Tag: Ethereum

Over 52 Million ETH Bought At $2,300, Will Ethereum Bulls Defend This Support?

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Este artículo también está disponible en español. Ethereum is flat at press time, moving inside a narrow $400 range with caps at $2,300 on the lower end and $2,800 as the upper limit. Even though investors are upbeat, expecting prices to soar in the coming sessions, uncertainty continues to engulf the market. Ethereum Finds Support At $2,300: Over 52 Million ETH Bought The second world’s most valuable coin is bearish, dumping by over 50% from July highs and unable to break the local resistance at $3,500. As traders closely monitor…

Ethereum TD Setup: Why The ETH Price Must Hold $2,250

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Ethereum has largely exhibited a sideways movement between $2,500 and $2,350 in the past seven days. This sideways movement has yet to give rise to a clear path as to how the crypto performs moving forward, denting the sentiment of many bulls.  In an interesting analysis with the use of the TD Setup, crypto analyst Ali Martinez highlighted a critical price point for investors to watch on the ETH price trajectory. At the heart of this analysis is the $2,250 price point, a level that could be the line between…

Has Ethereum Lost Its Way?

But, even with these advancements, Ethereum is still improving at a slow place with the network stuck in the middle of the scaling roadmap, a less exciting time where Merkle Trees, zkSTARKS, account abstraction, and technologies that unify desperate L2s are coming to fruition. Source

Ethereum Faces ‘Sell-Off Risk’ If It Loses $2,300 Resistance – Analyst

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Este artículo también está disponible en español. Ethereum is at a pivotal moment after failing to break above the $2,500 mark on Monday. With the entire crypto market anticipating a potential rally, Ethereum investors carefully watch for any signs of strength within the network. However, growing concerns about a possible deeper correction loom over the market. Related Reading Key metrics from IntoTheBlock indicate that if Ethereum breaks below the $2,300 level, a significant sell-off could follow, increasing pressure on the price. This has created a tense atmosphere among traders and…

Uniswap Labs Introduces Scalability-Focused Ethereum L2

Uniswap Labs has announced Unichain, its Ethereum Layer-2 solution aimed at streamlining the user experience for those leveraging its services. The organization specified that Unichain would be built as part of Optimism’s Superchain, designed specifically with decentralized finance in mind. Unichain aims to lower costs by 95% compared to using the Ethereum blockchain and to […] Source CryptoX Portal

Ethereum Price Targets a Comeback: Will the Bounce Last?

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Este artículo también está disponible en español. Ethereum price extended losses and tested the $2,320 support. ETH is now correcting losses and might aim for a fresh increase above the $2,420 resistance. Ethereum remained in a bearish zone and traded below the $2,360 zone. The price is trading below $2,420 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at $2,420 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,350 support level to start decent…

Ethereum Could See a 53% Price Correction If This Happens—Analyst

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Este artículo también está disponible en español. Ethereum has been experiencing sluggishness in its price performance recently, as the cryptocurrency continues to closely follow Bitcoin’s movements. Currently trading at $2,392, Ethereum is down 1.5% in the past 24 hours, adding to its gradual decline in recent days. This drop follows a brief price surge last week, where Ethereum saw a slight surge to above $2,600. Despite the minor increase, Ethereum remains down by 51% from its all-time high of $4,878, recorded in 2021. Related Reading Ethereum Potential To Fall 53%…

Ethereum Price Retests $2,350: Is a Bounce In The Cards?

Ethereum price extended losses and tested the $2,350 support. ETH is now consolidating and might aim for a fresh increase above the $2,400 resistance. Ethereum started a downside correction below the $2,400 zone. The price is trading just above $2,420 and the 100-hourly Simple Moving Average. There was a break below a short-term rising channel with support at $2,425 on the hourly chart of ETH/USD (data feed via Kraken). The pair must stay above the $2,350 support level to start another increase in the near term. Ethereum Price Dips Further…

Standard Chartered Analysts Says Ethereum Price Will Reach $10,000 If This Happens

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Este artículo también está disponible en español. Analysts at British multinational bank, Standard Chartered have predicted that the price of Ethereum (ETH) could potentially climb to $10,000 in response to the anticipated political changes set to take place following the upcoming United States (US) Presidential elections. Standard Chartered Predicts Ethereum To $10,000 In a research note by the head of Standard Chartered crypto research, Geoffrey Kendrick, Ethereum could experience a dramatic rise to $10,000 if Donald Trump, the former US President wins the upcoming election.  Related Reading Delving into the…