Ethereum Watch

Ethereum broke out of its sideways range on July 21, eventually establishing a quarter-to-date high at $280.76. The breakout move also confirmed a Bullish Flag pattern, a continuation signal that occurs as a brief pause following a significant price move higher. It has now set Ethereum en route to its ideal price target near $350. […]

The number of active Ethereum addresses rose by 100 percent in 2020, according to data fetched by Messari. The volume picked momentum on signs of growth within the decentralized finance sector (DeFi). Meanwhile, the ETH/USD exchange rate also grew higher, breaking above $250 for the first time since February 2020. Ethereum addresses that either send […]

Like Bitcoin, Ethereum (ETH) has flatlined over recent weeks in an extremely tight range. For the leading altcoin, this range has been approximately $230-245. Advertisements Bears may soon gain the upper hand as the on-chain and technical analysis case for Ethereum has purportedly flipped bearish. This comes at a pivotal time for Bitcoin, which is […]

From a medium-term perspective, it’s been an extremely strong year for Ethereum. Advertisements From the capitulation lows of approximately $85 seen in March of this year, the largest altcoin has gained around 200%. And since the start of the year, ETH’s gains are approaching 100%. But stepping back, Ethereum is actually a poor performer on […]

Ethereum has been expressing some notable strength against Bitcoin over the past couple of days. This comes as it was able to rally past a significant resistance level that was previously forcing it lower. Advertisements Analysts are now noting that the cryptocurrency could be poised to see further upside, with one veteran trader offering a […]

Ethereum has had a solid year so far, backed by an apparent increase in user activity and demand for ETH. Five crucial metrics portray the optimistic medium-term outlook on the dominant smart contracts blockchain network. Advertisements The five metrics are an increase in Truffle Suite downloads, Ethereum DApps, daily transactions, decentralized finance (DeFi), and blockchain […]

Ethereum has flashed some significant signs of strength after posting an intense recovery yesterday. Advertisements The cryptocurrency is now back within the boundaries of its multi-month trading range, and buyers appear to be attempting to establish its recent lows as a long-term bottom. Overnight, sellers pushed it as low as $222 – just a hair […]

The Ethereum-based DeFi sector has been consuming the bandwidth of the crypto sphere in recent times, being at the forefront of most conversations due to its exploding popularity. Advertisements One new trend dubbed “yield farming” has also garnered significant attention from investors, as it has allowed users to see massive yields on their capital – […]

Ethereum has been generating significant buzz across the crypto sphere over the past few days, primarily due to the explosive surge in the popularity of decentralized finance (DeFi). Advertisements Much of this popularity has been driven by an emerging trend called “yield farming,” in which users can leverage different protocols in order to receive massive […]

Ethereum has now pushed below the lower boundary of its long-held trading range that has been formed throughout the past several weeks This weakness has come about as Bitcoin also inches lower Both of these digital assets have been maintaining above these levels over the past several weeks, and a firm decline beneath them would […]