Like Bitcoin, Ethereum’s price began to decline after failing to stay steady over $2,250. The price of ETH fell below $2,220 and $2,200. Additionally, the hourly chart of ETH/USD showed a breach below a positive trend line with support at $2,210. After trading as low as $2,176, the pair is now consolidating losses below the … Read more
Ethereum is making strides toward the $2,200 mark. The macro environment remains shrouded in uncertainty. Analyst Darkfost has pinpointed a signal in the derivatives market that hasn’t been seen in almost three years — surfacing just as the price approaches a critical level. The signal originates from the ETH Taker Buy Sell Ratio on Binance … Read more
Ethereum experienced a downturn on Tuesday, hovering just above $2,080 as the broader crypto market showed signs of weakness — a figure significantly below a crucial level pinpointed by expert Ali Martinez as the catalyst for a prolonged macro bull run. In a detailed analysis shared on social media platform X, Martinez argued that reaching … Read more
Ethereum price held steady above $2,050 and initiated a solid upward trajectory, mirroring Bitcoin’s performance. ETH price surged past the $2,080 and $2,120 resistance thresholds. The bulls have pushed the price past $2,150. A peak was established at $2,174 before the price initiated a downward correction. A decline occurred beneath the 38.2% Fibonacci retracement level … Read more
The current Ethereum price action presents an intriguing technical outlook, characterized by a range-bound environment on the higher timeframe, where patience will play a crucial role in determining the next move. The Ethereum price action is currently at a critical juncture. Crypto analyst Minga suggests that to achieve a true cycle bottom, one more downward … Read more
Recent data indicates that Ethereum’s Open Interest experienced a significant spike prior to the cryptocurrency’s price dropping nearly 5% in the last 24 hours. This week marked a notable recovery for Ethereum and the broader digital asset sector in the initial three days. However, Thursday introduced a shift, as the market overall experienced a retracement. … Read more
Ethereum’s price struggled to maintain levels above $2,150 and has now entered a new phase of decline, mirroring Bitcoin’s trajectory. ETH price has fallen below $2,120 and $2,080, signaling a move into bearish territory. The bears have driven the price down to around $2,020. A low was established at $2,032, and the price is currently … Read more
Ethereum has initiated a recovery wave, moving above the $2,125 threshold. The price is currently trading above $2,140, surpassing the 100-hourly Simple Moving Average. A significant breakout occurred above a crucial bearish trend line, with resistance identified at $2,145 on the hourly chart of ETH/USD. The pair may initiate a new downward trend if it … Read more
Ethereum has begun a significant drop, falling below the $2,200 threshold. The price is currently trading under $2,120 and below the 100-hourly Simple Moving Average. Two bearish trend lines are emerging, with resistance levels positioned at $2,120 and $2,165 on the hourly chart of ETH/USD. The pair may maintain its downward trajectory as long as … Read more
Ethereum continued its upward momentum, reaching a local peak of $2385, before experiencing a slight pullback to $2317 at the time of this report. The altcoin’s ongoing ascent triggered significant liquidations of futures positions. In a striking turn of events, more than $136 million in short positions faced liquidation, contrasted by $39 million in long … Read more