Tag: Ethereum

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (May 13) – ETH Faces Resistance At $3k Following Latest Surge, Will It Overcome?

Ethereum ETH appeared to have found firm support as it failed to advance bearishness over the past month. It remained stagnant for days but is now showing signs of strength following a 1% gain since yesterday. Rolling back under the crucial $3,000 level last week, Ethereum became weaker and looks […]

Crypto, News

Ethereum’s Performance Diverges From Bitcoin Amidst Weak Capital Rotation Trend

Throughout the 2023-23 cycle, a notable discrepancy has emerged in the performance of Ethereum compared to Bitcoin. While Bitcoin has demonstrated resilience and maintained its price stability, Ethereum has experienced weaker price performance.  There has been a growing divergence in performance between #Bitcoin and #Ethereum during the 2023-23 cycle thus […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (May 6) – ETH Bears In Disbelief Amid Recovery As It Revisits $3,200 Range With Rejection, What’s Next?

After dipping below $3k last month, Ethereum found support and climbed back significantly. While the bears are still in disbelief, it continued to show signs of strength but the price is still down 3% on a weekly scale. Last Wednesday, Ethereum traded as low as $2,817 following weeks of crackdown. […]

Crypto, News

Ethereum Faces Uncertainty Amid SEC’s Rumored Rejection Of Spot ETF Proposals

Ethereum has become the focal point of discussion within the cryptocurrency community, with traders closely following reports speculating on the SEC’s intentions to reject spot Ethereum ETF proposals in May.  This development comes after the approval of spot Bitcoin ETFs on January 11, 2024, and the much-anticipated Bitcoin halving event […]

Market Analysis

ETHEREUM PRICE ANALYSIS & PREDICTION (April 22) – ETH Recovers After Establishing Base Support, Can It Surpass This Crucial Resistance Line?

Following a series of selling in the past month, ETH tested a two-month low and found support. It is slowly regaining strength and now aims at a confluence resistance line, where a potential breakout may occur. Ethereum ended last week’s trading a bit strong after posting losses in the preceding […]

Crypto, News

Ethereum Community Debates Monetary Policy Amidst Rising Interest And Price Decline

As cryptocurrency prices continue their downward trend, Ethereum has emerged as a focal point of discussion, experiencing a notable surge in conversation volume.  Despite the overall market decline, the introduction of a new ETF has sparked increased interest in Ethereum, the second-largest cryptocurrency by market capitalization, even as short positions […]