Ethereum Watch

Ethereum has been expressing some notable strength against Bitcoin over the past couple of days. This comes as it was able to rally past a significant resistance level that was previously forcing it lower. Advertisements Analysts are now noting that the cryptocurrency could be poised to see further upside, with one veteran trader offering a […]

Ethereum rallied recently above the $235 resistance region against the US Dollar. ETH is currently correcting gains, but the $230 support might act as a strong buy zone. Advertisements Ethereum is trading in a positive zone above the $230 and $232 levels. The price rallied above the $240 level and it is currently correcting gains […]

Ethereum has flashed some significant signs of strength after posting an intense recovery yesterday. Advertisements The cryptocurrency is now back within the boundaries of its multi-month trading range, and buyers appear to be attempting to establish its recent lows as a long-term bottom. Overnight, sellers pushed it as low as $222 – just a hair […]

Ethereum is struggling to clear the $230 resistance level against the US Dollar. ETH price is showing positive signs and it seems like a close above the 100 SMA (H4) could trigger a fresh rally. Advertisements ETH price is slowly moving higher towards the $230 resistance against the US Dollar. A close above the 100 […]

Ethereum failed to continue higher above $233 and declined sharply against the US Dollar. ETH is now trading below the 100 hourly SMA and it could continue to move down. Advertisements Ethereum broke the key uptrend support level near $228 and the 100 hourly simple moving average. The price is likely to resume its decline […]

Ethereum is holding strong above the $225 support level against the US Dollar. ETH is slowly rising and it is likely to continue higher towards $235 and $240. Advertisements Ethereum is following a bullish path and it recently spiked above the $230 resistance level. The price could correct a few points, but the $228 and […]

The smarts contracts giant continues consolidating within a descending parallel channel that began developing at the beginning of the month. Since then, each time Ethereum rises to the upper boundary of the channel, it pulls down to hit the lower boundary, and from this point, it bounces back up again. Advertisements The recent bearish impulse […]

The Ethereum-based DeFi sector has been consuming the bandwidth of the crypto sphere in recent times, being at the forefront of most conversations due to its exploding popularity. Advertisements One new trend dubbed “yield farming” has also garnered significant attention from investors, as it has allowed users to see massive yields on their capital – […]

The narrative around decentralized finance (“DeFi”) has strengthened this year. While Ethereum is up nearly 90% since the beginning of 2020, some DeFi tokens, including Aave (LEND), have skyrocketed over 1,000%. Advertisements Investors’ interest seems to be shifting towards this market sector. Yet in the long-term Ethereum will benefit the most, according to Skew. The […]

Ethereum has been generating significant buzz across the crypto sphere over the past few days, primarily due to the explosive surge in the popularity of decentralized finance (DeFi). Advertisements Much of this popularity has been driven by an emerging trend called “yield farming,” in which users can leverage different protocols in order to receive massive […]