Ethereum Watch

Arthur Hayes, the youngest crypto billionaire of American Africa and the former CEO and co-founder of the derivatives platform BitMEX, predicted Ethereum could hit $10,000 by the end of 2022. Notably, Hayes once speculated a downtrend in Ethereum’s price in an April blog post that came true. Advertisements He further urged that the Fed’s strict […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Ethereum [ETH] left its investors quite disgruntled after its inability to break the chains of its daily 20 EMA (red) for two months now. The ripples of the recent Bitcoin rally aided ETH’s falling […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements Bitcoin continued to trade within a range from $28.7k to $30.6k, while much of the rest of the altcoin market was in a downtrend. Ethereum managed to stave the bears off in the […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Ethereum saw a fall in gas prices, likely prompted by a decline in DeFi usage. The much-anticipated Merge was not likely to rescue Ethereum from bearish jaws on the price charts just yet. The […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Data from Santiment showed a dramatic increase in transaction volumes for Ethereum in the past two days. Moreover, the number of addresses at a loss on the Ethereum network reached a new ATH, which […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements As anticipated by a previous article, Ethereum (ETH) continued its low volatility phase near its Point of control (POC, red) that offered the highest liquidity in the last four months. Should the trading candlestick […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements A recent report highlighted how Ethereum was entering the “Belief” stage of a rally, based on the Net Unrealised P/L metric. Generally, when the metric tips green, a sustained rally on longer timeframes has […]

From its ATH, the king alt has been on a downslide over the last four months. However, the bulls finally breached this long-term bearish trend after their recent rally. Advertisements Now, a fall below the $2,994-mark could pull the alt towards the 20 EMA support near the $2,800-level. Owing to the northbound direction of its […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Ethereum had been consolidating beneath the $2600 level in the past week, and three days ago the price broke above this level to test the next resistance zone at $2800. It has been rejected, […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements In recent months, macro factors have had a bearish impact on the price of cryptocurrencies. Even though the past three weeks have seen a bullish price movement on the charts for Ethereum, it was […]