• News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT
  • Metaverse
  • Analysis
  • Learn
  • Market Cap
  • Shop
What's Hot

Types, Use Cases and Why They Matter

2025-05-24

What’s the Real Difference for Beginners?

2025-05-24

What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

2025-05-23
Facebook Twitter Instagram
  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
Twitter Instagram YouTube
Crypto Semantic
  • News
    • Bitcoin
    • Altcoins
    • Blockchain
    • DeFi
    • Regulation
    • Scams
  • NFT

    All Eyes on Art: Upcoming Collections to Watch the Week of January 28

    2025-02-03

    Op-Ed: The Artist and the Artificial Sublime

    2025-01-20

    Zora launches onchain NFT secondary markets with Uniswap

    2024-08-12

    NFT sales surge led by DMarket on Ethereum

    2024-08-12

    Top NFT Collections by Sales This Week: DMarket Surges Ahead

    2024-08-11
  • Metaverse

    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

    2025-01-03

    Experience to Earn: Everdome’s Metaverse Frontier

    2024-12-30

    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

    2024-12-13

    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

    2024-10-28

    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

    2024-09-05
  • Analysis

    Analyst Says Momentum Is Going To Switch to Ethereum, Predicts Capital Rotation to Altcoins

    2024-02-20

    Bitcoin Price Rally In Jeopardy? Decoding Key Hurdles To More Upsides

    2024-02-19

    Arweave’s AR token hits 18-month high amid rapid growth and innovation

    2024-02-19

    Largest Bitcoin Whales Gobble Up Nearly $13,000,000,000 Worth of BTC in 2024 Alone: Santiment

    2024-02-19

    NEAR Skyrockets 30% – Investors Intrigued By These Metrics

    2024-02-19
  • Learn

    Types, Use Cases and Why They Matter

    2025-05-24

    What’s the Real Difference for Beginners?

    2025-05-24

    What Is Circulating Supply in Crypto? A Beginner’s Guide to Token Supply

    2025-05-23

    What Is a DEX? How DEXs Work and Why They Matter

    2025-05-21

    What Is Blockchain? Blockchain Technology Explained for Beginners

    2025-05-21
  • Market Cap
  • Shop
Crypto Semantic
Home»Altcoins»Ethereum remains below $1900 – what’s next?
Altcoins

Ethereum remains below $1900 – what’s next?

2023-08-10No Comments3 Mins Read
Share
Facebook Twitter LinkedIn Pinterest Email

Disclaimer: The knowledge offered doesn’t represent monetary, funding, buying and selling, or different kinds of recommendation and is solely the author’s opinion.

  • ETH costs have stayed under $1900 since late July. 
  • Whales doubled down on their bids and offered off some holdings. 

Ethereum [ETH] took a cue from Bitcoin’s [BTC] restoration and bounced from $1800 to $1876. Nevertheless, the worth reversal forward of the July CPI (Client Value Index) knowledge may clear ETH’s +4% positive aspects tucked between 7 August – 8 August. 


Is your portfolio inexperienced? Take a look at the ETH Revenue Calculator 


ETH has struggled to climb above the $1900 zone since late July. Latest makes an attempt to foray into the worth stage have confronted constant worth rejections. On the time of writing, the upside after the sturdy BTC restoration noticed it edge nearer however stall close to the identical stage. 

Are extra losses doubtless?

Supply: ETH/USDT on TradingView

The value chart indicators’ readings confirmed little edge to bulls on the time of writing. For instance, the RSI rested close to the 50-neutral mark and will take any route, illustrating eased shopping for strain forward of July’s US CPI knowledge. 

The Chaikin Cash Stream printed the identical “impartial” inclination at press time. It moved sluggishly above the zero mark, denoting the restricted capital inflows stagnated in the previous couple of hours. 

ETH’s previous worth rejections have been facilitated by the roadblock at $1884 – $1930 (pink). However the $1817 stage has been a vital help, retested a number of instances. Ought to bearish strain persist, ETH may retest the $1817 stage once more or ease on the decrease weekly bullish order block round $1700.  

