Bitcoin (BTC) is showing signs of consolidation above key support levels after a sharp correction last week. Ethereum (ETH) is consolidating sideways and is currently testing the bottom end of this consolidation range. At the same time, Ripple’s XRP has dropped below its 50-day Exponential Moving Average (EMA) support, raising...
Ethereum’s biggest holders—often called “whales” and “sharks”—have taken decisive actions in the market. In the last month, they more than doubled their Ether (ETH) holdings. Wallets holding over 1k – 100K ETH have cumulatively been net adds of a stunning 1.49M ETH (~$3.79B total). By example, retail investors appear to...
Ethereum’s tokenomics, scale, institutional money flow – All outlined by author and former Bitcoin Magazine editor in chief Mark Helfman. Helfman, known for his talent for distilling complex crypto concepts, gets into an incredibly salient topic. Here’s his argument for why such large inflows into Ethereum ETFs will not result...
Ethereum is nearing one of the most important bullish indicators, the so-called golden cross, triggering heightened market interest and optimism among investors. With Ethereum (ETH) price trading just under $2,521, its strong performance throughout recent market turbulence has turned some heads.A golden cross happens when an asset’s 50-day moving average...
The resilience that XRP has displayed has been mighty. It perfectly tested its 200-day exponential moving average (EMA) three times, which adds even more to its structural beauty. Ethereum outlook – bullish The Ethereum price is bullish and is looking set for a golden cross as long as the key...
Ethereum is in the process of forming a bullish “cup and handle” pattern that could lead to a new rally for the second largest cryptocurrency by market cap. Trading at $2,552.46 as of this writing, up 1.69% in the last 24 hours. Market analysts are watching this repeated price pattern...
On-chain ether’s proved pretty resilient, holding first support around the $2,500 mark, amid last week’s ETH ETF outflows and evolving institutional flows. In the last 24 hours, the digital currency traded between $2,499.39 and $2,580.53. It rose to $2,5403 on June 14, or a drop of 0.88%.Ether, meanwhile, has pulled...
Currently, Ethereum sits a crucial juncture in its price action. For now, the $2,600 figure has emerged as an important resistance level for the cryptocurrency. Market analysts are intently watching to see if Ethereum has got what it takes to overcome this resistance level and continue fueling its bullish trend....
BTC/USD is still hovering around the $105,000 threshold over the last day. It has proved its own fortitude at this alt since the early part of last week. Despite this stability, concerns linger about a potential market correction, especially given the crashes experienced by Bitcoin, Ethereum, and XRP just two...
Ethereum was trading at $2,508 on June 14 and was down 0.88% in the past 24 hours. Nonetheless, in spite of this slump, Ethereum has largely held above the key $2,500 support level. The asset held very steady during that time frame, despite pulling back from local tops around $2,870.According...
