Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion Buying pressure saw ETH surge to the doorstep of a major resistance yet again Buyers can wait for a breakout, while short sellers could be swimming against the tide The V-shaped reversal of Ethereum … Read more
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion The H4 market structure remained bearish. The daily chart showed that $1350 and $1280 could see some relief from the selling. News that Voyager was liquidating its Ethereum holdings saw the bearish pressure intensify … Read more
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure was bearish on the 4-hour chart and strongly hinted at further losses. An imbalance above Ethereum prices meant a small bounce could arrive soon. Ethereum prices saw a rejection at the … Read more
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The bearish structure break two weeks ago meant sellers had an edge at press time. An imbalance on ETH charts could offer an ideal selling opportunity. A recent report highlighted that Ethereum [ETH] validators … Read more
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. The Ethereum (ETH) community seems to be supportive of Coinbase’s recently revealed layer-2 network, Base, which has been called a “watershed moment” and a “huge confidence vote” for … Read more
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. This week, Ethereum [ETH] experienced both good and bad news. According to a DappRadar analysis, the market valuation of non-fungible tokens (NFT) on the Ethereum network decreased by … Read more
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. ETH has been rejected at $1,743 and faces OB at a 78.6% Fib level. Fluctuating open interest (OI) could keep the above challenge going. After the release of US CPI, investors’ risk-on approach has … Read more
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion. The market structure and momentum were bearish. A revisit to $1560 was likely but the bears could seize the upper hand afterward. Bitcoin [BTC] bulls were able to keep BTC from falling beneath the … Read more
Disclaimer: The datasets shared in the following article have been compiled from a set of online resources and do not reflect AMBCrypto’s own research on the subject. At press time, the price of Ethereum (ETH) was at $1,552, down 5% from yesterday and 6% from one week ago. The fall coincided with a market-wide selloff … Read more
Disclaimer: The information presented does not constitute financial, investment, trading, or other types of advice and is solely the writer’s opinion ETH was in a bearish structure at press time. Further plunge could be likely if BTC drops below the $21K zone. Ethereum [ETH] plunge could extend if the $1,540 support fails to hold. However, … Read more
