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Ethereum is steady at press time, as is visible in the daily chart. Even though prices are floating above $2,500, ETH bulls are still weak. The coin remains inside the bear bar of August 27, technically inside a bear formation. From price action, it would take effort for bulls to take charge in the short… Continue reading Ethereum Will Remain Bearish Until This Key Trading Reading Changes
Amid Ethereum’s continuous free fall in price, renowned crypto analyst Michael Van De Poppe highlighted the asset’s current weakness in a post on X earlier today and when there could be a potential rebound. Van De Poppe’s outlook comes at a time when Ethereum, the second-largest cryptocurrency by market capitalization, has continued to experience significant downward pressure,… Continue reading Ethereum Falls Below $2,500: Analysts Eye Potential Rebound At These Levels
Ethereum is in a classic accumulation phase following its recent correction and is now targeting a $3,000 price. After dropping to $2,116 just 20 days ago, ETH experienced a significant price surge, recovering to higher levels, suggesting bullish momentum was building. This accumulation phase has drawn the attention of analysts and investors alike, who are… Continue reading Ethereum (ETH) Eyes $3,000: Data Suggests Imminent Breakout
Ethereum price action going forward. The analyst predict that the second largest crypto token by market cap will still rise to $3,000 but noted that a crash will happen first. Ethereum To Rise To $3,000 Soon Enough In an X (formerly Twitter) post, CrediBULL Crypto shared a chart that showed that Ethereum would rise to… Continue reading Crypto Pundit Predicts Ethereum Price Rise To $3,000, But A Crash Could Happen First
Following affirmative comments of an impending rate cut by US Federal Reserve Chairman Jerome Powell, Ethereum (ETH) alongside other crypto assets experienced a rapid price gain with the total crypto market cap rising by 6% on Friday. The price of Ethereum in particular moved upward by 6.38% to nearly breach the $2800 price mark. However,… Continue reading Ethereum Foundation Transfers 94 Million ETH – Price Rally To Stall?
Ethereum, similar to most altcoins, is under significant selling pressure, struggling to shake off the weakness of early August. Even though there were flashes of strength after the climactic sell-off on August 5, prices are still below $2,800. The only positive for now, at least looking at the daily chart, is the impressive bulls’ resilience.… Continue reading Ethereum Analyst: Bulls Must Hold $2,500, Spot ETF To Catalyze Demand
Ethereum is struggling for momentum and remains under immense selling pressure. As of writing, the second most valuable coin is inside a narrow range, trending within the $2,100 on the lower end and $2,800 on the upper end. The local resistance level could mark the start of an impressive leg up, relieving the coin of… Continue reading Ethereum Is Flat, and Whales Selling: More Pain to Follow?
The worst looks to be over for Ethereum (ETH), as certain metrics suggest that the bottom is already in for the second-largest crypto by market cap. Based on this, ETH looks to be headed for a new all-time high (ATH), surging past its current ATH of $4,800. Ethereum MVRV Shows Bottom Is In Data from… Continue reading Ethereum Metrics Turn Positive: Can This Drive A New ATH Above $5,000?
As the cryptocurrency market continues to navigate a mixed period of price stagnation and volatility with no clear path forward, all eyes are on the highly anticipated Pectra upgrade for the Ethereum (ETH) network. Scheduled for the first quarter of 2025, this major upgrade is gaining significant attention from bullish analysts who believe it could… Continue reading Pectra Upgrade On Ethereum: Will It Be The Catalyst To Break Above All-Time Highs?
Ethereum, the second largest cryptocurrency by market cap has been experiencing a prolonged period of price correction, leaving investors and traders questioning when the crypto asset will regain its upward momentum. As a result, an analyst from CryptoQuant has stage for a bullish turn. Metrics Signalling End Of The Slump According to the post by… Continue reading Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn