Thursday , March 28 2024
Home / Tag Archives: ethusd (page 3)

Tag Archives: ethusd

Ethereum Pushes Above $2.3K as Bulls Make a Stand, What’s Next? (ETH Price Analysis)

Ethereum’s price has been dropping over the last couple of weeks following a decisive rejection from a significant resistance level. Yet, there are several support levels nearby. Technical Analysis By TradingRage The Daily Chart On the daily chart, the price has been forming a large ascending channel over the last year. It has recently tested the higher boundary of the channel, which coincided with the $2,750 resistance level and failed to break above. The resulting rejection...

Read More »

Interesting Metric Sparks Hopes for Reversal as ETH Clashes With $2.2K Support (Ethereum Price Analysis)

After facing rejection from the formidable resistance zone at $2.6K, Ethereum underwent a substantial downturn, breaking through multiple critical support levels. However, it has now landed at a substantial and decisive range, suggesting the possibility of a bullish reversal. By Shayan Ethereum Price Analysis: The Daily Chart A detailed analysis of Ethereum’s daily chart reveals a notable rejection after attempting to surpass the $2.6K resistance, resulting in a 20% decline....

Read More »

Bitcoin Price Nosedives Toward $40K as Crypto Markets Cool Off: This Week’s Recap

The cryptocurrency market seems to have been cooling off throughout the past seven days, decreasing to its current capitalization of $1.69 trillion. This comes a week after the United States Securities and Exchange Commission approved a spot Bitcoin ETF. Undoubtedly, the above has been on everyone’s mind for the last few months. Now that the approval is finally here, the market is cooling down. Somewhat expectedly, the ETF didn’t attract hundreds of billions of inflows. In...

Read More »

Bull Market Over for ETH Following Drop to $2.4K? (Ethereum Price Analysis)

Ethereum’s price has been on the rise over the last few months, breaking through resistance levels one by one. Yet, the cryptocurrency might have reached a potential turning point. Technical Analysis By TradingRage Ethereum Price Analysis: The Daily Chart On the daily chart, the market has been acting very bullish since breaking the 200-day moving average to the upside. It has been making consistently higher highs and lows, with the Relative Strength Index showing values...

Read More »

Bitcoin Spot ETF Approved, Ethereum Explodes 20% Weekly, and More: This Week’s Crypto Recap

What a week… The United States Securities and Exchange Commission finally greenlighted a spot Bitcoin Exchange-Traded Fund (ETF). Those of you who’ve been following the industry for many years know that this has been one of the most highly-anticipated moments, and it’s absolutely monumental how far the industry has come in 2024. But the process itself was particularly scuffed, to say the least. First, the SEC’s X account was compromised, and the attacker tweeted (falsely)...

Read More »

ETH Uncertain Above $2.2K but is a Drop Toward $2,000 in Play? (Ethereum Price Analysis)

Ethereum’s price is currently finding it difficult to rally higher following weeks of aggressively bullish price action. Yet, there are still several support levels nearby that could keep the cryptocurrency from dropping lower. Technical Analysis By TradingRage The Daily Chart On the daily timeframe, the price has been on the rise since breaking above the 200-day moving average and the large descending channel. While ETH is still trading above the key $2,000 level, it is...

Read More »

Is Ethereum Finally Going to Break Above $2.4K? (ETH Price Analysis)

Ethereum’s price has encountered a significant obstacle at the critical $2.4K resistance, leading to an extended consolidation phase within this pivotal range. This situation and the bullish sentiment in the futures market have heightened expectations for a potential bullish breakout. By Shayan Ethereum Price Analysis: The Daily Chart A detailed examination of Ethereum’s daily chart reveals an ascending consolidation period, with the price approaching a substantial...

Read More »

SBF’s Conviction, SEC’s Legal Defeats Against Ripple, Binance’s New CEO: Major Crypto Events That Dominated 2023

What an eventful year it has been for the crypto industry! With 2023 coming to an end, the cryptocurrency space has had its share of battles and victories, all of which continue to shape an industry that, though still growing, has managed to make a mark in the global financial sector. This year, regulators came down hard on key players in the market, one of the biggest and most influential CEOs pleaded guilty to a criminal charge, and the hype around a spot Bitcoin...

Read More »

ETH Stopped at $2.4K as Bears Push for a Correction (Ethereum Price Analysis)

Ethereum’s price is encountering significant resistance around the pivotal $2.4K region, highlighting an ongoing struggle between buyers and sellers. Despite efforts, the price has been unable to surpass its previous swing high of $2403, leading to a slight pullback and the potential formation of a double-top pattern. By Shayan The Daily Chart After a period of sideways consolidation near the crucial $2.3K mark, the price surged with the aim of reclaiming its previous daily...

Read More »

Ethereum Founder Vitalik Buterin Says Original Web3 Vision Has Been Lost

In a new blog post, Vitalik Buterin noted the loss of the original web3 values, the ways that the community can get back on track, and the progress that Ethereum has made so far. Vitalik Buterin has always been a big personality. As one of the founders of Ethereum, he has been a major figure within the crypto world for over a decade. He is also known for being outspoken about his views, which has sometimes led to him feuding with others. But his most recent blog post, published by Buterin...

Read More »