Tag Archives: Ethereum

Ethereum In 2021 Vs. 2024: Fractal Suggests Major Breakout In Q4

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Recent Ethereum price action saw ETH reaching another low of $2,150 on September 6, raising concerns of a more severe drop towards the $2,000 price level. Although these concerns were eased with a subsequent bounce to $2,460 on September 13, Ethereum remains largely in a downtrend, with a triple-bottom price formation now shaping up. Interestingly,… Continue reading Ethereum In 2021 Vs. 2024: Fractal Suggests Major Breakout In Q4→

Triple Bottom Formation: Is Ethereum Set For Major Upswing In Q4?

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The cryptocurrency market, led by the largest cryptocurrencies Bitcoin (BTC) and Ethereum (ETH), surged on Tuesday to levels not seen in over a month in anticipation of the Federal Reserve’s (Fed) imminent announcement of its first interest rate cut since the COVID-19 pandemic. However, despite these expectations or what the outcome of the Fed’s announcement… Continue reading Triple Bottom Formation: Is Ethereum Set For Major Upswing In Q4?→

Ethereum Price Comeback in Jeopardy: Is a Pullback Coming?

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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?→

Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know

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BlackRock’s iShare Bitcoin Trust (IBIT) registered its first daily net inflow in three weeks, leading to US spot Bitcoin exchange-traded-funds (ETFs) witnessing a combined net inflow of $12.8 million, data from Farside Investors confirms. BlackRock’s Spot Bitcoin ETF Attracts Net Inflows, How About Other ETFs? BlackRock forayed into the Bitcoin ETF space when the US… Continue reading Bitcoin ETF By BlackRock Registers First Daily Net Inflow In 3 Weeks: What To Know→

Bearish Signal For Ethereum: Funding Rates Hit New 2024 Lows—Is A Rally Still Possible?

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Ethereum, the second-largest cryptocurrency by market capitalization, is experiencing increasing bearish sentiment in its futures market, according to a recent analysis by CryptoQuant analyst ShayanBTC. The analyst reported on the CryptoQuant QuickTake platform that Ethereum’s futures market has shown its lowest funding rates of 2024. This trend indicates that traders in the perpetual futures market… Continue reading Bearish Signal For Ethereum: Funding Rates Hit New 2024 Lows—Is A Rally Still Possible?→

Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?

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Today’s Ethereum-Bitcoin (ETH/BTC) trading pair slid below 0.04, a level last seen in April 2021. The declining ETH/BTC ratio could have multiple implications for the wider altcoin market. Altcoins Might Suffer Due To Weak Ethereum One of the key indicators to gauge the resiliency of the altcoin market is the ETH/BTC ratio. The ratio essentially… Continue reading Ethereum-Bitcoin Ratio Breaks 0.04 Barrier: Could Altcoins Be At Risk?→

Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally

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Regardless of the Ethereum (ETH) price’s unappealing performance, the latest analysis from top crypto analysts in the space predicts that the asset might be on the verge of a parabolic rise. In a recent post uploaded on X, renowned crypto analyst Javon Marks has laid out an optimistic scenario for Ethereum, suggesting a potential price… Continue reading Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally→

Ethereum Price Struggles to Recover: Short-Term Outlook Weak

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Ethereum price gained bearish momentum and traded below $2,350. ETH is consolidating losses and might struggle to recover above $2,350. Ethereum started another decline below $2,350 and $2,320. The price is trading below $2,310 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,360 on the hourly… Continue reading Ethereum Price Struggles to Recover: Short-Term Outlook Weak→

DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved?

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Decentralized Finance (DeFi) platform Delta Primes suffered a security breach on Monday, affecting the protocol’s users. The attack took $6 million from the project’s pools and is under investigation. However, on-chain investigators suspect it could be linked to North Korean hackers and be part of a larger-scale scheme. Hackers Drain $6 Million From DeFi Protocol… Continue reading DeFi Platform Delta Primes Loses $6 Million In Security Breach, Is North Korea Involved?→

61% Of Ethereum Holders Are Profitable But ETH Bulls Must Hold $2,290

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Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders are upbeat, expecting prices to turn around the corner and soar, even breaking above July highs of around $3,500. 61% Of ETH Holders In The… Continue reading 61% Of Ethereum Holders Are Profitable But ETH Bulls Must Hold $2,290→