Category: Ethereum Analysis

Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high

Ethereum acts as a ‘hedge’ in Bitcoin price crash as ETH/BTC hits 3-year high

The second-largest cryptocurrency posts dwarfed losses compared to Bitcoin’s 21% price decline Saturday. 6108 Total views 42 Total shares Ethereum’s native token Ether (ETH) plunged alongside other cryptocurrencies on Dec. 4. Still, its move downside did not deter it from hitting a three-year high against Bitcoin (BTC), the world’s leading crypto by market capitalization. The […]

Continue Reading

Ethereum ‘huge Cup & Handle pattern’ reaffirms $6.5K ETH price target

Ethereum ‘huge Cup & Handle pattern’ reaffirms $6.5K ETH price target

Ethereum’s native asset, Ether (ETH), may rebound by nearly 60% in the coming sessions as bulls pin their hopes on a classic bullish continuation pattern. Prices may rise to or above $6,500 from their current levels near $4,100 after completing a cup-and-handle formation, hinted Matthew Hyland, an independent on-chain analyst, in a tweet published Monday.  A perfect […]

Continue Reading