
Ethereum Drops 8% in a Crash, ETH Prices May Retest $1k
The Ethereum price demolition is in progress at press time. Even though bulls remain optimistic, ETH technical candlestick formation points to further weakness.
Crypto Economy section, we will publish every week the technical price analysis of Bitcoin [BTC], Ethereum [ETH], Ripple [XRP] and other cryptocurrencies.
These analyzes are prepared by our specialists based on the evolution of the markets.
A technical price analysis provides excellent and useful information that can help us know when is the best time to make movements in our investments or when it is not a good time to operate.
But we must not only take this information into account, the monitoring of the prices of a cryptocurrency must be accompanied by an investigation into the latest news related to it.
So we can get an idea about whether the price increase or decrease has occurred due to an event related to the project or if it could be a market manipulation, etc.
The Ethereum price demolition is in progress at press time. Even though bulls remain optimistic, ETH technical candlestick formation points to further weakness.
The recalibration of crypto prices is having severe ramifications for projects, and Avalanche is no exception.
Bitcoin prices are wavy at spot rates, moving with an unclear trend in the short term.
Ethereum prices are stable in the past trading week and red in the past 24 hours. Notably, bulls have failed to build on May 30 gains.
Ripple, like most cryptocurrencies, is steady at spot rates, moving inside a tight range in a broader bear flag.
Bitcoin is down roughly five percent from this week’s high and within a bear breakout formation. The inability of bulls to push prices above $32k indicates
Ethereum prices are bottoming up from 2022 lows. Currently, the coin is up 14 percent from 2022 lows, and there is a high probability of ETH
Chainlink wasn’t spared the brunt of sellers reading from how the coin performed in the daily chart.
Bitcoin prices are still moving in a narrow trade range with clear resistance and support levels when writing. Even though buyers are optimistic, their confidence has
Ethereum prices are trending lower at spot rates, looking at the development in the daily chart.
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