Chainlink Shows Signs of Weakness Against BTC as Price Slides Lower

Chainlink has been closely tracking the aggregated cryptocurrency market throughout the past few days and weeks This has caused it to see some notable consolidation, as well as some slight downside throughout the past 24-hours The main source of selling pressure on LINK’s price has been the weakness seen across the aggregated market ETH and […] дальше »

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Analyst: Ethereum Likely to Target $780 as Technical Strength Grows

Ethereum has seen some lackluster price action throughout the past few days, which comes as Bitcoin leads the crypto market into a consolidation phase The crypto will likely continue seeing some sideways trading until BTC finds some clear directionality The pivotal level for ETH at the moment appears to be $600, as the selling pressure here has proven to be significant in the past Each break above this level has been short-lived and followed by […] дальше »

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Yearn.finance (YFI) Inches to $30k; Flashes Similarities to ETH in 2016

Yearn. finance’s YFI governance token has been inching closer and closer to the $30,000 level for the past few days and weeks, with the selling pressure here proving to be somewhat significant on multiple occasions. дальше »

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Ethereum’s Macro Outlook Shapes Up as Technical Strength Grows

Ethereum has been closely tracking Bitcoin as of late, which has caused it to see some consolidation Where the crypto trends in the mid-term should depend largely on ETH’s continued reaction to the $600 region Just as $19,000 is a key level for Bitcoin at the present moment, $600 is a crucial level for ETH, as breaks above this level often lead to inflows of buying pressure Where the cryptocurrency trends in the days and […] дальше »

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Ethereum Could Plunge Below $500 Despite Ongoing Rebound, Claims Analyst

Ethereum has been facing some turbulent price action throughout the past few days and weeks, with the selling pressure seen in the lower-$600 region forcing it lower on multiple occasions This has come about due to its close connections to Bitcoin and its price action, with the benchmark crypto’s inability to break $19,800 hampering the growth seen by ETH as well Despite the strong rebounds seen following every dip, sellers are still trying to fade […] дальше »

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Etherereum Faces a Slight Selloff as Analysts Eye Downside Move to $550

Ethereum broke below $600 once again following what appeared to be a sustained bout of trading above this level The selling pressure seen here has proven to be quite intense, and may continue slowing the crypto’s ascent The crucial resistance level to watch closely sits at $620, as this level has sparked numerous rejections for the cryptocurrency If ETH is to gain any near-term momentum, $600 must be firmly reclaimed One trader believes that there’s […] дальше »

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Ethereum Could Target $700 Next If Bulls Break This Crucial Resistance

Ethereum has been closely tracking Bitcoin’s price action as of late, which has caused it to see some large volatility Bulls have been trying to secure ETH a stable position above $600, but the selling pressure here has been quite intense Until Bitcoin flips $19,000 into a support level and begins pushing higher, ETH could see some further consolidation One trader is now noting that a strong daily close above $600 could be all that […] дальше »

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Why One Analyst Claims This Latest Ethereum Selloff is an Ideal Buying Opportunity

Ethereum and the entire crypto market saw a sharp downturn, with Bitcoin plunging by over 10% while ETH declined towards $500 This selling pressure has been quite intense and may continue hampering the cryptocurrency in the near-term Where it trends in the near-term will depend largely on whether or not bulls can stop it from breaking below $500 A decline beneath this level would strike a serious blow to the cryptocurrency’s technical outlook The coming […] дальше »

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Ethereum Price Retreats to $600 Despite Imminent ETH 2.0 Rollout

Ethereum has witnessed some intense selling pressure following its latest push higher, with bulls trying to defend $600 as bears aim at pushing it below this level The selling pressure here has proven to be quite intense throughout the past few days, but bulls have been able to absorb all of it and continue pushing it higher Where the rest of the market trends in the near-term will depend largely on the $600 level and […] дальше »

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There Have Never Been This Many Ethereum Long Positions on Bitfinex

Ethereum has been mirroring the price action seen by Bitcoin throughout the past few days and weeks This has mainly worked in its favor, but BTC’s immense momentum has not been enough to pull ETH past its crucial $500 resistance level The selling pressure here is quite significant, and whether or not the cryptocurrency can surmount this should shine some light into its near-term trend It is important to note that Ethereum has reclaimed a […] дальше »

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Ethereum Remains Weak So Long as Bulls Fail to Flip One Key Level

Ethereum’s price has been trapped below one crucial level throughout the past few days While it has been flashing signs of strength, buyers have not been able to shatter the selling pressure that exists at $450 This is a key level that ETH bulls have been struggling to break above throughout the past few days and weeks Until this level is firmly surmounted, the crypto may remain in a somewhat precarious position Buyers and sellers […] дальше »

