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 …
Ethereum Topside Bias Vulnerable If It Continues To Struggle Below $1.2K Read More »
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 …
Ethereum (ETH) Bends Toward $1,000 As Doubt Fills Crypto Markets Read More »
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 …
Ethereum Trims Gains, Why ETH Remains At Risk Below $1,100 Read More »
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 …
Decline In Ethereum Futures On CME Suggests Institutional Investors Are Still Bearish Read More »
Ethereum (ETH) is once again losing momentum after showing a positive bounce last week. At press time, ETH has a market capitalization of $125 billion and is currently trading 9% lower at $1032. The world’s second largest economy is unequivocally losing steam, and if it can’t maintain $1,000, it could drop to $700 or even …
Ethereum fell below the $1,120 support level against the US Dollar. ETH is now at risk of further losses if it stays below the key resistance at $1,150. Ethereum remains in a bearish zone below $1,200 and $1,150. The price is now trading below $1150 and the 100 hourly simple moving average. There is a …
Ethereum Key Indicators Suggest A Sharp Drop Below $1K Read More »
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 …
Ethereum Keeps Sliding Down, Will The Support Line of $1,100 Break? Read More »
Ethereum is back in the red as it was rejected as a major area of resistance. The cryptocurrency is running out and is the second worst performer in the top ten list by market capitalization with a loss of 10% in the last 24 hours. Solana (SOL) takes first place with a 13% loss. Related …
Why Ethereum Could Trade At $500 If These Conditions Are Met Read More »
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 …
Ethereum Needs To Breach This Level To Sustain Bullish Pace Read More »
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. …
Ethereum Plugs 11-Week Bleed, why $1,500 May Be On The Horizon Read More »