Following an all-time high (ATH) reached last August, Ethereum (ETH), the market’s second-largest cryptocurrency, has found itself in a consolidation phase, trading between $4,200 and $4,700. This price range reflects a broader stagnation in the cryptocurrency market, as various digital assets, including Bitcoin (BTC), struggle to regain the momentum that led both BTC and ETH…
Tag: ETH
Ethereum Recovery Could Face Hurdles – Can Bulls Overcome Resistance?
Ethereum price started a fresh decline below the $4,550 zone. ETH is now attempting a recovery and might face hurdles near the $4,420 zone. Ethereum is still struggling to recover above the $4,500 zone. The price is trading below $4,500 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming with…
No Ethereum Rally Until Q4? Analyst Eyes Choppy September Before New Highs
As the crypto market continues to struggle, Ethereum (ETH) is attempting to hold a crucial zone as support to resume its bullish rally. However, some analysts suggest that the cryptocurrency will see another choppy September before the long-awaited Q4 run. Ethereum Party To Be Delayed? Amid the recent market correction, Ethereum closed August around the…
Ethereum Price Breaks All-Time High — Analyst Sets $7,000 As Next Target
The cryptocurrency market roared back to life on Friday, August 22, after a positive speech from US Federal Reserve Chairman Jerome Powell, with the Ethereum price leading the top 10 largest assets in terms of performance. According to data from CoinGecko, the price of ETH increased by more than 14% on the day. After its…
Could Ethereum Be Eyeing New Highs? Analyst Spot Bullish Trends in Netflow Data
Ethereum’s price has maintained notable strength in recent weeks, giving many investors reason for cautious optimism. The asset briefly traded near $4,700 last week, close to its all-time high of $4,878 recorded in 2021, before correcting to its current level around $4,633. Despite this pullback, Ethereum is still up nearly 30% over the past month,…
Bitcoin, Ethereum, XRP, BNB On The Rise Following Powell’s Fed Speech
The cryptocurrency market experienced a significant surge on Friday, with Ethereum (ETH) and Bitcoin (BTC) leading the charge and reviving the upward momentum seen in the previous week that had propelled it to new all-time highs. Among the notable developments, the market’s leading altcoin skyrocketed above the $4,700 mark while recording double-digit gains and edging closer…
Ethereum (ETH) Breaks Above $4,800 Amid Market Recovery – Is It Time For New Highs?
Ethereum (ETH) is leading the end-of-the-week market recovery after finally breaking above the $4,800 resistance. As the cryptocurrency is attempting to reclaim this crucial area, some analysts suggest that a new all-time high (ATH) is imminent. Ethereum Hits New Multi-Year High On Friday, Ethereum broke above the $4,800 resistance for the first time since 2021,…
Ethereum Chain Dominates With $516M Net Inflows In 7 Days
Ethereum (ETH) just delivered one of its strongest moves in years, breaking its all-time high of around $4,860 after a bullish surge on Friday. The cryptocurrency soared by more than 13% in a single day, marking a pivotal moment for the market and confirming the strength of Ethereum’s ongoing rally. Momentum is firmly on the…
Ethereum Open Interest Jumps 10% As $3.18B In New Positions Flood In
Ethereum is entering a decisive phase in its bull cycle, pushing into fresh highs after finally breaking above its 2021 all-time high of $4,860. The move comes as bulls regained full control of the market following a remarkable 14% surge on Friday, marking one of the strongest single-day performances of the year. The rally was…