Ethereum: Why investors should look beyond ETH’s current formation

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Long and short-term ETH holders saw gains If BTC’s bearish sentiment persists, ETH could find new support at $1217.22 and $1166.83  Ethereum [ETH] witnessed a drop just as it headed into the weekend. It lost … Read more

Ethereum investors must consider this ‘catch’ before going short on ETH

ETH’s press time market structure stood hounded by the bears Immense selling pressure could push funding rates further into the negative territory   Ethereum [ETH] broke through several support levels and plunged even lower as FUD spread around the alleged FTX exploiter dumping ETH for BTC. The alleged FTX exploiter sold 50,000 ETH for BTC over the … Read more

Assessing if Ethereum can break away from bearish shackles anytime soon

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum’s recent decline below its long-term trendline resistance exhibited an increased selling edge. The altcoin noted a gradual improvement in its funding rates over the past day. Ethereum [ETH] witnessed double-digit losses over the last 12 … Read more

Ethereum: How these levels can shape ETH’s path to recovery

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum’s recent decline below the near-term EMAs highlighted an increased selling edge. The altcoin noted a gradual decline in its funding rates over the past day. Ethereum [ETH] witnessed double-digit losses over the last few days … Read more

ETH could head in this direction unless the bulls decide to walk this road

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum witnessed a bullish invalidation after reversing from its immediate resistance The altcoin registered improvements in its funding rates over the last day Ethereum [ETH] lost a third of its value in its reversal on … Read more

Ethereum slides rapidly as structure shifts bearish, could more losses follow

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ethereum saw a large selling volume and shifted the lower timeframe structure to bearish Technical indicators and futures traders both showed further losses were possible At the time of writing, the previous 24 hours had … Read more

Ethereum rallies past crucial resistance, can it push to $2,000 this month

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ethereum pushes upward but nears higher timeframe resistance levels Bulls can look to ride the trend upward but must also be keen on booking profits A week ago, Ethereum [ETH] flipped the $1,485 mark from … Read more

Ethereum [ETH] traders can anticipate a pullback to this region

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice Ethereum surged above a range to show bullish intent This wave of buying could propel ETH as high as $2000 Ethereum saw powerful bullish momentum in the past week, but it slowed down in the … Read more

Tracing Ethereum’s [ETH] potential to continue rising after its recent gains

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice. Ethereum’s recent reversal from its resistance highlighted ease in buying pressure. The altcoin noted a substantial decrease in its daily active users over the last day. Ethereum [ETH] witnessed double-digit gains over the last week after … Read more

Here are the levels Ethereum [ETH] could soon have in its crosshairs

Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The weekly timeframe structure for Ethereum was bearish Daily and lower timeframes showed bullishness as ETH rocketed past the $1400-mark Ethereum [ETH] broke above a nearly month-long range that it has traded within. A … Read more