Tag Archives: ETHBTC

The price of Ethereum has been held by the 100-day moving average, which has prevented further decline for several months. However, despite multiple attempts, the cryptocurrency has been unable to surpass the crucial resistance level at $2K, indicating a lack of demand. By Shayan The Daily Chart On the daily chart, the price faced rejection after the third attempt to break through the $2K resistance region within the last month. This rejection coincided with a decline in...

Supporters of war-torn Ukraine have reportedly donated over $225 million worth of crypto to the country in its fight against Russia.  Prominent companies and figures part of the digital asset industry, such as the world’s largest cryptocurrency exchange Binance and Tron’s founder Justin Sun, have also contributed to the nation’s efforts. The Strong Start Followed by Stagnation According to a Crystal Blockchain report (seen by CoinDesk), Ukraine has received almost a quarter...

Ethereum’s price has once again failed to break above the psychological resistance level of $2,000. While the PA has been bearish over the past few days, there is hope that the market might rebound soon. Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has been dropping since getting rejected around the key $2,000 level. The 50-day moving average is providing support near $1,850 at the moment. However, if it breaks down, the 200-day moving...

Ethereum buyers have been struggling to push the price above the significant resistance region of $2K. Nevertheless, the price is currently navigating a crucial range bounded by that level and the dynamic support provided by the 100-day moving average. Technical Analysis By Shayan The Daily Chart On June 21st, Ethereum managed to surpass the 100-day moving average and continued its prevailing uptrend after a pullback, eventually reaching the critical resistance area at $2K....

This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polygon. Ethereum (ETH) Ethereum has shown indecision in the past week. This allowed sellers to take over the price action, which ended the week with a 5% loss. Despite this correction, the cryptocurrency remains above the key support at $1,820. The current resistance is found at $2,000. ETH tried several times to turn this key level into support, but buyers were not strong enough, and the price fell...

Ethereum’s price rally has slowed down in recent weeks. The price has yet to break above the $2,000 level, which is making many market participants worried. Ethereum Price Technical Analysis By: Edris The Daily Chart: On the daily timeframe, the price has been forming higher highs and higher lows since rebounding from the 200-day moving average earlier in June. However, there is a clear lack of bullish momentum, as the ETH price keeps pulling back towards the 50-day moving...

XRP – the native token of Ripple – has been one of crypto’s best performers ever since the enterprise blockchain provider notched a landmark win in its legal battle against the US Securities and Exchange Commission (SEC). According to Kaiko, XRP trades have recently comprised 21% of the total crypto trading volume, leaving BTC in second position with 20%. Ripple’s court victory acted as a catalyst for the native coin of the organization, which has soared by over 55% in the...

The team behind Base – an Ethereum Layer 2 chain built on OP Stack in collaboration with Optimism – said its mainnet is available for builders to deploy their products.  The entity will release a “Genesis Builder” NFT to commemorate those who entered the ecosystem from the get-go. However, it has no intentions of issuing a network token. The Latest Step Base announced its testnet launch in February, which allowed it to connect with “incredible builders and have watched their...

Eric Adams – the mayor of New York City – has reportedly pledged to amend his annual financial disclosure form after failing to include his cryptocurrency stash.  The former police officer is an outspoken proponent of bitcoin and received some of his salaries in BTC instead of fiat currency.  Fixing the Mistake As reported by CNBC, Adams asked if he could correct the document filed with the Conflicts of Interest Board since he misunderstood one of the questions. Asked whether...

This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) The market turned bullish yesterday, and Ethereum broke above $2,000. This allowed it to book a respectable 7% price increase this week. The momentum is bullish, and continuation seems likely. The current resistance is found at $2,120 and represents a local high achieved in April which is also the last time ETH broke above $2,000. A second attempt to break this key level...