Ethereum Watch

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements In recent months, macro factors have had a bearish impact on the price of cryptocurrencies. Even though the past three weeks have seen a bullish price movement on the charts for Ethereum, it was […]

The past two weeks showcased a sizeable bullish recovery attempt after the bears pushed the prices to their multi-month lows on 24 January. Thus, Ethereum and IOTA continued their up-channel trajectories while jabbing through crucial support levels. On the flip side, Uniswap saw a rectangle breakout as the bears tried to defend the $12.5-area. Advertisements […]

With the market-wide retracement in the last few days, the Bitcoin fear and greed index saw a slight pullback as it kept hovering into the ‘fear’ zone. Ethereum and Dogecoin witnessed an up-channel breakdown on their 4-hour charts. Uniswap fell by marking a reversal pattern. Any bullish comebacks are likely to find a barrier near […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements In a recent interview, Vitalik Buterin spoke about the various elements of the Ethereum roadmap and talked about how the hard fork EIP-1599 upgrade is already accelerating transaction speeds. However, the Ethereum network continues […]

As the broader sentiment deteriorated in the last 24 hours, Chainlink fell toward the $15.6-mark. Moreover, the king coin’s movement would be critical to ETH’s trajectory. Should the bulls dwindle, a test of $2,340 would not be of a surprise. On the other hand, MANA saw a bullish divergence with its 4-hour RSI.  Advertisements Ether […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements Since striking its ATH on 10 November, the king alt has been on a steep downtrend in the last 11 weeks. The descent saw a clash between the buyers and sellers at the $4,000-mark Point […]

Considering the situation across traditional markets and global macroeconomic factors, the crypto-market has seen a crash over the past two days. As a result, Ethereum, Dogecoin, and AAVE dove to poke their multi-month/yearly lows on 22 January. Advertisements Now, these cryptos need to reclaim their lost support levels on increased volumes to make way for […]

In a previous article, it was pointed out that Ethereum was struggling to wade out of the $3300 area. There appeared to be no buyers in sight and bidders have been overwhelmed once the price fell below $3287 and almost retested the same level as resistance. Ethereum’s movement on the chart would depend on Bitcoin, […]

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Advertisements For Ethereum, the fundamentals remain positive even though the price has been strongly bearish. The on-chain data on Ether holders is encouraging and the Ethereum 2.0 upgrade is eagerly awaited. On the charts, traders […]

While the bulls still could not alter the broader outlook, the global crypto market cap kept slackening. Consequently, Ethereum and Shiba Inu’s RSI saw confirmed double-top after a sharp plunge below their supports. However, Ethereum’s CMF bullishly diverged with its price. Advertisements Shiba Inu also saw an oversold position, but its OBV seemed hopeful for […]