Ethereum Falls 10% in Sudden Sell-Off, Is a Bigger Breakdown Coming?

Ethereum has now lost its hold on an important level. This decline follows that of bitcoin which has now fallen below $20,000. However, for Ethereum, the fight continues to hold on to the one point where bulls still see some hope. However, with the way the market is moving, it may not be long before Ethereum is testing the critical $1,000 support level. Ethereum Falls Below $1,100 For Ethereum, holding above $1,100 for the past week had meant that there was still hope for a good run-up that could see it retest the $1,500 resistance. But this would only last just a little above $1,200....

ETH's price risks declining further despite rebounding over 20% in the last three days. Ethereum's native token Ether (ETH) looks ready to undergo a breakdown move in May as it forms a convincing "bear pennant" structure.ETH price to $1,500?ETH's price has been consolidating since May 11 inside a range defined by two converging trendlines. Its sideways move coincides with a drop in trading volumes, underscoring the possibility that ETH/USD is painting a bear pennant.Bear pennants are bearish continuation patterns, meaning they resolve after the price breaks below the structure's lower....

The price of Ethereum had quite a rough performance over the past week, falling from its usual range above the $4,600 level to below $4,500. Despite the injection of bullish momentum into the market by the US Federal Reserve’s interest rate cut, the “king of altcoins” failed to sustain its rally back to the $4,600 region. According to the latest on-chain data, the Ethereum price could be gearing up for an even longer time in the cold, as investors seem to be turning away from the second-largest cryptocurrency by market cap. The question, though, is how deep the price of ETH will fall in....

In the course of the last few months, the Ethereum price has seen a lot of decline, struggling alongside Bitcoin as investors rush to offload their coins. These sell-offs have come in anticipation of lower price levels, and with the price continuing to dip further, it seems the investors who sold earlier were right. Even […]

On Saturday, the Litecoin market holdings were dropped like third-period French. In much the same fashion, the ultra-secure altcoin Dash has also seen a marked rise in trading over the weekend, stoking fears of an equally precipitous decline in the coming days. As we reported on Friday, an alleged “Pump-and-Dump” scam was suspected for the Litecoin currency and its sudden meteoric rise. Advocates of the altcoins would remark that the Grexit is a factor in the sudden value spikes and has helped them, as it has bitcoin. The hard numbers do not bear this out. For no particular reason, trading....