Ethereum Watch

Ethereum has been leading the cryptocurrency market higher, helping to push Bitcoin through $10,000 and restart the overall market bull run. Advertisements But before new highs are set, the smart money indicator is hinting that a strong reversal is coming, and already may be underway. Ethereum Carries Crypto Market Higher, Helps Bitcoin Push Through Critical […]

Ethereum has bounced back quickly after last weekend’s 26% crash from its highs. As of the time of this article’s writing, the leading cryptocurrency has a price of $399 — just 4% below the year-to-date high. Advertisements Analysts say that pressure is building for a large move higher as the $400 resistance comes under fire. […]

Ethereum started a downside correction from the $335 swing high against the US Dollar. ETH price is currently approaching a major support zone near $305 and the 100 hourly SMA. Advertisements Ethereum is losing bullish momentum and it is now trading below $320. The price is likely to find a strong buying interest near $305 […]

Ethereum is up over 8% and it broke the $325 resistance zone against the US Dollar. ETH price tested the $330 level and it is likely to continue higher towards $350. Advertisements Ethereum is surging and it is now trading well above the $300 handle. The price traded to a new monthly high at $300 […]

Ethereum gained bullish momentum above the $240 resistance against the US Dollar. ETH price is currently correcting gains, but it is likely to resume its upside above $245. Advertisements Ethereum settled above the $235 resistance and it climbed above the $242 resistance. The price traded as high as $247 and it is currently correcting lower. […]

Ethereum’s Ether is recovering and trading above the $235 resistance against the US Dollar. ETH seems to be preparing for a crucial upside break above $238 and $240. Advertisements Ether is recovering from the $232 support and trading above $235. The price is now approaching the main $238 and $240 resistance levels. There is a […]

Following delays to the rollout of ETH 2.0, it’s no secret that the Ethereum community grows restless over the wait. Advertisements A recent public discussion on the matter had Ethereum Foundation Researcher, Justin Drake give a tentative date of January 2021 for Phase 0 rollout, during a Reddit AMA. The announcement garnered a mixed response. […]

Ethereum entered a consolidation period over the past week that has led to the formation of a descending triangle on its 4-hour chart. A horizontal trendline developed along with the swing lows while a descending trendline formed along with the swing highs. Advertisements The continuation pattern estimates that a spike in demand for Ether that […]

Ethereum traded to a new monthly high near $249 before correcting lower against the US Dollar. ETH price is currently trading nicely above $253 and it could rally again towards $250. Advertisements ETH price is holding the main $235 support level and the $232 pivot level against the US Dollar. It is facing a couple […]

The median transaction fees on the Ethereum blockchain have been above Bitcoin’s for over a month. Data aggregator Messari noted that an explosion of activities on Ethereum-backed decentralized finance and stablecoin projects shot its fees higher. It further stated the Ethereum’s consistent uptrend shows that its demand is not slowing down. Ethereum has set a […]