Ethereum Price Slides, Crypto Market Gripped by Fear; ETH/USD Back to $2.1k?
Extreme fear grips the crypto market after June 8 losses. Amid the market-wide drawdown, Ethereum wasn’t spared.
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.
Extreme fear grips the crypto market after June 8 losses. Amid the market-wide drawdown, Ethereum wasn’t spared.
The ongoing Ripple-SEC case is turning to be a spectacle to watch, especially for crypto enthusiasts.
The Bitcoin price is relatively stable, pushing higher, relieving the crypto market.
The Ethereum price is stable, moving within tight ranges but encouragingly up after sinking to as low as $2.1k.
The Ripple price has been both hot and cold in the last few trading sessions. Month-to-date, the XRP/USD is deep in red, sinking over 40 percent
All sorts of emotions characterize the Bitcoin price. Indeed, at one stage, the BTC/USD price may be clearing barriers, surging to new territories much to the
It could be a dead cat bounce. However, what’s evident and perhaps contrarian is: Ethereum is firm with the backing of solid fundamentals.
Last week ended with bears firmly in control. At the end of it all, the Ripple price is down 37 percent week-to-date, with sellers firmly in
The Bitcoin price, on May 19, plunged by over 20 percent, at some point crashing below $30k, sending the flagship cryptocurrency to a three-month low.
For Ethereum traders, it has been a terrible five days. After the rout of last weekend, sell pressure continues to mount despite what the future holds.
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