Ether’s price fell a “little deeper” than one analyst expected, but said it is still a “great area” to be accumulating the asset. Ether may have entered a prime accumulation zone, with analysts suggesting the recent pullback could soon reverse. MN Trading Capital founder Michaël van de Poppe said in an X post on Thursday that the recent price decline in Ether (ETH) was a “little deeper than expected.” “Still a great area to accumulate positions on ETH,” he added. Read more Original
Tag: Ethereum
Ethereum traders flip bullish as rest of market remains fearful
Santiment says online Ether chatter turned bullish, but the Crypto Fear & Greed Index tracking wider market sentiment remains at “Extreme Fear.” Ether traders on social media are more optimistic after the token’s price saw a slight bump on Thursday, even as the rest of the crypto market remained fearful amid a wider downturn. The uptick in bullish comments on social media was sparked after Ether (ETH) nearly reached $3,500 on Thursday, which traders interpreted as a positive sign that the token was back on track, market intelligence platform Santiment…
Ethereum Weakens Again, Bulls Unable to Spark Meaningful Recovery
Ethereum price started a fresh decline from $3,480. ETH is struggling to recover and is now at risk of another decline below $3,250. Ethereum started another bearish wave after it settled below $3,450. The price is trading below $3,400 and the 100-hourly Simple Moving Average. There is a new bearish trend line forming with resistance at $3,380 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move down if it trades below $3,250. Ethereum Price Dips Again Ethereum price failed to stay in a…
XRP Price Surges on Strong Fundamentals, Outshining Bitcoin and Ethereum
Following a stormy week that erased over $1 trillion in crypto market capitalization, signs of recovery are emerging, with the XRP price leading the way. While Bitcoin struggled to hold the $104,000 mark and Ethereum remained under pressure near $3,400, the XRP price rallied nearly 5% to trade around $2.31, outpacing both majors. Related Reading: Galaxy Digital Slashes Bitcoin EOY Price Target To $120,000 Analysts attribute this strength to robust fundamentals, including Ripple’s strategic partnership with Mastercard and renewed institutional interest following a $500 million investment round. The Mastercard collaboration…
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BITCOIN und ALTCOINS: Das Bäumchen wird gerade zum letzten Mal geschüttelt
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io In den letzten Wochen haben Bitcoin und Co. ihre Unterstützungszonen immer wieder getestet. Von einer erhofften Erholung nach dem Tiefschlag ist bislang jedoch nichts zu spüren. Ob sich die Hoffnung auf einen finalen Bullrun zerschlägt, welche Signale dagegen sprechen und in welche gefährliche Schieflage die US-Banken derzeit geraten, erfahren Sie im Interview mit Oliver Michel von der tokentus Investment AG. Hinweis auf Interessenkonflikte: Der Vorstand und Mehrheitsinhaber der Herausgeberin Börsenmedien AG, Herr Bernd Förtsch, ist unmittelbar und mittelbar Positionen über die in…
$150 Million In Ethereum: Justin Sun Joins The Liquid Staking Rush
Reports have disclosed that crypto entrepreneur and Tron founder Justin Sun moved a sizable amount of Ethereum into a liquid-staking service this week. According to on-chain data, about 45,000 ETH — worth roughly $154.5 million at the time — was shifted from the lending protocol Aave into the Lido Finance staking pool. The transfer was public and traceable on the blockchain. It drew quick attention because of its scale and timing. Sun’s Public Wallets Grow The funds had been sitting on Aave before the move. They were then deposited into…
Ethereum Is Like a Shark. If It Stops Moving, It Will Die
The Fusaka upgrade to Ethereum, expected to go live in early December, promises to bring the world’s second-most valuable blockchain into an era of institutional-grade adoption. For far too long, Ethereum has been too slow and too costly to attract meaningful Wall Street business. That could change as Fusaka implements major improvements to how the network verifies and compresses data, increasing its speed and its capacity by 10-fold. Yet it won’t be easy for Ethereum to maintain its lead among developers as the preferred chain to build on; continued evolution…
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Bitcoin, Altcoin Market and XRP Range Relief Rally, Recovery or Trap, Post Liquidation Chart Anatomy
▶ Coinbase Website: Coinbase.com ▶ CEX Website: cex.io Blockchain Backer Newsletter – Blockchain Backer’s Technical Analysis Toolkit for Crypto – Blockchain Backer 702 Digital Art NFT Collection on XRP – Hi, I am the Blockchain Backer, bringing you the latest cryptocurrency news and analysis. The content of my channel primarily focuses on crypto news, motivation, and chart analysis on the XRP chart, Bitcoin chart, various Altcoin charts, and market cap charts. DISCLAIMER: I am not a financial adviser. Investing and trading is risky, and you can lose your money. The…