Ethereum broke out of a channel and remained indecisive for days following a steady increase to a monthly high. The trend still looks bullish but seems a correction is underway. Since the price touched $1,680 last week, Ethereum is yet to make a major move above that level as the price […]
Tag: Ethereum
Ethereum Price Analysis & Prediction (Jan 25th) – ETH Soars to 3-Month High Amid Fresh Market Recovery But Facing Rejection
As Bitcoin breaks higher, major altcoin like Ethereum is seriously driving more into greens. As a result of this, the bulls have continued to take the bears by surprise as Ethereum soared to a 3-month level. Just as expected, Ethereum found support above $1,500 and bounced higher to the important […]
Ethereum Price Analysis & Prediction (Jan 18th) – ETH Bulls Take Break After Pushing Consistently For Two Weeks, Can They Refuel Above $1.5k?
Ethereum’s price increased by 33% over the past two weeks after breaking out of a long-term channel. The consistent price increase has pushed the cryptocurrency to a 2-month high. Since the beginning of the year, Ethereum has been following a bullish sentiment and has tapped a 2-month high at $1.6k […]
Ethereum Price Analysis & Prediction (Jan 2nd) – ETH is Trapped, Can The Bulls Scale Through This Range
The last 24-hour increase in Ethereum’s price has suggested a positive move in intra-day trading. However, it may face some hurdles on its way up to set a bullish tone for the year 2023. Ethereum appeared to be starting this week in a positive mode with a 1.9% daily gain, […]
Ethereum Price Analysis & Prediction (Dec 10th) – ETH Drops After Tapping $1300, Bearish Formation in Play
The break and retest pattern appeared finished as Ethereum prepared for a new swing low. The price is still trapped in a supply zone due to low trading volume. A huge sell-off is imminent. Ethereum has started to show signs of weakness again after it tapped $1300 on Monday. The […]
Ethereum Price Analysis & Prediction (Nov 28th) – ETH Rejects $1200 After a Retest, Potential Sell Underway
Following market sentiment, Ethereum continued to trade convincingly below the crucial $1200 level since the price declined heavily over the past several weeks. It has tried to recover above this level, but the pressure was not enough to increase the price. Over the past few days, Ethereum saw an increase […]
Ethereum Price Analysis & Prediction (Nov 22nd) – Eth Continues to Decline as Global Market Decreases by 5%
Ethereum has resumed selling pressure after it suspended trading sideways for days. It lost the $1,900 support last weekend due to the bears’ reinforcement. As a result of this, the price has been down by 7.17% over the past 24 hours. Following the initial drops from the daily channel’s resistance […]
Bitcoin and Ethereum Display Considerable Bearish Price Action
The majority of cryptocurrencies, including Bitcoin, Ethereum, BNB, XRP, and others, are exhibiting notable adverse price movements. After a strong start to the month and sideways trading the previous week, it appears that the bears are once again in control of the markets, driving the market valuation of all cryptocurrencies […]
Significant Growth in Trading Volume for Bitcoin and Ethereum but Prices Remain Unchanged
This week’s trading in cryptocurrency markets has remained sideways as Bitcoin and Ethereum have retained their ground. Despite a rise in trade volume over the last 24 hours, Bitcoin and Ethereum remain in the $20k and $1,500 range, respectively, just like yesterday. Let’s examine the recent cryptocurrency news that has […]
Following Last Week’s Bull Run, Sideways Trading for Bitcoin and Ethereum Continues
Cryptocurrency markets are still holding up today following a stellar run last week. While Ethereum has gained fresh support around the $1,500 level, Bitcoin is still trading near the $20k mark. Let’s examine recent news that is important to the markets. Summary: After the bull run of last week, cryptocurrency […]
Cryptocurrencies Move Sideways Following Last Week’s Bullish Run
This week’s trading for cryptocurrency markets has remained sideways while Bitcoin and Ethereum retain their ground. With today’s trade volume up over 40%, Bitcoin is maintaining support reasonably well after increasing by more than 6% this week. Let’s examine the significant news for Bitcoin and Ethereum values this week. Summary: […]
Bitcoin And Ethereum Prices Test Support As The Cryptocurrency Market Recovers
Today’s markets are attempting to hold on to gains made during yesterday’s bull run, which saw significant price increases for Bitcoin and Ethereum. The trading volume for BTC and ETH has decreased by an average of 30% during the last 24 hours, indicating that this Thursday will be a quiet […]
Bitcoin and Ethereum Prices Have Another Boring Day, with Little Change as Volatility Declines
It appears that this week’s price movement will continue a similar pattern as last week’s, in which crypto assets trade sideways within a constrained range with varying volatility throughout the week. Ethereum is trading in the $1,300 area, while Bitcoin is at $19,000. The trade volume for BTC and ETH […]
Bitcoin and Ethereum Prices Remain Flat in the Crypto Market Weekly Recap
As the bear market persists, cryptocurrency markets are beginning to exhibit less and less volatility. This week, the price of Bitcoin and Ethereum has been fluctuating within a small range, suggesting that they have found their support levels. Let’s review this week’s crypto market news to see how it affected […]
Bitcoin and Ethereum Volatility on October 21st at Record Low
This Friday, with the values of Bitcoin and Ethereum mostly unchanged, the sideways trading trend from this week continues. Surprisingly, this Friday’s trading volume for Bitcoin and Ethereum is up significantly, indicating a strong market. Let’s examine significant news this week that has an impact on prices. Summary: The prices […]
Grayscale Files Lawsuit Against the SEC, Cryptocurrency Markets Are Unchanged
The low volatility trend and sideways trading seen this week are still present in today’s cryptocurrency markets. Even though trading volume yesterday remained comparatively high, we anticipate further drops this Thursday for top crypto assets like Bitcoin and Ethereum. A press release announcing that the CEO of Grayscale is suing […]
Crypto Market Update for October 18th: Bitcoin and Ethereum Continue to Trade Sideways
Although the prices of Bitcoin and Ethereum have barely changed this week, cryptocurrency markets have continued to move sideways. Despite the trading volume and momentum in the cryptocurrency market grew yesterday, there hasn’t been any price movement so far today. The general cryptocurrency market cap is $927 billion, Bitcoin is […]
Momentum Kicks in, Bitcoin and Ethereum Prices Recover in the Cryptocurrency Market Update for October 17th
This Monday, as Bitcoin and Ethereum prices trade above support lines, cryptocurrency markets are seeing a noticeable improvement in trading volume and price. BTC and ETH have gained 2% and 3%, respectively, in the last day as the new week gets underway after battling over the weekend with low activity […]