Ethereum Must Show Strength Now or Else It Could Face a Dire 10%+ Decline
Ethereum and the entire crypto market have struggled to gain any serious momentum as of late, with BTC’s rejection at $13,800 striking a blow to the aggregated market. The waning momentum has been particularly impactful for Ethereum, as it has compounded the weakness that has come about due to its severe underperformance seen as of […]
Related News
Ethereum failed to surpass $2,600 and started a fresh decline against the US Dollar. ETH price is holding the $2,400 support, but it is likely to face sellers near $2,550. Ethereum made two attempts to gain strength above $2,625, but failed. The price is now trading well below $2,550 and the 100 hourly simple moving […]
ENS price outshines the market as price shows strength rallying to a high of $20. ENS tops the crypto price as it cracks over 20% gain in less than 24 hours despite the crypto bloodbath. The price of ENS shows bullish signs as the price holds above the 50 and 200 Exponential Moving Averages (EMA) with good volume. Despite the uncertainty that currently surrounds the cryptocurrency market, the price of Ethereum Name Service (ENS) has been one of the dark horses, rallying from $13 to $20. The crypto market suffered a new setback when the price of Bitcoin (BTC) fell from around $19,000 to....
Bitcoin has seen some promising signs of strength throughout the past few days and weeks The cryptocurrency has secured what appears to be a strong foothold above $50,000, which comes as many altcoins show signs of immense strength Where the market trends next will undoubtedly depend largely on whether or not BTC can maintain its present stability Any sharp decline from here could drag the entire market lower and lead to a cascading selloff However, […]
Ethereum dived towards the $1,700 level before it started a strong recovery against the US Dollar. ETH price is back above $2,000, but it is likely to face hurdles near $2,060. Ethereum extended its decline below $1,800 before it started a steady recovery. The price is still trading below $2,100 and the 100 hourly simple […]
Bitcoin has been moving sideways as the rest of the crypto market, especially Ethereum and the DeFi sector, show strength. The first cryptocurrency by market cap needs to make a decisive move to break out of its current range but could face downside in the short term, some recent reports claim. Banking giant JP Morgan […]