Ethereum Watch

Este artículo también está disponible en español. Ethereum is trading near its yearly low of $2,400 after an 18% drop from local highs. ETH has notably underperformed compared to Bitcoin and other altcoins like Solana this cycle, leading to investor concerns.  Advertisements Related Reading One of the key reasons for this underperformance is the lack […]

Ethereum (ETH) has made significant strides in its 2024 roadmap with the successful launch of the Dencun upgrade on the final Holesky testnet.  Advertisements This is seen as a crucial step towards deploying the upgrade on the mainnet, signaling Ethereum’s progress in improving transaction efficiency, and scalability and reducing transaction fees by up to 90%. […]

Key Highlights ETH price is trading in a range below the $715 resistance area against the US Dollar. There is a major contracting triangle forming with current support at $665 on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might soon make the next move and either break $715 or trade below […]

Key Highlights ETH price is moving back higher after testing the $670 support zone against the US Dollar. There was a break above a key bearish trend line with resistance at $702 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to move higher and it could even test the […]

Key Highlights ETH price is moving lower from the $761 swing high and is now below $740 against the US Dollar. There was a break below a major bullish trend line at $746 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair might continue to decline towards the $715 and $700 support […]

Key Highlights ETH price is slowly moving higher and is currently above the $720 level against the US Dollar. There is a major bullish trend line forming with support at $710 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now above the 100 hourly simple moving average and is moving […]

Key Highlights ETH price has recovered well and is currently trading above the $680 pivot zone against the US Dollar. There was a break above a bearish trend line with resistance at $670 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is now positioned nicely to gain further in the near […]

Key Highlights ETH price recovered after a nasty downside move toward the $475 level against the US Dollar. A major bullish trend line with support at $600 is acting as a key buy zone on the 4-hours chart of ETH/USD (data feed via SimpleFX). The pair might fail to move above $715 in the near […]

Key Highlights ETH price is moving nicely above the $760 support area against the US Dollar. There is a contracting triangle forming with support near $755 on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is holding the 100 hourly simple moving average and the $750 support region. Ethereum price is consolidating […]

Key Highlights ETH price corrected sharply lower after trading to a new high at $864.53 against the US Dollar. A bullish trend line with current support at $715 acted as a buy zone on the hourly chart of ETH/USD (data feed via SimpleFX). The pair is currently moving higher and is attempting an upside break […]