Ethereum Price Consolidates: Preparing for the Next Move Higher?
Ethereum price is consolidating gains above the $2,580 resistance. ETH could gain pace if it clears the $2,650 resistance zone. Ethereum remained in a positive zone above the $2,550 and $2,580 resistance levels. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support…
Ethereum Leverage Increases: Analyst Predicts Longs Could Benefit
Recent reports have revealed that Ethereum has had a challenging run, underperforming compared to other major cryptocurrencies. However, despite this, some positive signs may be on the horizon. According to a CryptoQuant analyst, Percival, Ethereum’s open interest has increased significantly, indicating rising investor optimism for a potential rally. Potential For Ethereum Rally And Longs Benefit…
Why This Crypto Asset Is Bitwise CIO’s Best Contrarian Bet Right Now
In an Sui, and Aptos dominate headlines, Hougan positions Ethereum as a “contrarian bet” that may offer significant returns for investors willing to look beyond current market sentiments. Why Ethereum Is The Best “Contrarian Bet” Hougan acknowledged Ethereum’s unique position within the crypto market. He describes Ethereum as “the asset that people love to hate;…
Ethereum Whales Are Quietly Accumulating—Is A Major Price Breakout Coming?
As Ethereum continues to trail behind Bitcoin’s ongoing recovery in price, it seems the second-largest cryptocurrency by market cap is experiencing some positive developments in the background. According to recent data from IntoTheBlock, large Ethereum holders, often called whales, have been actively accumulating Ethereum over the past month. The Quiet Accumulation Of ETH From Whales…
Ethereum (ETH) About To ‘Catch Up On BTC’, Is It Ready To Reclaim $3,000?
Following the market’s recent performance, Ethereum (ETH) attempted to break out of a bullish formation. Some analysts believe the cryptocurrency is preparing to catch up with Bitcoin and aim for March highs. Ethereum Getting Ready To Challenge BTC This week, Ethereum has successfully reclaimed the $2,500 support zone following the market’s recent performance. The second-largest…
Crypto Watch: Ethereum Poised for Upside Break!
Ethereum price is consolidating gains above the $2,550 resistance. ETH could gain pace if it clears the $2,650 resistance zone. Ethereum started a fresh increase above the $2,550 and $2,580 resistance levels. The price is trading above $2,600 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support near…
Lido Finance Cements DeFi Lead, Expands To Optimism: Is LDO Undervalued?
Lido Finance, the largest DeFi platform by assets under management, is expanding. The liquidity staking platform said it now supports the deployment of its stETH value-accruing token on Optimism, a layer-2 solution for Ethereum. Expansion to Optimism: What It Means In a blog post, Lido Finance said the decision will allow its users to benefit…
Ethereum Open Interest Sees Fastest Rise In 5 Months: Brace For More Volatility?
Data shows the Ethereum Open Interest has witnessed some sharp growth recently, a sign that more volatility could be coming for the asset’s price. Ethereum Open Interest Has Now Risen To $9.7 Billion As explained by an analyst in a CryptoQuant Quicktake Open Interest” is an indicator that keeps track of the total amount of…
Ethereum Bulls Set Sights on $3K: Is a Rally Coming?
Ethereum price started a fresh increase above the $2,550 resistance. ETH is gaining pace and might soon clear the $2,650 resistance. Ethereum started a fresh increase above the $2,520 and $2,550 resistance levels. The price is trading above $2,580 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support…
Ethereum Could Target $3,400 Once It Breaks Above Bullish Pattern – Details
Ethereum (ETH) has surged above $2,500, now testing a critical supply level that could spark a massive rally for both ETH and altcoins. After several days of anxiety and uncertainty, yesterday’s market surge has reignited optimism across the crypto space. Investors and traders are closely watching Ethereum’s price action, as a break above this crucial…