Ethereum Price Set to Rise Again, But Will This Level Hold?

Ethereum price started a downside correction from the $2,700 resistance. ETH is now above the $2,550 support and might aim for more gains. Ethereum is aiming for a fresh increase from the $2,550 support. The price is trading below $2,620 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with… Continue reading Ethereum Price Set to Rise Again, But Will This Level Hold?

Ethereum Gains On Bitcoin Following Fed Rate Cut: Altseason Soon?

Ethereum (ETH) price has outshined Bitcoin (BTC) over the last week since the US Federal Reserve (Fed) slashed interest rate by 50 basis points (bps) on September 18, 2024. Ethereum Gains On Bitcoin, Prelude To Altseason? Ethereum has had an impressive last few days as far as its price action is concerned. ETH has surged… Continue reading Ethereum Gains On Bitcoin Following Fed Rate Cut: Altseason Soon?

Ethereum Price Poised for a Comeback: Can It Break $2,700?

Ethereum price is holding gains above the $2,650 resistance. ETH is now consolidating gains and might aim for more gains above $2,700. Ethereum is aiming for more upsides above the $2,700 resistance. The price is trading above $2,620 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with support at $2,620… Continue reading Ethereum Price Poised for a Comeback: Can It Break $2,700?

Ethereum ETFs See Largest Outflows Since July: Is Waning Institutional Demand Hurting ETH?

Ethereum (ETH) exchange-traded funds (ETFs) posted the largest outflows since July 2024, with $79.2 million leaving the market on Monday, according to data from SoSoValue. Ethereum ETFs Continue To Underperform Despite the highly-anticipated and strong start for Ethereum ETFs in July 2024, the latest crypto-based ETFs have, thus far, failed to sustain institutional interest. The… Continue reading Ethereum ETFs See Largest Outflows Since July: Is Waning Institutional Demand Hurting ETH?

Ethereum Price Pullback: Another Chance for Buyers To Load ETH?

Ethereum price extended its increase above the $2,650 resistance. ETH is now correcting gains and might find bids near the $2,600 support. Ethereum is currently correcting gains from the $2,700 resistance. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,600… Continue reading Ethereum Price Pullback: Another Chance for Buyers To Load ETH?

Ethereum Price Breaks $2,600: Is More Upside Ahead?

Ethereum price started a fresh upward move above the $2,500 resistance. ETH is now gaining pace above $2,600 and might continue to rise. Ethereum started another increase from the $2,400 resistance. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,550… Continue reading Ethereum Price Breaks $2,600: Is More Upside Ahead?

Ethereum Poised For A Comeback Following Interest Rate Cut: Steno Research

According to Steno Research, Ethereum’s (ETH) days of underperformance against the wider crypto market might be numbered following the US Federal Reserve’s (Fed) decision to cut interest rates. It’s Time For Ethereum To Shine Again Regarding price appreciation, ETH hasn’t had a particularly impressive 2024. While Bitcoin (BTC) and altcoins like Solana (SOL) and Tron… Continue reading Ethereum Poised For A Comeback Following Interest Rate Cut: Steno Research

Ethereum Price Reaches $2,500 Again: Will The Uptrend Hold?

Ethereum price started a fresh upward move above the $2,420 resistance. ETH traded close to $2,500 and is now consolidating gains. Ethereum started another increase from the $2,320 resistance. The price is trading above $2,400 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,385 on the… Continue reading Ethereum Price Reaches $2,500 Again: Will The Uptrend Hold?

Ethereum Trails Bitcoin, But Bullish Momentum Gains Strength

Ethereum price started a fresh upward move above the $2,335 resistance. ETH is now aiming for more upsides above the $2,420 resistance. Ethereum started another increase from the $2,280 resistance. The price is trading above $2,350 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $2,310 on… Continue reading Ethereum Trails Bitcoin, But Bullish Momentum Gains Strength

Ethereum Price Comeback in Jeopardy: Is a Pullback Coming?

Ethereum price started a recovery wave above the $2,320 resistance. ETH is now struggling to gain pace for a move above the $2,385 resistance. Ethereum started another decline from the $2,385 resistance. The price is trading below $2,350 and the 100-hourly Simple Moving Average. There was a break above a short-term declining channel with resistance… Continue reading Ethereum Price Comeback in Jeopardy: Is a Pullback Coming?