Ethereum maintained its upward trend on June 15th, rising by 2.75% for the second consecutive day. The decision was made following a change in market sentiment, influenced by news of a U.S.-Iran peace agreement and the reopening of the Strait of Hormuz. ETH was valued at 1,720, reflecting a 2.75% increase over the last 24 … Read more
Ethereum price successfully maintained its position above the $1,600 support level and initiated a new upward movement, similar to Bitcoin. ETH price accelerated towards a breakthrough above $1,620 and $1,640. The price even climbed toward $1,740. A high was established at $1,731, and the price is currently solidifying gains above the 23.6% Fibonacci retracement level … Read more
A popular analyst stated that ETH will play a “important role in the world of tokenisation, DeFi, and all.” The world’s second-largest cryptocurrency by market cap has exhibited contentious price fluctuations across both micro- and macro-timeframes. Even when it achieved a new all-time high last year, it was only marginally above the prior peak. However, … Read more
Ethereum continues to face considerable pressure across both higher and lower timeframes following the rapid loss of several key technical levels. While the recent rebound from the local bottom around $1.5K has provided some short-term relief, the broader structure still favours sellers unless ETH can reclaim a series of key resistance zones overhead. Moreover, the … Read more
Despite ongoing market uncertainty and a bearish outlook in certain areas of the cryptocurrency sector, Ethereum is on the verge of a notable adoption milestone, as the count of non-empty wallets approaches 200 million. While price fluctuations often dominate investor attention, the consistent increase in wallet activity indicates that engagement within the ETH ecosystem is … Read more
Ethereum price was unable to maintain its position above the $1,680 level and continued its downward trend, similar to Bitcoin. ETH price accelerated towards a decline beneath the $1,665 and $1,650 thresholds. The price even tested the 50% Fibonacci retracement level of the upward move from the $1,505 swing low to the $1,720 swing high. … Read more
Ethereum price struggled to maintain its position above the $1,700 mark and continued its downward trend, mirroring Bitcoin’s performance. ETH price accelerated towards a decline, targeting levels beneath $1,680 and $1,665. There was a breakdown beneath a bullish trend line, with support positioned at $1,700 on the hourly chart of ETH/USD. The bears have driven … Read more
Ethereum’s controversial history during this period of extreme distress persists, as the asset ranked among the poorest performers on Friday and throughout the correction, plummeting to a 14-month low at $1,500. Following the recent FUD circulating on X regarding the potential sale by ConsenSys’ Joseph Lubin, there’s a silver lining for Ethereum. This includes insights … Read more
Ethereum’s weakness is becoming more apparent as whale positioning shifts. Price has dropped to approximately $1,740, positioning ETH beneath the whale realised price around $1,900. That gap indicates that numerous large holders are currently experiencing unrealised losses instead of profits. The pressure extends further. ETH is currently trading below the Binance listing AVWAP, hovering around … Read more
Ethereum price struggled to maintain stability above the $2,000 mark and has initiated a new downward trend, similar to Bitcoin. ETH price has fallen below the $1,980 and $1,950 thresholds. There was a breakdown beneath a contracting triangle, with support identified at $1,975 on the hourly chart of ETH/USD. The price even dipped below $1,920. … Read more