Tag: Ethereum

Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction

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Ethereum (ETH) has been struggling with a significant downturn recently, leaving the asset deep in the red. Over the past week, Ethereum has recorded a 9.2% decline in value, reflecting broader market weakness. However, the past 24 hours have brought a slight change in momentum, with ETH seeing a 3.2% increase in price. Though this uptick is not enough to erase the previous week’s losses, it may signal the beginning of a recovery phase. Is Ethereum At The End Of Its Correction According to the latest analysis from renowned crypto…

Ethereum Price Recovers Higher But Lacks Bullish Drive To Test $2,500

Este artículo también está disponible en español. Ethereum price is attempting a recovery wave above $2,320. ETH might struggle to gain pace for a move toward the $2,500 resistance zone. Ethereum is attempting a recovery wave above the $2,250 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,320 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,400 resistance to continue higher in the near term. Ethereum Price…

Buterin Withdraws 760 ETH As Market Turmoil Strikes Ethereum

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Este artículo también está disponible en español. Ethereum co-founder Vitalik Buterin has been in the news of late with his 760 ETH withdrawal–a move that raised eyebrows as speculations about what such external wallet transactions by him could do to the Ethereum market. Related Reading Transactions are part of a broader trend that has seen wallets associated with Buterin and the Ethereum Foundation actively sell large portions of Ether. It is this aggressive selling that has added to the bearish pressure on Ethereum’s price, which lately slipped to the low…

Ethereum Set To Make a Recovery, Market Analyst Explain Why Mpeppe (MPEPE) and Shiba Inu (SHIB) Are Investors Go To

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Este artículo también está disponible en español. As Ethereum shows signs of recovery, crypto investors are exploring other opportunities for significant gains. Two standout contenders are Mpeppe (MPEPE) and Shiba Inu (SHIB), both of which are capturing attention with their innovative approaches to blockchain, De-Fi, and meme culture. Let’s dive into why these two coins are becoming investors’ top picks during Ethereum’s recovery. Mpeppe (MPEPE): Sports, Blockchain, and Meme Culture Mpeppe (MPEPE) is not just another meme coin—it’s a cryptocurrency that combines the worlds of sports fandom and blockchain innovation.…

Ethereum Investors Search For New 1000X Cryptos In Ethereum Ecosystem

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Este artículo también está disponible en español. As Ethereum (ETH) continues to evolve, investors are constantly on the lookout for the next big opportunity within its ecosystem. Two names that have caught their attention are Starknet (STRK) and Mpeppe (MPEPE). Both projects are poised to offer high returns, but they differ in their focus and approach. In this article, we’ll explore how these two emerging tokens are drawing attention from Ethereum investors seeking the next 1000X opportunity. Starknet (STRK): Solving Ethereum’s Scalability Challenges Starknet (STRK) has been gaining momentum as…

Ethereum Forms Falling Wedge Pattern That Could Send Price To $3,000

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Este artículo también está disponible en español. Ethereum is still one of the worst-performer of the top largest cryptocurrencies by market cap despite being incredibly popular. This bearish movement has seen an increasing number of investors being moved into the red as the price drops. If this continues, then the ETH price could fall below $2,000 again. But there is still a possibility for a reversal as a bullish pattern has formed on the Ethereum price chart. Ethereum Falling Wedge Pattern Appears With the recent decline in price, there has…

Whale UNI Investors Add Mpeppe and Other Upcoming Ethereum Memecoins In Hopes Of 100X Gains

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Este artículo también está disponible en español. In the volatile world of cryptocurrency, opportunities often arise where others see only uncertainty. Recently, some of the largest Uniswap (UNI) investors have begun accumulating new and promising Ethereum-based meme coins, hoping to capitalize on potential 100X gains. Among the standout contenders is Mpeppe (MPEPE), a memecoin merging sports fandom with blockchain technology. As Uniswap (UNI) continues to perform well despite broader market challenges, the addition of Mpeppe (MPEPE) to whale investors’ portfolios suggests there’s significant belief in the future success of this…

Ethereum Foundation offloads 450 ETH in latest sale

The Ethereum Foundation has kept up its streak of selling ETH this year, most recently offloading 450 ETH for 1.029 million DAI. According to the analytics platform SpotOnChain, on Sept. 9, the Ethereum Foundation, the main non-profit organization supporting the Ethereum blockchain, shed 450 ETH from its holdings and swapped it for the stablecoin DAI. This transaction followed a sale of 100 ETH for 241,000 DAI on Sept. 5, bringing the Foundation’s total sales for 2024 to 3066 ETH.  Further, On Sep. 6, the Foundation transferred an additional 1,000 ETH,…

Ethereum Price Recovery May Stall Near 100-SMA: Is a Drop Coming?

Este artículo también está disponible en español. Ethereum price is attempting a recovery wave above $2,280. ETH must clear the $2,360 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,150 zone. The price is trading below $2,320 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance at $2,280 on the hourly chart of ETH/USD (data feed via Kraken). The pair must clear the $2,360 resistance to continue higher in the near term. Ethereum…

Ethereum DEX networks are enjoying major increase in volume

Transaction volume in Ethereum decentralized exchanges bounced back even as cryptocurrency prices retreated. Ethereum DEX had robust activity According to DeFi Llama, the volume in Ethereum (ETH) rose by 18% to $9.88 billion as that in other chains retreated. Solana (SOL) DEX volume retreated by 8% while Base, BNB Smart Chain, Arbitrum, and Polygon fell by 4%, 14%, and 10%, respectively. The worst-performing chain was Tron (TRX) whose volume fell by 52% to over $642 million. This decline happened as the popularity of the recently launched SunPump meme coins eased.…