Ethereum has been unable to break past the $2,400 resistance since March, showing a bearish trend as its price remains below key moving averages like the 200-day and 200-week. Despite a rise in total value staked indicating long-term investor confidence, technical indicators such as the TD Sequential signal a sell-off, and the MVRV metric suggests Ethereum is undervalued but vulnerable to further price drops. Analysts warn that another significant correction could occur before the market finds a bottom, urging investors to be cautious amid ongoing downtrends.
The Senate Banking Committee passed the CLARITY Act with bipartisan support, sparking optimism in the crypto community as it moves digital asset regulation forward. Despite this positive regulatory news, Bitcoin faces downward pressure from rising US...
Ethereum's price dropped to $2,250 as traders engaged in profit-taking at levels not seen in three weeks. This pullback suggests some investors are locking in gains after recent price increases. The decline could signal short-term caution in the mark...
Several cryptocurrencies, including Hyperliquid (HYPE), XRP, Toncoin (TON), Ethereum (ETH), and Shiba Inu (SHIB), are showing technical signs of potential recovery after periods of volatility. Hyperliquid leads with strong trend support and a rebound...
Garrett Jin, a former Ethereum whale, has recently acquired over 71,000 Binance Coin (BNB), worth nearly $50 million, signaling a possible shift in smart money from ETH to BNB. This move aligns with broader whale accumulation trends and coincides wit...
The Ethereum network saw $74.58 million in profit-taking last Thursday amid a 5.5% price decline over three days. This indicates investors are selling to lock in gains despite the recent price slide. The trend suggests cautious sentiment in the marke...
