Ethereum Archives - Page 21 of 54

May 17, 2024

Ethereum Is in Decline as It Faces More Rejection at $3,040

Ethereum Price Long-Term Analysis: BearishEthereum’s (ETH) price rise has been restrained by the 21-day SMA resistance line as it faces more rejection at $3,040. Since the April 13, 2024 price drop, the bears have dominated the bulls. The price has repeatedly been attempted to be held above t...

#ETH #ETH/USD #Ethereum #Price Analysis

May 08, 2024

Ethereum Is Under Selling Pressure near $3,300 as It Returns to Its Range

Ethereum Price Long-Term Analysis: BearishEthereum’s (ETH) price has remained above the current support level of $2,908 as it returns to its range. Buyers attempted to keep the price above the moving average lines, but were stopped by the 21-day SMA resistance. For example, on May 1, Ether fe...

#ETH #ETH/USD #Ethereum #Price Analysis

April 28, 2024

Ethereum Gains Traction as It Rises to the Next Barrier At $3,466

Ethereum Price Long-Term Analysis: BearishThe price of Ethereum (ETH) rises despite remaining below the moving average lines as it rises to the next barrier at $3,466. The candlestick has closed above the 21-day SMA, and the altcoin is predicted to surge beyond the 50-day SMA or surpass the $3,413 ...

#ETH #ETH/USD #Ethereum #Price Analysis

April 26, 2024

$510M Longs in Danger If Ether Repeats Last Weekend’s Volatility

An Ether price drop of just 2.25% this weekend could result in over $500 million in long positions being liquidated. Over half a billion dollars in Ether long positions could be at risk of liquidation if the cryptocurrency encounters the same volatility as last weekend. This risk is compounded by g...

#Cryptocurrency News #ETH #Ethereum

April 17, 2024

Ethereum Struggles above $3,000 as It Retests Existing Support

Ethereum Price Long-Term Analysis: BearishEthereum’s (ETH) price has fallen further below the moving average lines as it retests existing support. On April 13, 2024, Ether fell to a low of $2,848 and began a range-bound move above the present support. The bulls and bears are currently battlin...

#ETH #ETH/USD #Ethereum #Price Analysis

April 08, 2024

Coinbase L2 Base Outshines Arbitrum In Transaction Count

Base, Coinbase Inc.’s Ethereum Layer-2 scaling solution, has surpassed both Arbitrum and Ethereum in its daily transaction volume. Surge in Base TransactionsBased on L2Beat data, over the past 30 days, Base has recorded 45.21 million transactions, surpassing Arbitrum One at 38.58 million and ...

#Arbitrum #Base #COINBASE #Ethereum

April 07, 2024

Ethereum Resumes Its Bullish Advance and Consolidates Above $3,200

Ethereum Price Long-Term Analysis: BearishEthereum’s (ETH) price falls below the moving average lines and consolidates above $3,200. There has been less selling pressure above $3,200 since the drop on April 2, 2024. The cryptocurrency has been consolidating above its current support for the p...

#ETH #ETH/USD #Ethereum #Price Analysis

March 30, 2024

Ethereum Consolidates above $3,500 as It Assumes Its Ascent

Ethereum Price Long-Term Analysis: BearishThe price of Ethereum (ETH) has recovered as it assumes its ascent above the critical support at $3,500. The largest altcoin fell below the moving average lines but was held back by the 50-day SMA, or $3,063 support. Ether has rebounded from its slump, but ...

#ETH #ETH/USD #Ethereum #Price Analysis

March 24, 2024

Ethereum Remains Inside a Range but Moves Above $3,000

Ethereum Price Long-Term Analysis: BearishEthereum’s (ETH) price has fallen between the moving average lines but moves above $3,000. Neither the bulls nor the bears broke the moving average lines. On March 19, bears failed to breach the 50-day SMA, while bulls halted the slide. Bulls failed t...

#ETH #ETH/USD #Ethereum #Price Analysis