Ethereum's momentum weakened as its RSI trendline for the USDT pair broke down, raising concerns among traders about a possible sharp price decline. The ETH/BTC pair is also close to a similar breakdown, which could confirm a double sell-off pattern similar to Solana's recent drop. This technical weakness coincides with over $2.1 billion in Bitcoin and Ethereum options expiring and Wall Street's $5.7 trillion Triple Witching event, potentially amplifying volatility. Ethereum's price hovers near a critical $1,800 support level, with further downside risks if this level breaks, impacting DeFi platforms and institutional investors who are closely watching market moves.
Cryptocurrency markets saw a general decline with Bitcoin priced near $64,223, down 0.99%, and Ethereum falling 2.65% to around $1,874. Other major coins like Binance Coin and Solana also dropped slightly. This reflects ongoing market volatility and ...
Ethereum is gaining investor interest, with its price climbing 2.32% to approach $2,000 due to steady capital inflows. The ETH/BTC ratio has broken a 301-day resistance, signaling a rotation of funds from Bitcoin to Ethereum. This momentum is support...
The US Justice Department transferred 54.89 billion Shiba Inu (SHIB) tokens seized from FTX, but their value dropped 85% from $1.55 million to about $235,500 during legal proceedings, meaning the government retained only 15% of the original dollar va...
Ethereum price retreated after a 5% rally driven by U.S. inflation data, as traders took profits near $1,930. Strong support around $1,850 remains intact, keeping the technical outlook positive with $2,000 as the next key target. Market factors like ...
Ethereum (ETH) has gained over 10% in the past week, currently trading around $1,919 with bullish momentum supported by technical indicators like MACD and RSI. The price is approaching resistance near $1,951, with a potential breakout toward $2,000 i...
