Ethereum Price Lags While Bitcoin Moves Toward New ATH
Ethereum price started a fresh increase above the $2,580 resistance. ETH is still very far from a new all-time high while Bitcoin is near ATH. Ethereum started a decent increase above the $2,620 zone. The price is trading above $2,580 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with…
Bitcoin Dominates $3.4 Billion October Crypto Inflows—What’s Behind the Boom?
Investment activity in digital assets surged almost throughout October, as crypto investment products, especially that of Bitcoin, experienced substantial inflows, according to the latest data released by CoinShares. Last week alone, global crypto funds attracted $901 million in net inflows, pushing the total for the month to $3.4 billion. Bitcoin Dominates Inflows As Ethereum Sees…
Ethereum Price Follows Bitcoin’s Rally, But Momentum Falls Short
Ethereum price started a fresh increase above the $2,550 resistance. ETH is following Bitcoin’s rally, but it is lacking the same strength. Ethereum started a decent increase above the $2,600 zone. The price is trading above $2,550 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at $2,520…
Ethereum Price Holds Strong Above $2,400 — Is $2,650 The Next Stop?
The crypto market has been under intense bearish pressure in recent days, with the Ethereum price falling by 6% in the past week. On Saturday, October 26th, the “king of altcoins” experienced an abrupt price downturn before finding support just above $2,400. A popular crypto pundit on X has come forward with an interesting prognosis…
Ethereum Price Lacks Traction: Can It Overcome The Slowdown?
Ethereum price extended losses and tested the $2,380 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,5250 level. Ethereum started a recovery wave from the $2,380 zone. The price is trading below $2,500 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with…
Whales Are Diving Into Ethereum – Could A 60% Price Spike Follow?
Analysts predicted that Ethereum price could exponentially increase as whales become more interested in the crypto asset, with whale activity hitting a six-week high. Despite the projected growth, an Ethereum insider suggested that the cryptocurrency should address several key issues to ensure that it can continue to flourish. Ethereum: Projected Price Upsurge Analyst Bаsictrаdingtv stated…
Ethereum Whale Activity Spikes To 6-Week High – Smart Money Accumulation?
Ethereum has experienced a sharp retrace, dropping over 13% since Monday and stirring concerns among investors who had anticipated a breakout. This sudden pullback, which took ETH as low as $2,380 on Friday, has injected a sense of worry into the market, leaving many to question the strength of its recent rally. However, on-chain data…
Ethereum Price Battles Resistance: Will It Break Through and Resume Its Rise?
Ethereum price extended losses and tested the $2,450 support zone. ETH is recovering losses and struggling to gain pace for a move above the $2,550 level. Ethereum started a recovery wave from the $2,450 zone. The price is trading below $2,560 and the 100-hourly Simple Moving Average. There was a break above a key bearish…
Ethereum Price Faces Key Hurdles: Can It Break Through?
Ethereum price extended losses and tested the $2,450 support zone. ETH is recovering losses and faces many hurdles near the $2,550 level. Ethereum started a downside correction below the $2,550 support. The price is trading below $2,550 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with resistance at $2,560…
5 Million Strong: Active Ethereum Wallets Drive Strong Momentum
According to veteran trader Peter Brandt, Ethereum might have just seen its future looking brighter. Known for his technical forecasts, Brandt feels the altcoin is on the verge of a bullish turnaround. He’s identified an inverted Head and Shoulders formation on the daily chart of Ethereum. This is one of the most classic buy signals…