Today news
About the same in other media
What will it take for Ethereum to breakout above $5000
Reading now: 514
The top altcoin, Ethereum, has rallied and achieved new highs over the last couple of days. The broader sentiment for the coin remains bullish. In a way, greed has been dominating the minds of market participants. However, it should be noted that the altcoin has gradually started shedding value on its price chart.
After losing 1.4% of its value in the past 24-hours, Ethereum was seen trading at $4.72k, at the time of writing. Now, this downtrend comes at a critical juncture. Since Ethereum has successive options expiries lined up over the next three days.
As per data from Skew, over 165.3k ETH are set to expire in three batches this week, starting today – 10 November.
Source: Skew
Well, Skew’s OI by strike price chart instinctively suggested
Read more on ambcrypto.comAbout this in other media
What will highly active Bitcoin whales, stir up for the king coin over the next week ambcrypto.com /3 years ago
Cardano leads weekly inflows, but what’s next for investors ambcrypto.com /3 years ago
COMP’s incentive crisis and what lies ahead for alt’s price ambcrypto.com /3 years ago
Show more
The website finance-news.co is an aggregator of news from open sources. The source is indicated at the beginning and at the end of the announcement. You can send a complaint on the news if you find it unreliable.
