
Ethereum Drops 4% after ETH Prices Find Resistance At $3.8k
The Ethereum price is down four percent at spot rates but remains in an uptrend as per the candlestick arrangement in the daily chart.
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 is down four percent at spot rates but remains in an uptrend as per the candlestick arrangement in the daily chart.
Solana is one of the top 10-performing assets. In the previous week of trading, SOL, is up double digits, adding 36 percent against the USDT. The
The Bitcoin price is below the $46.5k level after briefly consolidating in a tight $2k range. Despite the cool-off traced to early this week, buyers still
Ethereum is one of the top performers in the last trading week, adding double digits and blasting past resistance levels as per the formation in the
Cardano is the top-performing asset in the top 10, racing 35 percent in the past trading week and outperforming assets like BTC within the same time
The Bitcoin price is firm to the upside, adding seven percent in the past trading week and above immediate resistance—now support—levels.
Ethereum buyers are rampant at spot rates, stable on the last trading day but up double digits week-to-date versus the USDT, according to trackers.
Polkadot is in green in the last trading week despite a weak conclusion of the week.
The Bitcoin price might have broken above $40k at spot rates, but the coin is still under consolidation, moving inside a tight trade range.
Ethereum prices appear capped at spot rates. However, from the daily chart, ETH has been making a series of higher highs relative to the upper BB–a
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