The weekend starts with more price drops from most crypto assets, as bitcoin fights for $40,000 and ETH is well below $3K.
The market took a nosedive over the weekend, and now ETH is on a clear path to retest the $2,500 support. According to market data by CoinGecko, ETH has been down 4% over the past day and 18% since Thursday. Key Support levels: $2,500, $2,200 Key Resistance levels: $2,800, $3,000 With a bearish cross on […]
ETH continues to grind upwards with $3,400 as the next key target for bulls.
The last 24 hours were painted in red. The cryptocurrency market remains highly correlated to traditional stocks as both chart considerable declines.
ETH has broken above $3,000 and appears poised to move even higher, ending the short-term downtrend. This comes less than two weeks since bottoming at $2160, according to Bitstamp. Key Support levels: $2,805, $2,500 Key Resistance levels: $3K, $3,400, $3,750 After a decent 2-day rally, ETH broke above the key resistance at $3,000 today. If […]
Ethereum managed to break above $2,600 after buyers took control of the short-term price action. Since recording a 6-month low on Monday ($2160), ETH recovered over 20%. Key Support levels: $2,550, $2,200 Key Resistance levels: $2,805, $3,000 ETH had seen a positive weekend so far, managing to break and daily close above the critical resistance […]
It was a bloody week on the cryptocurrency markets. Bitcoin lost the coveted $40K support while ETH is trading below $3K.
The liquidations skyrocketed to nearly $700 million on a 12-hour scale as bitcoin and the rest of the market kept dumping.
The Friday crash had driven ETH below $2,500, wicking at $2,300 – a price not seen since July 2021. Key Support levels: $2,300, $2,000. Key Resistance levels: $2,500, $2,750, 3,000 This week’s market carnage was not kind to ETH, which recorded a daily close below $3,000 for the first time since the end of September. […]
This week, we take a closer look at Ethereum, Ripple, Cardano, Solana, and Polkadot. Ethereum (ETH) Last night, the significant market crash pushed ETH’s price under the critical support of $3,000, which will now act as resistance. Unfortunately, the loss of this crucial psychological level is a major blow to most market participants and sets […]