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Ethereum Price Key Indicators Suggest Strengthening Case For Upside Break

Ethereum remained supported above the $1,240 level against the US Dollar, the NewsBTC reported. ETH is rising and might soon attempt an upside break above the $1,300 barrier. Ethereum remained well bid above the $1,240 and $1,220 levels. The price is now trading above $1,260 and the 100 hourly simple moving average. There is a […]

Ethereum Price Broke Out Of Descending Channel, What’s Next?

Ethereum price has been trading within a descending trendline, which is a sign of bearishness. Over the last 24 hours, the Ethereum price has been different as the coin registered a 6% appreciation. As the coin appreciated, it broke outside of the descending channel. Over the last week, the Ethereum price lost more than 7% […]

Bitcoin And Ethereum Plunge Brings The Whole Market Down

The Merge hasn’t pushed crypto prices as expected. Instead, the third week of September has kicked off with more reds than greens. The entire market has plunged, and even the overall market cap dropped.  Currently, many crypto assets are losing every hour. Many crypto exchanges are forcefully liquidating leveraged positions. According to Coinglass, the total amount liquidated […]

Ethereum Ready for The Merge as Last Shadow Fork Completes Successfully

The successful completion of the last shadow fork signaled the readiness of the Ethereum network for migrating to a proof-of-stake consensus mechanism. Ethereum (ETH) developers confirmed the successful completion of the prerequisites — shadow forks — required for the highly anticipated blockchain upgrade, The Merge.  Shadow forks help developers stress test synchronization assumptions to ensure […]

Why The Ethereum Price Could Rally Above $1,800 Before A Big Crash

The Ethereum price is following Bitcoin as the two largest cryptocurrencies by market capitalization trend to the upside. The market is currently facing low timeframe resisting, but the general sentiment seems to have flipped bullish across the board. At the time of writing, Ethereum price trades at $1,700 with a 5% and 7% profit in […]

Lower Costs, Higher Speeds after Ethereum’s Merge?

There’s a lot of hype surrounding Ethereum’s Merge. But in reality, most users aren’t going to notice much change, the Cointelegraph writes. As we approach the date of Ethereum’s Merge, users have speculated about what it will mean for projects and the wider ecosystem. Some argue the Merge will have little impact on gas fees and believe […]

Ethereum Price ‘Cup and Handle’ Pattern Hints at Potential Breakout Versus Bitcoin

Ether has printed a classic bullish reversal pattern against Bitcoin weeks before the Merge launch date. Ethereum’s native token Ether (ETH) has rebounded 40% against Bitcoin (BTC) after bottoming out locally at 0.049 on June 13. Now, the ETH/BTC pair is at two-month highs and can extend its rally in the coming weeks, according to […]

Ethereum Shows Signs Of Exhaustion, But Could It Still Touch $1,700?

The crypto market has extended its bullish momentum despite recent tailwinds, Ethereum continues to lead in this recovery. The second crypto by market cap trades at $1,600 with a 35% profit in the past week, the NewsBTC reported on July 22. Trading firm QCP Capital shared a market update claiming the current bullish price action has been […]