See also  Ethereum Poised For Breakout? Analyst Pinpoint Key Levels For Monumental Surge

On the upside, ETH bulls may solely achieve an edge in the event that they push above the $1884 – $1930 roadblock. In the event that they handle such a fete, the $2000 would be the subsequent goal for bulls.

Whales offloading a part of their holdings

Supply: CryptoMeter (ETH Whale Trades on 10 August)

In line with CryptoMeter, ETH whales offloaded over $350 million in sell-offs as of press time. It captures the bearish sentiment forward of the July CPI knowledge announcement. If whales proceed shelling the altcoin, a downward transfer in direction of the $1817 might be on the playing cards. 


How a lot are 1,10,100 ETHs price at present? 


Within the meantime, ETH witnessed $3.3 million in whole liquidation within the final 24 hours, in keeping with Coinalyze. Lengthy positions dominated the liquidation worth at >$2.3 million, with shorts solely struggling <$1 million price of wreckage.

The above development reinforces a bearish inclination forward of key inflation knowledge and the weekend. 

Source link

Ethereum Remains Whats
Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

What’s the Real Difference for Beginners?

2025-05-24

Ethereum vs Bitcoin: Difference Between this Cryptocurrencies

2025-02-07

Ethereum Classic (ETC) Price Prediction 2024 2025 2026 2027

2024-11-01

Folks Finance Expands to Ethereum, Avalanche, and Base With xChain Launch

2024-09-24
Add A Comment

Leave A Reply Cancel Reply

Top Posts
Altcoins

Attention ETH traders! Caution may be the word of the day for these reasons

2023-10-07

Bearish sentiment looms as Ethereum’s choices market signifies warning. Declining whale curiosity and community exercise…

Bitcoin

Bitcoin: From $64K to a reversal – What went down for BTC?

2024-02-29

BTC hits $64,000 for the primary time since 2021. Open curiosity is now near $27…

Regulation

US House Republicans Blast Biden Administration’s Attack on the Crypto Ecosystem

2023-03-10

Republicans within the U.S. Home of Representatives are criticizing the White Home, saying the Biden…

Subscribe to Updates

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

About
About

Our mission is to develop a community of people who try to make financially sound decisions. The website strives to educate individuals in making wise choices about Cryptocurrencies, NFT, Metaverse and more.

We're social. Connect with us:

Twitter Instagram
Popular Post

Chinese liquor giant Moutai unveils NFTs linked to liquor bottles

2023-02-06

Why The Uniswap (UNI) Token Is Almost Worthless: Researcher

2023-08-06

How Bitcoin’s hike above $72K changed investors like you

2024-03-14

Get the latest news and Update from Crypto Semantic about Crypto, Metaverse and NFT.

  • Contact
  • Terms & Conditions
  • Privacy Policy
  • DMCA
  • Financial Disclosure
© 2025 cryptosemantic.com. Designed by ProdigitalX.

Type above and press Enter to search. Press Esc to cancel.

  • Kinza Babylon Staked BTCKinza Babylon Staked BTC(KBTC)$83,270.000.00%
  • Vested XORVested XOR(VXOR)$3,404.231,000.00%
  • ICPanda DAOICPanda DAO(PANDA)$0.003106-39.39%
  • bitcoinBitcoin(BTC)$109,008.00-0.17%
  • ethereumEthereum(ETH)$2,562.11-0.42%
  • tetherTether(USDT)$1.000.01%
  • rippleXRP(XRP)$2.35-0.49%
  • binancecoinBNB(BNB)$676.321.06%
  • solanaSolana(SOL)$177.16-2.04%
  • usd-coinUSDC(USDC)$1.000.00%
bitcoin
Bitcoin (BTC) $ 109,005.21
ethereum
Ethereum (ETH) $ 2,559.28
tether
Tether (USDT) $ 1.00
xrp
XRP (XRP) $ 2.35
bnb
BNB (BNB) $ 674.86
solana
Solana (SOL) $ 176.95
usd-coin
USDC (USDC) $ 1.00
dogecoin
Dogecoin (DOGE) $ 0.227985
cardano
Cardano (ADA) $ 0.758979
tron
TRON (TRX) $ 0.270269