Tag Archives: ETH

Ethereum Price Bounces Back Yet Lacks Strong Bullish Drive

Posted on by — No Comments ↓

Ethereum price is attempting a fresh increase above the $3,450 resistance zone. ETH must settle above $3,550 to continue higher in the near term. Ethereum slowly moved higher above the $3,450 zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with… Continue reading Ethereum Price Bounces Back Yet Lacks Strong Bullish Drive→

Ethereum’s Breakout Moment: Is a $7,500 Target Achievable? Experts Weigh In

Posted on by — No Comments ↓

Despite Ethereum’s recent lackluster performance, Glassnode Co-founders, under the name ‘Negentrophic’ on Elon Musk’s X social platform, assert that ETH’s potential has yet to be fully realized. Analyzing historical data and market patterns similar to those in early 2021, Negentrophic predicts that Ethereum could reach a high of $7,500, a forecast based on current market… Continue reading Ethereum’s Breakout Moment: Is a $7,500 Target Achievable? Experts Weigh In→

Crypto Trader Says He’s ‘Extremely Long’ On Ethereum, Undeterred By Crash Below $3,400

Posted on by — No Comments ↓

Crypto trader Duncan has explained why he is “extremely long” on Ethereum (ETH) despite the crypto token’s recent drop to around $3,400. He emphasized the Spot Ethereum ETFs, which he believes could spark a significant rally for ETH. A ‘Significant Upside Repricing’ Could Be On The Horizon ForTHEEthereum Duncan mentioned in an X (formerly Twitter)… Continue reading Crypto Trader Says He’s ‘Extremely Long’ On Ethereum, Undeterred By Crash Below $3,400→

Don’t Sweat The Dip! Ethereum 15% Price Slump Could Spark Epic Comeback — Analyst

Posted on by — No Comments ↓

Ethereum, the second-largest cryptocurrency by market capitalization, has experienced a significant decline in value recently. Over the past month, its price has dropped by 15%, leading to concerns among investors about the future of this digital asset. The current situation raises questions about whether this downturn signals a prolonged decline or if it is merely… Continue reading Don’t Sweat The Dip! Ethereum 15% Price Slump Could Spark Epic Comeback — Analyst→

Is Ethereum About To Take Off? Analysts Weigh In Amid ETF Approval Date Rumors

Posted on by — No Comments ↓

Ethereum (ETH)’s struggles to regain the last cycle’s heights have brewed a bearish sentiment among some sectors of the crypto community. Its performance during Q2 has seemingly continued to fuel the sentiment. However, with rumors of an ETH ETF (Exchange-Traded Fund) approval being around the corner, analysts believe the ‘King of Altcoins’ is about to… Continue reading Is Ethereum About To Take Off? Analysts Weigh In Amid ETF Approval Date Rumors→

Ethereum Price Hints at Upside: Analyzing The Bullish Signals

Posted on by — No Comments ↓

Ethereum price is attempting a fresh increase above the $3,420 resistance zone. ETH is now struggling to clear the $3,480 and $3,520 resistance levels. Ethereum slowly moved higher above the $3,420 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with… Continue reading Ethereum Price Hints at Upside: Analyzing The Bullish Signals→

Ethereum Price Roadblocks: What’s Hindering A Fresh Increase?

Posted on by — No Comments ↓

Ethereum price struggled to recover above the $3,420 resistance zone. ETH is consolidating and might decline again if there is a move below $3,320. Ethereum is struggling to gain pace for a move above the $3,420 zone. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There is a connecting bearish trend… Continue reading Ethereum Price Roadblocks: What’s Hindering A Fresh Increase?→

Ethereum Price Tied To BitMEX Whales: Quant Uncovers Link

Posted on by — No Comments ↓

A quant has pointed out how the trends in the BitMEX exchange reserve have affected the Ethereum price during the past few years. BitMEX Ethereum Whales Have Shown Smart Money Behavior In Recent Years In a CryptoQuant Quicktake exchange reserve” here refers to an on-chain metric that keeps track of the total amount of Ethereum… Continue reading Ethereum Price Tied To BitMEX Whales: Quant Uncovers Link→

Bitwise CIO Expects $15 Billion To Flow Into Spot Ethereum ETFs, How Will ETH React?

Posted on by — No Comments ↓

Bitwise’s Chief Investment Officer (CIO) Matt Hougan recently discussed the inflows the US Spot Ethereum ETFs could attract. Specifically, he stated how much could flow into these funds in their first 18 months of trading.  Spot Ethereum ETFs To Record $15 Billion In First 18 Months Of Trading Hougan mentioned in a Bitcoin and Ethereum… Continue reading Bitwise CIO Expects $15 Billion To Flow Into Spot Ethereum ETFs, How Will ETH React?→

Spot Bitcoin ETFs See 7 Consecutive Days Of Outflows, Here’s What Happened Last Time

Posted on by — No Comments ↓

Spot Bitcoin ETFs have entered another disturbing trend, recording outflows for one week straight. These outflows have coincided with the decline in the Bitcoin price, suggesting that the sell-offs may be directly linked to institutional sell-offs, as well as miner sell-offs. The funds have now completed seven consecutive days of outflows, so this report takes… Continue reading Spot Bitcoin ETFs See 7 Consecutive Days Of Outflows, Here’s What Happened Last Time→