Ethereum Watch

The Ethereum price has moved in the same direction as the broader market. In the last 24 hours, Ethereum has moved up by 2.5%. On the weekly timeframe, the altcoin has rarely registered any movement. This reflects lateral trading for ETH. Advertisements In the short term, the altcoin might be registering gains, but as the […]

Ethereum (ETH) has failed to rise above key resistance at $1,300 despite rising around 4% over the past 24 hours. At press time, the second largest cryptocurrency by market cap was trading at $1,289. Advertisements As the trading volume shows, the bulls and bears have woken up again. In the last 24 hours, the trading […]

As the bear market continues, Ethereum – the second-biggest cryptocurrency – continues to struggle. If you look at the data from CoinGecko, the most notable positive change is 4.1% on the bi-weekly timescale. Advertisements The red flashing of the longer time scales, however, indicates that ETH has been declining in value since the FTX collapse, […]

Key sharks and whales have grown their ETH holdings in the last month. Even after a price decline, ETH sees fewer sell-offs. Despite the continued decline in  Ethereum’s [ETH] price due to the collapse of FTX, sharks, and whales (holders of 100 to one million ETH tokens) on the network exhibit no signs of slowing […]

Ethereum extended its decline below the $1,240 support against the US Dollar. ETH remains at a risk of more losses below the $1,220 support in the near term. Advertisements Ethereum remained in a bearish zone and traded below the $1,240 support. The price is now trading below $1,250 and the 100 hourly simple moving average. […]

Ethereum started a downside correction from the $1,300 resistance against the US Dollar. ETH must clear the $1,275 level to start a fresh increase. Advertisements Ethereum is holding the $1,240 support and is currently consolidating near $1,260. The price is now trading below $1,275 and the 100 hourly simple moving average. There was a break […]

Ethereum failed again to settle above the $1,300 resistance against the US Dollar. ETH is moving lower and might soon test the $1,220 support zone. Advertisements Ethereum attempted another upside break above $1,300, but failed. The price is now trading below $1,280 and the 100 hourly simple moving average. There was a break below a […]

Ethereum gained pace and retested the $1,300 resistance zone against the US Dollar. ETH is eyeing more gains towards the $1,330 and $1,350 levels. Advertisements Ethereum remained well bid above the $1,240 level and resumed its increase. The price is now trading above $1,250 and the 100 hourly simple moving average. There was a break […]

Ethereum’s total net issuance witnessed a massive spike. The number of Ethereum’s retail investors also grew over the past few days. Glassnode, a crypto analytics firm, reported that over the past few weeks, there was a significant increase in the total net coin issuance of Ethereum. Advertisements                 […]

An analyst predicted that ETH’s price would touch $450 before seeing any significant rally. On-chain data suggests that the analyst’s position might be misconceived.  The dormancy on the ETH network, however, has to see a reversal for the price to rally in the long term  According to CrypotQuant analyst Ghoddusifar, Ethereum’s [ETH] price might touch […]