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Ethereum (ETH) price bursts higher to mark new 2-month high

Ethereum (ETH) price has soared a further 6% today to quickly close the gap between two resistance lines of $415 and $445.   Fundamental analysis: Ethereum 2. 0 will launch on December 1  The entire cryptocurrency market is screaming higher after the dollar faced a strong selling pressure on a likely Joe Biden win in the U. дальше »

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Analysts Expect Ethereum to Surge to $445 as Buy-Side Demand Builds

Ethereum is moving higher today in tandem with Bitcoin after bearing witness to some intense selling pressure yesterday The cryptocurrency has primarily been consolidating as of late, with bulls and bears being unable to spark any clear trend This has caused ETH to see severe underperformance of Bitcoin, with the benchmark cryptocurrency far outpacing it as of late Where Ethereum trends in the near-term may depend largely on where the aggregated market moves as election […] дальше »

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Ethereum’s price could slide to $350

ETH price retreats to $382 lows amid increased selling pressure ETH/USD rose to highs...

The post Ethereum’s price could slide to $350 appeared first on Coin Journal.

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Bullish for ETH: Miners Aren’t Selling Ethereum Despite Its Sizable Rally

Ethereum’s price has rocketed over the past few days alongside Bitcoin, but it has been underperforming the benchmark crypto While Bitcoin is currently on the brink of setting fresh yearly highs, ETH is trading down significantly from its $490 highs that were set a couple of months ago For ETH to outperform BTC, there will likely have to be a resurgence in the DeFi space This will drive transactional volume and buy-side pressure for ETH […] дальше »

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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 […] дальше »

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$700: Analysts Expect Ethereum to See a Massive Surge as ETH 2.0 Rollout Nears

Ethereum has been closely tracking Bitcoin over the past few days and weeks This has caused the cryptocurrency to see some turbulence as of late, with news regarding the OKEx founder being arrested sending BTC and ETH reeling lower This decline was short-lived, and bulls were able to rapidly step up and begin absorbing this selling pressure Analysts are now noting that upside could be imminent for the market, and ETH could see some serious […] дальше »

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Analysts Take Aim at $280 for Ethereum as Bears Gain Firm Control

Ethereum has been hit hard by the recent market-wide downturn, with the cryptocurrency’s price crashing by nearly $30 in a matter of minutes earlier today This move struck a serious blow to its technical outlook, leading many investors and analysts to anticipate further downside in the near-term One trader is specifically setting his sights on a move down towards $280, explaining that this is a bastion of buying pressure for ETH Whether or not Ethereum […] дальше »

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Ethereum network congestion rockets as ETH supply moves into smart contracts

The Ethereum network has been placed under immense pressure to handle significant demand for its blockspace, with users interacting with smart contracts, DEXs, and AMMs directing massive transactional volume to the network. дальше »

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Ethereum is at a Pivotal Point; Here are the Key Levels to Watch

Ethereum’s price has remained stagnant as the cryptocurrency trades at the lower end of its key resistance region between $380 and $400 The cryptocurrency has been unable to garner any sustainable buying pressure as it trades around this price region It does appear that ETH is waiting for guidance from Bitcoin before it makes a big move, and BTC is currently caught within a consolidation phase as it struggles to surmount the lower-$11,000 region One […] дальше »

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Ethereum under pressure from DeFI; Can Bitcoin capitalize?

2020 saw Ethereum [ETH] briefly take over Bitcoin's lead in the market. However, this growth was the result of the boom witnessed by the decentralized finance [DeFi] ecosystem. According to data prThe post Ethereum under pressure from DeFI; Can Bitcoin capitalize? appeared first on AMBCrypto. дальше »

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Ethereum Could See Major Weakness if Bulls are Unable to Defend Key Level

Ethereum has seen some immense strength over the past few days, with bulls pushing it as high as $395 before it faced some intense selling pressure that slowed its ascent The cryptocurrency has been unable to garner any significant buying pressure above $390, likely due to Bitcoin’s position beneath its $11,000 resistance Once the benchmark cryptocurrency breaks through, it may create a tailwind that lifts ETH higher The recent launch of Uniswap’s UNI token seems to […] дальше »

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Analyst: “Altseason” is Postponed as Ethereum Begins Flashing Warning Signs

Ethereum has been seeing some intense selling pressure over the past few days, which has likely come about due to the trend reversal seen amongst DeFi tokens. Because the DeFi market is essentially built on top of Ethereum, the ETH token has been heavily influenced by the expansion of this sector. That being said, as […] дальше »

