Ethereum rally

Crypto Analyst Explains What Could Trigger Ethereum Rally To $6,000

Posted on January 11, 2025 by ante — No Comments ↓

An analyst has revealed what may need to happen for Ethereum to rally toward the $6,000 mark, based on a pattern currently forming in its price. Ethereum Has Appeared To Be Moving Inside An Ascending Channel Recently In a new Ascending Channel” from technical analysis (TA). Parallel Channels form when the price of an asset consolidates… Continue reading Crypto Analyst Explains What Could Trigger Ethereum Rally To $6,000→

Ethereum Weekly Volume Hits $60 Billion As ETH Aims For Yearly Highs

Posted on November 12, 2024 by ante — No Comments ↓

Ethereum has staged an impressive 35% rally since last Tuesday, marking a bullish breakout as it tests crucial supply levels for the first time since late July. Investor sentiment is increasingly optimistic, driven by a surge in Ethereum’s on-chain activity. Key data from IntoTheBlock reveals that transaction volume on Ethereum’s mainnet has reached its highest… Continue reading Ethereum Weekly Volume Hits $60 Billion As ETH Aims For Yearly Highs→

Ethereum Analyst Shares Correlation With S&P500 – Last Dip Before It Hits $10,000?

Posted on November 6, 2024 by ante — No Comments ↓

Ethereum (ETH) stands at a critical turning point, with opinions split on its future performance this cycle. Some analysts argue that ETH will continue to lag, possibly underperforming against other assets like Bitcoin, which has shown strong momentum. However, others are optimistic, believing Ethereum is poised for an aggressive rally, especially if it can establish… Continue reading Ethereum Analyst Shares Correlation With S&P500 – Last Dip Before It Hits $10,000?→

Ethereum Risk-To-Reward Ratio Is ‘Too Good To Pass Up’ – Top Analyst Sets $6,000 Target

Posted on November 5, 2024 by ante — No Comments ↓

Ethereum is trading at a critical demand level following an 11% pullback from recent local highs. This dip has analysts and investors on edge, as losing this level could trigger a wave of aggressive sell-offs, potentially driving ETH prices lower. Amid this concern, however, prominent analyst Ali Martinez has shared an optimistic technical analysis, highlighting… Continue reading Ethereum Risk-To-Reward Ratio Is ‘Too Good To Pass Up’ – Top Analyst Sets $6,000 Target→

Ethereum Could Push To $6,000 If This Pattern Holds, Analyst Says

Posted on October 15, 2024 by ante — No Comments ↓

An analyst has explained how Ethereum could see a run toward the $6,000 level if this historical pattern continues to hold for the asset’s price. Ethereum Ascending Channel Could Reveal Its Next Destination In a new post on X, analyst Ali Martinez has discussed a pattern that the 1-week price of Ethereum has potentially been… Continue reading Ethereum Could Push To $6,000 If This Pattern Holds, Analyst Says→

Ethereum To See Fresh Move Soon? What Futures Data Says

Posted on April 23, 2024 by ante — No Comments ↓

Data shows the Ethereum Open Interest has been trading at relatively low levels recently. Here’s what this could mean for the asset’s price. Ethereum Open Interest Has Been Moving Sideways Since Its Plunge As explained by an analyst in a CryptoQuant Quicktake Open Interest” here refers to the total number of derivative-related contracts open for… Continue reading Ethereum To See Fresh Move Soon? What Futures Data Says→