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Ethereum is Coiling Up for a Big Move; Why Analysts Expect Downside
Ethereum, much like Bitcoin, has been caught within the throes of an intense bout of sideways trading This has caused the cryptocurrency to largely hover around the lower boundary of its multi-month trading range, being unable to gain any clear and decisive trend in either direction Although many major digital assets have been able to kick off firm uptrends, ETH hasn’t been so lucky Analysts are now noting that Ethereum may be well-positioned to see […] дальше »
2020-7-20 22:00
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Ethereum Facing Uphill Task Near $240: Key Reasons Why It Could Tumble
Ethereum started a fresh decline from the $245 resistance against the US Dollar. ETH price is currently correcting higher, but upsides are likely to remain capped near $238 and $240. ETH price is facing a strong resistance near $240 and the 100 simple moving average (4-hours) against the US Dollar. The bears are likely to […] дальше »
2020-7-19 09:28
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Ethereum‘s Record High Correlation With Bitcoin Could Lead to Major Losses
Ethereum has formed a record-high correlation with Bitcoin over the past couple of weeks This comes as ETH’s movements start aligning with those seen by BTC in a way that hasn’t been seen before If this correlation persists, the cryptocurrency’s next trend could largely depend on that of BTC That being said, this could suggest that Ethereum is poised to see some notable near-term losses, as analysts widely believe Bitcoin is positioned to see some major downside […] дальше »
2020-7-19 22:00
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This economic model suggests Ethereum’s price will be boosted by DeFi’s growth
The Ethereum network has been seeing some of its heaviest utilization ever throughout the past couple of months. The post This economic model suggests Ethereum’s price will be boosted by DeFi’s growth appeared first on CryptoSlate. дальше »
2020-7-19 16:00
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This Technical Pattern Could Send Ethereum to New Yearly Highs
Ethereum has been closely tracking Bitcoin’s price action throughout the past several days and weeks. This has made it exposed to some near-term downside, as BTC is currently sitting just a hair above the lower boundary of its long-held trading range between $9,000 and $10,000. дальше »
2020-7-18 00:00
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Ethereum Showing Early Signs of Strong Decline, But $230 Is The Key
Ethereum is retreating lower from the $245 resistance against the US Dollar. ETH is now showing bearish signs below $235, but the $230 support holds the key in the near term. Ethereum is currently facing an increase in selling pressure below $240 and $235. дальше »
2020-7-17 10:58
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Here’s Why Ethereum Breaking Below $225 Could End “Altseason”
Ethereum has seen some notable losses that have sent it down to the lower boundary of its trading range The crypto is now flashing some overt signs of weakness This is rooted in the lack of strength seen by both Bitcoin and most other major digital assets Analysts are now noting that $225 is a crucial level for ETH One trader is even noting that it is arguably the “biggest level” in the crypto’s history […] дальше »
2020-7-17 23:00
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Beware Bears: Indicators Suggest Ethereum Could Still Rally Above $250
Ethereum traded to a new monthly high near $249 before correcting lower against the US Dollar. ETH price is currently trading nicely above $253 and it could rally again towards $250. ETH price is holding the main $235 support level and the $232 pivot level against the US Dollar. It is facing a couple of […] дальше »
2020-7-12 08:28
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Here’s the Crucial Level Ethereum Needs to Break to Avoid Cratering Lower
Ethereum has been moving in close tandem with Bitcoin over the past couple of days This has made it exposed to seeing intense downside, and it is now stuck beneath the $240 region ETH is now at risk of setting lower lows according to one analyst, but there is a way bulls can stop this from happening The trader noted that $242 is a key high time frame level that bulls must flip before tomorrow’s weekly […] дальше »
2020-7-12 22:00
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Ethereum Could Set a “Lower Low” if It Breaks Beneath This Crucial Level
Ethereum is now showing some signs of underlying weakness despite seeing some strong price action over the past few days After hovering within the upper region of its long-established trading range, the slight downwards movement seen by Bitcoin and the aggregated market has forced it lower It hasn’t declined beneath any crucial support levels yet, but several sit just below where it is currently trading at One analyst is noting that its closest support is […] дальше »
2020-7-11 23:00
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This Prominent Bitcoin Advocate Just Went Long on Ethereum; Here’s Why
Ethereum has been expressing some notable strength against Bitcoin over the past couple of days. This comes as it was able to rally past a significant resistance level that was previously forcing it lower. дальше »
2020-7-9 20:30
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Why Top Analyst Predicts an Altcoin Rally on Key Ethereum Breakout
