TA: Ethereum Stuck Below $1,825, Why 100 SMA Holds The Key
Ethereum is facing a strong resistance near the $1,825 and $1,830 levels against the US Dollar. ETH price is likely to remain stable above the 100 hourly SMA or $1,680 in the near term. Ethereum seems to be struggling to clear the $1,825 and $1,830 resistance levels. The price is now trading well below $1,800, […]
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Ethereum has been stuck below $380 for the past few days, which is a critical level that has long held serious influence over the entire crypto market. If it remains stuck below this level, it could be a sign that bulls are losing their edge over the asset and that further downside is imminent. ETH’s […]
Ethereum has undergone a strong surge over recent days that has brought it from the $360 range to highs of $420. Analysts say that it will undergo a macro move higher once it manages to flip $500 into support. Ethereum Set to Break Dramatically Higher Once It Holds $500: Analyst The cryptocurrency is currently positioning to move higher as it holds the $390-400 region. As reported by Bitcoinist previously, analysts say that if the coin […]
Ethereum price managed to stay in a positive zone against the US Dollar, and it looks like we can witness a break in ETH/USD moving ahead. Key Highlights. ETH price remained above a major support area versus the US Dollar and currently positioning for a break. Yesterday’s highlighted bearish trend line on the hourly chart (data feed via SimpleFX) of ETH/USD is still in play and may provide us the next break. On the downside, the $11.45-50 support holds the key and must prevent a downside move. Ethereum Price Support. Ethereum price ETH yesterday managed to hold the ground versus the US....
On Monday, the Ethereum Foundation (EF) published a financial report that shows the foundation currently holds $1.6 billion in its treasury. $1.3 billion of the treasury’s assets are held in cryptocurrencies while the rest of the treasury is composed of non-crypto investments and assets.
Ethereum Foundation Holds $1.294 Billion in Ether
The Ethereum Foundation is a non-profit organization that’s dedicated to fostering growth within the Ethereum ecosystem. The recently published EF April 2022 report explains that there are various ways the EF bolsters the Ethereum....
Ethereum Price Key Highlights. Ethereum price is still stuck inside its range, finding support at 0.00285 and resistance at 0.00305. Price bounced off the bottom of the range as expected and is on its way to test the top again. Ethereum price could keep moving sideways, especially if the top of the range holds as resistance and spurs another test of support. Buyers Regaining Control. Technical indicators are suggesting that a bounce is underway, with stochastic and RSI both climbing out of the oversold region to indicate a return in bullish momentum. The average directional index is moving....