Ethereum Price Targets a Comeback: Will the Bounce Last?
Ethereum price extended losses and tested the $2,320 support. ETH is now correcting losses and might aim for a fresh increase above the $2,420 resistance. Ethereum remained in a bearish zone and traded below the $2,360 zone. The price is trading below $2,420 and the 100-hourly Simple Moving Average. There is a connecting bearish trend…
Ethereum Could See a 53% Price Correction If This Happens—Analyst
Ethereum has been experiencing sluggishness in its price performance recently, as the cryptocurrency continues to closely follow Bitcoin’s movements. Currently trading at $2,392, Ethereum is down 1.5% in the past 24 hours, adding to its gradual decline in recent days. This drop follows a brief price surge last week, where Ethereum saw a slight surge…
Why Are Traders Super Bearish On Chainlink, Solana, and Bitcoin?
As the crypto market struggles to shake off the weakness of last week, the latest sentiment data from Santiment shows that token holders and traders are bearish on some of the top altcoins. According to their recent analysis, token holders are bearish the most on Chainlink–a middleware solution that powers DeFi and NFTs, Ethereum, Solana,…
Bitcoin ETF Inflows Jump To $235 Million – Is The Bull Market Heating Up?
Bitcoin’s exchange-traded funds (ETFs) are once again generating headlines due to an extraordinary increase in inflows. An investment of $235.2 million in Bitcoin ETFs occurred on October 8, indicating a substantial increase in investor appetite. This surge, based on data from Farside Investors, follows a relatively uneventful beginning to the month, but it indicates a…
Ethereum Price Retests $2,350: Is a Bounce In The Cards?
Ethereum price extended losses and tested the $2,350 support. ETH is now consolidating and might aim for a fresh increase above the $2,400 resistance. Ethereum started a downside correction below the $2,400 zone. The price is trading just above $2,420 and the 100-hourly Simple Moving Average. There was a break below a short-term rising channel…
Standard Chartered Analysts Says Ethereum Price Will Reach $10,000 If This Happens
Analysts at British multinational bank, Standard Chartered have predicted that the price of Ethereum (ETH) could potentially climb to $10,000 in response to the anticipated political changes set to take place following the upcoming United States (US) Presidential elections. Standard Chartered Predicts Ethereum To $10,000 In a research note by the head of Standard Chartered…
$6 Million ETH Sale: Ethereum Foundation Joins Whale Liquidation Frenzy
The Ethereum Foundation was at the center of attention recently concerning a liquidation plan it has set in place to sell parts of its Ether balance. According to the on-chain tracker Lookonchain, a wallet linked to the foundation moved 2,500 ETH, valued around $6 million, to the exchange Bitstamp on October 8, 2024. This is…
ETH’s Fate Hinges On $2,300: Will Ethereum Soar To $6,000 Or Dive To $1,600?
Ethereum (ETH) has seen significant volatility in recent weeks, dropping from a one-month high of nearly $2,730 at the end of September to around $2,400, raising concerns about the medium-term price sustainability of the second-largest cryptocurrency by market capitalization. Ethereum Rally To $6,000 If $2,300 Support Holds Ethereum has fallen 7% in the past two…
Ethereum Price at Support: Will It Bounce or Break?
Ethereum price corrected gains and tested the $2,400 support. ETH is now consolidating and might aim for a fresh increase above the $2,465 resistance. Ethereum started a downside correction below the $2,500 zone. The price is trading just above $2,430 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support…
Injective Generated More Revenue Than BNB Chain, Avalanche In Q3 2024, Next $50?
Injective Protocol, a DeFi-centric platform using Cosmos tech, is gaining traction, looking at the gas fee revenue distributed to its validators in Q3 2024. While INJ, the native currency of the protocol, is under pressure, cooling off after rallying to as high as $52 early this year, the recent development is a huge confidence boost.…