Ethereum

Bitcoin price declined heavily and tested the key USD 40,000 support region. Ethereum tested the USD 2,800 support and recovered, XRP settled below USD 1.00. OMG gained over 20% and surpassed the USD 10.00 level. Bitcoin price extended its decline below the USD 43,500 support level. BTC even broke the USD 42,000 support and traded close to USD 40,000. It is currently (04:26 UTC) recovering losses, but the bears are keeping the price… Source link

Ethereum price collapses -12.2% but recovers roughly half of the loss. Extremely bearish Ichimoku conditions persist, limiting upside pressure while maximizing further losses. Bears target $2,500. Ethereum price continues to follow all crypto and non-crypto markets in a broad risk-off sell-off. Ethereum bears, which targeted the $2,900 value area, succeeded and now focus on $2,500. In addition, significant bearish Ichimoku conditions point to continued moves… Source link

This morning’s crypto crash startled many investors. Waking up to red numbers is never a fun time, and waking up to red numbers across an entire investment class is enough to shake even the most sure of bulls. But, as the market always proves, these times never last. Crypto will be back on its feet again, and while many small cryptos might fall to the wayside, there are a host of solid investments which are sure to rebound from the volatility, particularly Ethereum (CCC:ETH-USD)…. Source link

Ethereum’s native asset Ether (ETH) prices slumped on Sept. 20 amid a broad selloff in the cryptocurrency market, led by worries about a potential housing bubble crisis brewing in China. The ETH/USD exchange rate dropped as much as 12.52% to $2,911 on the Coinbase exchange, hitting its lowest levels since the beginning of August 2021. Elsewhere in the crypto market, Bitcoin (BTC), Binance Coin (BNB), Cardano (ADA), Solana (SOL), and other top tokens plunged in tandem. The performance of top… Source link

Shares of crypto-related stocks, including Marathon Digital Holdings Inc (NASDAQ: MARA) Riot Blockchain Inc and Coinbase Global, Inc. (NASDAQ: COIN) are trading lower amid a decrease in the price of Bitcoin (CRYPTO: BTC) and Ethereum (CRYPTO: ETH). Bitcoin is trading 4.3% lower at around $43,500 Monday morning. Ethereum is trading 4.8% lower at around $3,030 Tuesday morning. Marathon Digital focuses on mining digital assets. It owns crypto-currency mining machines and a data center to mine… Source link

ETH/USD – Ether Plummets Into $3000 Support Key Support Levels: $2890, $2770, $2720.Key Resistance Levels: $3200, $3300, $3350. Ethereum fell a sharp 11.5% today as it crashed back to $3000. The cryptocurrency had dropped from near $4000 at the start of September as it fell into support around $3200 (.5 Fib Retracement) last week. A rising trend line bolstered the support, and it allowed ETH to rebound during the week. It reached as high as $3600 last week but rolled over… Source link

Bitcoin price extended its decline below USD 44,000. Ethereum might test USD 3,000, XRP is down over by 13%. SOL, DOT, and DOGE declined around 12%. Bitcoin price remained in a bearish zone below the USD 46,000 level. BTC extended its decline and traded below the USD 44,000 support. It is currently (11:52 UTC) down by almost 8% and it might continue to move towards USD 43,200. Similarly, most major altcoins are trading in the red… Source link

Today cryptocurrencies have turned bearish again; they have been showing signs of weakness since the flash crash two weeks ago, but today they are making the big move. Cryptocurrencies weakened sharply in the past 24 hours with a sudden spike in volatility. Bitcoin has lost around $4,000 and it continues to slide lower, so will this be a proper bearish reversal that would send Bitcoin even lower toward $40,000 and eventually to $30,000 or will we see a reversal soon? Litecoin Analysis –… Source link

A strategist at JPMorgan stated that ether’s fair value is way lower than its current price. According to a set of measurements based on network activity, he calculated ether’s value at $1,500, 55% lower than its market price. One of the reasons argued for this assessment, is that Ethereum is not so unique anymore, and it is facing tough competition from other chains like Solana and Avalanche. JPMorgan Strategist Thinks Ether Is Overvalued Nikolaos Panigirtzoglou, Managing… Source link

Ethereum started another decline below the $3,400 support zone against the US Dollar. ETH price must stay above $3,150 to avoid more losses in the near term. Ethereum started a fresh decline from the $3,500 and $3,550 resistance levels. The price is now trading below $3,300 and the 100 hourly simple moving average. There is a major bearish trend line forming with resistance near $3,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair could a steady increase as long as it is… Source link