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Ethereum to Post Bullish Weekly Close; Will This Invalidate Its Weakness?

Ethereum has expressed some signs of immense strength today, with its buyers catalyzing a sharp upwards movement that has allowed it to surge towards $420 The cryptocurrency’s momentum is leading it into its daily and weekly candle close with a strong market structure Analysts believe that this will be enough to help propel the crypto higher in the days and weeks ahead One analyst is noting that although ETH may face some resistance at $430, […] дальше »

2020-8-31 22:00


Ethereum Dives into Key Liquidity Region as Technical Outlook Grows “Ugly”

Ethereum has not been able to avoid the impacts of Bitcoin’s recent break beneath $12,000 This key technical development sent shockwaves throughout the market, with ETH reeling down to lows of $400 before finding any significant support Analysts are now noting that the crypto may be well-positioned to see further near-term weakness That being said, it may first navigate higher to tap a key liquidity region before it continues its descent Overall, analysts are expecting […] дальше »

2020-8-20 23:00


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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 […] дальше »

2020-8-15 21:00


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 »

2020-8-12 23:00


XRP Breaking Past This Crucial Resistance Could Trigger 45% Rally: Trader

XRP has gained approximately 50% in the past two weeks, following Ethereum on its steep rally higher. Analysts think the altcoin is poised to move higher should it break a critical resistance. Related Reading: Crypto Tidbits: Ethereum Surges 20%, US Banks Can Hold BTC, ETH’s DeFi Space Still in Vogue XRP Breaking This Pivotal Rally Could […] дальше »

2020-8-8 02:59


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 »

2020-8-7 23:00


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 […] дальше »

2020-8-6 23:00


Ethereum Reaches Crucial Macro Resistance as Analysts Eye a Pullback

Ethereum’s price has rallied higher today in tandem with Bitcoin and other major digital assets This latest surge simply marks an extension of that seen throughout the past several days and weeks, with ETH now trading at the highest price levels seen in over a year The crypto is currently pushing up against its high time frame resistance, however, which could be a sign that its uptrend will start slowing in the near-term Where it […] дальше »

2020-8-1 22:00


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 […] дальше »

2020-7-29 23:00


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 […] дальше »

2020-7-24 23:00


Ethereum at $243 Is “Hilarious,” Says Analyst as ETH2 and Staking Near

Since the start of the year, Ethereum has done rather well. Per data from TradingView, the leading altcoin is trading approximately 80% higher than the price it started 2020 at. Analysts expect ETH to rally further in the months and years ahead as the underlying network’s fundamentals lend to increased demand for the asset. One […] дальше »

2020-7-23 01:58


Why Ethereum May Severely Underperform DeFi Tokens During Next Bull Market

Ethereum has seen some positive price action throughout the past day, although it remains highly correlated to that of Bitcoin It also remains caught within its macro trading range between $230 and $250, with its buyers being unable to surmount the upper boundary of this range ETH investors have been speculating that the growth seen within the DeFi sector could be enough to propel the crypto higher That being said, one analyst and fund manager […] дальше »

2020-7-23 23:00


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Ethereum is Coiling Up to Make a Big Movement; Here’s Why it May Favor Bears

Ethereum, like Bitcoin, has been caught within a long-held bout of sideways trading over the past week This consolidation has made it increasingly unclear as to which direction it will trend next It has largely come about as a result of the lackluster price action seen by Bitcoin in recent times Analysts do believe that ETH could be poised to see some notable downside if it is unable to push higher in the days and […] дальше »

2020-6-11 23:00


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Ethereum’s Rocketing Funding Rates a Grave Sign for Its Ongoing Rally

Ethereum has been severely underperforming Bitcoin in recent times, but this appears to be shifting as the cryptocurrency posts a breakout rally while BTC declines This uptrend has come about as long positions for the cryptocurrency rocket higher, reaching a fresh all-time high this week In tandem with this, ETH’s funding rate has also grown massively – which is typically a grave sign that a torrent of liquidations is imminent Ethereum has been able to […] дальше »

2020-5-30 23:00