Tag: ETH

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Ethereum: Historical Playbook Points To $3,800 In Coming Months

August 9, 2023

Renowned analyst Josh Olszewicz has shared some compelling insights on Ethereum’s price trajectory. Drawing parallels from historical patterns, Olszewicz’s analysis suggests that Ethereum might be gearing up for a significant rally in the coming months. Historical Pattern: Ethereum Forms Ascending Triangle Olszewicz starts by highlighting Ethereum’s current price pattern, jokingly stating, “Ethereum: ascending triangle 450…
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Ethereum Crosses $1,800, But How Long Will Bullish Revival Last?

August 9, 2023

In recent weeks, Ethereum has demonstrated a downtrend in shorter timeframes, where the bulls struggled to maintain the critical $1900 support zone. This allowed the bears to gain dominance. However, there appears to be a change in price sentiment during recent trading sessions. On the daily chart, ETH experienced a 2% climb. A positive movement…
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Pepe Coin Price Jumps 9%, But BTC20 Launch Expected to Be Much More Explosive – 24-Hour Countdown Begins

August 8, 2023

The price of Pepe Coin (PEPE) has leaped around 9% in tandem with a broader cryptocurrency market rally on Tuesday. The world’s third-largest meme coin by market capitalization, which burst onto the scene back in May, was last trading around $0.0000012, now up more than 12% from the multi-month lows it hit on Monday around…
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Bitcoin, Ethereum Technical Analysis: BTC Nears 1-Week High, as Paypal Launches USD Stablecoin

August 8, 2023

Bitcoin rebounded on Tuesday, following the news that Paypal was launching a USD stablecoin on the ethereum blockchain. The company hopes the move will bridge the gap between fiat and cryptocurrencies for all of its stakeholders. Ethereum was marginally higher today. Bitcoin Bitcoin (BTC) was back in the green on Tuesday, as the cryptocurrency made…
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Biggest Crypto Gainers Today on DEXTools – 科太币, Toshi, Kitty, Evil Pepe

August 8, 2023

Major blue-chip crypto prices are under modest pressure on Monday, with Bitcoin (BTC) recently dipping below $29,000 once again and eyeing a retest of monthly lows, and Ether (ETH) testing the $1,800 and eyeing a retest of its 200DMA. There doesn’t seem to be any news driving the bearish price action, with traders likely booking…
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Bitcoin, Ethereum Technical Analysis: BTC Flatlines on Monday, as Market Volatility Continues to Fade

August 7, 2023

Bitcoin started the week mostly flat, as market volatility remained near recent lows during today’s session. Traders appear to be on the sidelines ahead of Wednesday’s key inflation report from the United States. Ethereum mostly consolidated on Monday. Bitcoin Bitcoin (BTC) continued to hover near the $29,000 level to start the week, as market volatility…
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Bitcoin, Ethereum Technical Analysis: BTC, ETH Extend Declines on Saturday, as Markets React to Latest NFP Report

August 5, 2023

Bitcoin started the weekend trading below the $29,000 level, as markets continued to react to the latest U.S. nonfarm payrolls (NFP) report. 187,000 jobs were added to the economy in July, less than the 200,000 markets had expected. Ethereum neared a multi-week low. Bitcoin Bitcoin (BTC) dropped to below the $29,000 level on Saturday, as…
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Bitcoin, Ethereum Technical Analysis: BTC Consolidates Around $29,000 Ahead of Nonfarm Payrolls 

August 4, 2023

Bitcoin is trading near a support point of $29,000, ahead of today’s U.S. nonfarm payrolls (NFP) report. It is expected that 200,000 jobs were added to the economy last month, down from 209,000 in June. Ethereum was marginally lower on Friday. Bitcoin Bitcoin (BTC) consolidated around the $29,000 level on Friday, as traders readied themselves…
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Why The Uniswap (UNI) Token Is Almost Worthless: Researcher

August 3, 2023

In an analysis, Anders Helseth, Vice President at K33 Research, has mounted a strong case against the viability of the Uniswap (UNI) token. His analysis pivots on the intriguing dynamics of the decentralized finance (DeFi) market, fundamentally challenging the current valuation and future potential of UNI. Helseth begins his argument with a seemingly straightforward question:…
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Quant Explains How These Indicators Affect Ethereum Price

August 3, 2023

A quant has explained how the indicators like taker buy/sell ratio and Coinbase premium index can influence the price of Ethereum. Ethereum’s Relationship With Taker Buy/Sell Ratio & Coinbase Premium Index In a new CryptoQuant quicktake post, an analyst has discussed some metrics that could hold relevance for the ETH price. The first indicator of…
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