Ethereum News

Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $1.2K

Ethereum fell below the $1,150 area against the US dollar. ETH is now at risk of further losses if it stays below the key $1,200 pivot area. Ethereum started a fresh decline below the $1,220 and $1,200 levels. The price is now trading under $1,200 and the 100 hourly simple moving average. There is a …

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Ethereum (ETH) Bends Toward $1,000 As Doubt Fills Crypto Markets

Ethereum (ETH) traded alongside risky assets in the last session of the first half of the year, due to persistent fears of rising inflation and higher interest rates. Some analysts say this could set the stage for further declines as the third quarter approaches. After a four-day losing streak, ETH price fell nearly 6 percent …

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Ethereum Trims Gains, Why ETH Remains At Risk Below $1,100

Ethereum struggles below $1,100 against the US dollar. ETH could continue falling below the $1,000 support unless there is a clear move above the $1,100 area. Ethereum remains in a bearish zone below $1,120 and $1,100. The price is now trading below $1,120 and the 100 hourly simple moving average. There was a break above …

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Decline In Ethereum Futures On CME Suggests Institutional Investors Are Still Bearish

Institutional investors have been bearish towards Ethereum for a while now. There were outflows rocking digital assets until it ended its 11-week streak of inflows last week. However, this does not mean that positive sentiment has fully returned to the cryptocurrency again. Figures from the Chicago Mercantile Exchange show that institutional investors remain cautious and …

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Ethereum Keeps Sliding Down, Will The Support Line of $1,100 Break?

Ethereum continued its bearish trajectory as the coin has now found a support level at $1,100. Over the past two days, the coin rallied and touched the $1,200 level, but shortly after that, it saw a pullback on the chart. Ethereum’s strong resistance is currently at $1,300. The technical outlook for the coin remained bearish …

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Ethereum Needs To Breach This Level To Sustain Bullish Pace

Despite the bears’ attempts to bring the price down, Ethereum (ETH) managed to keep its head above water on Wednesday, topping $1,200 for most of the session. Coingecko records indicate that at the time of writing, ETH is trading at $1,129.50, down 0.5% over the past week and still slightly below the previous day’s high …

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Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon

Ethereum closed the red week after the red week for the past 11 weeks. It is the longest red streak ever recorded in the history of cryptocurrency, and thus, has had major implications for the digital asset. By dropping, it was one of the hardest hit coins, underperforming compared to other cryptocurrencies at this time. …

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