Ethereum Price Analysis - Technicals bullish as DeFi continues to lock up tokens

The quantity of Ethereum (ETH) locked in DeFi apps has increased significantly over the past year, potentially providing a new avenue to decrease the circulating supply. дальше »

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Do or Die: Ethereum Tests Critical Support Region as Bears Try to Regain Control

Ethereum has been struggling to garner any technical strength in the time following its dip below $380 This is a critical level that has determined its trends in the past, and the break below it is quite bearish Where the entire market trends next will likely depend on Bitcoin, but any near-term BTC downside could force ETH below a critical support level It is currently trading just a hair above this level, and one analyst […] дальше »

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1,000,000 Ethereum would have been burned in the past year if EIP-1559 was live

Ethereum users have faced extreme transaction fees over recent weeks and months.  At one point, there were users paying $10-20 just to send ETH and ERC-20 tokens from address to address as the cost of gas spiked to 1,000 Gwei and beyond temporarily. дальше »

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$700: Analysts Expect Ethereum to See a Massive Surge as ETH 2.0 Rollout Nears

Ethereum has been closely tracking Bitcoin over the past few days and weeks This has caused the cryptocurrency to see some turbulence as of late, with news regarding the OKEx founder being arrested sending BTC and ETH reeling lower This decline was short-lived, and bulls were able to rapidly step up and begin absorbing this selling pressure Analysts are now noting that upside could be imminent for the market, and ETH could see some serious […] дальше »

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Ethereum is About to Rocket Higher as Bulls Break Multiple Key Levels

Ethereum’s price has been moving in lockstep with Bitcoin’s throughout the past few days Although this previously caused it to see a prolonged period of boring and lackluster price action, it eventually worked in ETH’s favor The cryptocurrency is now rallying higher and approaching its crucial $380 resistance as buyers take full control of its short-term price action The ongoing upswing is significant, as it has allowed both ETH and BTC to shatter the selling […] дальше »

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Top DeFi Coins Boom 5-20% As Ethereum Roars Higher, Fundamentals Strong

Ethereum has undergone a strong surge in the past 24 hours as buyers have stepped back into the crypto market. In the past day alone, ETH has gained 5%, as it currently trades at $368. For context, Bitcoin is only up around 1. дальше »

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Here are the Key Levels Ethereum Must Shatter to Kick Off a Bull Trend

Ethereum’s price has been closely tracking that of Bitcoin throughout the past few days, but this trend has shown some signs of breaking today While Bitcoin is pushing past its key resistance within the lower-$1,000 region, ETH is still stuck below its $360 resistance level If it is able to break these levels, it will then face a significant hurdle between $380 and $400 A continued inability to break above this level could do some […] дальше »

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Ethereum Just Closed Beneath These Critical Levels; Here’s What May Come Next

Ethereum’s price action throughout the past few days and weeks has been rather lackluster The cryptocurrency has been underperforming Bitcoin and even some of its altcoin counterparts This trend is shifting slightly today, as the entire crypto market is starting to move higher One analyst is noting that ETH is bearish from a purely technical standpoint, as it is currently trading below multiple key technical levels Yesterday, it closed beneath both its 50 and 100-day […] дальше »

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TA: Ethereum Consolidates Below $350: What Could Trigger A Sharp Decline?

Ethereum is currently consolidating losses below the $350 pivot against the US Dollar. ETH price remains at a risk of a sharp decline unless it surges past $345 and $350. Ethereum traded as low as $333 and it is currently consolidating losses. дальше »

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Ethereum to Hit $240 as Analysts Claim Market Structure Looks “Abysmal”

Ethereum’s price action has been strikingly similar to that of Bitcoin, and the crypto has been unable to garner any independent momentum This has led ETH to consolidate between $340 and $360 throughout the past couple of days Its reaction to any signs of weakness from BTC has been quite pronounced, which could mean that it will see an extreme reaction to any Bitcoin downturn Analysts are now noting that Ethereum’s market structure looks “abysmal” […] дальше »

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Ethereum (ETH) Trend Undecided, Technical Indicators Remain Mixed

Ethereum (ETH) has made an attempt at moving upwards past resistance, but failure caused the price to retrace almost completely. Even though some technical indicators are bullish, a breakout from the current resistance area is required for the trend to flip bullish. дальше »

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Tron (TRX) Surges 10% Higher Amid Ongoing Pivot to DeFi

Tron (TRX) has surged 10% in the past 24 hours, defying a stagnation in the price of both Bitcoin and Ethereum around local lows. For context, BTC and ETH have both gained around 1% in the past day. дальше »

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Ethereum is Stuck Below a Crucial Level as Weekly Close Fast Approaches

