Tag: Ethereum

Ethereum Price Struggles to Recover: Short-Term Outlook Weak

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Este artículo también está disponible en español. Ethereum price gained bearish momentum and traded below $2,350. ETH is consolidating losses and might struggle to recover above $2,350. Ethereum started another decline below $2,350 and $2,320. The price is trading below $2,310 and the 100-hourly Simple Moving Average. There is a major bearish trend line forming with resistance at $2,360 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,360 resistance to start a recovery wave in the near term. Ethereum Price Starts Consolidation Ethereum…

Is Ethereum Primed For Surge? Analyst Reveals Key Levels to Watch For A $8,100 Rally

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Regardless of the Ethereum (ETH) price’s unappealing performance, the latest analysis from top crypto analysts in the space predicts that the asset might be on the verge of a parabolic rise. In a recent post uploaded on X, renowned crypto analyst Javon Marks has laid out an optimistic scenario for Ethereum, suggesting a potential price surge similar to a pattern witnessed in 2023. Key Level To Watch For A Rally To $8,100? According to Marks, Ethereum is poised to replicate a previous pattern that led to a more than 160%…

61% Of Ethereum Holders Are Profitable But ETH Bulls Must Hold $2,290

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Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders are upbeat, expecting prices to turn around the corner and soar, even breaking above July highs of around $3,500. 61% Of ETH Holders In The Money Amid this development and the general lull, IntoTheBlock data shows that 61% of all ETH holders are in the money. That over 50% of all ETH holders are in green despite the coin shedding…

Ethereum price drops to a 41-month low against Bitcoin

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Ethereum continued its freefall against Bitcoin, falling to its lowest level since April 2021. It has dropped by over 55% from its highest point in 2021. Ether’s sell-off is accelerating Ethereum (ETH) was trading at 0.039 BTC, down by 24% this year and by 35% from the year-to-date high. It has also dropped against other cryptocurrencies like Solana (SOL), Binance Coin (BNB), and Tron (TRX).  The same has occurred in US dollar terms, with the coin dropping for four consecutive months, now trading near $2,300 which is its lowest point since…

Ethereum Price Nosedives Over 5%, Pressure Mounts on Bulls

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Este artículo también está disponible en español. Ethereum price is down over 5% and trading below $2,350l. ETH is signaling an increase in selling pressure and might drop to $2,120. Ethereum started another decline after it failed to clear $2,450. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $2,400 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,320 resistance to start a recovery wave in the…

Solana Vs. Ethereum Vs. CYBRO: Here’s what experts say

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Experts are debating Solana, Ethereum, and new contender CYBRO, with investors eager to see which will soar next. Experts are weighing in on the potential of Solana, Ethereum, and the new player, CYBRO. Investors and crypto enthusiasts are eager to know which of these digital currencies might soar next.  Diverse opinions and predictions paint an intriguing picture. Dive into the analysis to discover which of these coins stands out…

Huge Bitcoin Whale Liquidates To Secure More Ethereum And GoodEgg Before The Next Bull Run

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Este artículo también está disponible en español. In the lead-up to what many predict will be the next major cryptocurrency bull run, whales—the largest holders of digital assets—are making strategic moves to position themselves for maximum gains. Recently, a significant Bitcoin (BTC) whale made headlines by liquidating a portion of their BTC holdings to secure more Ethereum (ETH) and the AI-powered token GoodEgg (GEGG). This bold move signals a shift in strategy as investors look to diversify their portfolios with tokens that have the potential for explosive growth. Here’s a…

Here Are The Major Developments That Could Drive Ethereum Price Back Above $4,000

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Este artículo también está disponible en español. Ethereum, the second largest crypto by market cap, is trading at $2,420 after a recent price rally. Ethereum has been up by 3.4% and 6.3% in the past 24 hours and seven days, respectively, which has raised hopes for an extended bullish run. As the price performance continues to unfold, some major developments are taking root, which could pave the way for Ethereum’s price to rally back above the $4,000 mark. Stablecoin Transaction Volume Hits New High Despite the bearish sentiment which has…

112,000 ETH Moved To Crypto Exchanges In The Past Day — Impact On Ethereum Price?

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Opeyemi is a proficient writer and enthusiast in the exciting and unique cryptocurrency realm. While the digital asset industry was not his first choice, he has remained absolutely drawn since making a foray into the space over two years. Now, Opeyemi takes pride in creating unique pieces unraveling the complexities of blockchain technology and sharing insights on the latest trends in the world of cryptocurrencies. Opeyemi savors his attraction to the crypto market, which explains why he spends the better parts of his day looking through different price charts. “Looking”…