If Ethereum Foundation is accurately timing the market, here’s what it means

‘Buy the dips and sell the rally,’ would be any seasoned trader’s piece of advice for timing the market. But, this timing can seldom be accurate in real-time. But, interestingly, a recent observation by trader Edward Morra seems to suggest that Ethereum’s all-time highs are matching with the sell-offs by Ethereum Foundation. $ETHFriendly reminder that … Read more

Ethereum, Dogecoin, Aave Price Analysis: 23 January

Considering the situation across traditional markets and global macroeconomic factors, the crypto-market has seen a crash over the past two days. As a result, Ethereum, Dogecoin, and AAVE dove to poke their multi-month/yearly lows on 22 January. Now, these cryptos need to reclaim their lost support levels on increased volumes to make way for a … Read more

Ethereum enters the weekend on a wave of relentless selling

In a previous article, it was pointed out that Ethereum was struggling to wade out of the $3300 area. There appeared to be no buyers in sight and bidders have been overwhelmed once the price fell below $3287 and almost retested the same level as resistance. Ethereum’s movement on the chart would depend on Bitcoin, … Read more

Solana gains momentum as NFT sales volume hits $1B, should Ethereum be worried

Solana has been a cryptocurrency blockbuster this year, and even 2021. However its token (SOL) went into free fall, following technical difficulties in its network. But did that hinder its growth? Well, not really. In fact, it gained more support- just recently JP Morgan, one of the largest banks in the world gave a vote of … Read more

CoinMarketCap finally reaches out to SHIB devs to fix ‘wormhole’ contract issues

It’s been quite the drama for a certain cryptocurrency over the past couple of days – Shiba Inu (SHIB) – with its vocal community part of an intense commotion on Twitter. In fact, SHIB’s community was in an online spat with CoinMarketCap and, it didn’t hold back. As one may know, SHIB incorporates only the … Read more

Ethereum: Strong sellers on each bounce as critical area emerges as supply zone

Disclaimer: The findings of the following analysis are the sole opinions of the writer and should not be considered investment advice For Ethereum, the fundamentals remain positive even though the price has been strongly bearish. The on-chain data on Ether holders is encouraging and the Ethereum 2.0 upgrade is eagerly awaited. On the charts, traders seem … Read more

Ethereum and why it has a solid case for a bullish 2022

2021 was undoubtedly a revolutionary one for cryptocurrencies, especially due to the mainstream emergence of decentralized finance (DeFi) and non-fungible tokens (NFT). However, good times don’t last forever. And, many are fearful that this year might not be as lucrative for investors now that signs of a slowdown are evident. Price no bound Ethereum‘s utility … Read more

Ethereum, Shiba Inu, Terra Price Analysis: 18 January

While the bulls still could not alter the broader outlook, the global crypto market cap kept slackening. Consequently, Ethereum and Shiba Inu’s RSI saw confirmed double-top after a sharp plunge below their supports. However, Ethereum’s CMF bullishly diverged with its price. Shiba Inu also saw an oversold position, but its OBV seemed hopeful for the … Read more

Corrections, yes, but here’s why Ethereum’s fundamental growth is still strong

Ethereum, the world’s largest altcoin, has one of the most promising ecosystems within the crypto-universe. on the contrary, many would disagree by looking at Ether’s bleeding price status. At the time of writing, for instance, it was trading far below its last all-time high. In fact, it was trading just shy of the $3.2K mark … Read more

Polygon introduces EIP-1559 to have a deflationary effect on MATIC

The Ethereum upgrade that introduced a partial network fee burning mechanism in August last year is currently making headlines again. Ethereum sidechain network Polygon is in the news today after it incorporated the same update (EIP-1559) within its ecosystem. The ‘deflationary’ club  Folks, #EIP1559 is a few hours away from going live on the #Polygon … Read more