Ethereum Watch

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Advertisements The 38.2% Fibonacci resistance has significantly impaired the buying efforts over the last three weeks. Over the last few days, Ethereum [ETH] saw an expected breakdown from its bearish flag pattern. Also, the […]

Over the last few days, Ethereum [ETH] saw a volatile breakdown from its three-month trendline resistance (white, dashed). The 20 EMA (red) has substantially impaired the buying ability for quite a few months now. Advertisements The effects of the recent market setbacks have fueled the alt’s bearish fire. The fall below the $1,093 level has […]

Ethereum [ETH] is continuing to divide investors with the latest developments on the network. Celebrations of 4 July have activated the bulls in full swing in the crypto market. Bitcoin [BTC] has also bounced back above $20k- setting a reviving precedent for the crypto industry. But where does ETH go from here? Advertisements ETH for […]

Halfway through 2022 and the cryptocurrency market has already witnessed a mass liquidation phase. The end of Q2, for instance, recorded $423 million worth of outflows for digital asset products. But now, this narrative witnessed significant changes as the market continues to regain its footing. Advertisements Headed to a different direction Contrary to the previous […]

Ethereum has continued to enjoy a fair share of dominance among the altcoins. That goes for miners as well. Ether miners in 2021 earned over $3 billion more than their Bitcoin counterparts. However, the positive narrative around ETH miners took a major blow this year. Advertisements Are miners out? Well, the first thing is the […]

Ethereum, the world’s largest altcoin, has been busy prepping for the much-anticipated Merge as it showcased significant signs. However, the main question is the timeline. The Ethereum mainnet is slated to merge with the Beacon Chain, but the delay has fueled a lot of questions too. Advertisements Opportunity cost Ethereum’s popularity has hiked over the […]

Deposits in ETH 2.0 reached an all-time high on 30 June. This comes after the largest altcoin took a hit in light of the 3AC liquidation. As ETH hovers near the make-or-break level, investors question where will Ethereum [ETH] go from here? Advertisements No break over here Ethereum just had one of the most torrid […]

Ethereum [ETH] concluded June with a 27% bearish push in the last five days of the month after enjoying a brief relief rally. The bearish end of June resulted in the token dropping below $1,000, followed by a pullback. Could this be a sign of a strong buy wall within the $1,000 price level? Advertisements […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the opinion of the writer. Advertisements At the start of June, Ethereum [ETH] was trading at $1,980. The $1,750-$1,950 range was a long-term support zone for Ethereum. It was speculated that ETH might halt its nosedive in […]

Ethereum [ETH], the king of altcoins has failed to register any significant improvement in the month of June. It is still stuck with the bears at the $1k level. Notably, this level was previously visited by the coin at a time when the market crash wiped out 46.4% of the ETH’s value. But with Q3 […]