So basically the title. I have a non-negliglible amount of ETH staked (locked) as ETH 2.0 in a well known centralised exchange in order to reap that APY. As you may know, those ETH are locked until the merge and there is no way to "unstake" them or get them out of the exchange until…
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Ethereum declined below the $1,150 zone against the US Dollar. ETH is now at a risk of more losses if it stays below the key $1,200 pivot zone. Ethereum started a fresh decline below the $1,220 and $1,200 levels. The price is now trading below $1,200 and the 100 hourly simple moving average. There is a connecting trend line in place with support at $1,130 on the hourly chart of ETH/USD (data feed via Kraken). The pair could decline further is a clear move below the $1,120 support zone. Ethereum Price Remains At Risk Ethereum remained in a bearish zone below the $1,280 and $1,250 resistance levels. ETH started a fresh decline and traded below the key $1,200 support zone. The decline gained pace below the $1,180 level and the 100 hourly simple moving average. As a result, the bears were able to push the price below the $1,150 support. A low is formed near $1,132 and the price is now consolidating losses. Ether is now trading well below $1,200 and the 100 hourly simple moving average. There is also a connecting trend line in place with support at $1,130 on the hourly chart of ETH/USD. An immediate resistance on the upside is near the $1,155 level. It is near the 23.6% Fib retracement level of the recent decline from the $1,235 swing high to $1,132 low. The next major resistance is near the $1,175 zone. The first major hurdle is near the $1,180 level and the 100 hourly simple moving average. The 50% Fib retracement level of the recent decline from the $1,235 swing high to $1,132 low is also near $1,180. A close above the $1,180 resistance zone could start a steady increase. In the stated case, the price could clear the $1,200 resistance. Source: ETHUSD on TradingView.com The next major resistance is near the $1,235 level, above which the price could even rise towards the $1,280 resistance level in the near term. More Losses in ETH? If ethereum fails to rise above the $1,180 resistance, it could continue to move down. An initial support on the downside is near the $1,120 zone. The next major support is near the $1,080 zone. A close below the $1,080 level might spark a sharp decline. In the stated case, ether price may perhaps decline towards the $1,000 level. Technical Indicators Hourly MACD – The MACD for ETH/USD is now gaining momentum in the bearish zone. Hourly RSI – The RSI for ETH/USD is now well below the 50 level. Major Support Level – $1,120 Major Resistance Level – $1,180
The DAO intends to generate yield with its native DAI stablecoin via traditional investments in US treasuries and possibly even corporate bonds.
These guys have endorsed or been sponsored by Compass Mining, Block Fi, Coin Flex, Celsius, etc. All of these companies have engaged in shady practices and have made these influencers rich. They share responsibility in promoting and funneling people into these companies. McCormack, the ultimate BTC maxi, pushing people to stake their coins and take…
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can I transfer my ENS name to it? is rocketpool staking (rETH) supported? it says rETH isn't supported, but also says it supports all ERC-20 tokens.. can I use the device as a 2FA key? almost certain I can because of the U2F chip, but just making sure. does it support L2s? I doubt it,…
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PRESS RELEASE. With crypto markets down around 50% in the past month and over 70% from their highs in late 2021, many crypto investors are searching for answers after their profits from the last few years have evaporated into the ether. Following the incredible bull market, crypto investors enjoyed over 2020 and 2021; you may […]
Bitcoin.org was purchased Jan 4th 2008. This is the closest thing we have to determining roughly around the time Bitcoin was conceived. October 31st, the code was put out there. Bitcoin was conceived in the month of Aquarius, and it was born in the month for Scorpio That said, the months of Scorpio and Aquarius…
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The results of a new report commissioned by the CNMV, the securities watchdog in Spain, have found that three out of four citizens have heard about cryptocurrencies. However, the report, which included opinions from 1,500 participants, also found that this knowledge is still minimal, and that less than 10% have actually purchased cryptocurrency as a […]
I already know how most of the sub feels about usdT , but stable coins in general, is it something that we can trust to hold its peg? Right now we’re in a noticeable downturn, and for crypto people who are into being their own bank, can stable coins still be a reliable storage of…
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