Ethereum Bulls Facing Stiff Resistance Despite ETH 2.0 Fervor

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Analysts Think Ethereum’s Bull Trend is “Just Getting Started” Despite Selloff

Ethereum has plunged today despite the strength seen by Bitcoin ETH’s ongoing descent has sent shockwaves throughout the market, creating a tailwind that has adversely impacted most other altcoins This intense selling pressure isn’t showing any signs of letting up today, but it is important to note that there’s still a chance that an upside movement is brewing One analyst is pointing to ETH’s Renko chart with a Guppy indicator, noting that it appears to […]

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Square, Paypal Could Intentionally be Excluding Ethereum to Gain Bitcoin Payments Monopoly Ahead of ETH 2.0

The crypto community has taken a keen interest in the fact that many of the new companies investing in the crypto market are only stacking BTC and leaving out ETH. This has raised a lot of speculation as to why ETH is being left out of new and big investment portfolios despite being the second-largest cryptocurrency […]

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Ethereum Is Likely to Perform Really Well in 2021 Due to Ichimoku Signal

Ethereum is likely to perform extremely well in 2021, analysts say despite the recent rapid drawdown in ETH’s price. The coin currently trades for $350, around 30% below the recent year-to-date highs of $490, set just a few weeks ago.

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Ethereum is Stuck Below a Crucial Level as Weekly Close Fast Approaches

Ethereum’s price has been consolidating alongside Bitcoin’s throughout the past few days, with buyers and sellers reaching an impasse This has come about as the entire cryptocurrency market struggles to find any significant directionality Where the market trends next will likely depend on Bitcoin, which has been performing quite well despite a myriad of bearish news developments ETH’s consolidation phase has grown quite narrow as of late, and it remains stuck below a crucial level […]

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Top DeFi Coins Drop Despite Ethereum Rally: Here’s Why

Ethereum pressed higher on Thursday after Uniswap released the UNI token to the world. ETH surged around 10% from the time of Uniswap’s announcement to the daily highs. This rally came in spite of Bitcoin topping just over $11,000, responding to weakness in legacy markets like the S&P 500.

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Ethereum’s Moving Averages Point to “Bullish Continuation” With a $1,000+ Target

Ethereum has seen some slight weakness throughout the past couple of days. This has come about despite the intense strength that Bitcoin has displayed, signaling that the resistance ETH faces between $380 and $400 may be insurmountable.

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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300

Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […]

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Ethereum (ETH) Breakout Rejected: Long-Term Trend Remains Bullish

Despite a sharp drop at the beginning of September, the price move for Ethereum (ETH) is still intact. However, a short-term decline might occur before the price resumes its long-term upward movement.

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More Ethereum Whales Joined The Network Despite Recent Price Crash, Data Shows

The price of ethereum recently experienced a major technical breakdown (similar to bitcoin). After breaking below late June 2019’s high of $370, ETH cratered by as much as 30% in less than 7 days. The decreasing prices likely cast a shadow on ETH day traders.

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Has Ethereum (ETH) Reached a Top or Is There More to Come?

Despite the sharp drop during the week of August 31 – September 6, the Ethereum (ETH) price has maintained its bullish structure. However, a reversal has to occur soon for long-term indicators not to turn bearish.

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Ethereum Whale Count Grows Amid Price Decline

More Ethereum (ETH) whale wallets have emerged over the past few days despite the over the 30 percent decline in the spot price. 68 New Ethereum Whale Wallets Emerge It appears the optimism of big-money crypto players has not been dampened by the recent market selloff.

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Ethereum (ETH) price analysis: A correction or end of the rally?

Ethereum (ETH/USD) price is trading around 20% lower this week despite hitting the highest levels since June 2018. Fundamentals have also approved for the world’s second largest digital asset as Ethereum network expanded from less than 1 million contract calls in June to 3 million per day.

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Analysts Expect Ethereum to Hit $500 Despite Tapping Massive Resistance

Ethereum has been flashing signs of immense strength throughout the past few days The cryptocurrency is now pushing towards its yearly highs as its bulls come out in full force This has allowed ETH to rally up to $437, with buyers now aiming at it setting fresh highs of over $440 in the near-term That being said, this level may act as strong resistance for the crypto in the near-term, potentially slowing its ascent Analysts […]

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Ethereum Price Opens Week Trading Above $430 Despite Challenges in Implementing ETH 2.0

Coinspeaker Ethereum Price Opens Week Trading Above $430 Despite Challenges in Implementing ETH 2. 0Ethereum price is up 6% in the past 24 hours to trade around $430 at the time of reporting.