Ethereum broke above a crucial short-term resistance area this Wednesday. The second-largest cryptocurrency is now eyeing a “significant breakout” towards 0. 032 sats, according to analyst Peter Brandt. дальше »
2020-7-9 08:10
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Ethereum Embarks on a “Moon Mission” as Analysts Eye a Move to $290
Ethereum is beginning to flash some signs of strength as it pushes up against the upper boundary of its long-established trading range between $230 and $250. If it can surmount the resistance it is currently facing, it is a strong possibility that it will soon set fresh post-March highs. дальше »
2020-7-9 00:00
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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. дальше »
2020-7-9 03:00
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Ethereum Lacking Momentum, But Here’s Why 100 SMA Could Spark Fresh Rally
Ethereum is struggling to clear the $230 resistance level against the US Dollar. ETH price is showing positive signs and it seems like a close above the 100 SMA (H4) could trigger a fresh rally. ETH price is slowly moving higher towards the $230 resistance against the US Dollar. A close above the 100 simple […] дальше »
2020-7-5 09:08
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Here’s Why Ethereum’s Consolidation Could Result in an Explosive Move to $480
Ethereum has been consolidating over the past few days within the $220 region. Although on the surface its price structure seems similar to that of Bitcoin and its peers, it is important to note that it is currently stuck beneath its long-held trading range between $230 and $250. дальше »
2020-7-4 00:00
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Here’s the “Do or Die” Price That Will Determine Ethereum’s Macro Trend
Ethereum has remained stuck beneath its crucial near-term resistance level at $230 The crypto has been ranging sideways alongside Bitcoin and many of its peers, but it has been unable to remain within its long-held trading range The break below this range appears to be a grim sign for the crypto Where it trends next could largely depend on how it reacts to a crucial level that it is trading 10% above Holding above this […] дальше »
2020-7-4 23:00
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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. дальше »
2020-7-4 17:00
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The Simple Reasons Why Ethereum Could Soon Explode to its $250 Local Highs
Ethereum has been struggling to recapture its long-held position within its trading range between $230 and $250. The token has traded below the lower boundary of this range for the past several days, but bulls are now trying to surmount it. дальше »
2020-7-3 00:00
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Three Simple Reasons Why Ethereum Won’t Benefit from DeFi’s Growth
DeFi-related tokens have been caught within an intense bull market over the past several weeks, with many posting 100%+ gains This growth has been fueled by return-hungry investors looking to take advantage of “yield farming” This trend isn’t fading as fast as some analysts expected and could continue strong in the months ahead Although built upon Ethereum, the DeFi sectors growth hasn’t boosted ETH’s price One prominent investor doesn’t believe it will ever become the […] дальше »
2020-7-3 23:00
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Ethereum Holds Strong at $225: A Strengthening Case for Upside
Ethereum is holding strong above the $225 support level against the US Dollar. ETH is slowly rising and it is likely to continue higher towards $235 and $240. Ethereum is following a bullish path and it recently spiked above the $230 resistance level. дальше »
2020-7-2 09:58
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Ethereum Entering “New Bull Phase” as Technical Structure Shapes Up
Ethereum is currently on the cusp of breaking back into its long-established trading range between $230 and $250. A recent influx of selling pressure experienced by the cryptocurrency forced its price to break below the lower boundary of this trading range for an extended period of time, with ETH even testing its crucial support at […] дальше »
2020-7-2 02:00
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Ethereum Bulls Defend Crucial Support, But Outlook Remains Gloomy
Despite navigating down towards its crucial support at $220, Ethereum’s buyers were able to defend against a break below this level The cryptocurrency now appears to be well-positioned to maintain above this level in the near-term, as buyers are currently ardently defending another crucial support level That being said, on its daily chart the cryptocurrency does appear to be flashing some signs of overt weakness One group of analysts recently noted that the recent break […] дальше »
2020-7-2 23:00
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Fund manager: Ethereum’s largest investors are fueling option market’s parabolic rise
Ethereum’s market landscape has been shifting significantly in recent times. The post Fund manager: Ethereum’s largest investors are fueling option market’s parabolic rise appeared first on CryptoSlate. дальше »
2020-7-1 08:00
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Ethereum is “Hinting Danger” as Potential Distribution Pattern Emerges
