Bitcoin Price Turns Higher, Can It Print New Monthly Highs?
Bitcoin price started a strong increase above the $71,500 zone. BTC is consolidating gains and might aim for more gains above the $73,250 zone. Bitcoin gained pace for a move above the $71,500 and $72,000 levels. The price is trading above $71,500 and the 100 hourly simple moving average. There was a break above a…
Ethereum Price Holds Bullish Bias, Upside Continuation in Focus
Ethereum price extended gains above $2,250 before it started a downside correction. ETH is now consolidating above $2,120 and might aim for a fresh increase. Ethereum started a decent upward move above the $2,220 zone. The price is trading above $2,180 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance…
Ethereum Price Clings to $2,120, Can Bulls Drive Fresh Surge?
Ethereum price extended gains above $2,265 before it started a downside correction. ETH is now correcting gains and might find bids near the $2,120 zone. Ethereum started a decent upward move above the $2,250 zone. The price is trading above $2,150 and the 100-hourly Simple Moving Average. There is a declining channel forming with resistance…
Ethereum Liquidity Dries Up As Demand Fails To Keep Pace
Ethereum exchange reserves have fallen to a record low, even as the token trades near $2,15 and still struggles to break out. CryptoQuant data shows reserves are down about 77% from their 2021 peak, while CoinGlass data points to a surge in futures activity, with volume topping close to $50 billion in 24 hours. Exchange…
XRP Leads Crypto Funds $224M Rebound With Largest Weekly Inflows Since December
Global crypto investment products bounced from the late-March sentiment downturn, with XRP funds and European investors stealing the spotlight from Bitcoin and US markets. XRP Inflows Fuel Crypto Funds Recovery According to the latest CoinShares report, global crypto funds recorded $224 million in inflows last week, a modest recovery from the late-March sentiment downturn, when…
Ethereum Price Surges Over 5%, Bulls Ignite Strong Upside Momentum
Ethereum price extended gains above $2,250 before it faced sellers. ETH is now correcting gains and might find bids near the $2,165 zone. Ethereum started a decent upward move above the $2,220 zone. The price is trading above $2,200 and the 100-hourly Simple Moving Average. There was a break above a contracting triangle with resistance…
Ethereum Trading on Binance Has Gone Quiet, Discover What Happens When That Changes
Ethereum has reclaimed $2,100. The level is back. The market that produced the recovery is thinner than it has been all year — and that changes what the recovery means. A CryptoQuant report tracking Ethereum’s liquidity structure on Binance has identified a condition that sits directly beneath the price action: the liquidity ratio has dropped…
$82 Million In Ethereum Just Left FalconX: Discover Who Is Behind It
Ethereum is trying to hold above $2,150. The market is waking up. And in the last hour, someone withdrew $82 million in ETH from an institutional prime brokerage — and the identity of that someone is the question the on-chain data is already trying to answer. Arkham Intelligence has tracked a transaction that stands out…
Ethereum Price Cools Off, But Structure Stays Firmly Supported
Ethereum price extended gains above $2,150 before it faced sellers. ETH is now correcting gains and might find bids near the $2,080 zone. Ethereum started a decent upward move above the $2,120 zone. The price is trading above $2,100 and the 100-hourly Simple Moving Average. There was a break below a rising channel with support…
Ethereum Net Taker Volume Rises To Most Positive Level Since 2023 – Bullish Reversal Soon?
The price of Ethereum has been hovering around $2,000 for nearly a month, with the technical structure showing no clear path to recovery. According to the latest on-chain data, the “King of Altcoin” is witnessing a rare signal that could mean that it is at the beginning of a positive trend. ETH Net Taker Volume…