Ethereum Price Dumps To $2,700, Bulls Scramble To Defend Support
Ethereum price started a major decline after it failed to clear $3,050. ETH is down 10% and is now struggling to stay above the $2,700 support. Ethereum failed to stay above $2,880 and started a fresh decline. The price is trading below $2,800 and the 100-hourly Simple Moving Average. There is a steep bearish trend…
Ethereum Price Slips Below $3,000, Setting Up A Support Battle
Ethereum price started a recovery wave above the $2,880 zone but it failed near $3,050. ETH is declining and might struggle to stay above $2,920. Ethereum failed to stay above $3,000 and started a fresh decline. The price is trading below $2,990 and the 100-hourly Simple Moving Average. There was a break below a bullish…
Ethereum Price Breaks Back To $3K As Traders Question Follow-Through
Ethereum price started a recovery wave from the $2,800 zone. ETH is now trading near $3,000 and might aim for more gains if it clears $3,050. Ethereum managed to stay above $2,850 and started a recovery wave. The price is trading above $2,950 and the 100-hourly Simple Moving Average. There is a bullish trend line…
Ethereum Price Rebounds, Yet $3K Remains A Brutal Resistance Test
Ethereum price extended losses and tested the $2,800 zone. ETH is now recovering some losses and might aim for more gains if it clears $2,960. Ethereum remained in a bearish zone and traded below $2,960. The price is trading just above $2,900 and the 100-hourly Simple Moving Average. There was a break above a bearish…
Ethereum Price Sinks To $2,800, Raising Fresh Downside Fears
Ethereum price extended losses and traded below the $2,865 zone. ETH is now consolidating losses and might aim for a recovery if it clears $2,920. Ethereum remained in a bearish zone and traded below $2,950. The price is trading below $2,900 and the 100-hourly Simple Moving Average. There is a bearish trend line forming with…
XRP Price Bearish Continuation Confirmed As Downside Pressure Builds
XRP price extended losses and traded below $1.880. The price is now consolidating and might decline further if it remains below $1.920. XRP price started a fresh decline below the $1.90 zone. The price is now trading below $1.90 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance…
Analyst Says You’re Not Bullish Enough On Ethereum – What Does He Mean?
A growing number of analysts believe Ethereum’s current price action is being misunderstood. Although frustration is growing due to Ethereum’s inability to hold above $3,000, some technical analysts are quick to point out that the structure forming beneath the surface tells a very different story. According to one analyst, the real risk right now is…
Ethereum Funding Rates Pushing Towards Negative: What’s Going On?
Ethereum is reflecting trader sentiment across the derivatives markets. ETH is currently trading at $2,925, down 2.7% on the day, after moving within a 24-hour range capped at $3,012.99 and finding lows around $2,909.60, according to price data from CoinGecko. As price action weakens, a notable change has been developing, with on-chain data showing funding…
Ethereum Emerges As Likely Candidate In BlackRock Tokenization Vision – Here’s Why
Recent remarks from BlackRock CEO Larry Fink have pointed toward the need for a single, unified blockchain for tokenized markets, and have intensified the focus on platforms capable of handling institutional-scale liquidity, compliance, and settlement. With its long track record in smart contracts, extensive developer ecosystem, and growing role in regulated financial products, Ethereum is…
Ethereum Bulls Must Conquer $3,050 Or Momentum Quickly Fades
Ethereum price started a minor recovery wave from the $2,865 zone. ETH is now consolidating losses and might aim for a recovery if it clears $3,050. Ethereum started a consolidation phase below $3,050. The price is trading below $3,040 and the 100-hourly Simple Moving Average. There was a break above a contracting triangle with resistance…