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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 […] дальше »

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It’s Make or Break for Ethereum Bulls as ETH Nears Critical Resistance

Ethereum is flashing some signs of strength today as it inches higher while caught within a short-term consolidation phase. This consolidation trend came about after the cryptocurrency rallied to highs of $380 before facing some heightened selling pressure that caused its price to retrace back down towards $360. дальше »

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Analyst: Ethereum Narrowly Avoids Capitulation as Macro Outlook Grows Bright

Ethereum has posted some strong price action throughout the past couple of days, with the cryptocurrency ardently defending against any sharp decline This strength has come about mostly due to the buying pressure found at $320 This price level, and the region directly above it, have helped the crypto to slow its descent and stabilize Bitcoin’s ability to hold above $10,000 has also aided its price action significantly One analyst is now noting that ETH […] дальше »

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Ethereum May Dive to $295 as Bears Strike a Blow to Its Market Structure

Ethereum has seen some intense selling pressure throughout the past few days, which reached a boiling point overnight when its price declined to lows of $330 The cryptocurrency is now stabilizing following this movement, but sellers appear to be stepping up and catalyzing further selling pressure One analyst is now noting that ETH could decline as low as $295 in the near-term This downside movement may come about as a result of the selling pressure […] дальше »

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Bitcoin is Poised to Explode Towards $11,000 After Tapping Key Liquidity Region

The crypto market has been battered throughout the past few days, with sellers gaining a serious edge over buyers as they force most digital asset prices lower The strength of this selling pressure has been enough to cause some major altcoins like Ethereum to post monumental losses, with ETH plunging to lows of $330 while Bitcoin briefly broke below $10,000 It is important to note that BTC’s latest breakdown was quickly absorbed by bulls, who […] дальше »

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Analyst: Ethereum Now Entering a Macro Correction as Selling Pressure Mounts

Ethereum has been hit hard by the latest selloff, with the cryptocurrency’s price plunging to its critical $400 support before posting a slight rebound This price action has done little to offer insight into ETH’s mid-term trend, but it did strike a blow to the bull case that has been mounting over the past few weeks Analysts are now conflicted as to where it may trend in the near-term, which may depend largely on its […] дальше »

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Ethereum Posts Strong Reaction to Key Support Level, But Risk of Downside Remains

Ethereum and the entire crypto market saw a sharp selloff overnight that caused ETH and most other major altcoins to erase their recent gains This selling pressure struck a lethal blow to the uptrends seen by both major and minor altcoins alike That being said, Ethereum and Bitcoin have both been able to remain above multiple key support levels As such, analysts are noting that bulls may be firmly in control, and may help guide […] дальше »

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Ethereum (ETH) to Repeat 2017? Supply Sink & Buy Pressure Coming

Ether outperformed Bitcoin during the ICO mania of 2017, as it was the most popular platform on which these projects were built on. Now, during the DeFi mania, ETH is again surpassing Bitcoin, the largest digital asset with a fixed supply. дальше »

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Analyst: Ethereum Likely to Plunge to $370 as It Reaches Key Resistance

Ethereum saw a sharp and sudden upswing yesterday that allowed it to post some notable gains The cryptocurrency has now resecured its position within the lower-$400 region, with bulls building major strength following the break above its key resistance level That being said, analysts are still noting that massive resistance that exists right around $408 may prove to be insurmountable in the near-term The selling pressure here may open the gates for ETH to see […] дальше »

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Ethereum at Risk of Seeing Major Downside; Here’s What Analysts are Watching

Ethereum has seen mixed price action over the past couple of weeks After rallying to highs of nearly $450 last week, the crypto faced an insurmountable influx of selling pressure that forced it lower Initially, this decline forced ETH to lows of $398 before it bounced towards $420, but today it faced another bout of selling pressure that sent it back to its $400 support Analysts are now starting to grow increasingly bearish on the […] дальше »

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It’s a Critical Moment for Ethereum Following Latest Rejection at $400

Ethereum has been struggling to garner any strong momentum over the past week Overnight it saw a sharp influx of buying pressure that sent its price rocketing past $400 for a brief moment This movement was short-lived, however, as the cryptocurrency then posted a strong retrace that sent it reeling back down towards the $380 region Analysts are now noting that it’s a pivotal time for ETH, with a potential decline here having grave long-term […] дальше »

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Ethereum is at Risk of Losing a Crucial Level Following Yesterday’s Selloff

Ethereum has been closely tracking Bitcoin’s price action in recent weeks, which caused it to see some intense bearishness yesterday The cryptocurrency’s price dove as low as $367 once the selling pressure began peaking From this point, it saw a strong rebound that allowed it to recapture that vast majority of these losses It now appears to be well-positioned to see slightly further near-term upside One analyst believes that this latest dip did put ETH […] дальше »

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The Stars are Aligning for Ethereum’s Price; But Will Bears Prevail?

