Ethereum

The post Crypto Carnage: Bitcoin Crashes Below $54K, Ethereum Plummets 30% In Last 7 Days! appeared first on Coinpedia Fintech News The crypto market’s turbulence has intensified, with Bitcoin plummeting to $54,000, marking a 7.31% intraday drop and a 17% decline over four days. This sharp descent has pushed BTC below its 200-day EMA, with a downtick in the 50-day EMA signaling a looming death cross. Ethereum has also faced significant losses, falling to $2,350, a 30% decrease in seven…

The post Solana Expert that Bought BONK Early Says this $0.0127 Ethereum Token Will Skyrocket 1,366% in 33 Days appeared first on Coinpedia Fintech News Top altcoins like Ethereum (ETH), Solana (SOL), and Bonk (BONK) have recorded notable losses as the crypto market continues bleeding. As a result, investors have started searching for tokens to purchase before the next bull run. As luck would have it, a Solana expert who bought BONK early predicts RCO Finance (RCOF), a new Ethereum…

Dogecoin started a major decline below the $0.1150 zone against the US Dollar. DOGE is now trading below $0.100 and showing many bearish signs. DOGE price is down over 15% from well above the $0.1200 pivot zone. The price is trading below the $0.100 level and the 100-hourly simple moving average. There is a key bearish trend line forming with resistance at $0.1000 on the hourly chart of the DOGE/USD pair (data source from Kraken). The price could continue to…

Ethereum price nosedived after it settled below $3,000. ETH is down over 20% and it is now attempting to recover from the $2,000 zone. Ethereum started a major decline below the $2,800 and $2,650 levels. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,500 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a recovery wave if it clears the…

Recent price movements in the cryptocurrency market have seen Ethereum experience a significant downturn, with the altcoin finally sustaining a break below the critical $3,000 support level. Ethereum has suffered a notable 4.76% decline over the past 24 hours, bringing its current trading price to just above $2,900.  While retail traders are still scrambling for their next move, on-chain data shows an interesting accumulation pattern of ETH by a particular whale entity. This whale, whose strategic moves have historically demonstrated…

Ethereum (ETH) recently dropped below the critical and psychological support level at $3,000, raising concerns for ETH bulls. This development comes amid the continued decline in revenue generated on the Ethereum network. Ethereum Crashes Below $3,000  Ethereum is down below $3,000, with this downtrend believed to be due to several factors. One is the outflows, which the Spot Ethereum ETFs have been experiencing since they began trading on July 23. Data from Farside Investors shows that these funds again experienced…

The post A Smart trader buys the dip, adds $68 million worth of Ethereum appeared first on Coinpedia Fintech News Amidst this bearish market sentiment, traders and investors look at accumulating massive Ethereum (ETH) as it experienced a notable price drop. Today on August 3, 2024, an on-chain analytic firm lookonchain made a post on X that the smart trader with a 100% win rate purchased a notable 2,424 ETH worth $7.22 million. Smart trader buys $68 million of ETH …

The post Bitcoin and Ethereum Q2 Price Movement Analysis Report   appeared first on Coinpedia Fintech News The Quarter Two of the Year 2024 was an eventful period for the crypto sector. During the period, the crypto market, especially the Bitcoin and Ethereum markets, witnessed several important events, capable of influencing market sentiment. Time to do an analysis to understand the Q2 price movements of the top two cryptos. Ready?   Bitcoin and Ethereum: Quarterly Performance Recap In Q2, Bitcoin recorded a…

The Ethereum price has been under intense bearish pressure over the past few weeks, continuing in a downward spiral over the last seven-day period. This horrid run of form has persisted despite the recent launch of spot ETH ETFs. According to recent on-chain data, the price of the altcoin seems to be approaching a significant level. This recent price action begs the question — is the Ethereum price in make-or-break season? 1.7 Million Addresses Purchased ETH At $3,000 – Here’s…