Ethereum Watch

Ethereum failed to continue higher above $233 and declined sharply against the US Dollar. ETH is now trading below the 100 hourly SMA and it could continue to move down. Advertisements Ethereum broke the key uptrend support level near $228 and the 100 hourly simple moving average. The price is likely to resume its decline […]

Ethereum is holding strong above the $225 support level against the US Dollar. ETH is slowly rising and it is likely to continue higher towards $235 and $240. Advertisements Ethereum is following a bullish path and it recently spiked above the $230 resistance level. The price could correct a few points, but the $228 and […]

The smarts contracts giant continues consolidating within a descending parallel channel that began developing at the beginning of the month. Since then, each time Ethereum rises to the upper boundary of the channel, it pulls down to hit the lower boundary, and from this point, it bounces back up again. Advertisements The recent bearish impulse […]

The cryptocurrency market saw a lot of its momentum evaporating after many of its coins underwent corrections on the charts after a brief upside. At the time of writing, the collective market cap had fallen to $262.45 billion, while Bitcoin’s dominance stood at 64.5%. As Bitcoin’s price slid to $9,189 at the time of writing, […]

Disclaimer: The following price prediction should materialize in the next 24-48 hours. Advertisements As the collective market underwent a bearish pullback, Ethereum’s price dropped below its support at $233 for the first time since 18th June. Although the coin attempted to sustain a position above $233, the selling pressure brought down the asset under the […]

In a development that once again diminished some of the optimism around the cryptocurrency market’s future, Bitcoin, the word’s premier cryptocurrency, fell again on the charts. In fact, Bitcoin fell by over 5% in 20 hours, with the severity of the descent having a grave effect on the values of the market’s altcoins too, including […]

The narrative around decentralized finance (“DeFi”) has strengthened this year. While Ethereum is up nearly 90% since the beginning of 2020, some DeFi tokens, including Aave (LEND), have skyrocketed over 1,000%. Advertisements Investors’ interest seems to be shifting towards this market sector. Yet in the long-term Ethereum will benefit the most, according to Skew. The […]

Disclaimer: This article attempts to foresee Ethereum’s price action over the next three weeks, leading up to a potential breakout in the second week of July Advertisements Following the latest swing towards the upside, Ethereum‘s price climbed over $245 on the charts. However, as it surged higher to breach its crucial resistance, it fell short […]

Ethereum proponents are experiencing something similar to the days of the ICO bubble as Compound’s COMP token makes headlines. Additionally, the launch of ETH 2.0 has also increased interest in the largest altcoin. At press time, ETH saw a surge of 1.25% in the last 24 hours. However, the token’s price has appreciated by 3.75% […]

The past week wasn’t particularly positive for most altcoins in the market. Bitcoin exhibited increased volatility with its price dipping under the $9500 mark. Currently, Bitcoin is being traded at $9379 and has registered a 24-hour trading volume of $8.1 billion. Advertisements Source: CoinStats Advertisements This bearish momentum, as always, did influence the way prominent […]