Ethereum’s price has been consolidating alongside Bitcoin’s throughout the past few days, with buyers and sellers reaching an impasse This has come about as the entire cryptocurrency market struggles to find any significant directionality Where the market trends next will likely depend on Bitcoin, which has been performing quite well despite a myriad of bearish news developments ETH’s consolidation phase has grown quite narrow as of late, and it remains stuck below a crucial level […] дальше »

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Ethereum is Primed to Shoot Towards $400 as Market Support Is Strong

Ethereum and Bitcoin have seen mixed performance over the past few days. There was an attempted breakout a few days ago, but that failed due to weakness in legacy markets. ETH is up 0. 8% in the past 24 hours, slightly outperforming Bitcoin. дальше »

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Over 2 Million Test Ethereum Staked On ETH 2.0 Medalla Testnet; Q4 2020 Launch In Sight?

Over the past four or so years, the Ethereum community has worked tirelessly in developing Ethereum 2. 0, an update aiming to switch the current proof-of-work (PoW) consensus mechanism to a proof-of-stake (PoS) mechanism. дальше »

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Ethereum Is At a Pivotal Resistance, and a Rejection Could Send ETH to $300

Ethereum has seen a strong performance in the past 24 hours. The coin has reached its highest price in days as it moves to $360. While this is bullish price action, Ethereum printed a number of wicks above the current price. дальше »

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Ethereum has Yet to Reach a Critical Support Zone; Will It Tap $300?

Ethereum’s price action has been nearly identical to that of Bitcoin throughout the past couple of days This caused the crypto to dip as low as $318 yesterday, at which point buyers stepped up and catalyzed from strong momentum This pushed the cryptocurrency up to highs of $340, which is where it found some resistance ETH is now caught within a bout of sideways trading, and its price is offering few signs of clarity to […] дальше »

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This XRP Fractal Predicts Ethereum Could Soon Swing Back Above $400

Following legacy markets, Ethereum and XRP have undergone strong corrections over the past week. According to an analyst, though, the price of ETH could soon undergo a bullish recovery above $400. This comes as analysts have affirmed that ETH’s fundamentals are more bullish than ever. дальше »

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Ethereum: Is the HODLing in yet?

When it comes to the altcoin market, the past few months have shown how important a cryptocurrency Ethereum is. With DeFi growing substantially in 2020, the gains have been felt by ETH in many ways. дальше »

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Ethereum Could See Major Weakness if Bulls are Unable to Defend Key Level

Ethereum has seen some immense strength over the past few days, with bulls pushing it as high as $395 before it faced some intense selling pressure that slowed its ascent The cryptocurrency has been unable to garner any significant buying pressure above $390, likely due to Bitcoin’s position beneath its $11,000 resistance Once the benchmark cryptocurrency breaks through, it may create a tailwind that lifts ETH higher The recent launch of Uniswap’s UNI token seems to […] дальше »

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Demand for Ethereum Boosts Market Structure; Will This Propel ETH Higher?

Although Bitcoin’s reaction to $11,000 sparked a slightly harsh rejection, Ethereum’s price has remained rather stable around its $380 resistance level This resistance has held strong on multiple occasions throughout the past few days and weeks, with rejections here catalyzing some of ETH’s largest declines The importance of this level cannot be understated, but whether or not it is broken may depend largely on Bitcoin’s continued reaction to $11,000 Analysts are noting that ETH does […] дальше »

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Ethereum Risks Plunging Towards $350 Following Rejected Spikes

A string of back-to-back upside rejections at a local top is putting Ethereum at risk of correcting lower towards $350. Looking at ETH/USD 1H chart shows the pair attempting to close above $384, a resistance target that had held through extreme bullish biases in the past. дальше »

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Ethereum Price Analysis - DeFi apps continue to lock up the asset

The amount of ETH locked in DeFi apps has increased significantly over the past year as ETH held by ICO treasuries continued to decrease, potentially providing a new avenue to decrease the circulating supply. дальше »

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Analyst: “Altseason” is Postponed as Ethereum Begins Flashing Warning Signs

Ethereum has been seeing some intense selling pressure over the past few days, which has likely come about due to the trend reversal seen amongst DeFi tokens. Because the DeFi market is essentially built on top of Ethereum, the ETH token has been heavily influenced by the expansion of this sector. That being said, as […] дальше »

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Ethereum’s Moving Averages Point to “Bullish Continuation” With a $1,000+ Target

Ethereum has seen some slight weakness throughout the past couple of days. This has come about despite the intense strength that Bitcoin has displayed, signaling that the resistance ETH faces between $380 and $400 may be insurmountable. дальше »

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Ethereum is Nearing Crucial Resistance; Rejection Here Could Spark Move to $300

