentralized exchanges. By integrating tons of DEXes and tokens, users can swap between nearly any kind of ERC-20 token. But because DEXes are primarily built on Ethereum, gas fees can become exorbitant. The DeFi news category was brought to you by Ampleforth, our preferred […]

Ethereum rallied recently above the $235 resistance region against the US Dollar. ETH is currently correcting gains, but the $230 support might act as a strong buy zone. Advertisements Ethereum is trading in a positive zone above the $230 and $232 levels. The price rallied above the $240 level and it is currently correcting gains […]

Ethereum has flashed some significant signs of strength after posting an intense recovery yesterday. Advertisements The cryptocurrency is now back within the boundaries of its multi-month trading range, and buyers appear to be attempting to establish its recent lows as a long-term bottom. Overnight, sellers pushed it as low as $222 – just a hair […]

Ethereum is struggling to clear the $230 resistance level against the US Dollar. ETH price is showing positive signs and it seems like a close above the 100 SMA (H4) could trigger a fresh rally. Advertisements ETH price is slowly moving higher towards the $230 resistance against the US Dollar. A close above the 100 […]