Ethereum hovers at $3,600, poised for a breakout alongside Bitcoin, with potential gains toward $4,000 or a pullback to critical support at $3,300 and $3,000.
Technical Analysis
Bitcoin remains the most influential cryptocurrency, but over 7,000 cryptocurrencies and other digital assets exist.
Ethereum is leading what is known as Altcoins, and it is the second-largest cryptocurrency by market capitalization. Bitcoin and Ethereum both suffer from excessive network fees and scaling problems, and the third generation of cryptocurrencies is where the most significant potential emerges. They incorporate fixes to existing issues and continue to gain market share in one of the most competitive sectors. Adoption gathers pace, but global regulators pose a threat and challenge to all assets in this class. Binance Coin, owned by cryptocurrency exchange Binance, stablecoin Tether, Cardano, Polkadot, XRP, Uniswap, and Litecoin are some of the more prominent cryptocurrencies to monitor. There are dozens of other exciting projects, from privacy coin Monero to rising star Dogecoin, Tron, Cosmos, Neo, BAT, and QTUM. Rather than trying to be everything to everyone, like Bitcoin and Ethereum, third-generation cryptocurrencies address specific challenges and offer a real-world application today. The growth of decentralized apps or dApps and non-fungible tokens (NFPs) add another layer of in-demand solutions to existing issues, making crypto excluding Bitcoin an attractive but volatile sector with tremendous potential for investors and traders alike
Most Recent
Technical Analysis
Ethereum nears $3600 resistance, driven by Bitcoin’s strength and broader crypto trends, with $3300 providing strong support for potential breakouts.
Technical Analysis
During my daily analysis of Ethereum, I’ve noticed that the $3400 level continues to be a major anchor for price.
Technical Analysis
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Ethereum rallied a bit during the trading session on Monday as we continue to see a lot of interest in crypto markets overall.
Technical Analysis
The Bitcoin market has seen almost nothing over the last couple of trading sessions.
Technical Analysis
Ethereum has had a slightly negative trading session on Wednesday, as we continue to hang around the crucial $3000 level.
Technical Analysis
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Ethereum markets have gone back and forth during the trading session on Tuesday as we continue to look at the $3000 level with great interest.
Technical Analysis
The Ethereum market pulled back just a bit during the trading session on Friday, as we continue to see a lot of noisy behavior.
Technical Analysis
Ethereum markets initially tried to rally during the trading session on Wednesday, but it appears that we continue to see a bit of noise above.
Technical Analysis
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Ethereum rallied slightly during the early trading session on Tuesday, only to turn around and show signs of life again.
Technical Analysis
Ethereum was fairly noisy during the trading session on Tuesday, but what has caught my attention is twofold.
Technical Analysis
Ethereum, after a brief dip in Monday's trading session, has shown signs of resurgence, breaking above the 20-day Exponential Moving Average.
Technical Analysis
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On Friday, Ethereum's market experienced an initial dip, reflecting the ongoing volatility pervasive across the cryptocurrency landscape.
Technical Analysis
Ethereum encountered some turbulence earlier today, dropping below the $2,100 mark, only to swiftly rebound and exhibit renewed strength.
Technical Analysis
Ethereum's recent trading sessions have exhibited some fluctuations, but it appears that buyers are stepping in during brief dips.
Technical Analysis