Tag Archives: Ethereum cost basis distribution

Ethereum To $3,400? On-Chain Shows No Big Hurdles Ahead

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On-chain data suggests Ethereum doesn’t face any dominant resistance levels until $3,417, something that could open up the path to the mark. Ethereum Cost Basis Distribution Shows Resistance Ahead Is More Spread Out In a new Cost Basis Distribution” is an indicator that tells us about how much of the asset’s supply was last purchased… Continue reading Ethereum To $3,400? On-Chain Shows No Big Hurdles Ahead→

Ethereum (ETH) Consolidates Within Tight Range As Key Support Level Forms – Details

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Ethereum (ETH) prices have surged by over 3% in the past day in line with a bullish upswing across the broader crypto market. However, Ethereum on-chain data reveals the altcoin has stumbled in a range-bound market hinting at a potentially prolonged sideways movement. Ethereum Trapped In $1,548 – $1,599 Range – Glassnode In a cost… Continue reading Ethereum (ETH) Consolidates Within Tight Range As Key Support Level Forms – Details→

Ethereum Cost Basis Data Signals Strong Support At $1,886 – Details

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The Ethereum (ETH) market has experienced some recent good fortunes rising by over 5% in the past 24 hours. Despite this price gain, the prominent altcoin remains in a downtrend as indicated by its 11.17% loss in the past week.  However, prominent analytics platform Glassnode has discovered an important price level that could offer some short-term… Continue reading Ethereum Cost Basis Data Signals Strong Support At $1,886 – Details→

Ethereum Key Support: Cost Basis Data Points To $1,890 As Make-Or-Break Level

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In line with major losses across the crypto market, Ethereum (ETH) declined by 17.08% in the past week reaching as low as $2,104. While the prominent altcoin has shown some minor gains in the past 12 hours, the general market sentiment remains bearish. ETH Correction Likely Headed To $1,890 – Here’s Why The ETH market… Continue reading Ethereum Key Support: Cost Basis Data Points To $1,890 As Make-Or-Break Level→