Ethereum Topside Bias Vulnerable If ETH Dives Below $3,120

Ethereum extended losses below the $3,300 support zone against the US Dollar. ETH price even traded below $3,200 and might continue to move down. Ethereum started a major decline from the $3,450 resistance zone. The price is now trading below $3,200 and the 100 hourly simple moving average. There is a key bearish trend line forming with resistance near $3,425 on the hourly chart of ETH/USD (data feed via Kraken). The pair remains at a risk of more losses below the $3,140 and $3,120 levels. Ethereum Price Extends Downsides Ethereum…

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Ethereum traders eye the 61.8% Fib level if ETH fails to hold the $3.2K support

The cryptocurrency market is nearly completely red on April 6 afterย hawkish comments from multiple members of the Federal Reserve highlighted their opinion that aggressively raising interest rates and cutting bond purchases would need to happen in order to combat inflation. Members did concede that this would result in negative pressure being placed on financial markets and this seems to be exactly what happened on April 6.ย  Data from Cointelegraph Markets Pro and TradingView shows that the downward move for Ether (ETH) accelerated on April 6 and dropped the top altcoin…

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BTC Falls Below $45,000 Ahead of FOMC Minutes, ETH Extends Recent Losses โ€“ Market Updates Bitcoin News

Bitcoin fell below the $45,000 level on Wednesday, as the selloff in crypto markets extended, following strong gains last week. ETH was also down in the session, slipping to a five-day low in the process. Overall, the global crypto market cap fell by 4% as of writing. Bitcoin BTC fell below $45,000 during Wednesdayโ€™s session, as markets were waiting for the release of latest FOMC meeting minutes. The minutes typically provide traders an inside look into the thinking of the Fed, when it comes to policy decisions. As of writing,…

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Lohnt sich ein Ethereum Mining Rig in 2022? (Gewinn, Kosten, Risiko)

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Bitcoin Climbs Above $47,000, as ETH Consolidates at Key Resistance Level โ€“ Market Updates Bitcoin News

Bitcoin was back in the green during Tuesdayโ€™s session, as the worldโ€™s largest cryptocurrency rose above $47,000. ETH was also marginally higher today, as it continued to hover close to its $3,500 resistance level. Bitcoin Bulls were back in bitcoin on Tuesday, as the worldโ€™s largest cryptocurrency rose above $47,000 during the session. Following a low of $45,235.82 to start the week, BTC/USD rallied to an intraday high of $47,106.14 earlier in the day. Despite the surge, market uncertainty continued to be an issue in crypto trading, with prices moving…