Argin Chronicles
Despite recent drops in the global market cap, ETH’s dominance still stands at 18%. The price is up 2% today but looks indecisive on the daily. A double-top pattern spotted on the daily chart may trigger huge drops in the future. ETH’s bullish trajectory remains intact on the short-term perspective. However, the buying pressure appears […]
Ethereum network fees have experienced a prominent increase, coming to $5.72 per transaction, denoting the highest point since July 2023. On-chain analytics provider Santiment attributes this rise to Ethereum’s new surge beyond $2,000 and a concurrent increase in network activity. Despite the increase, transaction fees are considered reasonable when contrasted with the peak average fee […]
With an 8% surge in the last 24 hours, Ethereum’s dominance increased to $17.3% as the global crypto market added $200 billion in a week. It currently looks bullish but is still trapped in a daily descending channel. Ethereum was trading as low as $1,522 a few days ago after retracing from $1,751 on October […]
Ethereum encountered resistance earlier this month and resumed bearish after failing to climb above the $1,750 level during last month’s recovery. It initiated a fresh drop this week and lost 2% in the past hours. ETH seems technically back in the woods after witnessing a small increase in the past month. It attempted to cross […]
Ethereum resumed a downtrend this month following a three-week recovery from a key support level. The price fell slightly below this support after shedding a 12% loss since the start of the month. After rising to the $1,751 level as a retest of August’s breakdown, Ethereum saw a rejection there and the price fell throughout […]