Ethereum “Has Been A Major Disappointment”: Trader Weights In On This Crypto Cycle

This crypto cycle achieved some remarkable feats during Q1 2024, including the highest monthly and quarterly close in Bitcoin (BTC) history. However, BTC suffered a retrace that dragged Ethereum (ETH) and the rest of the crypto market down as the year’s second quarter started. Now that we are one month into Q2, the market faces… Continue reading Ethereum “Has Been A Major Disappointment”: Trader Weights In On This Crypto Cycle

Ethereum Price Revisits Key Support, Can Bears Take Over?

Ethereum price started another decline and traded below $2,920. ETH could gain bearish momentum if there is a close below the $2,800 support zone. Ethereum remained in a bearish zone and traded below the $2,900 zone. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line… Continue reading Ethereum Price Revisits Key Support, Can Bears Take Over?

Ethereum Price Plunges Over 5%, Can Bears Push ETH Under $2,800?

Ethereum price started another decline and traded below $3,000. ETH must stay above the $2,800 and $2,850 support levels to avoid a major drop. Ethereum started another decline and tested the $2,900 zone. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance… Continue reading Ethereum Price Plunges Over 5%, Can Bears Push ETH Under $2,800?

Ethereum Price Prediction: Crypto Expert Says ETH Is Yet To Bottom Against Bitcoin

A crypto analyst has predicted when Ethereum, the world’s second-largest cryptocurrency, will bottom against Bitcoin, however, under certain conditions.  Analyst Predicts ETH/BTC Bottom Timeline In a recent X (formerly Twitter) post, crypto analyst and founder of ITC Crypto, Benjamin Cowen, shared his forecast regarding the Ethereum to Bitcoin price ratio, projecting the timeline for when… Continue reading Ethereum Price Prediction: Crypto Expert Says ETH Is Yet To Bottom Against Bitcoin

Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $3.5K

Ethereum price struggled to recover above $3,350 and corrected gains. ETH is consolidating near $3,200 and facing many hurdles. Ethereum started another decline and tested the $3,120 zone. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $3,170 on the hourly chart… Continue reading Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $3.5K

EigenLayer Makes A Big Splash With EIGEN Token Launch And Major Airdrop Plan, Get The Full Scoop!

EigenLayer, a decentralized restaking protocol built on Ethereum (ETH), has made significant announcements, paving the way for new developments within the crypto ecosystem.  The protocol unveiled its native token, EIGEN, which the newly formed Eigen Foundation will distribute. Alongside this, EigenLayer introduced a major plan for an airdrop and released a comprehensive new Whitepaper. EigenLayer… Continue reading EigenLayer Makes A Big Splash With EIGEN Token Launch And Major Airdrop Plan, Get The Full Scoop!

Ethereum Flashes Bullish Signals, Can It Rally 50% From Here?

The second-largest crypto token by market cap, trend reversal for the crypto token, which has several bullish signals on its chart.  Ethereum Has A Bullish Chart Crypto analyst Derek revealed in an X (formerly Twitter) Ethereum Dominance chart, which has confirmed three bottoms and gave a strong rebound.  The analyst explained that “leading a rebound… Continue reading Ethereum Flashes Bullish Signals, Can It Rally 50% From Here?

Ethereum Fees Dive: Will This Spark A Surge In Network Activity?

Ethereum, the world’s second-largest cryptocurrency by market capitalization, has seen a dramatic drop in transaction fees, according to a recent analysis by Santiment, a prominent crypto analytics platform. The report indicates that the average Ethereum transaction fee has plunged to a mere $1.12, marking the lowest daily average cost since October 18th, 2023. Ethereum Transaction… Continue reading Ethereum Fees Dive: Will This Spark A Surge In Network Activity?

Ethereum Price Reverse Gains, Can ETH Bulls Save The Day?

Ethereum price rallied above the $3,300 level. ETH tested the $3,350 resistance and recently started a sharp decline below $3,300. Ethereum rallied toward $3,350 before the bears appeared again. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,250… Continue reading Ethereum Price Reverse Gains, Can ETH Bulls Save The Day?

Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead

In a controversial Layer 1 (L1) tokens, which the news outlet defines as crypto assets with substantial valuations but “limited utility beyond speculative trading.”  These cryptocurrencies and projects include Ripple, XRP, Ethereum Classic (ETC), Tezos (XTZ), Algorand (ALGO), and Cardano (ADA), among others.  XRP And Ethereum Classic In The Spotlight Ripple Labs, the company behind… Continue reading Forbes Unveils 20 Crypto ‘Zombies,’ Declares Ripple And XRP Among The Undead