Ethereum Watch

Ethereum [ETH] insisted on its sideways momentum while its market consolidated over the last month. Post the bearish flag breakdown, buyers have not been able to break the bonds of the daily 20 EMA (red) resistance. Advertisements Further, the trendline resistance (white, dashed) has kept the alt’s peaks under bearish control for over three months. […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements The 38.2% Fibonacci resistance has significantly impaired the buying efforts over the last three weeks. Over the last few days, Ethereum [ETH] saw an expected breakdown from its bearish flag pattern. Also, the […]

Over the last few days, Ethereum [ETH] saw a volatile breakdown from its three-month trendline resistance (white, dashed). The 20 EMA (red) has substantially impaired the buying ability for quite a few months now. Advertisements The effects of the recent market setbacks have fueled the alt’s bearish fire. The fall below the $1,093 level has […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Advertisements At the start of June, Ethereum [ETH] was trading at $1,980. The $1,750-$1,950 range was a long-term support zone for Ethereum. It was speculated that ETH might halt its nosedive in […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Over the last few days, Ethereum’s [ETH] revival from the $900-zone saw a reversal from its one-month trendline resistance (white, dashed). The string of recent red candlesticks has brought ETH into a near-term […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Advertisements Ethereum [ETH] has seen rough times in recent weeks on the price charts. During the harsh drop on 12 May across the market, Ethereum had managed to hold on to the […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements As macro-economic uncertainties fueled market-wide corrections, the crypto-market’s capitalization plunged below $900 billion. Over the week, Ethereum [ETH] broke down into high volatility after losing its $1,700-support. The recent bearish engulfing has significantly tarnished […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements USDT Dominance is a metric that measures the market cap of the stablecoin Tether as a percentage of the total market cap. This metric has risen from 5.7% to 8.13% in just over […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Over the last five days, Ethereum [ETH] broke into a high volatility phase after its two-week squeeze near the $1,700 level. The ongoing pullbacks have substantially impaired the buying ability in the current […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Ethereum [ETH] investors were displeased after its inability to maintain a position above the basis line (green) of its Bollinger Bands (BB) for over two months now. The after-effects of the recent Bitcoin rally […]