Ethereum has continued consolidating alongside Bitcoin and the aggregated cryptocurrency market The crypto is flashing some signs of weakness due to its recent break below its over-month-long trading range between $230 and $250. дальше »
2020-7-1 23:00
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Ethereum Could Narrowly Avoid Another Decline If It Closes Above $230
Ethereum is slowly recovering and trading above the $225 level against the US Dollar. ETH is likely to rise sharply if it clears the $228 and $230 resistance levels. Ethereum is showing positive signs above the $224 and $225 support levels. дальше »
2020-6-30 09:58
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China’s Blockchain Service Network Reportedly Integrating Ethereum
China’s state-sponsored Blockchain Service Network (BSN) is reportedly moving to start integrating with public blockchains like Ethereum and Nervos Network. News of these potential integrations come just a week after news broke about the BSN utilizing Chainlink Oracles to increase the speed and security of transactions taking place on-chain. This news seems to bode well […] дальше »
2020-6-30 05:00
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Ethereum Could Soon Plummet 20% Against BTC; Here’s Why
Ethereum has been woefully underperforming Bitcoin over the past few days, with the cryptocurrency’s USD pair fast approaching a crucial “last-ditch” support level could catalyze a massive downtrend – should it be broken below. дальше »
2020-6-30 04:00
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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 […] дальше »
2020-6-30 23:00
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Ethereum Facing Uphill Task Near $228: Here’s Why It Could Tumble
Ethereum is currently recovering from the $216 swing low against the US Dollar. ETH is now facing an uphill task near $228-$230, and it could resume its slide. Ethereum is currently trading above the $220 and $222 resistance levels. дальше »
2020-6-29 09:58
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Here’s Why Ethereum Could Start Nosediving to $170 This Week
Ethereum’s weakness as of late has primarily been rooted in that seen by Bitcoin. From a fundamental perspective, the cryptocurrency is arguably at one of its strongest points ever, with daily transactions recently breaking 1 million while its userbase sees massive growth. дальше »
2020-6-29 04:00
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This Trend on Bitfinex Puts Ethereum in a Precarious Position Compared to Bitcoin
Ethereum and Bitcoin have been seeing mixed price action in recent times The weakness seen by these two cryptocurrencies has been mounting over the past few days BTC is struggling to hold above $9,000 as Ethereum trades below its long-established trading range One trend that could have grave impacts for ETH in the near-term is the number of tokens being moved into exchanges – and particularly into Bitfinex This comes as the crypto finds itself […] дальше »
2020-6-29 22:00
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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 […] дальше »
2020-6-29 22:00
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The Simple Reasons Why This Trader is Cautious of Ethereum
Ethereum, like Bitcoin, is currently trading at the lower boundary of its long-established trading range The cryptocurrency does appear to be positioned to see a breakdown below this range, but whether or not this takes place will likely depend on Bitcoin One analyst is now growing increasingly cautious on ETH, explaining that massive spikes in miner outflows for the cryptocurrency signal that a large drop could be imminent This also comes as the China-based PlusToken […] дальше »
2020-6-27 23:00
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Ethereum Just Shattered a Crucial Resistance; Is the Bull Run Beginning?
Ethereum’s price has been teetering just above its crucial support that exists at the lower boundary of its long-established trading range. This does appear to be an overt sign of technical weakness, although there are several reasons why some analysts still remain bullish on the cryptocurrency. дальше »
2020-6-26 19:03
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Ethereum daily transactions break 1M on DeFi hype, but Vitalik Buterin has concerns
Ethereum’s fundamental strength has grown immensely throughout 2020. The post Ethereum daily transactions break 1M on DeFi hype, but Vitalik Buterin has concerns appeared first on CryptoSlate. дальше »
2020-6-26 16:00
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Crucial Ethereum On-Chain Data Suggests a Top For Altcoins is Forming
Volume on Ethereum blockchain is rising faster than Bitcoin for the last three months, according to data fetched by Santiment. The second-largest cryptocurrency is leading a pack of top 100 altcoins with better on-chain metrics than that of Bitcoin. дальше »
2020-6-26 14:00
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Ethereum Could Dive Below $225 Unless It Surges Past $235
Ethereum is currently correcting losses from the $228 low against the US Dollar. ETH must climb above the $235 resistance to start a fresh increase in the near term. Ethereum is facing a couple of important hurdles near $235 and the 100 hourly simple moving average. дальше »
2020-6-26 11:28
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Ethereum Narrowly Avoids a Breakdown; Here are the Levels to Watch