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Why This Trader Thinks Ethereum Could Plunge 20% Despite $400 Break

Both Bitcoin and Ethereum have pushed higher after the local lows on Thursday. Both digital assets are up around 5% from those lows, with BTC pushing to $11,600 and ETH to $400. This move brings Ethereum, especially, above the pivotal $400 resistance.

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Ethereum Still Likely to Dive to $360 Support as Funding Stays Neutral

Ethereum and Bitcoin have both posted notable rebounds after facing some intense weakness throughout the early morning hours ETH was able to rally from lows of $380 to highs of well over $390, while Bitcoin pushed back above $11,500 after dipping to $11,200 This strength is an incredibly positive sign for the market, as it shows that buyers still have underlying strength Despite this strength, analysts are still short on Ethereum, with one trader noting […]

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How BTC, ETH, and LINK Are Likely To Perform Following Huge Price Retracements

Despite analysts’ bullish sentiment, the recent dump in the crypto market has seen Bitcoin and key altcoins making lower highs and lows. This week’s most-watched coins include Bitcoin, Ethereum, and Chainlink, whose trend reversals will have a fairly accurate estimate on the direction of the crypto market.

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Despite Ethereum's recent growth, its mid-term rally could be at risk

Ethereum has been on a wild ride over the past couple of weeks and has been outperforming the largest cryptocurrency, Bitcoin. After an extended period of consolidation, ETH has witnessed a stellar raThe post Despite Ethereum's recent growth, its mid-term rally could be at risk appeared first on AMBCrypto.

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This Fundamental Metric Suggests Bitcoin is in the Early Stages of a Bull Run

Bitcoin and the entire crypto market was able to see a push higher yesterday afternoon, which came about shortly after Ethereum surged past its near-term resistance level ETH, which was previously stuck below $400, incurred an explosive rally that sent its price racing up to highs of $430 This provided BTC with a slight tailwind, but the benchmark cryptocurrency remains stuck below its $12,000 resistance Despite its technical weakness, from a fundamental standpoint, it appears […]

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Ethereum Registers Extreme Price Hikes

Coinspeaker Ethereum Registers Extreme Price HikesOn August 2 the price on Ethereum hit an all-time high of $420. Despite the rapid ETH price fluctuations investors are still very optimistic about its future.Ethereum Registers Extreme Price Hikes

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Ethereum Transaction Fees Are Reaching Highs Not Seen Since 2015

Despite stagnation in the value of ETH, demand for Ethereum transactions continues to increase day after day. This is largely due to the growth seen in what is known as decentralized finance — or “DeFi.

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Ethereum 2.0 Isn’t a Panacea for Sharding and Scalability, Who Might Be?

The launch of ETH 2. 0 seems to be one of the hottest stories since the launch of the original Ethereum blockchain. Despite the first-ever smart contract platform being so hotly anticipated, it was not even three years old before its scalability issues started to become evident.

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Grayscale Investments Applies for Ethereum Trust to Become SEC Reporting Company

Grayscale Investments disclosed that it has filed a Registration Statement on Form 10 with the US Securities and Exchange Commission (SEC). This registration is for the Grayscale Ethereum Trust, the price of which fell Thursday, despite ETH flirting with multi-year highs.

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Here’s Why One Analyst Expects Ethereum to Tap $275 Before Pushing Any Higher

Ethereum has been struggling to break above $400 for the past several days The selling pressure here is quite significant, and a sustained break above this level would be a highly bullish technical development Because ETH has been consolidating just below it throughout the past few days, bulls may be gearing up for a major push higher Despite being technically strong, one analyst is still expecting the cryptocurrency to see another “scam wick” that leads […]

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Despite Recent Strength, Ethereum has Yet to Break Above One Critical Level

Ethereum, like Bitcoin, is currently flashing some immense signs of strength as it pushes past $400 The resistance at this price level remains heavy, so buyers must continue propelling the crypto higher in the near-term Where ETH trends next as it hovers around this crucial level may depend on Bitcoin, as it guided the market’s latest movement If Ethereum’s buyers remain strong in the near-term, they may next look to target the crypto’s recent highs […]

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Despite DeFi's boom, only 5.85% [$3.7 billion] of value is secured by Ethereum

With the price of ETH hitting as high as $415 and crashing to $325, volatility seems to have returned to the crypto markets. This sudden move higher and then drop has caused approximately $4. 1 millionThe post Despite DeFi's boom, only 5.

