Ether (ETH) price nosedived below $1,100 in the early hours of June 14 to prices not seen since January 2021. The downside move marks a 78% correction since the $4,870 all-time high on Nov. 10, 2021. More importantly, Ether has underperformed Bitcoin (BTC) by 33% between May 10 and June 14, 2022, and the last time a similar event happened was mid-2021. ETH/BTC price at Binance, 2021. Source: TradingView Even though Bitcoin oscillated in a narrow range two weeks before the 0.082 ETH/BTC peak,… Source link

This leaves traders fearing monetary tightening throughout the year with no break, as Atlanta Fed President Raphael Bostic suggested earlier this month, temporarily buoying crypto markets. Economists at Goldman Sachs (GS) now are forecasting 75 basis point rate hikes for both June and July, followed by a 50 basis point increase in September plus a 25 basis point hike in November and in December. Source link

Ethereum’s native token Ether (ETH) is showing signs of bottoming out as ETH price bounced off a key support zone. Notably, ETH price is now holding above the key support level of the 200-week simple moving average (SMA) near $1,196.  The 200-week SMA support seems purely psychological, partly due to its ability to serve as bottom levels in the previous Bitcoin bear markets. Independent market analyst “Bluntz” argues that the curvy level would also serve as a strong price floor for Ether… Source link

Ethereum price nosedived as bears chased $1,000, analysts predict further decline in the altcoin.  A researcher at the Ethereum Foundation sounds alarms as Lido passes one-third of Ethereum staking.  Experts warn Ethereum holders after a major squeeze comprising $100 million liquidity pushed ETH price 20% lower on Uniswap.  Ethereum price plummeted in response to the sale of 65,000 Ethereum on Uniswap. The major squeeze negatively influenced the Ethereum price,… Source link

Ethereum price in distress as firm rejection unfolds.  More pain to come as ETH price looks for support which could mean a break below $1,000. Expect to see another 30% devaluation in the making. Ethereum (ETH) price is set to drop another 30% as bulls got burned in the ASIA PAC trading session after a firm rejection triggered another downside move. After this, morale amongst investors looks to be broken, and more cash outflow is expected, putting more pressure on… Source link

Text size It has been a brutal few days for crypto traders. Dusan Zidar/Dreamstime Source link

Monero price is trading with strong downtrend momentum over the daily chart. XMR has lost 14% of its market capitalization in the last 24-hour period, this dip in price needs to stop. The pair of XMR/BTC is at 0.005419 BTC with an intraday drop of 6.40%. Monero price is falling with strong downtrend momentum over the daily chart. The token is trading towards the lower level and is currently facing peer selling pressure. As Bitcoin was the greatest dominator, the cryptocurrency market slumped… Source link

Ethereum price drops to $1,100 and triggers extreme oversold RSI levels. Bitcoin price has crashed 15% since breaching a shorter bear flag pattern. Ripple price sheds 16% as it breaks out of a bearish pennant, forecasting a $0.221 target. UPDATE: Ethereum price prediction continues to be a high-risk activity as the second-biggest cryptocurrency continues to fall. ETH price dropped to $1,100 during the Asian trading session on Tuesday and has since bounced back to… Source link

Bitcoin, Ethereum, and the rest of the cryptocurrency market came crashing again this week, just when investors hoped for relief.  The largest cryptocurrency extended Monday’s dip to the lows of $21,000 hours ago, bringing the market capitalization to roughly $400 billion, which also represents about a 78% decrease year-over-year. Ethereum also took a severe hit, dropping to almost $1,000 with a market capitalization of $149 billion. Analyzing Ethereum’s downtrend Ether has lost more… Source link

ETH price revisits historical RSI low, which commenced the 2019-2021 bull run. Ethereum price has impulsively fallen, and detecting a conventional reversal signal will be challenging. An early invalidation of the bearish downtrend could be a breach at $1570 for investors willing to take on a high-risk, high-reward setup.   Bitcoin price reacquaints 2020 areas of interest as bear press $23,000. Increased volatility is likely to occur in the coming days. Bitcoin… Source link