Recent market movements have exposed Ethereum (ETH) to significant selling pressure, leading to a 23% decline and bringing its price to yearly lows at $2,200. One of the major concerns for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has been persistent since September 2022. Ethereum has fallen by 44%
Ethereum
Recent developments in the cryptocurrency market have shown that Ethereum has entered oversold territory, which could potentially be a bullish sign for the second-largest crypto by market cap. Analysts have noted that historically, Ethereum tends to see a rally or a short-term pump whenever the relative strength index (RSI) is in or near oversold territory
Samuel Edyme, fondly known as HIM-buktu, is a unique individual with a wide array of talents. His background in journalism, combined with his passion for trading, sets him apart in the world of web3 content creation. His entrance into the crypto space was not the typical success story one might expect. In fact, it began
Samuel Edyme, also known as HIM-buktu, is a multifaceted individual with a diverse skill set. While he is primarily known as a web3 content writer and journalist, his aspirations also include becoming a successful trader. Edyme has contributed his writing to several renowned publications within the industry, such as AMBCrypto, Blockchain.News, and Blockchain Reporter. His
The Ethereum price action has left many traders disappointed in recent months, as it has failed to meet expectations. Currently stuck in a bearish trend, Ethereum’s price has dropped by 23% over a 30-day period. This decline has surprised many investors who were hopeful for a bullish surge after the launch of Spot Ethereum ETFs.
Ethereum (ETH) has been facing significant challenges in recent days, with its price stuck in a tight range between $2,300 and $2,800 since the beginning of August. The failure to break past the $2,600 mark has caused concern among analysts and investors alike. One crucial piece of data that sheds light on Ethereum’s current situation
Samuel Edyme, commonly known as HIM-buktu, is a multifaceted individual excelling in various fields such as web3 content writing, journalism, and trading. His ability to craft compelling narratives and identify emerging trends has garnered him recognition from industry titans like AMBCrypto, Blockchain.News, and Blockchain Reporter. However, Edyme’s path to success was far from smooth, marked
Samuel Edyme, also known as HIM-buktu, is not your average individual. His foray into the world of cryptocurrency was not marked by success, but rather by a scam – a Ponzi scheme that lured him in with the promise of quick profits. Despite this setback, Edyme did not back down. Instead, he used this experience
The cryptocurrency market is currently experiencing a period of uncertainty, with both price stagnation and volatility making it difficult to predict the future. However, all eyes are on the highly anticipated Pectra upgrade for the Ethereum (ETH) network, scheduled for the first quarter of 2025. This major upgrade has caught the attention of bullish analysts
After a period of uncertainty and market volatility, Ethereum (ETH) seems to have turned a corner. Various metrics are suggesting that the worst is over for the second-largest cryptocurrency by market cap. One of the key indicators is Ethereum’s market value to realized value (MVRV) lowest pricing level, which currently stands at $1,687. This signifies