Ethereum

Short term Elliott Wave view in Ethereum (ETH/USD) suggests that the decline from March 28, 2022 high is unfolding as a zigzag Elliott Wave structure. Down from March 28, 2022 high, wave ((A)) ended at 1700 and wave ((B)) ended at 1918.17. Wave ((C)) lower is currently in progress as the chart below shows. Internal subdivision of wave ((C)) is unfolding as a 5 waves impulse structure. Down from wave ((B)), wave 1 ended at 1725.21 and rally in wave 2 ended at 1874.03…. Source link

Bitcoin may have bottomed, but Ethereum price suggests otherwise for these reasons Ethereum price is in the middle of two complex scenarios which will yield a level of unpredictability for the future smart contract’s token. Institutional players have been scalping Ethereum with multi-million dollar positions. Venture capitalist firm Three Arrows Capital swung a 33 million dollar Ethereum position during the 3rd weekend of June. The firm was able to capitalize on an… Source link

The inventor of Ethereum Vitalik Buterin and his father Dmitry “Dima” Buterin talked about the crypto market, volatility, and speculators. In an interview with Fortune Magazine Buterin claimed he is unbothered by ETH’s price downside action. Related Reading | Glassnode: $7B In Bitcoin Losses Realized In Just Three Days, Highest In BTC History Buterin and his father claimed they are used to volatility. The second crypto by market capitalization dropped from… Source link

Most investors in the crypto market have been feeling the heat ever since digital assets like Ethereum began their downtrend. Being more than 70% down from its all-time high, it’s no secret that a good number of investors are held holding Ethereum bags that are currently in the loss. However, there are some that have been hit incredibly hard in this market. Mostly due to the absolutely degenerate positions that they have taken in the market. Ethereum Wallet… Source link

Image source: Getty Images The entire crypto space was up more than 5% today, reaching a total market value of $907 billion according to CoinMarketCap. Key points The two most valuable crypto projects — Bitcoin and Ethereum — are leading a relief rally within the beaten down digital asset… Source link

2022 has been a hard year for crypto enthusiasts and investors as the market took a massive hit. Both promising decentralized projects like Ethereum (ETH) and Cardano (ADA) were not spared in the overwhelming price dump.  On the bright side of the market, new crypto tokens like Logarithmic Finance (LOG) are rising to the surface with good potential and quality features. This might be a good time to do more research on them and possibly invest in them for the future.  Ethereum (ETH) Ethereum… Source link

Key Takeaways Bitcoin jumped by 20% after printing a low of $17,600 this weekend.  Meanwhile, Ethereum surged by over 29% from a low of $880. Both assets have reached crucial areas of resistance after the recent rebound.   Share this article Ethereum took the lead in the latest cryptocurrency market revival, outperforming Bitcoin. Still, both assets appear to have more room to ascend. Bitcoin and Ethereum Rise The two largest cryptocurrencies by market capitalization, Bitcoin and… Source link

Ethereum’s native token, Ether (ETH), underwent a sharp relief rally after falling to $880, its lowest level in eighteen months, on June 18. ETH price regains 30% in two days Ether’s price reached above $1,150 this June 19, marking 30%-plus gains in just two days. However, at the beginning of the new weekly session this June 20, the ETH/USD pair hinted at giving up its weekend gains, with its price plunging by almost 9% from the $1,150 high.  PostyXBT, an independent market analyst, told his… Source link

Ethereum price dips beyond the new area for recovery. ETH price will drop 50% before finding key support to halt the descent. Expect an L-shaped to W-shaped recovery, as current tail risks will linger for some time. UPDATE: Ethereum price dipped below the psychological $1,000 mark during the weekend, as bears continued to dominate price action on Saturday. The market took a turn on Sunday, though, as the whole crypto ecosystem was able to bounce back and several coins recovered key… Source link

After a weekend of relentless losses, crypto’s top two coins made marginal recoveries on Sunday, rising above $20,000 and $1,000, respectively. BTC has recovered by just over 15% in the last 24 hours, rebounding from a shocking low of $17,772 yesterday, to $20,482 at time of writing, according to data from CoinMarketCap. ETH, which plummeted to $898 yesterday, has recovered over 25% in the last day to $1,130 at time of writing.  The price fluctuations mark at least a temporary reprieve… Source link