Tag: Ethereum

Ethereum Price Builds Strength—Will It Finally Break Higher?

Este artículo también está disponible en español. Ethereum price is showing positive signs above the $2,650 zone. ETH is rising like Bitcoin and might start another increase in the near term. Ethereum is still showing positive signs above the $2,620 zone. The price is trading above $2,680 and the 100-hourly Simple Moving Average. There was a break above a key contracting triangle with resistance at $2,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,725 and…

MegaETH launch could save Ethereum… but at what cost?

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The hype machine building up around Ethereum layer-2 MegaETH claims it’s the answer to Ethereum’s scaling and sentiment problems. Prioritizing speed over decentralization, the new L2 will apparently feel as seamless as using a Web2 app or a centralized exchange, and run an order of magnitude faster than all the other rollups and Solana combined. In short, the aim is to “Make Ethereum Great Again.” Community-designed poster (Cronosis/X) It’d be easy to dismiss this as pure hyperbole, but MegaETH is backed by some of the biggest names in the industry,…

Ethereum Holds Multi-Year Bullish Structure – Time For A Comeback?

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Este artículo también está disponible en español. Ethereum has been closing between $2,650 and $2,750 for the past week, creating uncertainty in the short term. The price action remains indecisive as bulls struggle to reclaim the $2,800 level, a key supply zone that could determine Ethereum’s next move. While the long-term outlook remains uncertain, Ethereum is trading at crucial demand levels, facing continuous selling pressure that has kept price action muted. Related Reading Investors are trying to stay calm amid volatility, but fear is spreading as Ethereum shows signs of…

Ethereum To Move Sideways For 2-3 Months, Says Analyst

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Este artículo también está disponible en español. Ethereum (ETH) has failed to break from a key level, retracing 4% as most of the market bleeds. Some analysts believe that ETH’s next leg up won’t come in a few months, as the second-largest cryptocurrency could move sideways until May. Related Reading Ethereum To Continue Sideways Move? On Monday, Ethereum swan against the current and registered a 6.3% surge toward the $2,850 support zone, momentarily breaking out of a symmetrical triangle pattern where it has been consolidating for the past 15 days.…

Is Ethereum Quietly Building Momentum for a Rally? Analysts Weigh In

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Ethereum’s recent price performance indicates a departure from the negative trends that are seen in the broader cryptocurrency market. While assets such as Bitcoin have faced downward pressure, Ethereum managed a slight positive move yesterday, pushing its market value back above $2,700. Amid this price move, questions have been raised about whether the asset might be quietly building momentum for a sudden rally. Quiet Moves Behind The Scenes Santiment, a well-regarded market intelligence platform has recently highlighted this price performance from ETH on X, noting that Ethereum has outpaced many…

Ethereum Price Eyes Key Breakout—Will Momentum Lead to a Surge?

Este artículo también está disponible en español. Ethereum price is showing positive signs above the $2,620 zone. ETH is outshining Bitcoin and might start another increase in the near term. Ethereum is still showing positive signs above the $2,600 zone. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a key contracting triangle forming with resistance at $2,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,700 and $2,725. Ethereum Price…

Ethereum Exchange Balances Drop To 9-Year Low – Time For A Major Price Move?

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Este artículo también está disponible en español. According to recent data from CryptoQuant, Ethereum (ETH) reserves on centralized cryptocurrency exchanges have dropped to a nine-year low. Experts suggest that this dwindling ETH supply could indicate an impending ‘supply shock,’ potentially fuelling a significant rally in the cryptocurrency. Ethereum Reserves At 9-Year Low Ethereum, the second-largest cryptocurrency by market cap, continues to trade within the mid-$2,000 range, sitting at $2,721 at the time of writing. Unlike Bitcoin (BTC), ETH has had a relatively quiet 2024, struggling to break past its all-time…

Altseason At Risk? Expert Believes Ethereum Must Hold $2,600 To Sustain Momentum

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Este artículo también está disponible en español. Ethereum is trading at crucial demand levels, facing intense selling pressure and struggling to reclaim the $2,800 mark. The recent price action has raised concerns among investors, who are trying to stay calm amid rising volatility but fear that Ethereum could drop further. Related Reading The broader crypto market sentiment remains divided, with Ethereum significantly underperforming Bitcoin and failing to build strong bullish momentum. Some analysts believe that ETH is at a make-or-break level, while others argue that a deeper correction is still…

Ethereum Price Defies The Trend—Beating Bitcoin in Recent Gains

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Este artículo también está disponible en español. Ethereum price is showing positive signs above the $2,650 zone. ETH is outshining Bitcoin and might start another increase in the near term. Ethereum is holding gains and aiming for more gains. The price is trading above $2,650 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,700 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a decent upward move if it settles above $2,750 and $2,780. Ethereum Price…

Ethereum Forms A Bullish Pattern – Expert Reveals Short-Term Price Target

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Este artículo también está disponible en español. Ethereum has been trading below the $2,800 mark for the past two weeks as selling pressure at this critical level continues to exhaust bullish momentum. Investors remain cautious amid heightened volatility, fearing that Ethereum could extend its losses if it fails to reclaim key levels. Despite the uncertainty, some analysts see a potential breakout on the horizon. Related Reading Top crypto investor Carl Runefelt shared a technical analysis on X, revealing that ETH is currently trading within a 4-hour symmetrical triangle. This pattern…