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Yesterday, Ethereum closed its third consecutive weekly red candle. A candlestick with a long upper wick indicates that increased selling pressure continues. In the last two weeks, the price has…
After reaching a high of $2030 on August 14, Ethereum’s price began a corrective wave, forming a descending channel – as shown in blue on the following chart. The bottom…
This week, we take a closer look at Ethereum, Ripple, Cardano, Binance Coin, and Solana. Ethereum (ETH) During the past seven days, Ethereum attempted to break the $1,400 resistance level,…
The cryptocurrency markets are experiencing a period of stagnation. Meanwhile, ETH has been trading inside a tight range for the last seven days. Technical Analysis By Grizzly The Daily Chart…
Despite a 7% spike for Ethereum in the last 48 hours, followed by a steep decline, the possibility of a bullish rally remains low. The price has yet to recover…
Following the last red days, ETH has hit the support area between the white descending line and the price range at $1,220-$1,280 (in green). So far, the bulls have successfully…
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Binance Coin. Ethereum (ETH) Despite the bullish fundamentals of Ethereum’s merge, the price of the second largest…
As predicted, the FOMC-mandated 75 bps rise negatively impacted traditional and cryptocurrency markets. Ethereum (ETH) dived 13%, dropping towards the $1200 level, recording its lowest level since mid-July. Technical Analysis…
Mike McGlone – Senior Commodity Strategist at Bloomberg – argued that the crypto winter might last longer than previous market declines and the reason for it is the “Fed’s sledgehammer.”…
After Ethereum’s switch to a proof-of-stake, the bears took control of the market. Investors have turned away from high-risk assets like equities and cryptocurrencies. The ETH weekly candle closed at…