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Ethereum [ETH] could be set for another round of explosion, only if…

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ETH’s short-term recovery could depend on the USD and interest rates trend. Technical indicators suggest short-term consolidation. The first few days of March have failed to give Ethereum [ETH] holders a much-desired breather. Despite the reality of despair, any hope for respite could depend on one condition, according to Chris Burniske. The ex-crypto investment head […]

Recall that the first two months of the year brought glaring greens to the market, with the top two cryptocurrencies earning gains for their holders.in February had initially triggered reds in the market. But ETH, led by BTC ensured that the drawdown only lasted a few hours. So, does the ETH technical outlook appear encouraging yet?

Meanwhile, the lower part of the Bollinger Bands which measures an asset’s volatile condition was at par with the ETH price.

 

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Ethereum [ETH] traders embrace higher leverage to boost earningsETH’s latest liquidations indicate a bullish bias among investors. The king alt is back to uncertainty amid a fall in demand and sell press pressure. ETH is experiencing a surge in leverage trades following the volatility and demand slowdown since early February. A contrast to its performance in January, but recent observations suggest an increased […]
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