Bitcoin Users Flee Network After Bearish Price, But Ethereum Continues To Bre...
On-chain data shows that Bitcoin has been seeing an exodus of investors recently, while the Ethereum network has continued to grow. Total Amount Of Bitcoin Holders Have Just Seen Largest Drop Since March According to data from the on-chain analytics firm Santiment, the Total Amount of Holders indicator has just seen its largest 3-day drawdown […]
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Today’s Ethereum price chart may suggest the formation of a bearish pattern called the “double top”. 100k ETH also flowed into Binance. Ethereum Price Chart Shows Famous “Double Top” Bearish Formation As explained by a CryptoQuant post, the cryptocurrency formed a bearish pattern on the price chart earlier today, and at about the same time, Binance also noticed a netflow of around 100k ETH. Here is a Ethereum chart that clearly shows the bearish pattern: ETH's price chart showed a bearish formation earlier today | Source: CryptoQuant As the above chart....
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....
Ethereum price continued to remain under a bearish pressure, and if it increases, ETH could weaken further in the near term. Key Highlights. Ethereum price remained under a bearish pressure against the US dollar, and may face sellers in the short term. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via Kraken) of ETH/USD acted as a perfect barrier for the pair and pushed it down. The price is currently above the $10.20 support area, but a break below could ignite more downsides. Ethereum Price Barrier. Ethereum price ETH struggle continues against the US Dollar,....
Despite the general bearish trend in the cryptocurrency market at the moment, the Maker token continues to thrive. Maker is currently trading at $811.28 today. It represents an increase of up to 5.72% in the last day. Despite positive moves in the last 24 hours, the current market sentiment is bearish and expected to persist until mid-October 2022. Related Reading: Is Bitcoin ‘Uptober’ About To Begin? | BTCUSD Analysis October 3, 2022 The trading volume of MKR today stands at $47.47 million. It also currently ranks at number 55 on CoinMarketCap. The price change in 24 hours is over....
Ethereum price struggle to recover against the Bitcoin and the US Dollar continues. It looks like ETH/USD may decline further in the short term. Key Highlights. ETH price attempted a minor recovery against the US Dollar and Bitcoin, but failed to gain momentum. There are a couple of bearish trend lines formed on the hourly chart (data feed via SimpleFX) of ETH/USD, which are acting as a resistance. As long as there is no break above these trend lines, there is a chance of further declines. Ethereum Price Resistance. It looks like even a successful Ethereum 4th Hard fork was not able to....