The altcoin market has performed strongly in the past week, with Ethereum gaining nearly 15%. Axie Infinity, Cosmos, and Decentraland all followed the footsteps of Bitcoin and ETH and flipped former near-term resistance areas to support. Ethereum (ETH) Source: ETH/USDT on TradingView At $3411, in orange, lies a level that marked yet another swing high … Read more
As the broader sentiment deteriorated in the last 24 hours, Chainlink fell toward the $15.6-mark. Moreover, the king coin’s movement would be critical to ETH’s trajectory. Should the bulls dwindle, a test of $2,340 would not be of a surprise. On the other hand, MANA saw a bullish divergence with its 4-hour RSI. Ether (ETH) … Read more
As Bitcoin re-enters the $51,000 zone, Ethereum crossed the $4000-mark again while Dogecoin managed to breach the 23.6% Fibonacci resistance. Also, MANA snapped off the $3.64-mark. However, the overall trend still needed to be supported with high volumes to confirm a strong reversal. Ethereum (ETH) Source: TradingView, ETH/USDT On its 4-hour chart, ETH broke out … Read more
