Ethereum Watch

Ethereum’s underperformance could delay the much-awaited altcoin season.  Bitcoin’s rising dominance could derail altcoin performance post-Fed rate cuts.  Ethereum’s [ETH] muted price action and the lackluster performance of US spot ETH ETFs could delay the much-awaited altcoin season. In fact, on 30th August, the US spot ETH ETFs record zero flows across the board. Advertisements […]

ETH’s supply crisis intensified as staking demand spiked and exchange reserves fell ETH fundamentals remained strong despite weak market sentiment Ethereum[ETH]’s supply crisis continues to intensify and could be a set-up for a possible strong rebound for the world’s largest altcoin. Advertisements In fact, according to on-chain analyst Leon Waidmann, ETH’s supply crisis has been […]

Ethereum shows potential for a bullish reversal, with a rare daily bullish divergence and narrowing Bollinger Bands. Macroeconomic shifts and on-chain data could propel Ethereum’s price upward, despite recent bearish momentum. Ethereum [ETH] was exhibiting signs of a price reversal at press time, with a bullish divergence emerging on the daily timeframe. This marks the […]

The markets expect the Federal Open Market Committee to cut interest rates at its next meeting on 18 September. However, escalating geopolitical tensions in the Middle East and Africa are making investors fearful. Advertisements Consider this – After the easing of U.S inflation, traders expected BTC to change hands at a premium. However, the coin […]

Selling pressure on Bitcoin and Ethereum increased. SOL and DOGE also witnessed over 4% price declines in the past 24 hours.  After quite a few days of promising upticks, the crypto market witnessed major corrections as several top coins tumbled. Advertisements Therefore, AMBCrypto planned to take a closer look at the states of top cryptos […]

ETH saw more inflow into exchanges in the last trading session. The ETH balance on exchange has continued to decline. A recent analysis of Ethereum’s [ETH] market activity revealed a pattern of accumulation and sell-offs by different addresses over the last few days. Advertisements Despite these mixed trends, the overall volume of ETH on exchanges […]

Ethereum has failed to hold levels above $2,800, with the recent uptrend showing signs of weakening. Despite the exchange-supply ratio at record lows, ETH price continues to struggle. Ethereum [ETH] jumped to a multi-week high above $2,800 on the 24th of August as the broader cryptocurrency market rallied. ETH has since lost some of these gains, […]

The on-chain metrics showed bulls were eager to go long. The age consumed metric signaled caution while other metrics showed. The taker buy/sell ratio shot skyward for Ethereum [ETH] over the past couple of days. This metric tracks the taker buy volume to sell volume ratio. Values below 1 indicate bearish sentiment. Advertisements Advertisements Source: […]

Ethereum formed similar structures on the price charts at similar times ETH set to close the gap created after falling below the critical support band Ethereum’s [ETH] recent price recovery from the $2,100-level has sparked speculation that it may replicate its 2016 and 2019 successes in 2024. Advertisements With Ethereum (ETH) poised to close a […]

Galaxy research noted that since Dencun, transactions on Ethereum layer 2s have more than doubled, likely because of bots. The Ethereum mainnet has also seen a notable decline in total revenue and ETH burned.  The Ethereum [ETH] Dencun upgrade went live in March this year. While it had the desired effect of making layer 2s […]