Ethereum’s price is currently struggling to surmount some heavy resistance, which has caused it to lag behind Bitcoin today This resistance, which exists at $380, has hampered its price action on multiple occasions throughout the past few weeks Despite this, because BTC is now nearing $11,000, a break above this crucial level will likely catalyze some intense buying pressure that also creates a tailwind for ETH One analyst noted that this region of resistance between […] дальше »

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Ethereum Posts “Perfect Rejection” at Key Resistance as Traders Target $420

Ethereum has been closely tracking Bitcoin and the aggregated crypto market throughout the past few days This allowed it to garner some strong momentum earlier this week, but has led it to see some notable downside throughout the past 24-hours BTC and ETH both faced strong rejections above their key resistance regions, which has struck a slight blow to their technical outlooks Analysts are now noting that although this rejection seems grim, it may be […] дальше »

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Bitcoin Could Be Coiling Up for a Move to $11,000 as Bulls Spark Slight Rally

Bitcoin and the aggregated crypto market have been flashing some signs of strength throughout the past day While BTC rebounded hard from its key support at $10,000, ETH was able to climb back up towards the upper-$300 region This marks a notable rise from its recent lows that were set earlier this week Where the market trends in the coming hours and days should provide significant insight into its near-term outlook One analyst is noting […] дальше »

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Analyst: Ethereum Narrowly Avoids Capitulation as Macro Outlook Grows Bright

Ethereum has posted some strong price action throughout the past couple of days, with the cryptocurrency ardently defending against any sharp decline This strength has come about mostly due to the buying pressure found at $320 This price level, and the region directly above it, have helped the crypto to slow its descent and stabilize Bitcoin’s ability to hold above $10,000 has also aided its price action significantly One analyst is now noting that ETH […] дальше »

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Ethereum, Zcash, Synthetix Network Price Analysis: 09 September

Ethereum was trading at $337 at press time and displayed bullish divergence yesterday, which played out as ETH briefly spiked past $351 resistance before being forced to drop. Zcash saw a notable lackThe post Ethereum, Zcash, Synthetix Network Price Analysis: 09 September appeared first on AMBCrypto. дальше »

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Ethereum Continues Finding Strong Support, But Fails to Break Crucial Level

Bitcoin’s inability to push past $10,400 has created a major headwind for the aggregated market This has resulted in ETH’s price plunging towards its key support levels throughout the mower-to-mid $300 region Because Ethereum has grown highly correlated to Bitcoin as of late, where it trends next may depend almost entirely on the benchmark cryptocurrency That being said, one analyst is noting that the strong support ETH has at $320 may be enough to stop […] дальше »

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Ethereum Whale Count Grows Amid Price Decline

More Ethereum (ETH) whale wallets have emerged over the past few days despite the over the 30 percent decline in the spot price. 68 New Ethereum Whale Wallets Emerge It appears the optimism of big-money crypto players has not been dampened by the recent market selloff. дальше »

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Whale Watch: 68 New Whales Join ETH Network, BTC Holds Lowest Concentration of Whales

Onchain data shows that during the market carnage this past weekend the number of ethereum whales increased significantly, while ETH prices dropped by 30%. Analytics from the data firm Santiment shows 68 new whales joined the network during the last three days. дальше »

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Declining ETH Gas Cost Still Higher Than BTC Fees: Supporters Insists ETH 2.0 to End High Fee Woe

Ethereum network gas fees that averaged $15. 13 on September 2 have been declining in the past four days ending the day at $3. 43, according to Token View charts. At that cost, ethereum fees are still ahead of those on the Bitcoin network that averaged $2. дальше »

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Ethereum May Dive to $295 as Bears Strike a Blow to Its Market Structure

Ethereum has seen some intense selling pressure throughout the past few days, which reached a boiling point overnight when its price declined to lows of $330 The cryptocurrency is now stabilizing following this movement, but sellers appear to be stepping up and catalyzing further selling pressure One analyst is now noting that ETH could decline as low as $295 in the near-term This downside movement may come about as a result of the selling pressure […] дальше »

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Bitcoin is Poised to Explode Towards $11,000 After Tapping Key Liquidity Region

The crypto market has been battered throughout the past few days, with sellers gaining a serious edge over buyers as they force most digital asset prices lower The strength of this selling pressure has been enough to cause some major altcoins like Ethereum to post monumental losses, with ETH plunging to lows of $330 while Bitcoin briefly broke below $10,000 It is important to note that BTC’s latest breakdown was quickly absorbed by bulls, who […] дальше »

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Analyst: Ethereum Now Entering a Macro Correction as Selling Pressure Mounts

Ethereum has been hit hard by the latest selloff, with the cryptocurrency’s price plunging to its critical $400 support before posting a slight rebound This price action has done little to offer insight into ETH’s mid-term trend, but it did strike a blow to the bull case that has been mounting over the past few weeks Analysts are now conflicted as to where it may trend in the near-term, which may depend largely on its […] дальше »

