Ethereum Targets $3,320: Bulls Eye Recovery with Base Formation

Ethereum price seems to be forming a base above the $2,820 level. ETH could break the $3,160 resistance and rise toward the $3,320 resistance. Ethereum is consolidating losses above the $2,880 level. The price is trading above $3,000 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with… Continue reading Ethereum Targets $3,320: Bulls Eye Recovery with Base Formation

Is This Ethereum ICO Project To Blame For ETH’s Price Slump?

The Ethereum price has fallen by around -25% since its mid-March peak at around $4,100 and is currently trading just above $3,000. While this loss is in line with the broader market trend and in particular Bitcoin’s price drop of about -22% in the same time, there could be another reason for ETH’s price slump,… Continue reading Is This Ethereum ICO Project To Blame For ETH’s Price Slump?

Ethereum Settles Below $3K: Bearish Sentiment Points to Deeper Decline

Ethereum price remained in a bearish zone below $3,150 zone. ETH is again moving lower and the bears could aim for a drop below $2,800. Ethereum started a fresh decline below the $3,000 and $2,950 levels. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line… Continue reading Ethereum Settles Below $3K: Bearish Sentiment Points to Deeper Decline

Analyst Predicts Ethereum Nosedive, Cautions Investors To Prepare For $2,700 Target

Amid the ongoing bloodbath in the cryptocurrency market, Ethereum (ETH), the second-largest cryptocurrency by market capitalization, has not been spared. Over the past week, ETH has experienced a significant 9% price decline, bringing it down to the $3,130 level.  As market participants closely monitor the situation, the focus now lies on crucial levels that must… Continue reading Analyst Predicts Ethereum Nosedive, Cautions Investors To Prepare For $2,700 Target

Ethereum Dives Below $3K: What’s Next For The Crypto?

Ethereum price remained in a bearish zone below $3,250 zone. ETH dived below the $3,000 support and even tested the $2,850 zone. Ethereum started a fresh decline below the $3,120 and $3,000 levels. The price is trading below $3,000 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance… Continue reading Ethereum Dives Below $3K: What’s Next For The Crypto?

Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level

Ethereum (ETH) is experiencing a significant downturn, with its price rapidly approaching the crucial support level of $3,051. This sharp decline highlights increased selling pressure and growing bearish sentiment in the market.  As Ethereum nears this critical threshold, traders are closely monitoring its behavior for signs of either a stabilization or a further drop. The… Continue reading Ethereum Faces Sharp Decline As ETH Targets $3,051 Support Level

Ethereum Price Plummets: Potential Recovery Hindered by Bearish Pressure

Ethereum price failed to clear the $3,520 zone and started a fresh decline. ETH dived below the $3,250 support and even tested the $3,150 zone. Ethereum started a fresh decline below the $3,320 and $3,250 levels. The price is trading below $3,250 and the 100-hourly Simple Moving Average. There is a key bearish trend line… Continue reading Ethereum Price Plummets: Potential Recovery Hindered by Bearish Pressure

These Are The Altcoins In Buy Zone, Analytics Firm Reveals

The on-chain analytics firm Santiment has revealed the altcoins that are currently in the historical buy zone according to a fair value model. A Large Amount Of Altcoins Are Currently Near The Opportunity Zone In a new Market Value to Realized Value (MVRV) ratios. The MVRV ratio is an indicator that keeps track of the… Continue reading These Are The Altcoins In Buy Zone, Analytics Firm Reveals

ETH Price Dips As Ethereum ETF Approval Faces Delay

Ethereum (ETH) price has encountered a setback after briefly surpassing the $3,500 mark on Monday, dropping once again to the $3,400 support level on Tuesday. The delay stems from the expected full approval by the SEC for Ethereum ETF applications, which have now been postponed to July 8. SEC Requests Revised Filings Analysts had initially… Continue reading ETH Price Dips As Ethereum ETF Approval Faces Delay

Ethereum Reverses Course: Can ETH Bulls Save The Day?

Ethereum price failed to climb above the $3,520 zone and corrected gains. ETH is now showing bearish signs below the $3,400 support zone. Ethereum started a downside correction after it failed to surpass the $3,520 zone. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There is a key bearish trend line… Continue reading Ethereum Reverses Course: Can ETH Bulls Save The Day?