Tag: Ethereum

ETH price prospects dim as Ethereum DEX volumes drop 34% in a week

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Ether (ETH) price fell below $2,200 on March 9 and has struggled to recover since. The altcoin is down 14% in March and the decline has hurt investor sentiment, especially as the broader crypto market only dropped 4% in the same period.  Adding to the bearish sentiment, traders are also worried about further ETH price corrections after a 34% weekly drop in decentralized exchange (DEX) activity on the Ethereum network. Blockchains ranked by 7-day DEX volumes, USD. Source: DefiLlama DEX volumes on Ethereum dropped 34% in the last seven days,…

Ethereum Is Retesting A 5-Year Long Trendline – Massive Rally Incoming?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum is currently consolidating below the $2,000 mark, trading within a narrow range between $1,800 and $1,900 as market uncertainty persists. Bulls have lost control, and speculation about a…

Historical Pattern From 2020 Hints Ethereum Could Be Poised For A Parabolic Rally, Analysts Explain

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Ash is a dedicated crypto researcher and blockchain enthusiast with a passion for diving deep into the evolving world of decentralized technologies. With a background in writing and a natural curiosity for how digital assets are shaping the future, he has immersed himself in various sectors of the cryptocurrency space, including decentralized finance (DeFi), NFTs, and liquidity mining. His journey into crypto started with a desire to fully understand the technology behind it, leading him to explore and engage with these systems firsthand. Ash’s approach to DeFi goes beyond surface-level…

Long-term Ethereum accumulation could unwind if ETH price falls below $1.9K — Analyst

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Ethereum’s native token, Ether (ETH), continues to consolidate under $2,000, which some traders view as a psychological level. Ether price slipped below this range on March 10, and the altcoin continues to trade at its lowest value since October 2023. Ethereum 4-hour chart. Source: Cointelegraph/TradingView Ether price has also lost market value with respect to other major altcoins, with XRP price reaching its highest level against ETH in five years on March 15. The real question among investors is whether ETH is capable of recapturing a portion of its recent…

Ethereum Welcomes a New Testnet

Ethereum developers launched a new test network, Hoodi, on Monday that will be used to carry out the blockchain’s upcoming ‘Pectra’ upgrade. Pectra will go live on Hoodi on March 26, and if all goes well, the long-awaited upgrade will proceed to Etheruem’s mainnet roughly 30 days later, according to the network’s core developers. Hoodi was created following faulty Pectra tests on Ethereum’s other testnets, Holesky and Sepolia, which failed to finalize properly due to problems with how they were configured. Test networks like Holesky, Sepolia, and Hoodi aim to…

Ethereum onchain data suggests $2K ETH price is out of reach for now

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Ether’s (ETH) price has been consolidating within a roughly $130 range over the last seven days as $2,000 remains strong overhead resistance. Data from Cointelegraph Markets Pro and Bitstamp shows that ETH price oscillates within a tight range between $1,810 and $1,960. ETH/USD daily chart. Source: Cointelegraph/TradingView Ether price remains pinned below $2,000 for several reasons, including declining Ethereum’s weak network activity and decreasing TVL, negative spot Ethereum ETF flows, and weak technicals. Negative spot Ethereum ETF outflows The underperformance in Ether’s price can be attributed to investors’ risk-off behavior,…

130,000 Ethereum Moved Off Exchanges – Bullish Signal?

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Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing Strict editorial policy that focuses on accuracy, relevance, and impartiality Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Este artículo también está disponible en español. Ethereum (ETH) is trading at its lowest levels since late 2023, struggling to regain momentum after an extended period of selling pressure. Since December 2024, ETH has lost over…

Ethereum price forms another risky pattern

Ethereum’s price remains in a deep bear market after plunging more than 53% from its November high. Ethereum (ETH) has crashed below the crucial support at $2,000, and is hovering near its lowest point since November 6. The ongoing crash happened as demand for the coin waned in Wall Street. All spot Ethereum ETFs have had outflows in the last three consecutive weeks, bringing the cumulative net inflow to $2.52 billion. Total assets have dropped to about $6.72 billion.  Ethereum’s decline has also been fueled by growing fear in the…

Ethereum and Solana Prices Tank While Lightchain Delivers Hope

This content is provided by a sponsor. PRESS RELEASE. Cryptocurrency markets are infamous for their unpredictability, and recent developments have once again fueled excitement and anxiety in equal measure. Ethereum ( ETH) and Solana ( SOL), two of the most prominent players in the blockchain space, have seen notable price drops, shaking investor confidence. However, […] Source CryptoX Portal

Forget Solana, XRP may flip Ethereum first amid 5-year high

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XRP (XRP) price versus Ether (ETH) reached its highest level in five years over the weekend, extending its recovery. On March 15, the XRP/ETH pair touched 0.00128 ETH for the first time since April 2020. That amounts to a 925% rebound when measured from its all-time low of 0.00013 ETH established in June 2024 and approximately 620% gains since November 2024, when Donald Trump won the US presidential election. XRP/ETH weekly price chart. Source: TradingView XRP potential breakout versus ETH The XRP/ETH rally is fueling speculation among market watchers that…