Ethereum forming a double top? ETH price loses 12.5% amid Evergrande contagion fears
The pattern’s neckline support near $1,984 emerges as Ethereum’s downside target. Go to Source Powered by WPeMatico
Bookmarking Crypto Insights
Auto Added by WPeMatico
The pattern’s neckline support near $1,984 emerges as Ethereum’s downside target. Go to Source Powered by WPeMatico
The success rate for cup-and-handle patterns in forex and stock markets, on daily timeframes, are 65% and 68%, respectively, per a Harvard study. Go to Source Powered by WPeMatico
The jump in UNI/USD rates has quickly met with sellers at local top levels. Go to Source Powered by WPeMatico
The drop came in sync with the overall crypto market decline in recent sessions. Go to Source Powered by WPeMatico
The sixth-largest cryptocurrency by market cap remains one of the best performers despite the overall crypto market losing more than $200 billion. Go to Source Powered by WPeMatico
The second-largest cryptocurrency reaches its best levels against Bitcoin and the dollar in more than three months. Go to Source Powered by WPeMatico
The Ethereum blockchain native asset broke its downward sloping resistance trendline to the upside, triggering a textbook bullish outlook. Go to Source Powered by WPeMatico
To date, 92,595 ETH have been burned following Ethereum’s London hard fork upgrade. Go to Source Powered by WPeMatico
“If Bitcoin were to catch up to Ethereum’s performance this year, the No. 1 crypto’s price would approach $100,000,” believes Mike McGlone, senior commodity strategist at Bloomberg Intelligence. Go to Source Powered by WPeMatico
Ethereum risks bearish exposure as ETH price rises against falling volumes, but three crucial on-chain indicators suggest a dissenting scenario. Go to Source Powered by WPeMatico