Ethereum Watch

Ethereum and the aggregated cryptocurrency market saw a sharp overnight decline that came about after Bitcoin lost the support that had been established at $7,000. This plunge has caused ETH to underperform BTC and many other altcoins, with its bulls currently attempting to establish support.Presently, Ethereum is pushing up against a massive buy wall on […]

Ethereum is consolidating gains above the $170 and $165 support levels against the US Dollar. ETH price is likely setting up for another leg higher over the $175 resistance area.Ethereum is showing a few positive signs above the $170 support level.The price could gain bullish momentum once it clears the $175 resistance area.There is a […]

After incurring an incredibly intense uptrend that led Ethereum to highs of over $175 yesterday, ETH has lost some of its momentum and has declined below $170, with this drop coming about concurrently with that seen by Bitcoin overnight.In the near-term, it does appear that ETH’s bulls may have slightly overextended themselves, as the crypto […]

The recent market-wide uptrend that was sparked when Bitcoin broke above $7,000 yesterday has proven to be particularly beneficial for Ethereum, which has posted some massive gains as it continues outperforming BTC and most other major altcoins.In the near-term, it does appear that this momentum will extend significantly further, as one fundamental indicator shows that […]

Advertisements Ethereum continues to struggle amidst the current vicious and volatile market environment caused by the coronavirus outbreak and recession on the horizon.

Ethereum has been struggling to garner any momentum as it faces heightened resistance around the mid-$140 region, with this bout of consolidation coming about in tandem with that seen by Bitcoin and most other altcoins.In spite of this, ETH has been able to form a bullish textbook charting pattern that may give it some notable […]

With an economic collapse upon us, it has revived discussion around the concepts that prompted the creation of Bitcoin.And although the asset could have its finest hour in the face of the coming hyperinflation, ironically, the first-ever cryptocurrency’s existence currently depends on the banks that it was designed to replace. Will this ever change, or […]

Bitcoin saw a notable upswing overnight, which led Ethereum and most other major altcoins to rise in tandem. This rally has pushed ETH up to a key resistance level that its buyers are currently attempting to surmount.Analysts are now noting that the crypto could be positioned to see an explosive movement past this resistance, with […]

Ethereum and the aggregated cryptocurrency market has seen a slight selloff overnight that was catalyzed by Bitcoin’s decline to the lower $6,000 region. This plunge has not impacted ETH in the same way it has other altcoins, as the crypto is currently significantly outperforming the market.One analyst is now noting that there are a few […]

Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks, which has led ETH to once again enter a bout of sideways trading within the mid-$130 region.Despite being able to post a strong rebound from its recent lows, it is important to note that analysts are widely anticipating ETH to […]