Tag Archives: ethusd

Ethereum Price Takes Hit and Turns At Risk of Fresh Lows

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Ethereum price is gaining bearish momentum below $2,950. ETH might continue to move down toward the $2,550 support in the near term. Ethereum struggled to clear the $2,950 resistance and started a fresh decline. The price is trading below $2,920 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with… Continue reading Ethereum Price Takes Hit and Turns At Risk of Fresh Lows→

Ethereum Whale Offloads Holdings Amidst Market Downturn

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Ethereum (ETH) tumbled 6.45% in the past week, marking a rough stretch for the world’s second-largest cryptocurrency. Generally, Ether has left investors much to desire in recent times with a price decline of 16.57% over the last few months. Amidst this bearish market, a crypto whale has sold off all his Ethereum tokens drawing much… Continue reading Ethereum Whale Offloads Holdings Amidst Market Downturn→

EigenLayer Launches Airdrop Season, Allowing Users To Claim 113M EIGEN Tokens

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Restaking protocol EigenLayer has unveiled its highly anticipated airdrop season, during which eligible users can claim a portion of the initial EIGEN token supply.  EigenLayer Sets September 2024 Deadline The protocol’s announcement on Friday revealed that “Season 1” commences with 6.05% of the total supply, which users can claim starting on May 10.  Moreover, “Season… Continue reading EigenLayer Launches Airdrop Season, Allowing Users To Claim 113M EIGEN Tokens→

Crypto Expert Forecasts The ‘Age of Ethereum’: What This Means

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Ethereum has received a lot of criticism recently, and accordingly the ETH price has underperformed other altcoins. However, Ryan Berckmans, a prominent contributor of the Ethereum community and investor, boldly claims we are entering the “Age of Ethereum,” a period that could redefine the hierarchy of blockchain technologies. Berckmans shared his insights via X, sparking… Continue reading Crypto Expert Forecasts The ‘Age of Ethereum’: What This Means→

Ethereum Foundation Moves 1,000 ETH – Is The Top In?

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significant amount of ETH. Given what this transaction could imply, it has drawn the crypto community’s attention, which is already speculating about whether the market top might be in.  Ethereum Foundation Moves 1,000 ETH On-chain analytics platform SpotOnChain revealed in an X (formerly Twitter) post that the Ethereum Foundation transferred 1,000 ETH ($3 million) to… Continue reading Ethereum Foundation Moves 1,000 ETH – Is The Top In?→

Ethereum Price Signals Fresh Increase Unless Fails To Surpass $3,080

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Ethereum price started a recovery wave from the $2,940 support. ETH could gain bullish momentum if it clears the $3,055 and $3,080 resistance levels. Ethereum found support near $2,940 and started a steady increase. The price is trading near $3,030 and the 100-hourly Simple Moving Average. There was a break above a major bearish trend… Continue reading Ethereum Price Signals Fresh Increase Unless Fails To Surpass $3,080→

Crypto Analyst Says Ethereum Price Will Drop To $2,500, Here’s Why

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The Ethereum price has been closing mirroring the performance of Bitcoin recently and since the Bitcoin price has been on a downtrend, the ETH price has followed. However, Ethereum on its own seems to possess more bearish fundamentals compared to Bitcoin, leading crypto analysts to believe that the second-largest cryptocurrency by market cap will fall… Continue reading Crypto Analyst Says Ethereum Price Will Drop To $2,500, Here’s Why→

Ethereum Price Looks Ready For Another Leg Higher Over If It Holds Support

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Ethereum price is extended losses and tested the $2,940 support. ETH could start a fresh increase if it clears the $3,000 and $3,030 resistance levels. Ethereum remained in a bearish zone and traded below the $3,000 level. The price is trading below $3,050 and the 100-hourly Simple Moving Average. There was a break above a… Continue reading Ethereum Price Looks Ready For Another Leg Higher Over If It Holds Support→

Forget The Price Dip: Ethereum Network Activity Hints At Imminent Takeoff

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Ethereum, the world’s second-largest cryptocurrency by market cap, finds itself in a curious position. While the price struggles for direction, its underlying network is experiencing a surge in activity. Ethereum Network Sees Increase In New Users According to crypto data firm Santiment, May 4th saw a whopping 200,000 new Ethereum addresses created, marking the highest… Continue reading Forget The Price Dip: Ethereum Network Activity Hints At Imminent Takeoff→

Ethereum Price May Have Another Chance For A Bullish Streak: Here’s How

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Ethereum price is correcting gains from the $3,220 resistance. ETH could start a fresh increase if it clears the $3,055 and $3,080 resistance levels. Ethereum started a fresh decline after it faced resistance near $3,220. The price is trading below $3,100 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming… Continue reading Ethereum Price May Have Another Chance For A Bullish Streak: Here’s How→