The entire cryptocurrency market is still wobbling after the collapse triggered by the Terra UST decoupling fiasco. As we explained in a previous post, even flagship Bitcoin has remained stuck in a narrow range since the crash and has yet to show any major signs of recovery. And ethereum seems to be no exception. Die …
Because the overall price of the currency tends to shock during the day today, the idea of the early morning is basically the same as that of the day today (continue to see the shock and a small downward trend). The daily line compared with the day, the currency price closed down in the inverted …
Bitcoin (BTC) and Ethereum (ETH) have fallen 6 per cent and 7 per cent respectively in the past 24 hours, erasing recent gains. The rapid and bearish price action also led to the liquidation of about $133 million in bitcoin and Ethereum positions, according to Coinglass. Currently, bitcoin is trading at $29,587, down 5.85% on …
Kadmil, the core developer of Lido Finance, proposed to sell 10,000 ETH in DAO's Treasury on 3rd, in order to deal with the project maintenance costs related to the bear market in the next two years, which caused a stir in the community. Tim Beiko, the core figure of Ethereum Foundation, also joined the discussion, …
Lido proposal to clear 10,000 ETH for bear market preparation Read More »
Ethereum struggled to clear key resistance against the dollar at $1,920. ETH has fallen sharply and is now testing the main support area at $1,700. Ethereum failed to break through major resistance at $1,920. Prices are now below $1,800 and the 100-hour simple moving average. The hourly chart of ETH/USD (via Kraken) breaks the main …
Arthur Hayes, the youngest cryptocurrency billionaire in The Americas and Africa and former CEO and co-founder of derivatives platform BitMEX, predicts that nIES are likely to reach $10,000 by the end of 2022. It's worth noting that Hayes had speculated in a blog post in April that ethereum was on a downward trend and that …
Hayes predicts ethereum will reach $10,000 by 2023 Read More »
For this period of time, the apparent momentum is insufficient! In fact, in any position, we need to do is to keep a clear head! Don't follow suit! At this time, if there is a step back according to the strength of the rising kinetic energy, the strength of the step back should be double, …
Ethereum rose above resistance at $1,940. ETH even soared above $2,000 and could extend those gains in the short term. Ethereum started to rebound above $1,920 and $1,940. Prices are now above $1,920 and the 100-hour simple moving average. On the hourly chart of ETH/USD (via Kraken), a connected bullish trend line has formed around …
Ethereum tests $2000, Why ETH can Continue to rally Read More »
Dogecoin CREATOR Jackson Palmer: "I wish this was the end of cryptocurrencies, unfortunately it's not." In an interview to promote his new podcast, Dogecoin founder Jackson Palmer launched a scathing attack on the cryptocurrency industry. In a new interview with Australian publication Crikey, Dogecoin co-founder Jackson Palmer said he hoped this was the end of …
The father of Dogecoin criticizes cryptocurrency and Musk Read More »
Technical analysis Key support: $1700 and $1500 Key resistance levels: $2,200 and $2,400 Daily charts According to the K-chart below, ETH is struggling on a downtrend line (marked blue) that has provided support and resistance for over a year. This line now prevents the price from falling further and is essential to be maintained by …