Tag Archives: ETH

Ethereum At A Crossroads: Big Move Coming After Consolidation Phase?

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Ethereum, the second-largest cryptocurrency by market capitalization, is currently at a critical juncture as its price enters a consolidation phase. This period of price stability, marked by a narrow trading range, has left traders and investors in a state of uncertainty.  With Ethereum’s price hovering around key support and resistance levels, market participants are closely… Continue reading Ethereum At A Crossroads: Big Move Coming After Consolidation Phase?→

Double-Whammy For Ethereum: Price Collapses, Exchange Supply Dries Up

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The winds of change are blowing through the Ethereum (ETH) ecosystem. Despite tentative signs of recovery after recent dips, the price has struggled to stay afloat in the last 30 days. Additionally, a more intriguing trend has emerged: a mass exodus of ETH from cryptocurrency exchanges. This movement, marked by declining exchange supply and net… Continue reading Double-Whammy For Ethereum: Price Collapses, Exchange Supply Dries Up→

Ethereum Price Struggle: Reaching Resistance, Facing Challenges

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Ethereum price climbed higher above $3,500 but struggled near $3,580. ETH must clear the $3,650 resistance to move further into a positive zone. Ethereum is consolidating gains below the $3,650 resistance zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with resistance near $3,585… Continue reading Ethereum Price Struggle: Reaching Resistance, Facing Challenges→

Solana Down 40% But Analyst Says Now’s The Time To Buy SOL

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Solana, one of the top altcoins, trailing Ethereum and the BNB Chain, has not been spared in the recent correction. After rallying to as high as $210 in Q1 2024, the coin is now sliding, facing strong headwinds, plunging, and following the performance posted by Bitcoin and Ethereum. Is This The Best Time To Buy… Continue reading Solana Down 40% But Analyst Says Now’s The Time To Buy SOL→

Ethereum Price To Hit $10,000, ‘Just The Way The Chips Have Fallen,’ Analyst Says

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Crypto analyst and trader Tyler Durden has revealed his bullish sentiment towards Ethereum (ETH). The analyst suggested that the ETH rise was inevitable and that it was better for traders to go with the tide.  Ethereum Is Set To Rise To $10,000 Durden mentioned in an X (formerly Twitter) post that Ethereum to $10,000 is… Continue reading Ethereum Price To Hit $10,000, ‘Just The Way The Chips Have Fallen,’ Analyst Says→

Ethereum Outperforms Bitcoin: Jumps Amid Market Divergence

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Ethereum price started a fresh increase from the $3,350 support zone. ETH is outperforming Bitcoin and might rise further toward the $3,650 resistance. Ethereum is gaining pace from the key $3,365 support 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… Continue reading Ethereum Outperforms Bitcoin: Jumps Amid Market Divergence→

Is Ethereum Poised For A Record Break? Top Analyst Says $5K is Coming Soon – Here’s Why

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Prominent crypto analyst Jelle has projected Ethereum (ETH) to surge to $5,000 by the end of this year. This prediction comes with a notable reason from a technical perspective. Ethereum Rally: Setting the Stage For New Peaks Jelle’s forecast comes after Ethereum is experiencing a form of stabilization above the $3,500 mark, following a correction… Continue reading Is Ethereum Poised For A Record Break? Top Analyst Says $5K is Coming Soon – Here’s Why→

Ethereum Price Support Retest: Is a Double Bottom Pattern Emerging?

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Ethereum price declined again and retested the $3,365 support zone. ETH could start a fresh increase toward $3,700 if it stays above $3,365. Ethereum is still holding the key $3,365 support zone. The price is trading below $3,550 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance near… Continue reading Ethereum Price Support Retest: Is a Double Bottom Pattern Emerging?→

ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program

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ZkSync, the Ethereum Zero-Knowledge Layer-2 scaling solution, has been in the spotlight for its new token. Last week, the project’s announcement of its ZK token airdrop was met with backlash from investors and the crypto community. Following the backlash, crypto exchange Binance announced it would list ZK and offered a new distribution program to address… Continue reading ZkSync (ZK) Drops 20% Amid Binance Listing And New Token Distribution Program→

CoinShares: Altcoins Defy Trends As Bitcoin Faces $600M in Outflows – What’s Next?

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The Bitcoin market has witnessed significant shifts recently, influenced by macroeconomic factors and changing investor sentiments. Last week, digital asset investment products saw substantial outflows, which CoinShares attributed to several key economic updates. These included the release of US CPI data, the Federal Open Market Committee (FOMC) meeting, and Producer Price Index (PPI) figures. These… Continue reading CoinShares: Altcoins Defy Trends As Bitcoin Faces $600M in Outflows – What’s Next?→