Tag Archives: ethereum price

Ethereum Enters Oversold Territory, Can The Pump Send It To $6,000?

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Recent developments show that second-largest crypto by market cap, as it looks set for a price rally that could send it as high as $6,000.  ETH Ready For Liftoff Having Entered Oversold Territory relative strength index (RSI) is in or near oversold territory on the 3-day chart.  While it remains to be seen whether it… Continue reading Ethereum Enters Oversold Territory, Can The Pump Send It To $6,000?→

Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH?

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Ethereum is trading near its yearly low of $2,400 after an 18% drop from local highs. ETH has notably underperformed compared to Bitcoin and other altcoins like Solana this cycle, leading to investor concerns.  One of the key reasons for this underperformance is the lack of enthusiasm surrounding Ethereum ETFs. Metrics from these funds show… Continue reading Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH?→

What Was Behind The Bitcoin And Ethereum Price Crash?

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Bitcoin (BTC) and Ethereum (ETH) have started September in the red, having already suffered price declines since the beginning of the month. This bearish sentiment towards the foremost cryptocurrencies and, by extension, the broader crypto market is due to several macroeconomic factors. Market Still Feeling The Effects Of The Yen Carry Trade Recent developments suggest… Continue reading What Was Behind The Bitcoin And Ethereum Price Crash?→

Road To $5,000: Ethereum Maintains Similarities With 2016 Price Movements

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The Ethereum price action has significantly underperformed traders’ expectations over the past few months. Ethereum is currently trapped in a bearish trend, with its price now down by 23% over a 30-day period. This downturn contrasts sharply with the hopes of many ETH investors who have been anticipating a bullish surge following the launch of… Continue reading Road To $5,000: Ethereum Maintains Similarities With 2016 Price Movements→

Ethereum Will Remain Bearish Until This Key Trading Reading Changes

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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→

Expert Warns Ethereum Faces A ‘Slow And Painful Death’: Here’s Why

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Joe Consorti, an analyst at The Bitcoin Layer and advisor to self-custody app Theya, released an incisive critique on the future of Ethereum in comparison to Bitcoin, shedding light on why he believes Ethereum is facing a “slow and painful death.” Published on X, his analysis titled “The Slow & Painful Death of Ethereum” compares… Continue reading Expert Warns Ethereum Faces A ‘Slow And Painful Death’: Here’s Why→

Ethereum (ETH) Eyes $3,000: Data Suggests Imminent Breakout

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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→

Crypto Pundit Predicts Ethereum Price Rise To $3,000, But A Crash Could Happen First

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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→

Ethereum Analyst: Bulls Must Hold $2,500, Spot ETF To Catalyze Demand

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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 Flat, and Whales Selling: More Pain to Follow?

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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?→