TA: Ethereum Dives Below $1,500, Why Bulls Are Losing Control
Ethereum failed to stay above $1,600 and it even traded below $1,500 against the US Dollar. ETH price is showing bearish signs and it could continue to move down towards $1,400. Ethereum started a fresh decline below the $1,550 and $1,500 support levels. The price is now trading well below $1,550 and the 100 hourly […]
Related News
Cardano’s (ADA) bullish momentum is losing steam as bearish pressure mounts, forcing the price to retreat from the critical $0.8119 level. After a promising attempt to push higher, ADA bulls are now struggling to maintain control, with sellers stepping in to reclaim dominance. The recent rejection of this key resistance suggests that downward pressure is building, raising concerns about whether the altcoin can hold its ground or slip further. With technical indicators hinting at growing weakness, the focus now is on the next support zones to determine if a deeper correction is on the....
Ethereum holders have been subject to uncertainty over the last few months as bulls and bears have struggled for control. With the bears winning at a much higher rate than the bulls, Ethereum holders have found their holdings have continued to lose value. This time around, the plunge has sent the number of investors losing money to a new all-time high. Number Of Ethereum Addresses In Loss At ATH On-chain data tracker Glassnode Alerts on X (formerly Twitter) has revealed a shocking development regarding Ethereum addresses. According to the tracker, the number of addresses seeing losses on a....
Ethereum has seen some intensely bullish price action throughout the past couple of days, with bulls sparking a massive upside movement as the cryptocurrency rallies against BTC Where it trends in the short-term should depend largely on whether or not bulls can close a high time frame candle around its current price levels This would […]
JPMorgan has piled on the ethereum high gas fee issue as a reason why it could end up losing out to competitors like Solana and Cardano. These other projects past significantly fewer transaction fees than ethereum, being one of the major pull points for investors. Due to this, it is increasingly losing users to other […]
Ethereum has seen some immense strength in the time following its capitulatory plunge towards $1,000 The cryptocurrency’s V-shaped recovery has allowed it to gain serious ground against Bitcoin, even posting a massive breakout against the benchmark crypto Where it trends next will undoubtedly depend largely on whether or not bulls can maintain their control over […]