Bearish Signal For Ethereum: Funding Rates Hit New 2024 Lows—Is A Rally Still Possible?

Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing increasing bearish sentiment in its futures market, according to a recent analysis by CryptoQuant analyst ShayanBTC. The analyst reported on the CryptoQuant QuickTake platform that Ethereum’s futures market has shown its lowest funding rates of 2024. This trend indicates that traders in the perpetual futures market… Continue reading Bearish Signal For Ethereum: Funding Rates Hit New 2024 Lows—Is A Rally Still Possible?

Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally

Regardless of the Ethereum (ETH) price’s unappealing performance, the latest analysis from top crypto analysts in the space predicts that the asset might be on the verge of a parabolic rise. In a recent post uploaded on X, renowned crypto analyst Javon Marks has laid out an optimistic scenario for Ethereum, suggesting a potential price… Continue reading Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally

61% Of Ethereum Holders Are Profitable But ETH Bulls Must Hold $2,290

Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders are upbeat, expecting prices to turn around the corner and soar, even breaking above July highs of around $3,500. 61% Of ETH Holders In The… Continue reading 61% Of Ethereum Holders Are Profitable But ETH Bulls Must Hold $2,290

Ethereum In Danger: Analyst Explains What Could Trigger Crash To $1,800

An analyst has explained how losing this on-chain demand zone could cause Ethereum to witness a crash to as low as $1,800. Ethereum Is Currently Retesting A Major On-Chain Support Zone In a new cost basis distribution right now, citing data from the market intelligence platform IntoTheBlock. In the above chart, the dots represent the… Continue reading Ethereum In Danger: Analyst Explains What Could Trigger Crash To $1,800

112,000 ETH Moved To Crypto Exchanges In The Past Day — Impact On Ethereum Price?

The Ethereum price has been one of the major talking points in the crypto space lately, having been under significant bearish pressure in recent weeks. However, the second-largest cryptocurrency seems to be on a recovery path following its first positive weekly performance in more than a month. Recent on-chain data shows that significant amounts of… Continue reading 112,000 ETH Moved To Crypto Exchanges In The Past Day — Impact On Ethereum Price?

Ethereum To $4K Again? Analyst Predicts Bull Run As Key Metric Approaches Critical Level

Ethereum appears to have now seen a notable shift in its major metric. Particularly, a recent CryptoQuant analyst, Burak Kesmeci report, highlighted the potential significance of Ethereum’s current funding rates. The analyst pointed out that similar patterns in the past have been followed by substantial price increases, suggesting that Ethereum might be on the verge… Continue reading Ethereum To $4K Again? Analyst Predicts Bull Run As Key Metric Approaches Critical Level

Bullish Signals Emerge For Ethereum: Price Rises Above Downward Trendline And Key MA Levels

The cryptocurrency market is showing tentative signs of recovery, with leading assets like Ethereum (ETH) making modest gains in the past 24-hours. Following a sharp decline that saw ETH’s price plummet to $2,154 last Friday, the digital asset is now nearing the $2,400 mark, sparking optimism among investors. Signs Of An Imminent Breakout To The… Continue reading Bullish Signals Emerge For Ethereum: Price Rises Above Downward Trendline And Key MA Levels

Ethereum In 3 Months: Legendary Analyst Reveals Prediction For December

Much like Bitcoin (BTC), the price of Ethereum (ETH) has been trading significantly sideways lately. Due to this downtrend, a legendary crypto analyst has offered some insights into Ethereum’s price movements, predicting that in the next three months, the pioneer altcoin could see its price hit a bottom.  Ethereum To Hit Price Bottom By December… Continue reading Ethereum In 3 Months: Legendary Analyst Reveals Prediction For December

Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH?

Ethereum, the second-largest cryptocurrency by market capitalization, has been experiencing noteworthy movements in its derivatives markets. Particularly, according to a recent analysis by a CryptoQuant analyst known as ‘Heisenberg,’ the netflow of Ethereum on derivative exchanges has seen a significant negative shift, exceeding 40,000 ETH. Ethereum Derivative Market Outflow: What It Means For ETH Heisenberg… Continue reading Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH?

Ethereum Bullish Signal: Adoption Hits Four-Month High Rate

On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price. Ethereum Network Growth Has Shot Up Recently According to data from the on-chain analytics firm new addresses appearing on the network daily. Naturally, an address is considered to have been used when it made its… Continue reading Ethereum Bullish Signal: Adoption Hits Four-Month High Rate