Category: Ether price

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Bitcoin price hits $24K, but analysts say on-chain data points to an ‘inevitable’ pullback

The crypto market rally continues, but analysts are on the fence about whether BTC and ETH will slip back into range or push closer to higher-timeframe resistance levels. Cryptocurrency investors continue to enjoy this week’s bullish price action after Bitcoin (BTC), Ether (ETH) and a handful of altcoins rallied on July 20 alongside gains in the…
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Ethereum price breaks out, hits 2-month high versus Bitcoin — is the rally sustainable?

The rally has pushed ETH price toward strong resistance levels, increasing its pullback risks against Bitcoin. Ethereum’s native token Ether (ETH) has successfully avoided a bearish technical setup to reach a two-month high against Bitcoin (BTC). ETH price bear flag invalidated The ETH/BTC pair invalidated its prevailing “bear flag” pattern after Ethereum developers announced this…
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2018 Ethereum price fractal suggests a $400 bottom, but analysts say the merge is a ‘wildcard’

A key ETH price indicator suggests the altcoin’s downtrend could extend to $400, but analysts are unsure whether the upcoming Ethereum Merge will be a bullish or bearish event. There’s no rest for the weary during a bear market, and the Crypto Fear and Greed index shows that investor sentiment has been stuck in a…
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Why is there so much uncertainty in the crypto market right now? | Market Talks with Crypto Jebb and Crypto Wendy O

Why is there so much uncertainty in the crypto market right now? Join us as we try to figure it out with Tim Warren, co-host of Coffee N Crypto, and Crypto Wendy O In the fourth episode of Market Talks, we welcome YouTube media creator and crypto educator Crypto Wendy O. Crypto Wendy O is a…
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Ethereum $1K price support in danger as Q2 comes to a close

The latest ETH plunge has triggered a bearish continuation setup, with an interim downside target 20% below the current prices. Ethereum’s native token Ether (ETH) fell on the final trading day of Q2/2022, trading in sync with riskier assets amid persistent fears of higher inflation and rising interest rates. And it could result in further…
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Final Capitulation — 5 reasons why Bitcoin could bottom at $10,000

Bitcoin. The bottom. Are we there yet? Several higher timeframe metrics suggest BTC’s real bottom will be somewhere around $10,000. Bear markets have historically been challenging to navigate for traders and the conventional set of “reliable” indicators that determine good entry points are unable to predict how long a crypto winter might last. Bitcoin’s (BTC) recent…
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Ethereum price breaks out as ‘bad news is good news’ for stocks

Ether has rebounded by nearly 40% in the last six days despite persistent “bull trap” risks. Ethereum’s native token, Ether (ETH), gained alongside riskier assets as investors assessed weak U.S. economic data and its potential to cool down rate hike fears. Ether mirrors risk-on recovery ETH’s price climbed up to 8.31% on June 24 to…
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Crisis in crypto lending shines light on industry vulnerabilities

Leading crypto lending firms and hedge funds have run into trouble due to the market turmoil but more so because of their unchecked reckless decision-making process. The crypto market has entered a bearish phase as prices of major cryptocurrencies have fallen to a four-year low. The current downturn in the crypto market has driven several…
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Three Arrows Capital has failed to meet margin calls: Report

Crypto lender BlockFi was among several companies to liquidate at least some of 3AC’s positions, according to a new report. Venture firm Three Arrows Capital (3AC) has reportedly failed to meet margin calls from its lenders, raising the spectre of insolvency after this week’s crypto market collapse triggered unforeseen liquidations for the Singapore-based company. Crypto…
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Ethereum crashed by 94% in 2018 — Will history repeat with ETH price bottoming at $375?

ETH’s latest plunge could bring more pain despite expectations that $1,200 should hold. Ethereum’s native token Ether (ETH) is showing signs of bottoming out as ETH price bounced off a key support zone. Notably, ETH price is now holding above the key support level of the 200-week simple moving average (SMA) near $1,196.  The 200-week SMA…
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