The cryptocurrency industry went under intense pressure last week, with Bitcoin and Ethereum leading the crash and multiple cryptocurrencies hitting new multi-month lows. The crash was more pronounced with Bitcoin, though, and the imbalance in selling pressure is quietly shifting the relationship between the two assets. The interesting imbalance is relayed in Ethereum’s performance relative…
Tag: eth price
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…
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,…