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Виталик Бутерин назвал напрасными опасения касательно потенциальных атак на Ethereum 2.0

Сооснователь Ethereum Виталик Бутерин заявил, что потенциальная атака 51% на ETH 2. 0 не станет фатальной. We need to get past the myth that it's *fatal* if one entity gets enough to 51% attack PoS. дальше »

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Tether (USDT) Overtakes XRP Yet Again, Exceeds $13.4 Billion Market Valuation

Over the past 24 hours, Tether stablecoin has overtaken Ripple’s XRP once again to become the world’s third-biggest cryptocurrency just behind ethereum (ETH) and bitcoin (BTC). Tether now boasts a staggering market valuation of over $13. дальше »

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Ethereum (ETH) hits $470 in a 10% price surge

Around 24 hours ago, Ethereum saw a small price growth that led it to the resistance level at $400. This was not the first time that the coin has reached this height in the last several months, but the past venture beyond this level resulted in a strong correction. дальше »

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2 On-Chain Signals Show Ethereum Has Room to Run After 10% Jump

Ethereum has room to rally after surging 10% in the past 48 hours, according to recent on-chain data shared by Santiment. The blockchain analytics firm just noted that there are a number of trends suggesting ETH has room to extend to the upside. дальше »

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Analysts Expect Ethereum to Hit $500 Despite Tapping Massive Resistance

Ethereum has been flashing signs of immense strength throughout the past few days The cryptocurrency is now pushing towards its yearly highs as its bulls come out in full force This has allowed ETH to rally up to $437, with buyers now aiming at it setting fresh highs of over $440 in the near-term That being said, this level may act as strong resistance for the crypto in the near-term, potentially slowing its ascent Analysts […] дальше »

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Ethereum Price Opens Week Trading Above $430 Despite Challenges in Implementing ETH 2.0

Coinspeaker Ethereum Price Opens Week Trading Above $430 Despite Challenges in Implementing ETH 2. 0Ethereum price is up 6% in the past 24 hours to trade around $430 at the time of reporting. дальше »

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This Historically Accurate Signal Predicts Ethereum’s Rally Will Pause

Ethereum has seen a strong macro rally over the past two months, rallying from $240 to $420 as of this article’s writing. ETH traded higher, as high as $440 just two weeks ago. The Tom Demark Sequential predicts that ETH’s rally will pause for a number of weeks, and maybe reverse lower. дальше »

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Ethereum Isn’t Clear of Danger Yet, But Analysts are Eyeing a Move to $500

Ethereum has seen a sharp decline over the past several hours that has caused it to break back below $400 This movement came about in tandem with a similar decline seen by Bitcoin and has sent shockwaves throughout the aggregated crypto market Analysts are now noting that ETH may be poised to see further near-term weakness, but its bull case remains strong One trader is noting that Ethereum has yet to break below a crucial […] дальше »

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Ethereum sets course for $410 as fee costs plummet

ETH/USD is up 4% in the past 24 hours and is likely to break...

The post Ethereum sets course for $410 as fee costs plummet appeared first on Coin Journal.

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Uniswap traders have spent nearly $7 million in Ethereum fees

Ethereum DeFi fanatics on Uniswap, a decentralized exchange, have paid nearly $7 million in fees in the past month, as per data on Gas tracking site ETH Gas Station. The post Uniswap traders have spent nearly $7 million in Ethereum fees appeared first on CryptoSlate. дальше »

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Ethereum at Risk of Seeing Major Downside; Here’s What Analysts are Watching

Ethereum has seen mixed price action over the past couple of weeks After rallying to highs of nearly $450 last week, the crypto faced an insurmountable influx of selling pressure that forced it lower Initially, this decline forced ETH to lows of $398 before it bounced towards $420, but today it faced another bout of selling pressure that sent it back to its $400 support Analysts are now starting to grow increasingly bearish on the […] дальше »

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Chainlink Breaks Below Crucial Technical Pattern as Analysts Eye Downside

Chainlink has expressed some signs of overt weakness throughout the past few hours, with its price reeling down towards its bedrock support at $14.00. This sharp downturn has come about as the entire crypto market shows some signs of weakness, which may be, in part, rooted in Ethereum’s plunge towards $400. ETH’s price action has […] дальше »

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Why It’s “Hard” for This Analyst to Be Bullish on Ethereum as Price Flirts With $400

Ethereum has corrected with Bitcoin over the past day. Both cryptocurrencies have dropped just under 10% from the local highs. As of this article’s writing, ETH trades for $408, a price 4. 5% lower than it was 24 hours ago. дальше »

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