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” Ethereum’s TVL dominance drops to 55% as Bloomberg analyst paints $1.7K bearish target “ Another big drop in the U.S. stock market could leave Ethereum’s native token Ether (ETH) in a similar downside spell, according to the latest Bloomberg report on digital assets. Ethereum faces global recession risks Mike McGlone, the senior commodity strategist…
” Ethereum risks crashing under $2K as ETH paints bearish ‘symmetrical triangle’ — analyst “ Ethereum’s native token Ether (ETH) will likely fall below $2,000, according to one popular market analyst. Ether paints a classic bearish continuation setup Pseudonymous market analyst Wolf shared the downside outlook on March 7 as Ether’s price rebounded by over 3%…
” Ethereum price consolidates near $2.8K as analysts say bulls prepare for a push higher “ Choppy market conditions dominated the cryptocurrency landscape on March 3 as the global economy continues to face challenges on multiple fronts and uncertainty about the future weighs heavily on asset prices. Data from Cointelegraph Markets Pro and TradingView shows…
“# Ethereum price moves toward $3K, but pro traders choose not to add leverage ” Even though Ether (ETH) price bounced over 20% from the $2,300 low on Feb. 22, derivatives data shows that investors are still cautious. To date, Ether’s price is down 24% for the year, and key overhead resistances lay ahead. Ethereum’s…
“# Terra’s Mirror Protocol MIR rebounds 40% two days after crashing to record low ” Mirror Protocol, a decentralized finance (DeFi) protocol built on the Terra blockchain, was hit by one of the biggest collapses in financial history this week after Vladimir Putin ordered military strikes against Ukraine. Terra tokens rally Mirror Protocol’s native token,…
“# Terra LUNA price nears key level after rallying 45% this week ” A rebound rally in the Terra (LUNA) market this week risks exhaustion as the price retests a key trendline for a potential pullback. Descending channel risks LUNA decline LUNA has been trending lower inside a falling channel—made up of two parallel descending…
“# Avalanche price rallies 20% after report reveals $25M inflows into AVAX investment vehicles ” Avalanche (AVAX) rallied by around 20% in the last two days as a new report revealed millions of dollars flowing into AVAX-based investment products. Penned by CoinShares, an institutional crypto fund manager, the report highlighted that Avalanche-based investment vehicles attracted…
“# $89M flows into Bitcoin funds despite looming conflict, but ETH funds are negative ” Amid a marketwide downturn across major crypto assets over the past week, institutional traders tipped almost $89 million into Bitcoin (BTC) funds. However, the money men failed to ba Ethereum (ETH) investment products, which saw outflows totaling $15.2 million. Despite…
“# Analyst say Ethereum price could fall to $1,700 if the current climate prevails ” Bitcoin (BTC) and Ether (ETH) price are still being hard hit by the current wave of volatility and this is leading traders to go back to the drawing board and readjust their short-term expectations. On Feb.17, Bitcoin price briefly dipped below…
“# Ethereum eyes $3.5K as ETH price reclaims pandemic-era support with 40% rebound ” Ethereum’s native token Ether (ETH) looks poised to hit $3,500 in the coming sessions as it reclaimed a historically strong support level on Feb. 5. Ethereum price back above key trendline ETH price rising above its 50-week exponential moving average (50-week…