Category: ETHKRW

Ethereum poised for breakdown to $1,100 before resuming upswing to $1,500

Ethereum puts the 100 SMA on a difficult test ahead of a tentative breakdown to $1,100. A possible double-bottom pattern at $1,100 may place Ether on a trajectory to $1,500. Ethereum price seems to be struggling to reverse the ongoing downtrend following the recent rejection at $1,481 (an all-time high). Support at the 50 Simple […]

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CoinShares: Weekly Investment Inflows In Crypto Funds Hit Record; ETH Set for Massive Market Changes

Big players seem to be consolidating their positions with the latest Bitcoin (BTC) price dip and the overall crypto market correction. Crypto fund manager CoinShares told Reuters, that weekly investment inflows in crypto funds hit a record $1.31 billion last week. Nearly 97% of the inflows went to Bitcoin while the world’s second-largest cryptocurrency Ethereum […]

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Ethereum price potential to $3,000 becomes apparent amid increasing utility in DeFi

Ethereum holds firmly onto support at the 50 SMA on the 4-hour chart. ETH begins the uptrend afresh, targeting levels above $1,500. A possible double-top pattern could jeopardize the rally to $3,000 and perhaps lead to more losses. Ethereum has been adamant to follow in Bitcoin’s footsteps over the last couple of weeks. The flagship […]

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Bitcoin Eyes $36k as it Breaks Out From 4-Day Range, Ethereum Breaks Key Resistance Against BTC

Bitcoin finally breached the $34,000 price resistance nearly after 4 days of consolidation between $30,000 and $33,500. The top cryptocurrency was trading at $34,443 at the time of writing with a 5% rise over the past 24 hours. The top cryptocurrency’s bull run slowed down significantly entering into the second week of 2021 after creating […]

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Ethereum (ETH) Hits New ATH With Multiple On-Chain Milestones, Liquidity Shortfall, & DeFi Optimism

Just while Bitcoin (BTC) continues its consolidation, Ethereum (ETH) leads the crypto market rally making a solid 15% surge and hitting a new all-time high above $1450. With this move, the Ethereum market cap crosses $163 billion once again with ETH entering the price discovery mode. Well, it’s not just investor optimism that’s driving the […]

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Ethereum Price Uptrend Jumpstarted Swinging Past $1,400 While $2,000 Beckons

Ethereum swings to new record highs, leading recovery among the top cryptocurrencies. Ether must close the day above $1,500 to validate the uptrend to $2,000 while on the downside support at $1,200 is crucial. Ethereum is among the best-performing cryptocurrencies in the market after a gruesome end of the week. The weekend session was characterized […]

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Will ETH Price Triumph Or Reject at All time High, Price Action in In-decision on Weekly

ETH Price action is likely to range between these two regions, breaking either will likely follow suit with a strong volatility move. Initial Price Action Double Top Rejection Key Weekly S/R Support Respected RSI Swing High Exceeded ETH Price Analysis: ETH Weekly Chart Read more Chart by Tradingview Preluding to the technical chart, ETHUSDT managed […]

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Grayscale Brings a Bunch of Altcoin Investment Products to Its Offerings, Continues BTC Buying

Digital asset manager Grayscale is further expanding into its product offering as the crypto market continues to gain maturity with time. The company has reportedly incorporated six more trusts for some of the lesser-known yet interesting altcoin projects like Chainlink (LINK), Tezos (XTZ), Basic Attention Token (BAT), and Filecoin (Filecoin). Grayscale has incorporated six more […]

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Ethereum price drops like a rock on losing crucial support, why correction is unstoppable to $900

Ethereum plummets from record highs of $1,446, resting sub $1,000 amid widespread crypto corrections. Ether may break down to $900 if support at $1,000 fails to hold. The cryptocurrency market is in bloodshed with assets posting massive losses over the last 24 hours. Ethereum is down a whopping 21% amid continuing declines while Bitcoin is […]

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