Ethereum In A Holding Pattern: Will It Break Out To Higher Levels?

Ethereum price failed to continue higher above the $3,500 resistance zone. ETH corrected gains and is now trading in a range above the $3,400 level. Ethereum is consolidating below the $3,500 resistance zone. The price is trading below $3,480 and the 100-hourly Simple Moving Average. There is a key declining channel forming with resistance at… Continue reading Ethereum In A Holding Pattern: Will It Break Out To Higher Levels?

Ethereum ETFs Witness Stellar Start As Trading Soars; Analyst Sees ETH’s Price Reaching $8,000 In Q4

Ethereum ETFs (exchange-traded funds) began trading on Tuesday, generating significant volume within the first 2 hours of trading. Interestingly, the Ethereum ETFs ranked among the top 1% regarding ETF volume.  Ethereum ETFs Surpass Traditional Launch Volumes According to Bloomberg ETF expert Eric Balchunas, the ETH ETFs traded $361 million in the first 90 minutes on… Continue reading Ethereum ETFs Witness Stellar Start As Trading Soars; Analyst Sees ETH’s Price Reaching $8,000 In Q4

Ethereum Eclipses Solana In 2024 Inflows Amid Hype For Upcoming ETF Launch

According to a recent report from CoinShares, Ethereum (ETH) saw an uptick in inflows last week, surpassing Solana’s (SOL) inflows for 2024, coinciding with the impending launch of exchange-traded funds (ETFs) that will allow regulated investment in the US for the second-largest cryptocurrency by market capitalization.  ETH Dominates Inflows The report highlights Ethereum’s strong momentum… Continue reading Ethereum Eclipses Solana In 2024 Inflows Amid Hype For Upcoming ETF Launch

Ethereum Price Battles at $3,550: Bulls Ready for Another Try?

Ethereum price is still struggling to clear the $3,500 resistance zone. ETH is now consolidating and might make another attempt to clear $3,550. Ethereum is consolidating below the $3,550 resistance zone. The price is trading above $3,450 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,440… Continue reading Ethereum Price Battles at $3,550: Bulls Ready for Another Try?

Ethereum Retraces: Here’s Why ETH Bulls Must Decisively Break Above $3,500

Ethereum is firm when writing, rapidly rising after slipping to around $2,800 earlier this month. As of writing, the second most valuable coin is up by over $24% and remains in an uptrend despite the scare of July 4 and 5. Ethereum Finds Strong Resistance At $3,500 Even as buyers expect ETH bulls to press… Continue reading Ethereum Retraces: Here’s Why ETH Bulls Must Decisively Break Above $3,500

Ethereum Price Climbs: Will It Challenge the $3,700 Mark Again?

Ethereum price started a downside correction from the $3,500 resistance zone. ETH declined below $3,440 and might struggle to stay above $3,380. Ethereum is moving higher above the $3,500 zone. The price is trading above $3,520 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,450 on… Continue reading Ethereum Price Climbs: Will It Challenge the $3,700 Mark Again?

CBOE Global Markets Lists Spot Ethereum ETFs, Confirms Launch Date

The Chicago Board Options Exchange (CBOE) has confirmed the launch date for Spot Ethereum ETFs, revealing when five Spot ETH ETFs will commence trading in the crypto market.  CBOE Finalizes Launch Date For Spot Ethereum ETFs On July 19, the CBOE released a new issue notification on its official website concerning the launch of Spot… Continue reading CBOE Global Markets Lists Spot Ethereum ETFs, Confirms Launch Date

ETH Derivates Volume Have Flatlined Despite Spot Ethereum ETFs Approval, What’s Going On?

ETH derivatives volume suggests that Ethereum investors have little confidence in the Spot Ethereum ETFs, sparking a massive rally for the second-largest crypto token by market cap. This development comes amid the imminent launch of these funds, which are expected to begin trading next week.  Ethereum Futures Premium Highlights Little Confidence In ETH’s Price According… Continue reading ETH Derivates Volume Have Flatlined Despite Spot Ethereum ETFs Approval, What’s Going On?

Ethereum Price Pulls Back: ETH Gains Under Pressure

Ethereum price started a downside correction from the $3,500 resistance zone. ETH declined below $3,440 and might struggle to stay above $3,380. Ethereum is correcting gains from the $3,500 zone. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There was a break below a connecting bullish trend line with support at… Continue reading Ethereum Price Pulls Back: ETH Gains Under Pressure

Ethereum Price Stays Strong: Will ETH Continue To Rise?

Ethereum price failed to clear the $3,500 resistance zone. ETH is consolidating above the $3,380 support and might attempt another increase. Ethereum is correcting gains and struggling near the $3,500 zone. The price is trading above $3,380 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at $3,375… Continue reading Ethereum Price Stays Strong: Will ETH Continue To Rise?