Tag Archives: Ethereum

Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction

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Ethereum (ETH) has been struggling with a significant downturn recently, leaving the asset deep in the red. Over the past week, Ethereum has recorded a 9.2% decline in value, reflecting broader market weakness. However, the past 24 hours have brought a slight change in momentum, with ETH seeing a 3.2% increase in price. Though this… Continue reading Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction→

Crypto Investor Loses $16 Million Amid Friend.tech’s Controversy And Token Crash

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Crypto social media platform Friend.tech faced backlash after a controversial decision by its team. The platform’s native token, FRIEND, plummeted over 42%, reaching its all-time low (ATL) price amid the controversy. As a result, an Ethereum (ETH) whale saw its investment in the token drop by over 95%. Friend.tech Loses Investors’ Trust Over the weekend,… Continue reading Crypto Investor Loses $16 Million Amid Friend.tech’s Controversy And Token Crash→

Ethereum Price Recovers Higher But Lacks Bullish Drive To Test $2,500

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Ethereum price is attempting a recovery wave above $2,320. ETH might struggle to gain pace for a move toward the $2,500 resistance zone. Ethereum is attempting a recovery wave above the $2,250 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support… Continue reading Ethereum Price Recovers Higher But Lacks Bullish Drive To Test $2,500→

Vitalik Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum

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Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Transactions are part of a broader trend that has seen wallets associated with Buterin and the Ethereum Foundation actively… Continue reading Vitalik Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum→

Ethereum Forms Falling Wedge Pattern That Could Send Price To $3,000

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Ethereum is still one of the worst-performer of the top largest cryptocurrencies by market cap despite being incredibly popular. This bearish movement has seen an increasing number of investors being moved into the red as the price drops. If this continues, then the ETH price could fall below $2,000 again. But there is still a… Continue reading Ethereum Forms Falling Wedge Pattern That Could Send Price To $3,000→

Ethereum Price Recovery May Stall Near 100-SMA: Is a Drop Coming?

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Ethereum price is attempting a recovery wave above $2,280. ETH must clear the $2,360 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,150 zone. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with… Continue reading Ethereum Price Recovery May Stall Near 100-SMA: Is a Drop Coming?→

Traders Move $4.7 Billion To Stablecoins Amid Crypto Market Uncertainty – Details

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The crypto market is experiencing a notable shift in liquidity as investors acquire massive amounts of stablecoins due to market uncertainties in the last few months. CryptoQuant analyst with username Percival has provided more insights into this trend of capital rotation. Open Interest In Crypto Market Shrinks As Stablecoins See Liquidity Influx Following a rather… Continue reading Traders Move $4.7 Billion To Stablecoins Amid Crypto Market Uncertainty – Details→

Ether Liquidity Plummets 40% On Exchanges After ETF Debut

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Liquidity of Ether on US exchanges has plunged as much as 40% since the first spot Ether exchange-traded funds entered the market on July 23, 2024. That is a move rather expectedly coming for traders and analysts that had previously viewed the ETFs as a means to improve market liquidity and therefore stabilize prices. Instead,… Continue reading Ether Liquidity Plummets 40% On Exchanges After ETF Debut→

Why Is Ethereum (ETH) Losing Ground To Bitcoin? Key Report Explains ETH Struggles

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Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum has fallen 44% against Bitcoin. This dramatic… Continue reading Why Is Ethereum (ETH) Losing Ground To Bitcoin? Key Report Explains ETH Struggles→

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?→