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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 »

2020-8-8 23:00


Maker (MKR) Reaches $1 Billion Mark in Assets’ TVL As Ethereum (ETH) Gains 40% In A Week

The focus has switched to DeFi projects as the field emulates the 2017 ICO pump period with massive amounts of money flowing to these decentralized platforms. Unsurprisingly, Maker, the DAI-producing lending platform, became the first DeFi project to lock a billion worth of crypto assets as its primary collateral, Ethereum (ETH), experienced a 35% surge […] дальше »

2020-7-27 16:30


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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 Active Addresses Surge to a Two-Year High But They Also Coincide with Market Tops

Currently in the green by 1.07%, Ethereum is trading at $224, up 80% YTD. ETH traders meanwhile are expecting more gains with ETHUSD longs on Bitfinex still near all-time highs. This growth has the USD balance of ETH on the crypto exchange nearly doubling this year which is in exact opposite trend with the Bitfinex’s […] дальше »

2020-7-1 20:03


Ethereum Open Interest Rebounds as Analysts Eye an Explosive Upside Movement

Ethereum has seen some tempered gains overnight, recapturing its position within the $240 region as it shows some signs of technical strength. Today’s climb has largely been the result of that seen by Bitcoin, as ETH has been closely tracking the benchmark cryptocurrency’s price action over the past week. This has caused Ethereum’s open interest... дальше »

2020-6-9 02:00


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Ethereum Remains Trapped Beneath Key Level as Traders Flee Market

Ethereum has seen some tempered overnight gains in tandem with Bitcoin and many other cryptocurrencies It still remains trapped beneath a key resistance level, however, and analysts are cautious about being too bullish on ETH until this level is firmly surmounted This comes as the crypto’s open interest dives, signaling that traders are fleeing the market as its price movements become driven by retail investors and spot traders Ethereum has seen some relatively boring price […] дальше »

2020-5-2 23:00


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Ethereum Bulls in Serious Trouble as Fractal Forecasts Lower Lows

Ethereum saw a massive rejection from its overnight highs that led it to reel lower today, erasing part of the gains that were incurred during yesterday’s uptrend This has caused the crypto to flash signs of technical weakness, especially while looking towards its Bitcoin trading pair One analyst is also pointing to an extremely bearish XRP fractal pattern that ETH has been closely tracking as a potential reason why lower lows are imminent Ethereum incurred […] дальше »

2020-5-1 23:00


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It’s Decision Time for Ethereum as Analysts Eye Full Retrace of Uptrend

Ethereum has been hit hard by the recent market-wide downtrend Analysts now expect ETH to surrender all of the gains that it posted over the past couple of weeks Ethereum has been particularly impacted by the crypto market’s recent downturn, with the second largest cryptocurrency erasing the vast majority of the gains that were incurred as the result of its recent uptrend seen last week. дальше »

2020-4-22 23:00