Tag Archives: ethusd

Ethereum Price Eyes Fresh Gains: Another Increase on the Horizon?

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Ethereum price is consolidating above the $2,700 resistance. ETH could gain bullish momentum if it clears the $2,785 resistance zone. Ethereum is struggling to gain pace for a move above the $2,800 level. The price is trading above $2,700 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support… Continue reading Ethereum Price Eyes Fresh Gains: Another Increase on the Horizon?→

Ethereum Foundation Transfers 94 Million ETH – Price Rally To Stall?

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Following affirmative comments of an impending rate cut by US Federal Reserve Chairman Jerome Powell, Ethereum (ETH) alongside other crypto assets experienced a rapid price gain with the total crypto market cap rising by 6% on Friday. The price of Ethereum in particular moved upward by 6.38% to nearly breach the $2800 price mark. However,… Continue reading Ethereum Foundation Transfers 94 Million ETH – Price Rally To Stall?→

Ethereum Price Ready to Climb if It Overcomes Key Resistance

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Ethereum price is consolidating above the $2,550 resistance. ETH could gain bullish momentum if it clears the $2,650 resistance zone. Ethereum is struggling to gain pace for a move above the $2,650 level. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a short-term contracting triangle forming with resistance at… Continue reading Ethereum Price Ready to Climb if It Overcomes Key Resistance→

Ethereum Metrics Turn Positive: Can This Drive A New ATH Above $5,000?

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The worst looks to be over for Ethereum (ETH), as certain metrics suggest that the bottom is already in for the second-largest crypto by market cap. Based on this, ETH looks to be headed for a new all-time high (ATH), surging past its current ATH of $4,800.  Ethereum MVRV Shows Bottom Is In Data from… Continue reading Ethereum Metrics Turn Positive: Can This Drive A New ATH Above $5,000?→

Pectra Upgrade On Ethereum: Will It Be The Catalyst To Break Above All-Time Highs?

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As the cryptocurrency market continues to navigate a mixed period of price stagnation and volatility with no clear path forward, all eyes are on the highly anticipated Pectra upgrade for the Ethereum (ETH) network.  Scheduled for the first quarter of 2025, this major upgrade is gaining significant attention from bullish analysts who believe it could… Continue reading Pectra Upgrade On Ethereum: Will It Be The Catalyst To Break Above All-Time Highs?→

Ethereum Sees Major Outflow From Mega Whales – ETH Price Drops Below $2,600

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The crypto market has been challenging, and Ethereum (ETH), the second-largest cryptocurrency, is no exception. Despite its dominant position, the token has faced significant headwinds in recent weeks, with its price showing no signs of a sustained recovery. Key Metrics Point To Continued Bearishness According to crypto analyst Ali Martinez, some of the largest Ethereum… Continue reading Ethereum Sees Major Outflow From Mega Whales – ETH Price Drops Below $2,600→

Will Ethereum Reach Over $3,000 In September? Analyst Bets On 80% Odds

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Ethereum might be on the verge of a major breakout, with predictions suggesting it might reach $3,000 next month. According to CoinCheckup, a popular crypto market prediction platform, Ethereum should rise by 51% in the next three months. With such a positive forecast, the current decline in the price of Ethereum could very well be… Continue reading Will Ethereum Reach Over $3,000 In September? Analyst Bets On 80% Odds→

Ethereum Price Turns Lower: Can ETH Bounce Back From $2,550?

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Ethereum price started a pullback from the $2,680 resistance. ETH is now declining and remains at risk of more downsides if it fails to stay above $2,550. Ethereum started a fresh decline below the $2,650 level. The price is trading below $2,680 and the 100-hourly Simple Moving Average. There is a key bullish trend line… Continue reading Ethereum Price Turns Lower: Can ETH Bounce Back From $2,550?→

Ethereum To Remain Under Bearish Pressure As Taker Buy/Sell Ratio Drops

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Amidst the general financial market crash in early August, Ethereum (ETH) lost about 30% of its value, falling to $2,226 per unit. Notably in the last few weeks, the prominent altcoin has shown much resilience climbing back into the $2,600 price region. Albeit, this recent price retracement is accompanied by much uncertainty on how long… Continue reading Ethereum To Remain Under Bearish Pressure As Taker Buy/Sell Ratio Drops→

Ethereum Price Wobbles As Inflation Sees 210,000 Added To Circulation

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Recent market dynamics have again brought Ethereum’s supply into the spotlight and reiterated concerns about its inflationary trend. Earlier this year, Ethereum reached a significant milestone in its circulating supply, surpassing 120 million ETH and the number continues to grow. Unlike other prominent cryptocurrencies such as Bitcoin and Cardano, which have fixed supply caps, Ethereum… Continue reading Ethereum Price Wobbles As Inflation Sees 210,000 Added To Circulation→