Tag Archives: ETHUSDT

Ethereum Price Battles to Hold Strength: Will Bulls Prevail?

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Ethereum price is correcting gains below the $2,650 resistance. ETH is now trading near the $2,600 support and might face many hurdles. Ethereum started a downside correction below the $2,650 zone. The price is trading below $2,620 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,630… Continue reading Ethereum Price Battles to Hold Strength: Will Bulls Prevail?→

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?→

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→

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→

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?→

Crypto Analyst Predicts What Will Drive The Ethereum Price Back Above $3,000 Again

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Ethereum, the second-largest cryptocurrency by market capitalization, has yet to reclaim the $3,000 price level since early August. Since the beginning of September, Ethereum has mostly traded below $2,600, but this week brought a glimmer of hope for investors as it finally managed to break above the $2,600 threshold. Now that this resistance threshold has… Continue reading Crypto Analyst Predicts What Will Drive The Ethereum Price Back Above $3,000 Again→

Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares

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Ethereum (ETH) demand is largely driven by the token’s use in on-chain applications and token transfers, according to a report by CoinShares. Ethereum’s Use-Cases Have Increased, But Long-Term Value Is Missing In a recently published detailed report, CoinShares’ Matthew Kimmell noted that despite Ethereum’s potential to host popular applications in the future, investors are struggling… Continue reading Ethereum Demand Driven By Use In On-Chain Applications, Token Transfers: CoinShares→