Ethereum Watch

Advertisements   The altcoin market has outperformed BTC over the past week. A BTC dip toward $100k could ensue soon. Bitcoin [BTC] saw an explosive rally from the 6th to the 9th of May, rising from $93.8k to $103.6k. Over the past six days, the king of crypto saw its volatility curtailed severely. This short-term […]

ETH’s performance against Bitcoin was less than ideal, leading to a weekly bearish structure. Until the $2.8k and $3k levels are breached, the outlook will remain bearish. Ethereum [ETH] witnessed a continued increase in gas fees as the network activity marched higher. This is attributed partly to the rising use of decentralized finance (DeFi) platforms […]

Ethereum showed a bearish market structure and could be headed for $2.5k. The OBV slipped below a key level as selling pressure increased. Ethereum [ETH] was in a bearish trend on the daily timeframe after dropping below the $3k mark six weeks ago. Advertisements Reports that the spot Ethereum exchange-traded funds (ETFs) applications in the […]

Ethereum saw its market structure flip bearishly on the 12-hour timeframe. The idea of a range formation would be invalidated upon a price drop below $2850. Ethereum [ETH] investors could be in trouble as prices dipped below the psychological $3k support level. Advertisements The past week saw an increased whale activity and accumulation, but the […]

Bitcoin and Ethereum showcased a bullish market structure on the 12-hour chart. Key retracement levels have been defended thus far, but a retest can’t be ruled out yet. Bitcoin [BTC] and Ethereum [ETH] continued to trade within the short-term range. They have a bullish bias on the higher timeframe price charts, and whales were accumulating […]

Ethereum displayed a bullish market structure on the 1-day chart. However, buyers were fighting for control and winning at press time. Ethereum [ETH] witnessed a negative Coinbase Premium after the recent retracement from $4.1k. Advertisements The complications surrounding an Ethereum ETF could explain why U.S. investors have grown less bullish on the asset in March. […]

Advertisements Ethereum bulls have strong support just below the $2900 mark. A rally to $3500 could commence if the bullish sentiment continues to intensify. Ethereum [ETH] sailed above the psychological $3000 resistance on the 25th of February. It closed the daily trading session at $3014 on the 20th, but ETH dipped to the $2900 area […]

Advertisements Ethereum showed strong bullish sentiment on the price charts. A retest of the range highs would provide an ideal buying opportunity. Ethereum [ETH] saw a minor pullback from $2867 to $2719 from the 15th to the 17th of February. This came after the strong breakout past the range highs at $2.6k, a level that […]

Advertisements Ethereum has a bullish structure on the weekly chart. The two key range resistance levels overhead line up well with the liquidation heatmap. Ethereum [ETH] bulls took over a month to breach the resistance at the $2.4k mark. The Bitcoin [BTC] spot ETF approval news took Ethereum to the local high at $2.7k, but […]

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. Advertisements ETH has a bullish market structure on the daily chart. The resistance above $2000 combined with the findings from the liquidation levels heatmap showed a reversal was possible. Ethereum [ETH] has rallied strongly […]