Ethereum Watch

Advertisements Summary: Ethereum miners have been selling their ETH Ethereum’s Twitter sentiment is in bearish territory ETH/BTC pair shows a weakening Ethereum The daily ETH/USDT hints of a drop by Etheruem Ethereum miners have been selling their ETH in the month of October. This is according to on-chain data courtesy of the team at Santiment […]

Advertisements Summary: The number of Ethereum addresses holding between $1 and $10 currently stands at 15 million This is almost two times higher than those of Bitcoin holding a similar amount Ethereum continues to be the favorite for those transacting on the blockchain Ethereum has also dominated trending topics after ETH broke $400 The number […]

Advertisements Summary: The number of unique Ethereum daily addresses interacting with the ETH network has continued to decline since July The decline has accelerated since mid-September Back in August, Crypto analyst Timothy Peterson had predicted that Ethereum’s network activity was in a decline and could lead to ETH losing half its value The number of […]

Advertisements Quick take: According to Weiss Ratings, buying and holding Bitcoin is a better option than holding ETH 2017 was the first time ETH hit $300 when Bitcoin was at $1,000 ETH is still in the $300 levels with BTC now 11x higher Ethereum is a good trading instrument but Bitcoin is a better option […]

Advertisements Quick take: Over 460,000 Ethereum options expire this Friday, September 25th 90% of these options are held at Deribit Such a high number of ETH options expiring, coupled with a bearish crypto market, could result in the price of Ethereum dropping further ETH is correlated with Bitcoin, which is in turn correlated to the […]

Advertisements Quick take: Ethereum whales seem unfazed by ETH’s recent drop in the crypto markets They have increased their holdings from 3.16 million to 5.8 million ETH in the past month Early September saw 68 new Ethereum whales joining the network with each holding 1k to 10k in ETH Ethereum whales have continued to accumulate […]

Advertisements In brief: According to Timothy Peterson, Ethereum could lose up to 50% of its value in the next 12 months.  He explains that ETH’s long term growth rate only supports an annual appreciation of 30%. Ethereum had a hard time keeping up with Bitcoin as BTC pumped above $12k. ETH’s price is slightly above […]

Advertisements In summary: Ethereum’s price is consolidating below $400 and above the $365 support zone.  A loss of $365 for ETH could break Ethereum’s bullish run in the crypto markets.  $365 was Ethereum’s peak value in 2019.  However, if Bitcoin maintains its course above $11,500, Ethereum could have a chance at rekindling its bullish drive.  […]

Advertisements In brief: Ethereum turning 5 years old has had a bullish effect on the price of ETH. Ethereum has bulldozed past several resistance levels including $320. At its current momentum, ETH could retest the 2019 high of $365. Breaking this level could open the gateway to prices last seen in the 2017/2018 crypto market […]

Advertisements In brief: Ethereum has ploughed through the $290 resistance level.  $320 is the next big hurdle for Ethereum. With a bullish Bitcoin and crypto environment, Ethereum can recapture lost ground and reach levels last seen in the 2017/2018 crypto market season.  Ethereum (ETH) has exceeded the expectations of crypto traders and investors by zooming […]