Ethereum Protects $1,200 with Blood, Will This Region Hold?

Ethereum Protects $1,200 with Blood, Will This Region Hold?

ETH price holds above $1,200 as bulls don’t want to let go of a price below key support  Price continues to trade below 50 and 200 Exponential Moving Average (EMA) on the daily timeframe.  ETH price bounced on the four-hourly chart after a bullish divergence appeared. The price of Ethereum (ETH) has shown less bullish sentiment after its much anticipated “Ethereum Merge.” Ethereum saw its price plummet against tether (USDT) following the Federal Open Market Committee news (FOMC). The Federal Reserve raised its target interest rate by 75 bps, negatively affecting the price....

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By The Numbers: The ROI On Buying The Blood In Bitcoin

The current bitcoin market has not been favorable for investors and is one that can be referred to as a ‘bloody market’. This is not the first time that there will be blood on the streets for the digital asset and will certainly not be the last. This is why looking at what different moves […]

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Ethereum ETH price regained its bullish trend against Tether (USDT) as it builds more strength to break above the key resistance ahead of “The Merge.” ETH price saw a rejection to a region of $1,500 recently as it could not hold its bullish trendline acting as support. (Data from Binance) Related Reading: Shiba Inu Burn Events Spark A Rally In Altcoin Over The Past Weeks Ethereum ETH Price Analysis On The Weekly Chart From the chart, the price of ETH saw its price rejected to a region of $1,540 on the weekly chart as the price was unable to hold $1,700 and the trendline acting....

Why This Trader Will Be Bullish as Long as Bitcoin Holds $17,800

Bitcoin has begun to show signs of weakness after a strong drop last week The coin currently trades for $19,000, below the $19,900 year-to-date highs but above the $18,200 local lows Some think Bitcoin remains in a bull trend as long as it holds the $17,800 region One analyst pointed to this region as a level of key technical importance due to the confluence around that region Bitcoin Must Hold the $17,800 Region Bitcoin has […]

Analysts Fear Further Downside Despite Ethereum’s Recovery from Overnight Dip

Ethereum has seen some immense bullishness throughout the past 24-hours, with the crypto breaking free from its range-bound trading in the $700 region and rocketing past $1,000 Where the entire market trends in the mid-term may depend largely on whether or not Bitcoin can maintain its foothold in the lower-$30,000 region If the crypto can hold above here and consolidate, it could provide ETH and other altcoins with further room to rally in the days […]