Tag: Price

Ethereum Price Lags Despite All-Time High In Daily Transactions

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The Ethereum (ETH) blockchain is experiencing a renewed surge in network activity, recently reaching a fresh all-time high (ATH) in daily transactions. However, despite this increase in on-chain fundamentals, ETH’s price continues to trade below major resistance levels, raising concerns that bullish momentum may be fading. Ethereum Network Activity Picks Momentum According to a CryptoQuant Quicktake post by contributor CryptoOnChain, Ethereum’s daily transaction count – highlighted in pink in the below chart – has surged to a new ATH of approximately 1,550,000 transactions per day. Source: CryptoQuant This sharp increase…

BNB Price Faces Death Cross at $785 as CEA Industries Rebrands to BNB Network Company

Key Notes Corporate rebrand signals strategic alignment with BNB Chain ecosystem backed by substantial institutional investment funding. Technical analysis shows death cross formation at $785 resistance level creating mixed signals for continued upward momentum. Best Wallet presale capitalizes on increased institutional adoption with $14 million raised targeting early-stage opportunities. Binance Coin BNB $773.4 24h volatility: 2.8% Market cap: $107.78 B Vol. 24h: $1.01 B surged more than 5% on Wednesday, August 6, following a landmark announcement from CEA Industries Inc., which has now rebranded as BNB Network Company (BNC). This…

Ethereum Price Drops Below $3,700 Despite Corporate Buyups

Key Notes Ethereum price has lost its support above $3,700, even with recent corporate buyups from top companies like SharpLink Gaming. SharpLink Gaming recently purchased 15,822 ETH at a market value of $54 million. BitMine became the largest Ethereum treasury in the world with 833,137 ETH in its holding. Ethereum ETH $3 606 24h volatility: 1.1% Market cap: $435.29 B Vol. 24h: $24.37 B price has lost its support above $3,700 even with recent corporate buyups from top companies like SharpLink Gaming (SBET). As it stands, the coin is struggling…

Is the Ethereum Price Top in? ETH Sell-Pressure Soars to $419M, Second Highest Level Ever

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Key takeaways: ETH Net Taker Volume hit -$418.8 million, the second-largest daily sell imbalance ever. Price is retesting a major resistance zone near $4,000, echoing the December 2024 top. ETH could drop 25%–35% toward key trendlines by September. Ethereum’s native token, Ether (ETH), may establish a local top signal as its selling pressure nears historic extremes. Traders sell 115,400 more ETH than they buy As of Tuesday, ETH’s Net Taker Volume dropped to -$418.8 million, the second-largest daily outflow ever, with 115,400 more ETH sold than bought via market orders,…

Bitcoin Price Crash To $100,000 Or Rally To $122,000? Analyst Shows Game Plan For BTC

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Crypto analyst Mark Cullen has laid out the game plan for the Bitcoin price amid the flagship crypto’s choppy price action. Based on his analysis, BTC could either crash to $100,000 or rally to $122,000, close to its current all-time high (ATH) of $123,000.  The Game Plan For The Bitcoin Price In an X post, Mark Cullen shared what he described as the ‘Bitcoin game plan.’ He noted that BTC is filling out the inefficient area between the two previous weekly ranges. The analyst further remarked that the next move…

XRP Price Tanks Below $3, Analyst Sees More Pain Coming

Key Notes XRP dropped below $3, wiping over $5 billion in market cap. Analyst sees key support forming near $2.40. Whale selloff and MVRV death cross raised red flags. XRP XRP $2.95 24h volatility: 2.9% Market cap: $174.81 B Vol. 24h: $5.04 B price has recently dropped below its key psychological support of $3, falling to $2.96 at press time. The cryptocurrency has seen a $5 billion loss in market capitalization within 24 hours, with a 2.5% price drop, driven largely by high-volume selloffs. However, analysts suggest that XRP might…

XRP Price Cuts Back Gains – Correction or Consolidation?

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Aayush Jindal, a luminary in the world of financial markets, whose expertise spans over 15 illustrious years in the realms of Forex and cryptocurrency trading. Renowned for his unparalleled proficiency in providing technical analysis, Aayush is a trusted advisor and senior market expert to investors worldwide, guiding them through the intricate landscapes of modern finance with his keen insights and astute chart analysis. From a young age, Aayush exhibited a natural aptitude for deciphering complex systems and unraveling patterns. Fueled by an insatiable curiosity for understanding market dynamics, he embarked…

Ethereum Price Falters Above $3,700 – Is a Pullback Brewing?

Ethereum price found support near the $3,400 zone and recovered. ETH is struggling to settle above $3,700 and might dip once again. Ethereum started a fresh increase above the $3,440 and $3,500 levels. The price is trading below $3,620 and the 100-hourly Simple Moving Average. There was a break below a key bullish trend line with support at $3,620 on the hourly chart of ETH/USD (data feed via Kraken). The pair could start a fresh increase if it remains supported above the $3,500 zone in the near term. Ethereum Price…