Ethereum Weekly (1/27/22)

Ethereum (ETH) had its third-straight green candle week gaining just over $50 which is smaller than the previous weeks but positive nonetheless. Current momentum looks set to meet a resistance level of just under $1,650 and it will be interesting to see if the second-largest cryptocurrency can break through the next barrier. If not, ETH could go the other way and test the current floor level sitting right around $1,500.

cryptomasterminer's Recent Blog Posts

Ethereum (ETH) held up pretty well following the release of GDP data in the United States compared to other assets and asset classes. The second-largest cryptocurrency continues to stay above the $1,…
1 year ago
While I Finally Read the Bitcoin Whitepaper back in April of this year, I've taken even longer to read Vitalik Buterin's 2013 vision of what crypto could be after reviewing Satoshi Nakamoto…
1 year ago
"Here comes Santa Claus, here comes Santa Claus"... Well maybe not! With a "Santa Rally" off the table it is hard to imagine how much worse things can get. Bitcoin (BTC) has a…
1 year ago
Ethereum (ETH) like most "risk" assets did not react well to the Federal Reserve's statements and findings which can be found in my article Fed Raises Interest Rate Half Percent - What…
1 year ago
The Federal Reserve on Wednesday raised the interest rate a half a point matching most analyst expectations. The increase is lower than the 75-point basis the agency has raised rates in the last four…
1 year ago