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Tag Archives: Ethereum

Ethereum Price Analysis: Rally Possible Above This Hurdle

Ethereum price is gaining pace above the $1,200 level against the US Dollar. ETH price is now trading above $1,220 and the 55 simple moving average (4-hours). There is a key bullish trend line forming with support near $1,240 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,300 resistance zone. Ethereum price is rising above the $1,200 level against the US Dollar. ETH/USD could rise further if it clears the $1,300 resistance zone. Ethereum...

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Ethereum Price Analysis: ETH At Risk of Drop Below $1K

Ethereum price is struggling to clear the $1,250 resistance zone against the US Dollar. ETH price is now trading near $1,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,225 on the 4-hours chart (data feed from Coinbase). The pair could start a recovery wave if it clears the $1,235 resistance zone. Ethereum price is struggling below $1,250 against the US Dollar. ETH/USD remains at a risk of more losses if...

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Ethereum Price Analysis: ETH At Risk of Drop Below $1K

Ethereum price started a fresh decline from the $1,350 zone against the US Dollar. ETH price is now trading below $1,200 and the 55 simple moving average (4-hours). There is a major bearish trend line forming with resistance near $1,210 on the 4-hours chart (data feed from Coinbase). The pair could start a recovery wave if it clears the $1,240 resistance zone. Ethereum price is struggling below $1,300 against the US Dollar. ETH/USD remains at a risk of more losses if...

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Ethereum Price Analysis: ETH Eyes Recovery Above $1,300

Ethereum price started a fresh decline from the $1,650 zone against the US Dollar. ETH price is now trading below $1,400 and the 55 simple moving average (4-hours). There is a key bearish trend line forming with resistance near $1,280 on the 4-hours chart (data feed from Coinbase). The pair could start a recovery wave if it clears the $1,300 resistance zone. Ethereum price is struggling below $1,400 against the US Dollar. ETH/USD remains at a risk of more losses if there...

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Ethereum Price Analysis: ETH At Risk of Fresh Decline

Ethereum price started a fresh decline from the $1,680 zone against the US Dollar. ETH price is now trading below $1,600 and the 55 simple moving average (4-hours). There is a major contracting triangle forming with support near $1,530 on the 4-hours chart (data feed from Coinbase). The pair could decline heavily if there is a clear move below the $1,500 support zone. Ethereum price is struggling below $1,600 against the US Dollar. ETH/USD remains at a risk of more...

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Ethereum Price Analysis: Bulls Aim More Gains Above $1,600

Ethereum price is gaining pace above the $1,500 level against the US Dollar. ETH price is now trading above $1,450 and the 55 simple moving average (4-hours). There is a key declining channel forming with resistance near $1,605 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,650 resistance zone. Ethereum price is rising above the $1,400 level against the US Dollar. ETH/USD could rise further if it clears the $1,650...

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Could Stocks and Bitcoin Be Losing Their Correlation?

Many people are wondering if the prices of bitcoin and Ethereum are still correlated with the stock market. Some have been taking note of the unique price patterns that have been witnessed throughout the year, as while the general crypto space has moved in tandem with stocks throughout 2022, both BTC and ETH have seemingly moved on their own. Bitcoin and Stocks… Are They Losing Their Bond? For the most part, one can easily assume that since stocks have gone down and both...

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Opinion: The NFT Market Is Dying, but Are We Really That Surprised?

News has come about that the non-fungible token (NFT) marketplace has experienced a huge lapse in trading. So much, in fact, that it’s down roughly 97 percent from its all-time high recorded in January of this year. That means in just under ten months, the world of non-fungible tokens has practically become non-existent. The NFT Space Is Burning This cannot simply be attributed to the general collapse of the crypto market. It’s one thing to say BTC and ETH are suffering,...

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Ethereum Price Analysis: Bulls Aim Higher Above $1,400

Ethereum price is gaining pace above the $1,300 level against the US Dollar. ETH price is now trading above $1,320 and the 55 simple moving average (4-hours). There was a break above a major bearish trend line with resistance near $1,320 on the 4-hours chart (data feed from Coinbase). The pair could climb further if it clears the $1,370 resistance zone. Ethereum price is rising above the $1,320 level against the US Dollar. ETH/USD could rise further if it clears the...

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Analysts: Despite Bear Market, Bitcoin Has Remained Tough

Bitcoin, Ethereum, and the crypto space in general have not been doing well for nearly a year. The world’s number one digital currency by market cap has fallen from its November 2021 all-time high of about $68,000 per unit to roughly $19,000 at the time of writing. That’s a loss exceeding 70 percent, and it makes the bearish conditions of 2018 look tame by comparison. The crypto market has also lost more than $2 trillion in valuation. Bitcoin Has Remained Somewhat...

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