Ethereum Buyers Dominate Like It’s 2021 – Find Out What Happens Next
Ethereum is testing resistance just below $2,400, caught between renewed buying interest and the lingering uncertainty that has defined the market for months. The price action looks tentative from the outside — but a CryptoQuant report is pointing to something happening beneath the surface that the chart alone does not capture. Related Reading: Bitcoin Miners Are Choosing To Hold At $74K: Changing The Supply Picture According to the report, the 14-day moving average of Ethereum’s Taker Buy Sell Ratio on Binance has surged to 1.036, its highest reading since April 2021. That means....
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Despite the recent downturn in the cryptocurrency market and NFTs, the use-cases for NFTs are constantly expanding. NFTs are here to stay, and with the current diminishing prices, it signals a good buying opportunity for investors. But with NFTs being a new technology, buyers and sellers are still facing difficulties because most platforms make it very hard to find the right NFTs. A company called LUDO is currently developing its own platform to simplify the user experience in the near future. Today, with no optimization or aggregation on marketplaces, organic exposure, SEO, or proper....
Ethereum price after collapsing finally managed to find support. $3.00-20 support area holds the key for the longer run and must hold. Intraday Support Level can be $4.00. Intraday Resistance Level may be $4.55-60. Ethereum price recovered well after testing a monster support area. Buyers appeared and defended the $3.00-20 area successfully, and there is a chance that the price may extend its gains in the near term. However, there are a few resistances formed on the upside for buyers. Currently, the price is trading near a bearish trend line formed on the hourly chart (data feed via....
Ethereum has entered a volatile phase after breaking its 2021 all-time highs last week, sparking both excitement and caution across the market. After the surge, ETH retraced and tested critical demand levels, where buyers stepped in to defend support. Bulls are showing resilience, with analysts pointing to the possibility of Ethereum rallying past $5,000 in […]
Bitcoin is trading at a pivotal level where its previous all-time highs, set in January and May, are now being tested as support. This zone has become a critical battleground for bulls and bears, as fear spreads through market sentiment. Many investors are bracing for further declines, worried that a break below these levels could accelerate downside momentum. Related Reading: Bitcoin STH Cost Basis Aligns With Critical Indicator: Support Builds Around $100K Level Fresh on-chain data adds weight to these concerns. According to CryptoOnchain, insights from CryptoQuant charts reveal a sharp....
Ethereum price looks like setting up for a minor correction towards a major support area of $13.20 where it may find buyers. Key Highlights. Ethereum price after posting a minor high around $14.38 vs the US Dollar found offers, and started consolidating gains. Yesterday’s highlighted bullish trend line on the hourly chart (data feed via Kraken) of ETH/USD is still in the action and may act as a support area. The price may correct a few points down before it can find bids once again in the short term. Ethereum Price – $13.20 As Support. Ethereum price ETH may have made a short-term top near....