Tag Archives: Ethereum

Ethereum Faces Network Shakeup: These Key Trends Point to Market Shifts

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Ethereum, the second-largest cryptocurrency by market cap, has recently shown signs of a shifting market sentiment and momentum, according to an analysis by a CryptoQuant analyst named Percival. The analyst disclosed that various market conditions and technological developments have impacted Ethereum’s momentum and have led to mixed views on its future growth trajectory. Ethereum’s Market… Continue reading Ethereum Faces Network Shakeup: These Key Trends Point to Market Shifts→

EigenLayer Founder Reiterates Support For Ethereum, Why Is ETH Struggling?

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Despite scalability and high gas fees facing Ethereum, the founder of EigenLayer, a liquidity restaking platform, insists the network is superior, especially against Solana. Solana is the third most valuable smart contracts platform, trailing Ethereum and the BNB Chain. Over the years since launching, it has been gulping up more market share from Ethereum, cementing… Continue reading EigenLayer Founder Reiterates Support For Ethereum, Why Is ETH Struggling?→

Ethereum Price Trims Gains: Is the Rally Losing Steam?

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Ethereum price is correcting gains from the $2,720 resistance. ETH is now trading below $2,650 and might find bids near the $2,600 level. Ethereum started a downside correction from the $2,720 zone. The price is trading below $2,650 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at… Continue reading Ethereum Price Trims Gains: Is the Rally Losing Steam?→

ETH Rally Pushes Profitability To Nearly 70%: More To Come This Week?

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Ethereum’s movement last week was full of mixed signals as Spot Ethereum ETFs started to witness good inflows. Notably, ETH has been on a rally since the middle of September, reflecting a 25% gain from the September 6 low of $2,171 as it crossed $2,715 on September 27.  This rally and the well-anticipated inflows in… Continue reading ETH Rally Pushes Profitability To Nearly 70%: More To Come This Week?→

Ethereum Taker Buy/Sell Ratio Is Rising Again — What It Means For ETH Price

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The Ethereum price recovery has been quite impressive in recent weeks, and an analyst has suggested that this might only be the beginning of a good run for the altcoin. Is The Ethereum Market Preparing For A Rally? A pseudonymous analyst has shared — via a CryptoQuant Quicktake post — an interesting on-chain insight into… Continue reading Ethereum Taker Buy/Sell Ratio Is Rising Again — What It Means For ETH Price→

Grayscale’s Bullish Forecast: The Top 20 Crypto To Watch In Q4

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Crypto asset manager Grayscale has published an in-depth report outlining sectors poised for bullish growth in the final quarter of the year amid a notable recovery in the cryptocurrency market, particularly for major players such as Bitcoin (BTC) and various altcoins, which have reached price levels not seen in over two months. Grayscale Highlights Key… Continue reading Grayscale’s Bullish Forecast: The Top 20 Crypto To Watch In Q4→

Ethereum Sees 43% Crash In Active Addresses, What’s Going On?

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The market sentiment towards Ethereum (ETH) has recent price volatility. This negative sentiment is evident in Ethereum’s new active addresses, having crashed by a whopping 43%, underscoring reduced network activity and investor confidence.  New Active Addresses On Ethereum Decline Ethereum’s network activity, as the number of new active addresses has seen a sharp unexpected decline… Continue reading Ethereum Sees 43% Crash In Active Addresses, What’s Going On?→

Ethereum: Analyst Sets $2,820 As ETH’s Next Key Level to Watch, Here’s Why

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Following the market’s recent pump, the leading cryptocurrencies have seen a remarkable performance. Bitcoin is trading above the $64,000 mark, while Ethereum (ETH) has surged 9% in the last week to consolidate above a key support level. Despite the bullish sentiment, some crypto investors remain cautious about ETH’s performance as the second-largest cryptocurrency faces the… Continue reading Ethereum: Analyst Sets $2,820 As ETH’s Next Key Level to Watch, Here’s Why→

Altcoin Market Cap Surges Past 200-Day EMA: Is Altseason Finally Here?

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Several indicators point to renewed strength in altcoins, suggesting a potential altcoin season on the horizon. However, for confirmation, Bitcoin (BTC) dominance needs to drop further. Altcoin Market Cap Crosses 200-Day EMA Crypto analysts are closely monitoring various indicators that track altcoin behavior, with one critical metric being the 200-day exponential moving average (EMA). According… Continue reading Altcoin Market Cap Surges Past 200-Day EMA: Is Altseason Finally Here?→

Ethereum Price Eyes Bitcoin’s Lead: Can It Climb to a New Weekly High?

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Ethereum price is eyeing a fresh increase like Bitcoin. ETH must surpass $2,665 to continue higher and trade to a new high in the near term. Ethereum is aiming for a fresh increase above the $2,665 level. The price is trading above $2,620 and the 100-hourly Simple Moving Average. There was a break above a… Continue reading Ethereum Price Eyes Bitcoin’s Lead: Can It Climb to a New Weekly High?→