Ethereum Watch

Ethereum is in the process of trying to reclaim its key $380 support level following a brief dip below it earlier today. Advertisements The cryptocurrency has been struggling to gain any momentum despite the intense strength seen by Bitcoin as of late, which is currently grinding up towards its key resistance at $13,800 as buyers […]

Ethereum and the entire crypto market have struggled to gain any serious momentum as of late, with BTC’s rejection at $13,800 striking a blow to the aggregated market. Advertisements The waning momentum has been particularly impactful for Ethereum, as it has compounded the weakness that has come about due to its severe underperformance seen as […]

Ethereum could be on the cusp of seeing a strong push higher in the near-term despite its recent weakness. Advertisements Over the past 24-hours, the cryptocurrency has seen some intense weakness, with the lack of intense buying pressure at $400 opening the gates for intense downside after Bitcoin saw a sharp selloff. ETH is now […]

Ethereum spent the summer months easily dominating Bitcoin on the back of the DeFi bandwagon. Only recently when Bitcoin broke back above $12,000 with a more than $1,000 intraday candle to $13,000, has the trend changed. Advertisements Crypto traders waiting for Ethereum to catch up like the last time around, could be left with heavy […]

Ethereum traded to a new monthly high at $422 before correcting lower against the US Dollar. ETH price is trading well above the 100 SMA (H4) and it is likely to resume its upside above $422. Advertisements ETH price is trading in a strong uptrend above the $400 support against the US Dollar. The price […]

Ethereum surged over 10% and it settled nicely above the $400 resistance against the US Dollar. ETH price is consolidating gains and it seems like it could rally further above $420. Advertisements Ethereum gained bullish momentum above the $400 and $410 resistance levels. The price traded to a new monthly high at $422 and settled […]

Ethereum’s price action has been incredibly lackluster compared to that seen by Bitcoin and the rest of the crypto market. Advertisements While BTC pushes up towards fresh yearly highs of $13,000, the rest of the crypto market has remained fairly stagnant. In particular, ETH has only seen tempered gains and remains well below its 2020 […]

Ethereum has been stuck below $380 for the past few days, which is a critical level that has long held serious influence over the entire crypto market. Advertisements If it remains stuck below this level, it could be a sign that bulls are losing their edge over the asset and that further downside is imminent. […]

The third quarter of 2020 has seen the strong resurgence of decentralized finance (DeFi) on Ethereum. With it, the demand for decentralized exchanges (DEXes) surged, causing Uniswap to briefly overtake Coinbase Pro at one point. Advertisements Heading into 2021, Ethereum and decentralized exchanges would likely perform even better, quant trader Qiao Wang said. Two Reasons […]

Unlike Bitcoin that has yet to set a higher high in 2020 over the previous year’s peak, Ethereum’s higher high is a very important sign that a new uptrend is brewing in the crypto market. Advertisements In fact, a crypto analyst has superimposed the well-known “psychology of a market cycle” chart over ETHUSD price action […]