Ethereum Watch

This past week, indications on price charts showed that altcoins’ performances toed the same line as BTC.  Most altcoins recorded a significant decline in price. Although Ethereum recorded a day-high of $3,200 on Wednesday, the holders of Ethereum did not seem to have a good week. Especially since the altcoin was stuck within the $3,087 […]

An ordinary minnow or a shark going about their day might spot a pod of mysterious whales traversing the turbid depths of the crypto sea – only to conclude that it has nothing to do with them. This couldn’t be further from the truth as the actions of whales can help other investors roughly guess […]

When you heard that the much-anticipated Ethereum Merge was not happening in June, how did you react? Were you part of the camp that was too devastated to get out of bed? Or the one that couldn’t care less? According to one crypto researcher, the Merge is something traders should keep an eye on – especially […]

Ethereum’s price, at press time, was picturing an interesting setup after its latest crash. ETH seemed to be hovering above a crucial support area, one that prevented a further increase in selling pressure by absorbing it. Therefore, interested investors can start accumulating the smart contract token at its press time levels for further gains. Advertisements […]

Total market capitalization for cryptocurrencies dipped by 10% over the past week and 4.15% in 24 hours. Consequently,  ETH suffered the wrath of decline. Usually, FUD (Fear, Uncertainty, and Doubt) is a part of a rally. But, curiously, Ethereum witnessed FUD in its bear market this time.  Advertisements Well, ETH saw a 5% price correction […]

As the market saw red again, the king coin and the top alt both took a dive in order to revisit levels that some investors had assumed would never be seen again. At press time, Bitcoin had fallen below $42k. Meanwhile, Ether [ETH] was changing hands at $3,048.36 after dropping by 6.27% in the past […]

Ethereum price has breached above the symmetrical triangle and is comfortably hovering above a stable support area with no signs of weakness. Despite the recent flash crash, the downside risk for ETH also seems to be capped due to a plethora of footholds. So, investors should not give up the smart contract token hitting significant […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements A recent report highlighted how Ethereum was entering the “Belief” stage of a rally, based on the Net Unrealised P/L metric. Generally, when the metric tips green, a sustained rally on longer timeframes has […]

$4k is an essential level for Ethereum. Not only has it been a critical resistance and support, but it is also a crucial psychological level, and Ethereum has not seen its sights once since the beginning of this year.  Advertisements However, there is a fair chance that it could happen before 9 April, but if […]

There are competing factors that favor one cryptocurrency over the other. In the case of Ethereum, the blockchain’s smart contract capability has been the game-changer. Advertisements Also, Ethereum’s transition to PoS is expected to be the watershed moment for the entire Ethereum ecosystem. It would increase ETH’s use cases. Well, even though BTC is the […]