Auto Added by WPeMatico

ETH Loses 15% Since the Merge as Bears Take Control (Ethereum Price Analysis)

Ethereum finally migrated to a proof-of-stake consensus algorithm. The event triggered a wave of selling which was probably propelled by those who bought ETH to receive the ETHW airdrop. Because…

Continue ReadingETH Loses 15% Since the Merge as Bears Take Control (Ethereum Price Analysis)

Ethereum Price Crashes to $1.6K Leading into the Merge, What’s Next? (ETH Price Analysis)

Ethereum was no exception to the crash of the broader cryptocurrency market in the past 24 hours, printing a decrease of around 11% throughout the period. This puts the recently-sparked…

Continue ReadingEthereum Price Crashes to $1.6K Leading into the Merge, What’s Next? (ETH Price Analysis)

ETH Volatility Skyrockets Amid Recovery Above $1.6K, What’s Next? (Ethereum Price Analysis)

With the Merge taking place a week from now, ETH remains the market leader and outperformed Bitcoin. However, it is clear from the technical chart that there are significant obstacles…

Continue ReadingETH Volatility Skyrockets Amid Recovery Above $1.6K, What’s Next? (Ethereum Price Analysis)

ETH at Highest Levels Against BTC Since December 2021, What’s Next? (Ethereum Price Analysis)

Ethereum has resumed its upward trajectory in recent days. This happened after the bears failed to push the price below the support level of $1,420. The positivity is also highlighted…

Continue ReadingETH at Highest Levels Against BTC Since December 2021, What’s Next? (Ethereum Price Analysis)

Ethereum Bulls Eye Critical Resistance Level Ahead of the Merge, Here’s What’s Next (ETH Price Analysis)

Despite pushing the price higher earlier in the week, the bulls have lost momentum as the days went on. As the date of the Merge approaches and the Ethereum market…

Continue ReadingEthereum Bulls Eye Critical Resistance Level Ahead of the Merge, Here’s What’s Next (ETH Price Analysis)

Following a 30% Drop in 2 Weeks, Where’s the Bottom for ETH? (Ethereum Price Analysis)

Any optimism for a rally is fading quickly as the Merge upgrade date approaches. Two weekly candles closed in red, warning of the formation of a bearish structure. Ethereum lost…

Continue ReadingFollowing a 30% Drop in 2 Weeks, Where’s the Bottom for ETH? (Ethereum Price Analysis)

ETH Facing Huge Support Zone, Is More Blood Incoming? (Ethereum Price Analysis)

Just like the traditional markets, the crypto markets reacted badly to yesterday’s speech by Powell. Following the announcement of the continuation of the hawkish policy of the Federal Reserve, the…

Continue ReadingETH Facing Huge Support Zone, Is More Blood Incoming? (Ethereum Price Analysis)