Ethereum and the entire cryptocurrency market faced some turbulence yesterday as Bitcoin declined beneath its range lows of $9,000 This movement proved to be short-lived, as the buying pressure found here quickly propelled the cryptocurrency back up into its long-held trading range Although this hasn’t provided the markets with any clear direction, it did allow ETH to narrowly avoid posting a major breakdown The second-largest crypto was able to bounce at a critical support level, […] дальше »
2020-6-26 23:00
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PlusToken just transferred 790,000 Ethereum, jeopardizing ETH’s fundamental strength
Ethereum has been incurring intense fundamental strength in recent times. The post PlusToken just transferred 790,000 Ethereum, jeopardizing ETH’s fundamental strength appeared first on CryptoSlate. дальше »
2020-6-26 16:00
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Ethereum’s Strength Degrades Following Rejection at $250; What Comes Next
Ethereum has flashed signs of technical weakness overnight following a harsh rejection at $250 This level marked its high-time-frame resistance, and its inability to break above it seems to elucidate underlying weakness amongst its buyers Analysts are noting that it could be poised to continue pushing higher despite this latest setback There is one crucial level that it is trading just a hair above that could invalidate this potential rebound Ethereum has flashed signs of […] дальше »
2020-6-25 23:00
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A Key Metric Shows Ethereum Investors Are Becoming Overwhemingly Positive
The narrative around decentralized finance (“DeFi”) has strengthened this year. While Ethereum is up nearly 90% since the beginning of 2020, some DeFi tokens, including Aave (LEND), have skyrocketed over 1,000%. дальше »
2020-6-24 05:00
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Ethereum Competitors Bolstered by High Fees, But ETH‘s Outlook Remains Strong
There has been a boom in demand for Ethereum in recent times, with much of this stemming from the explosive growth of the DeFi sector. Although this demand has yet to result in any type of bullish price action, it does appear that its growing utility is bolstering its macro outlook. That being said, the […] дальше »
2020-6-24 02:00
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Analyst: If Ethereum Fails to Rally Now, It May Never Be Able To
Ethereum’s price has seen a notable rebound from its recent lows, but it still remains caught within its wide multi-week trading range Its present lack of strong momentum has been surprising to many investors, as it has been garnering massive utility in recent times This has led one prominent data analyst to explain that it’s becoming “do or die” time for ETH He notes that a failure for it to post a swift rally in […] дальше »
2020-6-24 23:00
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Ethereum Ready To Explode As DeFi Value and DEX Volume Spikes
Ethereum, the second-ranked cryptocurrency by market cap’s most important use cases, continues to spike. As these metrics breakout and surge, the smart-contract focused altcoin may be ready to explode. дальше »
2020-6-23 23:00
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Exploding DeFi Demand Sparks Ethereum Daily Transactions to Hit 2-Year High
The number of daily transactions on the Ethereum blockchain network surpassed 1 million, a level unseen since January 2018. In recent months, network activity on Ethereum surged as a result of rising demand for decentralized finance (DeFi) applications and growing anticipation towards ETH 2. дальше »
2020-6-23 12:34
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Ethereum Just Saw Technical Breakout, Indicators Point To More Upsides
Ethereum is up more than 4% and it surged above the $240 resistance against the US Dollar. ETH is currently showing a lot of bullish signs and it is likely to accelerate above $250. Ethereum is gaining bullish momentum and it is trading nicely above $240. дальше »
2020-6-23 11:28
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Three reasons why the next few months are critical for Ethereum’s future
Ethereum’s landscape has been evolving significantly throughout the past few months. The post Three reasons why the next few months are critical for Ethereum’s future appeared first on CryptoSlate. дальше »
2020-6-23 10:00
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Why One Analyst Thinks the Collapse of DeFi Will Fuel a Historic Ethereum Rally
Ethereum has been generating significant buzz across the crypto sphere over the past few days, primarily due to the explosive surge in the popularity of decentralized finance (DeFi). Much of this popularity has been driven by an emerging trend called “yield farming,” in which users can leverage different protocols in order to receive massive payouts, […] дальше »
2020-6-23 02:00
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The Probability of Ethereum Seeing a Parabolic Rise in 2020 is 7%; Factors to Consider
Ethereum has been moving in close tandem with Bitcoin throughout the past several days and weeks, struggling to garner any independent momentum as it ranges This sideways trading has done little to bolster the cryptocurrency’s bull case That being said, analysts have been pointing to its fundamental strength as a reason why it may soon explode higher Data seems to suggest that the crypto only has a 7% chance of seeing any type of intense […] дальше »
2020-6-23 23:00
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