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…
Binance Inflows A Leading Indicator For Altcoins? Analyst Explains How
A quant has explained how altcoin inflows into cryptocurrency exchange Binance might act as a leading indicator for the market. Spikes In Binance Altcoin Inflows Tend To Precede Corrections In a CryptoQuant Quicktake exchange inflows going to Binance. The indicator of relevance here is the “Exchange Inflow Transaction Count,” which measures, as its name suggests,…
Ethereum Price Pulls Back To $3,500, But MVRV Signals Uptrend Continuation Likely
A breach of the $4,000 mark for the Ethereum price has looked almost like a certainty over the past two weeks, with the altcoin hovering around $3,900 in the last few days. However, this almost-certain event took a different turn after the price of ETH suddenly succumbed to severe bearish pressure. On Friday, August 1,…
Ethereum Taker Sell Volume Hits $335M In Just 2 Minutes: Panic Or Profit-Taking?
Ethereum has faced an 8% correction since Monday, cooling off from its recent rally and slipping below the key $3,850 level. This move suggests that the bullish momentum that carried ETH higher in July is beginning to fade, with price now entering a critical consolidation phase. Bulls are still holding key support levels, but the…
10-Year Gameplan: Ethereum Targets Quantum-Safe Security, Fast Transactions
Ethereum has turned 10 years old. And instead of looking back, the team behind the second-largest cryptocurrency is laying down a bold plan for the future. The Ethereum Foundation has released a long-term roadmap called the “Ethereum Lean Plan.” The focus: scale the network massively, keep it online 100% of the time, and prepare for…
Ethereum Drops 6% After Hitting $3,800, But Analysts See New ATH Ahead
Ethereum (ETH) dropped over 6% in the past 24 hours, sliding to around $3,630 after briefly touching the $3,800 mark. The pullback comes after a robust July rally, which saw the world’s second-largest cryptocurrency surge more than 50%, its best monthly gain in three years. Despite the recent dip, on-chain data suggests the uptrend may…
Solana Faces Ethereum Scam Woes as TD Sequential Hints at Bullish Breakout
Solana (SOL) is staging a potential comeback, rebounding 1% to $187.43 after triggering a TD Sequential buy signal at $178. This technical indicator, widely used to identify trend reversals, has sparked renewed bullish sentiment among traders, especially as SOL consolidates above the key $180 level. The 4-hour chart shows diminishing bearish momentum, with candlesticks losing…
Altcoin Season Here? 6 Key Metrics Show Market Shift
On-chain analytics firm CryptoQuant has highlighted six indicators that could point to growing momentum in the altcoin market. These Altcoin Metrics Are Observing Positive Developments In a new all-time high (ATH) in mid-July. At the forefront of this alt push has been Ethereum, the cryptocurrency second only to Bitcoin in terms of market cap. Since…
Ethereum Price Regains Strength – Can Momentum Carry It Toward $4K?
Ethereum price found support near the $3,680 zone. ETH is now rising and might soon aim for a move toward the $4,000 zone. Ethereum started a fresh increase above the $3,740 and $3,800 levels. The price is trading above $3,820 and the 100-hourly Simple Moving Average. There was a break above a bearish trend line…
Market Set to Surge as PayPal Introduces ‘Pay with Crypto’ Feature for 100+ Tokens
PayPal has officially rolled out its “Pay with Crypto” feature, allowing U.S.-based merchants to accept payments in over 100 cryptocurrencies. From Bitcoin and Ethereum to stablecoins like USDT, USDC, and XRP, the platform aims to streamline international commerce with lower fees and faster settlements. Merchants can now accept crypto payments from wallets like MetaMask, Coinbase, Kraken,…