Tag: Ethereum

Ethereum Eyes $3,900 – Key Resistance Break Could Spark A Surge

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Este artículo también está disponible en español. Ethereum has been making waves in the crypto market, reaching its highest levels since June after hitting a local high of $3,688 just hours ago. This impressive price action has sparked excitement among investors and analysts, with many anticipating further surges in the coming hours. Ethereum is now eyeing a breakout above its yearly highs, which could set the stage for an even more aggressive rally. Related Reading Crypto analyst Carl Runefelt shared a technical analysis on X, highlighting the significance of Ethereum’s…

Ethereum Price On The Verge Of Repeating 2017-2021 Cycle Breakout, Target Above $20,000

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Este artículo también está disponible en español. While Bitcoin (BTC) has reached new all-time highs this month, the Ethereum price has failed to experience a significant rally, befitting its position as the second-largest cryptocurrency by market capitalization. However, a crypto analyst suggests that this bearish price action could soon end, as Ethereum (ETH) appears to be repeating its breakout pattern from the 2017 to 2018 cycle. Based on this analysis, the ETH price could be on track to hit a remarkable new price target above $20,000.  Ethereum Price Eyes New…

Ethereum Price Powers Ahead with a 10% Surge: More to Come?

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Este artículo también está disponible en español. Ethereum price remained supported above the $3,250 zone. ETH started a fresh surge and cleared the $3,550 resistance zone. Ethereum started a fresh increase from the $3,250 support zone. The price is trading above $3,500 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $3,375 on the hourly chart of ETH/USD (data feed via Kraken). The pair is up nearly 10% and now consolidates gains near the $3,650 zone. Ethereum Price Starts Fresh…

Starknet Unveils Phase 1 of Staking Initiative, Paving the Way for Decentralization on Ethereum Layer 2

Starknet has officially launched Phase 1 of its staking initiative on the mainnet, marking a milestone in its journey toward full decentralization as the first major Ethereum Layer 2 rollup to implement a staking mechanism directly on L2. This initiative allows holders of STRK tokens to stake their assets, either as validators or delegators, thereby […] Source CryptoX Portal

Bitcoin Holds Strong Above $93K as Ethereum Surges Ahead, Reports QCP Capital

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Bitcoin has stabilized above $93,000 while ethereum gains momentum and Wall Street rallies on positive policy signals, according to QCP Capital’s latest market update. Bitcoin Stabilizes, Ethereum Soars: QCP Tracks Market’s Mixed Signals QCP Capital reports that bitcoin (BTC) has found stability above $93,000 as the holiday season approaches. This comes despite a recent dip […] Original

Ethereum Price Maintains Strength at $3,250: Upside Ahead?

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Este artículo también está disponible en español. Ethereum price remained supported above the $3,220 zone. ETH is consolidating and might aim for a move above the $3,400 resistance. Ethereum started a fresh increase from the $3,250 support zone. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance at $3,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair could gain bullish momentum if it clears the $3,400 resistance zone. Ethereum Price Remains…

Solana Outpaces Ethereum In DeFi Activity As Monthly DEX Volume Surpasses $100 Billion

Este artículo también está disponible en español. Solana (SOL) decentralized finance (DeFi) activity has gained significant momentum, with its decentralized exchanges (DEX) surpassing Ethereum (ETH) DEX in monthly trading volume. So far in November, Solana-based DEXes have recorded over $100 billion in trading volume, marking a major milestone for the ecosystem. Solana DeFi Ecosystem Gains Momentum, Outshines Ethereum DeFi Solana, the fourth-largest cryptocurrency with a reported market cap of $118.34 billion has been on a record-breaking price trajectory. Recently, the digital asset established a new all-time-high (ATH) of $263 after…

Ethereum Foundation Launches Attackathon to Strengthen Protocol Security

The Ethereum Foundation has initiated its first-ever “Attackathon,” a community-driven challenge offering $1.5 million in prizes to identify flaws in the Ethereum protocol. Ethereum Hosts Attackathon According to the announcement from the foundation’s Protocol Security Research Team and the Ecosystem Funding Initiative, the Attackathon event will take place from Nov. 25, 2024, to Jan. 20, […] Source CryptoX Portal

ETH/BTC’s 8-Year Cycle Chart Shows How High Ethereum Price Can Go This Cycle

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Este artículo también está disponible en español. Recent analysis suggests that the Ethereum price may be operating on an 8-year cycle, diverging from Bitcoin’s established 4-year cycle. This would explain the sheer underperformance of the Ethereum price in relation to the Bitcoin price since the beginning of the year. Keeping this in mind, technical analysis suggests that the Ethereum price still has a long way to go in this cycle, especially if the Bitcoin price starts to undergo a major correction. Understanding ETH/BTC’s 8-Year Cycle Technical analysis of the ETH/BTC…