Ethereum Price Pulls Back: Can It Rebound and Remain Attractive?

Ethereum price is correcting gains from the $2,820 resistance. ETH could start another increase unless there is a close below the $2,645 support. Ethereum is correcting gains below the $2,780 and $2,750 levels. The price is trading below $2,720 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line… Continue reading Ethereum Price Pulls Back: Can It Rebound and Remain Attractive?

Crypto Pundit Predicts Ethereum Price Rise To $3,000, But A Crash Could Happen First

Ethereum price action going forward. The analyst predict that the second largest crypto token by market cap will still rise to $3,000 but noted that a crash will happen first.  Ethereum To Rise To $3,000 Soon Enough In an X (formerly Twitter) post, CrediBULL Crypto shared a chart that showed that Ethereum would rise to… Continue reading Crypto Pundit Predicts Ethereum Price Rise To $3,000, But A Crash Could Happen First

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

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?

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 Analyst: Bulls Must Hold $2,500, Spot ETF To Catalyze Demand

Ethereum, similar to most altcoins, is under significant selling pressure, struggling to shake off the weakness of early August. Even though there were flashes of strength after the climactic sell-off on August 5, prices are still below $2,800. The only positive for now, at least looking at the daily chart, is the impressive bulls’ resilience.… Continue reading Ethereum Analyst: Bulls Must Hold $2,500, Spot ETF To Catalyze Demand

Ethereum Price Ready to Climb if It Overcomes Key Resistance

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 Is Flat, and Whales Selling: More Pain to Follow?

Ethereum is struggling for momentum and remains under immense selling pressure. As of writing, the second most valuable coin is inside a narrow range, trending within the $2,100 on the lower end and $2,800 on the upper end. The local resistance level could mark the start of an impressive leg up, relieving the coin of… Continue reading Ethereum Is Flat, and Whales Selling: More Pain to Follow?

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

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?

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?

Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn

Ethereum, the second largest cryptocurrency by market cap has been experiencing a prolonged period of price correction, leaving investors and traders questioning when the crypto asset will regain its upward momentum. As a result, an analyst from CryptoQuant has stage for a bullish turn. Metrics Signalling End Of The Slump According to the post by… Continue reading Is Ethereum Finally Over the Slump? These 2 On-Chain Metrics Suggests a Bullish Turn