Home
Notification
Profile
Trending Articles
News
Bookmarked and Liked
Creator Center
Settings
LIVE
TheCryptologist
--
Follow
Crypto Markets Lost $100B Overnight as Spot Bitcoin ETF Outflows Hit $146M
$BTC
$BNB
$SOL
Disclaimer: Includes third-party opinions. No financial advice. May include sponsored content.
See T&Cs.
6
0
Replies
0
Explore the latest crypto news
⚡️ Be a part of the latests discussions in crypto
💬 Interact with your favorite creators
👍 Enjoy content that interests you
Email / Phone number
Sign Up
Login
Relevant Creator
LIVE
TheCryptologist
@TheSinner
Follow
Explore More From Creator
Is ETH in Danger of Falling to $3K or Will the Bulls Wake Up? The Daily Chart A closer look at the daily chart shows that Ethereum has reached a pivotal support region after a brief consolidation correction stage. This region encompasses the price range between the 0.5 ($3421) and 0.618 ($3289) Fibonacci levels, aligning with the substantial support of the 100-day moving average ($3412). T The alignment of these support indicators highlights the strength of this critical level and the prevailing demand at this juncture, which could halt further downward pressure. A battle between buyers and sellers is expected at this pivotal price range, leading to heightened market volatility and potential liquidations. The outcome will likely determine Ethereum’s upcoming trend. If sellers overcome buyers and breach this crucial support region, a cascade toward the 200-day moving average at $2996 will be imminent. The 4-Hour Chart On the 4-hour chart, Ethereum formed a head and shoulders pattern, resulting in increased selling activity and a break below the pattern’s neckline. This development and a bearish divergence between the price and the RSI indicator have heightened bearish momentum, leading to a significant downward movement. Following this, Ethereum has formed a descending flag pattern, a well-known bullish continuation pattern if breached from the upper boundary. Currently, the price is hovering around a critical and decisive support region marked by the 0.5 ($3420) to 0.618 ($3289) Fibonacci retracement levels and the flag’s lower boundary. This area is experiencing intensified volatility and fluctuations. If sellers break down this crucial support, an impulsive downtrend targeting the $2.9K support is expected. Conversely, if sufficient demand returns and shrinks the existing supply, a reversal towards the flag’s upper boundary at $3.6K will likely occur. $ETH
--
What affects the price of Ethereum (ETH)? Cryptocurrencies traded on the open market are much like any other asset traders can access on an exchange. ETH - the native cryptocurrency of the Ethereum protocol - is no exception. Its price can be affected by many factors that can be categorized into two. First, there are internal considerations specific to Ethereum. For example, positive developments associated with the protocol can boost the price of ETH, while negative developments can lead to a decline. On the other hand, there are also external factors. For example, many altcoins, including ETH, are affected by Bitcoin price fluctuations. Therefore, if BTC goes into a parabolic bull run, this usually leads to increased investments and inflows into the altcoin sector, positively impacting ETH’s price and vice-versa. $ETH
--
How to read Ethereum (ETH) Charts? There are various software solutions and trading tools used to gauge the price of Ethereum on a chart, but the most common one is undoubtedly through a chart with Japanese candlesticks. Every candlestick is a visual representation of a time frame - it can be a second, a minute, an hour, a day, a week, a month, or even a year. Each candle provides specific information, which includes the opening price, the current price, the closing price (the price at which the candle was closed and a new one appeared on the chart), as well as the highest and the lowest point of the price reached during that time frame. In addition to simply looking at the candles, most charting tools also provide additional instruments such as moving average trendlines, Fibonacci retracement levels, Relative Strength Index (RSI), and more. $ETH
--
Crypto Markets Lost $100B Overnight as Spot Bitcoin ETF Outflows Hit $146M $BTC $BNB $SOL
--
Important Ripple v. SEC Update June 18th: Commission Takes a Hit David Hirsh, Chief of the Crypto Asset and Cyber Unit at the SEC, recently resigned, denying rumors of joining a Solana-based marketplace.His departure comes as the SEC’s lawsuit against Ripple progresses, with the regulator recently lowering its proposed penalty to $102.6 million #BinanceTournament #altcoins
--
Latest News
Ethereum(ETH) Drops Below 3,000 USDT with a Narrowed 3.68% Increase in 24 Hours
--
Bitcoin Falls Below $76,000 as 24-Hour Gains Narrow
--
Bitcoin(BTC) Drops Below 76,000 USDT with a Narrowed 0.14% Increase in 24 Hours
--
Cardano Reclaims Top 10 Spot Amid Cryptocurrency Market Rally
--
Bitcoin Surges to New All-Time Highs Amid Market Optimism
--
View More
Trending Articles
🚨 SHIBA INU: COINBASE NOT JOKING!!! JUST 72 HOURS LEFT!!! (
Crypto Journey1
Understanding Liquidation in Futures Trading: Avoiding Costly Mistakes
Anasta Maverick
SOL/USDT has started to pull back from the $205.00 resistanc
Grac_e
$BTC $NOT 💥BTC Update: Triple Top Pattern Indicates Possi
Usmanrana
🚨 DOGE Holders Alert: Will the Dogecoin Dream Rise Again? 🚨
Crypto Master 786
View More
Sitemap
Cookie Preferences
Platform T&Cs
