The broader economic perspective shows few signs to worry and it certainly couldn’t predict what transpired in the cryptocurrency markets at the start of the current business week. Bitcoin traded at $111,000 on Sunday evening, ETH was above $3,900, XRP was at $2.60, and so on. What followed, though, was a market-wide crash that pushed […]
Ethereum (ETH) is trading at around $3,700 at press time, down over 4% in 24 hours and nearly 11% on the week. While near-term momentum has turned bearish, several analysts are looking at this zone as a possible springboard for a broader move. Analysts Watch $3,800 as Key Level Ali Martinez outlined what he called […]
Ethereum (ETH) slipped once again below the $3,800 mark, but several factors suggest a substantial price rebound could be incoming. One such element is the reduced number of tokens stored on cryptocurrency exchanges. On the other hand, some analysts warn that the asset might be poised for an even more severe pullback in the short […]
Ethereum (ETH) has once again slipped below the $4,000 mark as the market plunged after Federal Reserve Chairman’s unexpectedly hawkish remarks on Wednesday. As a result, ETH’s Buy/Sell Pressure Delta has turned negative, while on-chain volume also started to decline. But Alphractal believes this combination might not be as bearish as it appears. Real Euphoria […]
The US Federal Reserve did what many anticipated and lowered the key interest rates by 25 bps earlier today. Although such a move is typically regarded as bullish for risk-on assets like crypto, the reality is that the immediate effect has been anything but positive. Even before the FOMC meeting, though, many expected such behavior […]
Ethereum continues to display choppy price action, remaining confined within a critical range as both buyers and sellers await a decisive breakout. Further consolidation is likely before a clear directional move takes shape. Technical Analysis By Shayan The Daily Chart On the daily timeframe, Ethereum’s consolidation phase has extended, with volatility and momentum both fading. […]
Ethereum is trading just below a key resistance level after holding support at $3,800. Market focus is now on whether buyers can push through the overhead pressure or if the price will face another rejection. ETH Holds at $3,800, Approaches Resistance Band ETH has recovered from recent lows and is currently trading around $4,000. The […]
BitMine Immersion Technologies has made its fourth purchase of Ether since the record liquidity flush on October 10. The company scooped up $250 million in ETH from Bitgo and Kraken on Monday, according to Arkham Intelligence which said “These accounts match Bitmine’s prior acquisition pattern.” “Will Tom Lee ever stop buying?” 3.2 Million ETH Holdings […]
Ether prices have reclaimed the $4,000 level, adding 3.6% on the day to reach $4,060 during the Monday morning trading session in Asia. The asset has gained almost 10% since its crash to $3,700 on Oct. 17, but still has a long way to go, trading down 18% from its all-time high. ETH prices have […]
95% of all Ether held by public companies was purchased in the past quarter alone, reported Bitwise on Wednesday. “Watch this space,” stated the crypto asset manager. Public corporations added 4.4 million ETH in the third quarter, resulting in a 1,937% increase over the previous one. There are only 27 public companies holding the asset, which […]