Expecting to reach at 1400ETHUSD is forming consolidation to reach at 1620 and have clear formation for the move to the downside expecting target at 1400$
Key stats
About Ethereum
Ethereum — the world’s second-most famous blockchain network — is a platform for creating decentralized applications based on blockchain and smart contract technology (a command that automatically enforces the terms of the agreement based on a given algorithm). It's the chain that birthed DeFi (decentralized finance) and started the NFT craze which saw billions of dollars pour into cryptocurrency. Safe to say, it's one of the big dogs.
$ETH MacroTechnical Analysis:
$Ethereum is currently trading in the $1600 range, displaying resilience around its yearly pivot. Notably, it has faced rejection at this level twice, indicating a significant resistance zone.
Long-Term Investment Perspective:
For investors seeking entry points for the next bull
ETHUSD AnalysisConfirmation for this long trade:-
1: Market is taking pullback from support area
2: taking rejection from trendline
Ethereum Bullish vs Bearish long termEthereum is forming a bearish wedge pattern on high time frame and to vakidate that pattern it has to rise and confirm the third and final rejection from the top rising trendline.
Imo by the end of this year the downward trend will again start.
If it hold here then it's a great opportunity or el
Expecting to reach at 1400ETHUSD is forming consolidation to reach at 1750 and have clear formation for the move to the downside expecting target at 1400$
ETH tough timeCRYPTOCAP:ETH hope you wont get rekt' 😶
imo tough time ahead #ethereum.
smol bear flag. could possibly do big things.
Ethereum facing resistanceLooks like Ethereum facing resistance more chance to test the support in the coming weeks
ETH breakeven point Perfect enter to the market after analyzing trend and confirmation got by Doji candle trade was confirmed going down
Candlestick pattern: 1 Hour RetraceThe 1 Hour Retrace pattern is a candlestick formation with great potential for success and strength.
This pattern originates after a false breakout of the level in which the price is contained, for example, in a channel.
The beginning of this pattern occurs when one of the candles breaks outside t
ETHEthereum (ETH) is rising gradually. The crypto asset gained over 50% between March and April 2023. Since then, it has remained under consolidation.
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ETHUSDETH/USD: Ethereum Continues a Fairly Steady Climb as Compound Debt Surpasses $1bn
The heightened level of Ethereum-based could indicate renewed interest in DeFi and the Ethereum network as a whole.
ETHUSDETH/USD: Ethereum Lifts Alongside Bitcoin in Renewed Optimism for Crypto Sector
Last week, Ethereum devs also proposed drastically increasing the amount of ETH needed for native staking by a factor of 64.
ETHUSDETH/USD: Ethereum Price and Options Trading Surge After 18m ETH Unlocked
Ethereum’s next major update will likely deal with implementing ‘sharding’ which will improve the network’s scalability.
ETHUSDETH/USD: Ethereum HODLers Prepare for the Effects of Imminent Shanghai Upgrade
Investors are concerned that the unstaking of ETH, which was previously locked, could prompt a sell off.
ETHUSDETH/USD: Popular Layer 2 Solution Arbitrum Launches Highly Anticipated Airdrop
The ARB token will be listed by major crypto exchanges including Binance and Coinbase.
ETHUSDETH/USD: Ethereum’s Long-Awaited Shanghai Upgrade in Final Stages
The final test run before Ethereum users can withdraw staked ETH has been successfully completed.
ETHUSDETH/USD: $197m Exploit of Euler Finance Shows DeFi Hacks Back in Full Swing
It’s the most costly DeFi exploit to have occurred this year so far.
ETHUSDETH/USD: Ethereum Branded a Security in NY Attorney General’s KuCoin Lawsuit
Etheruem has been labeled a security during the NY Attorney General’s lawsuit against KuCoin
ETHUSDETH/USD: Ethereum Levels Up Wallets With “EntryPoint” Upgrade
Ethereum has added “EntryPoint” – an improvement that allows wallets to function as smart contracts.
ETHUSDETH/USD: How Will the Shanghai Upgrade Change Ethereum?
Ethereum’s upcoming Shanghai upgrade will allow for the unstaking of more than $26bn worth of ETH.
ETHUSDLayer 2s like Arbitrum and Optimism are leveling up Ethereum
Etheruem may have given birth to the DeFi revolution, but it wasn’t its speed that got it there.
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