Este artículo también está disponible en español. Ethereum is once again making headlines as it edges closer to the critical $4,100 resistance level. After building steady upward momentum, the bulls seem determined to reclaim control and challenge this key barrier. Historically, this level has acted as a tough hurdle for ETH, but recent price action suggests growing buyer confidence. As ETH edges higher, traders are keenly watching to see if this rally has what it takes to finally break through the resistance and set the stage for further gains. With…
Tag: Ethereum
Ethereum Eyes Bitcoin’s Lead: Is a Similar Surge Possible?
Ethereum price started a decent increase above the $3,900 zone. ETH is consolidating gains and might aim for a move above the $4,000 resistance zone. Ethereum started a decent increase above $3,880 and $3,920. The price is trading below $3,920 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $3,900 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,980 and $4,020 resistance levels. Ethereum Price Faces Resistance…
GOUT spikes 70%, Stacks and MAD trend as Ethereum inches to $4,000
The price of GOUT has surged over 70% as Ethereum shows signs of reclaiming the $4,000 level. According to CoinGecko data, the price of GOUT has pumped from a 24-hour low of $0.0003233 to as high as $0.0005573 at press time. The meme coin has also seen its price go up by over 140% in the last seven days. GOUT 24H Price Chart From CoinGecko Apart from the general meme coin volatility, GOUT has released its independent research and development task platform, which could have bolstered the price. In addition,…
Ethereum Forming A Symmetrical Pattern – Key Resistance At $4,100
Este artículo también está disponible en español. Ethereum is making another attempt to break above the $4,000 level as it edges closer to its all-time highs. Despite its strong fundamentals, doubts linger in the market regarding Ethereum’s performance this cycle, with some expecting it to underperform amid stiff competition from other blockchain ecosystems. However, Ethereum’s recent price action suggests that it is building momentum, keeping investors on edge for a potential breakout. Related Reading Top analyst Carl Runefelt recently shared a technical analysis, noting that Ethereum has encountered strong resistance…
Ethereum Technical Analysis: Is $4,000 Within Reach or a Mirage?
Ethereum, valued at $468 billion, traded within an intraday range of $3,851 to $3,957.89 on Dec. 14, 2024, reflecting a 20.2% drop from its peak of $4,878.2 on Nov. 10, 2021. Ethereum The daily chart reflects ethereum’s ongoing consolidation, with a peak at $4,096.6 marking the recent high of an uptrend that began at $3,014.5. […] Source CryptoX Portal
Ethereum On-Chain Metrics Looking Strong – Momentum Building For ETH?
Este artículo también está disponible en español. Ethereum is attempting to break above the critical $4,000 level as it edges closer to its all-time high. The market has shown skepticism regarding Ethereum’s performance in this cycle, with some analysts predicting it might underperform compared to previous bullish phases. Despite this doubt, Ethereum has proven its resilience, consistently finding demand at key support levels and maintaining a bullish price structure. Related Reading Adding to the optimism, on-chain data from IntoTheBlock highlights a strong foundation for Ethereum’s network activity this week. Metrics…
Ethereum Fees Hit Nine-Month High Amidst Strong DeFi Activity
Semilore Faleti is a cryptocurrency writer specialized in the field of journalism and content creation. While he started out writing on several subjects, Semilore soon found a knack for cracking down on the complexities and intricacies in the intriguing world of blockchains and cryptocurrency. Semilore is drawn to the efficiency of digital assets in terms of storing, and transferring value. He is a staunch advocate for the adoption of cryptocurrency as he believes it can improve the digitalization and transparency of the existing financial systems. In two years of active…
An AI was asked if Ripple can surpass Ethereum this cycle, and the answer was surprising
Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. Ripple’s XRP may surpass Ethereum’s ETH in the next cycle, signaling potential shifts in the crypto market’s top positions. Could Ripple’s XRP jump ahead of Ethereum’s ETH in the next market cycle? This idea might catch Ethereum holders off guard. The shifting tides of the crypto world suggest big changes could be coming. Uncover how XRP might climb the ranks and what that could mean for the future of…
ETFs Maintain Strong Rally With $598 Million Inflow for Bitcoin and $274 Million Inflow for Ethereum
U.S. spot bitcoin and ethereum ETFs enjoyed another positive inflow day bringing in $597.57 million and $273.67 million respectively. Bitcoin and Ethereum ETFs Continue Momentum with Solid Inflows Bitcoin and ethereum exchange-traded funds (ETFs) maintained their inflow streak with another day of solid inflows into both ETFs. According to metrics from sosovalue, inflows totaling $597.57 […] Original
Ethereum Price Aims Higher: A Smooth Path To $4,000 and Beyond?
Ethereum price started a decent increase above the $3,750 zone. ETH is consolidating gains and might aim for a move above the $3,980 resistance zone. Ethereum started a decent increase above $3,750 and $3,800. The price is trading below $3,800 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $3,840 on the hourly chart of ETH/USD (data feed via Kraken). The pair could continue to move up if it clears the $3,950 and $3,980 resistance levels. Ethereum Price Outpaces Bitcoin Ethereum price…