Ethereum Technical Analysis: ETH Faces Pivotal Resistance

On Sept. 9, 2024, ethereum’s price hovers at $2,309 as it struggles to break free from a strong downtrend, observed across multiple timeframes. The market reflects uncertainty, with oscillators showing mixed signals and moving averages signaling a bearish outlook. While there are signs of accumulation near current support levels, the broader market environment demands caution … Read more

Bitcoin Technical Analysis: Path to $58K Blocked by Heavy Resistance at $56,000

On September 9, 2024, bitcoin is trading for $55,321, rebounding from recent lows but facing strong resistance around the $56,000 mark. Oscillators and moving averages present a mixed picture, with signals split between sell and buy actions. Bitcoin Bitcoin’s price saw a short-term recovery, rising from a low of $53,636 on September 8 to $55,614. … Read more

Graph Foundation Director: BTC Rally Fails to Rekindle Investor Interest in Crypto Startups

According to a director of a non-profit organization, investors’ growing interest in artificial intelligence (AI) may be diverting funds away from crypto startups. The director suggested that the diminished investor interest, even with a rising crypto market, supports this assertion. The director said the diminished interest could be due to a lack of awareness about … Read more