Tag Archives: ethusd

Ethereum Price Recovery May Stall Near 100-SMA: Is a Drop Coming?

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Ethereum price is attempting a recovery wave above $2,280. ETH must clear the $2,360 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,150 zone. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with… Continue reading Ethereum Price Recovery May Stall Near 100-SMA: Is a Drop Coming?→

Ether Liquidity Plummets 40% On Exchanges After ETF Debut

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Liquidity of Ether on US exchanges has plunged as much as 40% since the first spot Ether exchange-traded funds entered the market on July 23, 2024. That is a move rather expectedly coming for traders and analysts that had previously viewed the ETFs as a means to improve market liquidity and therefore stabilize prices. Instead,… Continue reading Ether Liquidity Plummets 40% On Exchanges After ETF Debut→

Why Is Ethereum (ETH) Losing Ground To Bitcoin? Key Report Explains ETH Struggles

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Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum has fallen 44% against Bitcoin. This dramatic… Continue reading Why Is Ethereum (ETH) Losing Ground To Bitcoin? Key Report Explains ETH Struggles→

Ethereum Enters Oversold Territory, Can The Pump Send It To $6,000?

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Recent developments show that second-largest crypto by market cap, as it looks set for a price rally that could send it as high as $6,000.  ETH Ready For Liftoff Having Entered Oversold Territory relative strength index (RSI) is in or near oversold territory on the 3-day chart.  While it remains to be seen whether it… Continue reading Ethereum Enters Oversold Territory, Can The Pump Send It To $6,000?→

Ethereum Price Poised for Steady Recovery: Can It Build Momentum?

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Ethereum price is attempting a recovery wave above $2,380. ETH must clear the $2,440 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,350 zone. The price is trading below $2,440 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at… Continue reading Ethereum Price Poised for Steady Recovery: Can It Build Momentum?→

Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH?

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Ethereum is trading near its yearly low of $2,400 after an 18% drop from local highs. ETH has notably underperformed compared to Bitcoin and other altcoins like Solana this cycle, leading to investor concerns.  One of the key reasons for this underperformance is the lack of enthusiasm surrounding Ethereum ETFs. Metrics from these funds show… Continue reading Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH?→

What Was Behind The Bitcoin And Ethereum Price Crash?

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Bitcoin (BTC) and Ethereum (ETH) have started September in the red, having already suffered price declines since the beginning of the month. This bearish sentiment towards the foremost cryptocurrencies and, by extension, the broader crypto market is due to several macroeconomic factors. Market Still Feeling The Effects Of The Yen Carry Trade Recent developments suggest… Continue reading What Was Behind The Bitcoin And Ethereum Price Crash?→

Ethereum Price Gains in Danger: Will the Decline Continue?

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Ethereum price is attempting a recovery wave above $2,420. ETH must clear the $2,500 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,320 zone. The price is trading below $2,480 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with… Continue reading Ethereum Price Gains in Danger: Will the Decline Continue?→

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?→

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?→