Tag Archives: Ethereum (ETH) Price

After reaching a new two-week high of over $58,500, bitcoin has retraced slightly and currently trades around $57,000. Most altcoins have also marked minor losses on a 24-hour scale. Ethereum is among the few exceptions as ETH is closing down to $3,000. Bitcoin Stalls Around $57K As CryptoPotato reported yesterday, the primary cryptocurrency finally produced more decisive moves upwards. After trading in a range of around $54,000, bitcoin initiated an impressive leg up that...

Following several days of consolidation around and beneath $55,000, bitcoin finally made a move and jumped above $58,000. Despite new records for Ethereum and Binance Coin, BTC actually managed to reclaim some of its recently lost market dominance. Bitcoin Adds $6K in Two Days While the altcoin market was producing impressive price pumps lately, bitcoin seemed stalled at best. The primary cryptocurrency had recovered from its April slumps that drove it below $50,000 but had...

The crypto market recovered this week, but bitcoin seems unable to catch up with the momentum that alts are currently getting. This is perfectly visible in the below chart, showing that large-cap altcoins outperformed it, dollar-wise, substantially. Bitcoin Bitcoin saw a small 5.4% price hike over the past seven days as it currently sits around $54,300. It found support at $47,000 (.5 Fib) on Sunday and rebounded from there to close the daily candle around $49,000. On...

ETH/USD – Bulls Set New ATHs Again On The Road To $3000 Key Support Levels: $2600, $2520, $2440.Key Resistance Levels: $2830, $2930, $3000. Ethereum is up by an impressive 16% this week as the cryptocurrency set a new ATH today at $2732. The coin found support around $2200 on Sunday as it rebounded from the lower boundary of a symmetrical triangle pattern. This consolidation pattern was broken on Monday as ethereum pushed above $2520. The bullish pressure continued yesterday...

The Ethereum DeFi ecosystem has hit 2 million users. The number of unique Ethereum addresses that have interacted with Ethereum-based protocols, as shown in the chart below by Dune Analytics, has seen a sharp increase recently, with volume ramping up heavily within the last 2 months. Source: Dune AnalyticsRecord Users and Record Prices During this period, ETH has been hitting record highs, going from $738 at the start of the year to $2,637 right now. Today, the price also...

ETH/USD – Market Trades Inside Symmetrical Triangle Pattern Key Support Levels: $2400, $2280, $2162.Key Resistance Levels: $2517, $2642, $2680. Etheruem saw a strong 10% price hike today as the cryptocurrency pushed higher from $2300 to reach the current level. With today’s movement, ETH managed to break the resistance at $2402.50 (1.414 Fib Extension) that it failed to close a daily candle above last week. If today’s daily candle can close above here, it will be a solid...

It was a red week all over the cryptocurrency market. Almost everything, with a few exceptions, declined substantially as the total market cap slipped below $2 trillion. Bitcoin Bitcoin saw a turbulent week in which the price dropped by a steep 20% to break beneath $50,000 and reach as low as $47,500 today. The cryptocurrency fell beneath $60,000 at the start of the week as it saw a large spike lower in which it dropped to the $51,440 support (.618 Fib). It managed to...

It has taken the second-largest cryptocurrency by market cap less than a week to break above its ATH record. Ethereum has jumped by more than 10% on a 24-hour scale and spiked north of $2,570.  CryptoPotato reported over the weekend the steep market-wide retracements in which all digital assets saw $360 billion evaporated from the market capitalization.  Ethereum was no exception. It had come off right after its record at the time of just shy of $2,550 and plummeted by...

While some traders have panic-sold during the recent market-wide crash, Ethereum whales have continued accumulating massive chunks. As a result, the number of large ETH holders has surged to a new all-time high. Meanwhile, ETH is also charting serious intraday gains against BTC. ETH Whales Keep On Buying The second-largest cryptocurrency entered the new year at just over $700. Whether it was the massive usage of the Ethereum blockchain in DeFi and NFT, the impressive bull run...

ETH/USD – Bulls Battle To Remain Above .382 Fib & 20-days MA Support Key Support Levels: $2162, $2100, $2000.Key Resistance Levels: $2300, $2400, $2517. Etheruem is currently down 14.5% from the highs at $2517 set last week. The cryptocurrency had met resistance at a 1.618 Fib Extension level as it started to drop. The crash seen on Sunday caused ETH to dip as low as $1925, where it found support at a .618 Fib Retracement level. It recovered quickly from there to close...