Ethereum has been struggling to garner any further upwards momentum in recent times This comes as the cryptocurrency struggles to break above the heavy resistance that has emerged around $400 ETH has been moving in lockstep with Bitcoin – which is also struggling to break its resistance at $12,000 Until both of these digital assets are able to push higher and shatter the massive selling pressure they are currently facing, they will likely extend their […] дальше »

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Ethereum is Showing Early Signs of Weakness; Is the Top in?

Ethereum, like Bitcoin, is facing a bout of consolidation as it trades below its crucial near-term resistance This level has held strong throughout the past several days, and each attempt to break above $400 has been met with an influx of selling pressure One result of this consolidation phase has been the emergence of multiple bearish signals that all point to imminent downside Analysts believe that unless ETH gains ground against BTC, it could be […] дальше »

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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 […] дальше »

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Here’s Why Traders are Growing Cautious About Ethereum’s Uptrend

Ethereum has witnessed some incredibly mixed price action throughout the past few weeks After rallying up to highs of $415, it has been struggling to recapture this momentum as it largely trades below $400 Yesterday, ETH bulls pushed it to this key level before facing a massive influx of selling pressure that forced it lower It is now trading around its daily lows as bulls struggle to gain further momentum This has led one analyst […] дальше »

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Why Analysts Expect Ethereum to See Further Downside Following Intense Selloff

Ethereum witnessed some intense overnight volatility that caused its price to slide as low as $300 This intense selling pressure came about in tandem with that witnessed by Bitcoin – which caused its price to slide down to lows of $11,000 Analysts are now noting that ETH may be positioned to see further downside due to the strength of this movement Although it has found some support and stability within the mid-$300 region, weakness against […] дальше »

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Ethereum is Touching a Key Resistance Level, and It Could Spark a Drop to $280

Ethereum is flashing signs of immense strength as it pushes up towards its high time frame resistance at $350 This level has long been a target that analysts have been setting their sights on, and it is likely that a heavy amount of selling pressure exists here Although over a macro time frame ETH is firmly bullish, the visit to this level may spark a slight selloff that leads it down towards $280 Analysts are […] дальше »

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Ethereum Climbs to Yearly High, Technicals Show New Peaks Ahead

Since the Ethereum Foundation has accelerated the development of ETH 2.0, the buying pressure behind this cryptocurrency has skyrocketed to new yearly highs. Now, several technical indicators have pointed out... дальше »

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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 »

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Ethereum: ERC-20 tokens threaten to eclipse blockchain

Ethereum was noting a lot of downward pressure on the charts, with its price collapsing from $238.34 to $229.77 within an hour. While at the time of writing, ETH's price had recovered somewhat, tradinThe post Ethereum: ERC-20 tokens threaten to eclipse blockchain appeared first on AMBCrypto. дальше »

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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 »

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Ethereum (ETH) Price Analysis ? Remains Under Bullish Pressure Aiming at $230

What level could Ethereum (ETH) bounce back to? дальше »

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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 »

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Ethereum Likely to Dive Towards $200 as Overnight Selloff Rattles Market Structure

Ethereum has decline today alongside Bitcoin and the aggregated crypto market, breaking below a key support level that was previously being defended by buyers It now appears that ETH could be well positioned to see even further downside in the days and weeks ahead One technical indicator is forecasting that it will plunge to $200 before it is able to garner any notable buying pressure This could lead it to break below a key support […] дальше »

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Ethereum's golden cross might have to wait, at least for now

Ethereum made a retreat to $189 after the latest price plunge. The price of the largest altcoin, ETH had turned red following the increasing downward pressure. It appears that ETH's tryst above the $2The post Ethereum's golden cross might have to wait, at least for now appeared first on AMBCrypto. дальше »

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Ethereum (ETH) Price Analysis (May 7)

• The crypto seems to be facing more pressure from the bears. • Price trades below $205 and might slide further below $80. ETH/USD Medium-term Trend: Bullish Key levels• Resistance levels : $260, $270, $280• Support levels: $85, $75, $65 The momentum on the medium-term outlook is an uptrend as can be seen undeniably from […] дальше »

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