WebApr 9, 2024 · Potential ETH selling pressure Many market participants have speculated that there will be a wave of negative sell pressure on the market as previously locked funds … Web20 hours ago · Key Takeaways. 15% of the ETH supply had been locked until the Shanghai upgrade completed Thursday. There was no extra selling pressure, however, with ETH …
Technical Analysis 101: The Best Technical Indicators for Crypto …
WebMay 11, 2024 · VOLUME PROFILE WITH BUY AND SELL PRESSURE LABEL This volume profile indicator shows volume traded for each bar and is colored according to the difference in buy and sell pressure (DMI). ***HOW TO USE*** If the bar and background is colored green, there is more market buying than selling on that bar. WebApr 11, 2024 · Katie Talati, director of research at crypto-focused asset manager Arca, pointed out that following the upgrade, the withdrawal queue when unstaking is designed to prevent a massive one-day drop. “Therefore, any initial sell pressure from users unstaking will likely be drawn out over a longer period of time,” she told Blockworks. bktothebeach
Crypto Analysts Split on Ether Market Trends After Ethereum’s …
WebMay 18, 2024 · The best-known cryptocurrency has fallen from more than $59,000 per coin to below $44,000 in less than two weeks. Tesla CEO Elon Musk triggered the most recent sell-off after he reversed a... Web3 hours ago · This has also triggered selling pressure, and at the moment, the value of the cryptocurrency has marginally increased to a level of $6.39. Given that the bulls are still in control, the bullish trend is anticipated to continue. On the hourly price chart, the moving average value is at the $6.14 mark. UNI/USD 4-hour price chart. Source: TradingView WebNov 22, 2024 · It is a price level where buying interest is sufficiently strong to overcome selling pressure, providing price stability or upward movement. At a support level, the price is ‘supported’ from falling further by buyers. Support and resistance in crypto. Resistance is the opposite of support. bkt official website