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Despite DeFi's boom, it is only 5.85% [$3.7 billion] of value secured by Ethereum

With the price of ETH hitting as high as $415 and crashing to $325, volatility seems to have returned to the crypto markets. This sudden move higher and then drop has caused approximately $4. 1 millionThe post Despite DeFi's boom, it is only 5.

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Ethereum 2.0's complexity will not dent security prospects

Ethereum's transition to Proof-of-Stake has been a widely speculated and anticipated event for Ethereum. Despite the delays and the lack of a clear deadline for when ETH 2. 0 will launch, Ethereum has The post Ethereum 2.

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At Only 1.5%, DeFi Is Full Of “ETH Killers” And Dead Projects — But Could Do Better

According to Ryan Watkins, a researcher at crypto research firm Messari, the DeFi market is still “extremely small in perspective” despite having upped its game in the last couple of months, especially after the crypto market collapse.

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Ethereum Overbought, ETH Bound for a Correction

Ethereum’s on-chain metrics look weak despite recent bullish price action. If the trend continues, ETH could be bound for a steep correction. Ethereum Rises to New Yearly Highs Ethereum made...

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Ethereum Retraces After Hitting Crucial Resistance; Here’s How Low It May Dip

Ethereum is currently retracing following its intense move higher throughout the past few days The cryptocurrency remains technically strong and is sitting well above where it was trading at just one week ago Despite this, analysts are also noting that it recently reached the top of a crucial range seen while looking at its BTC trading pair One analyst is noting that he expects the cryptocurrency’s uptrend to stall here, potentially causing ETH to see […]

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Ethereum Isn’t Out of the Woods Yet; Why ETH Could See a Sharp Decline

Ethereum’s intense uptrend has allowed the crypto to gain what appears to be a stable foothold within the $270 region Despite facing a firm rejection at $280, ETH has been able to continue flashing signs of strength At the moment, it appears to be highly correlated with Bitcoin as the two assets start another consolidation phase Analysts are now noting that Ethereum could be in for some trouble despite its overt strength It’s possible that […]

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Here’s Why Analysts are Flipping Short on Ethereum After Its Explosive Surge

After a prolonged period of range-bound trading, Ethereum posted a breakout rally yesterday that allowed it to surge up to fresh multi-month highs This rally put a firm end to the crypto’s macro trading range between $230 and $250 It remains unclear as to what caused this movement, but it allowed Bitcoin and other major altcoins to push higher as well Analysts are now growing cautious of what could come next for ETH Despite its […]

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Ethereum Now Settles More Value Than Bitcoin Thanks to Stablecoins

Ethereum has trounced Bitcoin to become the top public blockchain in terms of daily value settled. Despite roaring fundamentals, however, its native token ETH has failed to react. Stablecoins Push...

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Data analyst: Ethereum unlikely to rally until the end of the DeFi bull market

Ethereum’s stagnant price action has come about despite there being plenty of positive developments within the broader ETH ecosystem. The post Data analyst: Ethereum unlikely to rally until the end of the DeFi bull market appeared first on CryptoSlate.

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Ethereum’s daily active address count is flashing a major warning sign for ETH

Ethereum’s price action over the past several weeks has proven to be highly disappointing for investors, as it has been underperforming both Bitcoin and many of its other peers despite it seeing unprecedented fundamental strength.

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Ethereum users continue to accumulate despite DeFi hack, ETH 2.0 uncertainty

It’s been a boring past few weeks in the crypto markets.

The post Ethereum users continue to accumulate despite DeFi hack, ETH 2.0 uncertainty appeared first on CryptoSlate.

