Tag Archives: Ethereum

Ethereum Price Downside Eases: Is Momentum Shifting?

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Ethereum price dived below the $2,420 and $2,400 support levels. ETH tested $2,300 and is now showing signs of a decent recovery wave. Ethereum is attempting a recovery wave from the $2,300 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance… Continue reading Ethereum Price Downside Eases: Is Momentum Shifting?→

Is Ethereum Headed For Trouble? Analyst Warns Of Surging Exchange Reserves

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Ethereum, the second-largest cryptocurrency by market capitalization, has been under significant pressure in recent weeks. As its price continues to fluctuate, analysts have been observing its market signals to determine whether the current phase is one of accumulation or distribution. According to a recent analysis by CryptoQuant analyst Shayan, the Ethereum exchange reserve metric, which… Continue reading Is Ethereum Headed For Trouble? Analyst Warns Of Surging Exchange Reserves→

Ethereum Price Gains May Fade Soon: Can Bulls Sustain the Recovery?

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Ethereum price is attempting a recovery wave from the $2,400 zone. ETH must clear $2,550 to continue higher in the near term. Ethereum started a decent recovery wave above the $2,450 level. The price is trading above $2,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with… Continue reading Ethereum Price Gains May Fade Soon: Can Bulls Sustain the Recovery?→

Road To $5,000: Ethereum Maintains Similarities With 2016 Price Movements

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The Ethereum price action has significantly underperformed traders’ expectations over the past few months. Ethereum is currently trapped in a bearish trend, with its price now down by 23% over a 30-day period. This downturn contrasts sharply with the hopes of many ETH investors who have been anticipating a bullish surge following the launch of… Continue reading Road To $5,000: Ethereum Maintains Similarities With 2016 Price Movements→

Ethereum Price Eyes Downside Thrust: Will It Slip Further?

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Ethereum price started another decline below the $2,550 support. ETH could dive toward the $2,250 support zone before the bulls emerge. Ethereum started a fresh decline below the $2,550 level. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,500 on… Continue reading Ethereum Price Eyes Downside Thrust: Will It Slip Further?→

Ethereum (ETH) Struggles To Break Past $2,600: What’s Driving ETH Down?

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Ethereum (ETH) has been trading within a daily range between $2,300 and $2,800 since the start of August. Over the past three days, the price has struggled to break past the $2,600 mark, raising concerns among analysts and investors.  This performance has led to disappointment, particularly when compared to Bitcoin’s stronger showing this year. Critical… Continue reading Ethereum (ETH) Struggles To Break Past $2,600: What’s Driving ETH Down?→

How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In

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As the United States Federal rate cut is fast approaching, analysts at QCP Capital, a global digital asset trading firm and market maker has now shared their prediction on how this development could impact Bitcoin price. According to the analysts, the upcoming U.S. non-farm payroll report and Friday’s GDP data will play crucial roles in… Continue reading How Will The US Upcoming Fed Rate Cut Impact Bitcoin? QCP Analysts Weigh In→

Ethereum Price Freefalls 20% Following $600 Million ETH Liquidation

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Ethereum has been on a wild ride lately. The cryptocurrency took a nosedive and crashed to a point where ETH changed hands around $2,550, having lost more than 20% of its value in the last 30 days. But despite this massive liquidation, Ethereum’s price forecast still looks rosy. According to Cryptorphic, Ethereum’s future could see… Continue reading Ethereum Price Freefalls 20% Following $600 Million ETH Liquidation→

Ethereum Price Stages a Comeback, But Lacks the Bullish Punch

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Ethereum price started a recovery wave from the $2,400 zone. ETH is now struggling to gain pace for a move above the $2,600 resistance zone. Ethereum started a recovery wave above $2,500 and $2,550. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend… Continue reading Ethereum Price Stages a Comeback, But Lacks the Bullish Punch→

Ethereum Will Remain Bearish Until This Key Trading Reading Changes

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Ethereum is steady at press time, as is visible in the daily chart. Even though prices are floating above $2,500, ETH bulls are still weak. The coin remains inside the bear bar of August 27, technically inside a bear formation. From price action, it would take effort for bulls to take charge in the short… Continue reading Ethereum Will Remain Bearish Until This Key Trading Reading Changes→