Ethereum Watch

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The week started positively for Ethereum [ETH]. The U.S. debt ceiling talks got “an agreement in principle” on Saturday during a phone call between President Joe Biden and House Speaker Kevin McCarthy. Bitcoin […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements  ETH posted over 2% gains as of press time.  Long positions were discouraged.  Ethereum [ETH] started the week on a positive note, posting about 4% gains, since Monday (22 May). At press time […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH dropped below 50-EMA but was checked by 100-EMA.  A positive CVD spot could offer bulls slight hope.  The second largest digital asset based on market cap, Ethereum [ETH], is weathering the current […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements Sellers were temporarily stalled at $1800 support at press time.  Negative sentiment persists despite the accumulation seen in the past few weeks. The U.S. stock and crypto market posted mixed results on 10 […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements The lower timeframe momentum and structure favored ETH bulls. The presence of strong resistance above meant that short sellers could find an opportunity next week. Ethereum [ETH] bulls were able to defend the […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements -The higher timeframe remained bullish. -The presence of an imbalance and a breaker could see a strong reaction from the buyers. Ethereum [ETH] breezed past a critical region of resistance at the $2000 […]

– Developers are shifting away from contributing to the U.S. crypto ecosystem. Advertisements – Smart contracts deployment and active addresses across all blockchains have reached their respective ATHs. Since Bitcoin [BTC] marshaled many other assets to reach their respective All-Time Highs (ATH) in 2021, the cryptocurrency landscape has been characterized by its dynamism and volatility, […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements ETH continues with its consolidation range into the weekend. The bears had slight leverage despite a recent accumulation.  Since 17 March, Ethereum [ETH] has consolidated within the $1,715 – $1,840 price range. Put […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Advertisements The H4 market structure remained bearish. The daily chart showed that $1350 and $1280 could see some relief from the selling. News that Voyager was liquidating its Ethereum holdings saw the bearish pressure […]

Investors are funnelling funds into Short-BTC products after fourth consecutive week of outflows With the Shanghai Upgrade coming soon, investors will be cautious with ETH In a new report, digital asset investment firm CoinShares found that ongoing apprehension among investors regarding the uncertain regulatory landscape of crypto-assets led to a fourth consecutive week of outflows […]