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Ethereum Struggles to Flip Crucial Trendline as Analysts Eye Move to $120

Ethereum’s price has been sliding lower over the past several days Despite Bitcoin being able to maintain above the lower boundary of its long-held trading range, ETH is now trading firmly below the range it formed over the past several weeks This points to some underlying weakness amongst its buyers which comes as it nears its crucial $220 support level It also just confirmed a “death cross” formation that hasn’t been seen since March. This […]

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Ethereum is Showing Early Signs of Macro Weakness; What to Watch For

Ethereum has been inching lower after breaking below the support level at the bottom of its long-held trading range This decline has come about despite Bitcoin showing some signs of stability within the lower-$9,000 region ETH is now trading at a crucial support level that buyers are attempting to defend, as a break below it could be dire Analysts are now noting that for the first time in a long time ETH is showing signs […]

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Ethereum network grows despite price struggles

The Ethereum market which failed to see a price movement until the beginning of this week, saw the asset surge by almost 10% over two days. This pushed the value of ETH from $227.20 to $249.04, howevThe post Ethereum network grows despite price struggles appeared first on AMBCrypto.

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Ethereum (ETH) Price Volatility Remains Similar to Bitcoin's (BTC) Despite DeFi Hype, Skew Analysts Say

Ethereum (ETH) holders have become increasingly confused as the second cryptocurrency remains stagnant amidst insane ETH-based DeFi performance

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Ethereum Classic Price Analysis - On-chain activity drops despite recent protocol upgrade

Ethereum Classic (ETC) is a distributed ledger and decentralized computing platform with smart contract capabilities, created in 2016 by forking the original Ethereum (ETH) project. The crypto asset is currently 21st on the Brave New Coin market cap table, with a market cap of US$765 million and US$110 million in trade volume over the past 24 hours.

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Will Ethereum’s “New Market Cycle” be Enough to Stop it From Plunging Lower?

Ethereum has seen a distinct divergence between its fundamental utility and its price action Despite seeing unprecedented usage rates, the cryptocurrency’s price action has been closely correlated to that of Bitcoin and the aggregated crypto market One prominent investor is now noting that ETH appears to be entering a new market cycle This comes as the explosively popular DeFi trend continues gaining major traction From a technical perspective, some analysts do believe that it may […]

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Here’s the Critical Price Level That May Kick Off Ethereum’s Next Bear Trend

Ethereum investors have gained little insight into the cryptocurrency’s trend over the past few weeks Despite being stuck within a wide trading range, it is important to note that ETH has been hovering just above the lower boundary of this range over the past few days This has marked an underperformance of Bitcoin and many of its other peers, but an overnight dip below this level was quickly absorbed by buyers Analysts are still forecasting […]

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ConsenSys Is Becoming Systemically Important to Ethereum

ConsenSys is partnering up with the likes of Binance and Crypto.com to launch a staking service for the upcoming release of the Ethereum upgrade, ETH 2.0. Despite the apparent benefits... The post ConsenSys Is Becoming Systemically Important to Ethereum appeared first on Crypto Briefing.

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Ethereum (ETH) Still Following $300 Plan Despite Price Drop: Analyst Michael van de Poppe

Ethereum (ETH) bulls might have been confused by the recent 8% price decline. But a top cryptocurrency analyst believes there's nothing to worry about

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Ethereum Forms 90% Correlation to Bitcoin; Here’s Why This Is Bearish

Ethereum and Bitcoin have formed a striking 90% correlation to one another throughout the past couple of years This correlation has grown in recent times, despite many altcoins being able to break it It does appear that, in the short-term, this could prove to be dire for ETH, as the benchmark cryptocurrency may soon see a notable decline Ethereum has been generally tracking Bitcoin’s price action in recent times, with altcoins in general struggling to […]

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Ethereum’s Macro Bear Structure Strengthens as Analysts Eye a Massive Decline

Ethereum has been able to maintain above $200 despite the recent turbulence seen within the aggregated crypto market This outperformance of Bitcoin has allowed it to gain some strength on its embattled BTC trading pair ETH is still in a precarious position, however, as analysts are noting that its macro bear structure still remains strong Analysts are also widely flipping short on ETH, with some anticipating massive downside Ethereum’s price action has been largely lackluster […]

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