Ethereum has been struggling lately, with its price dipping below $2,150 in September. While it bounced back a bit, it’s still in a downtrend. But there’s a glimmer of hope: a pattern from 2021 might be repeating itself. A Triple Bottom Formation? Technical analysts have noticed a pattern called a “triple bottom” forming in Ethereum’s…
Ethereum (ETH) is seeing some interesting activity from its holders, with different groups taking different approaches. Big Players Sitting on the Sidelines Large holders, those with over 100,000 ETH, are mostly staying put. This includes big players like institutions, exchanges, and major entities who can really move the market. Their inactivity suggests they’re unsure about…
The crypto market is buzzing with excitement as Bitcoin and Ethereum are on the rise. Everyone’s talking about the Fed’s upcoming interest rate cut, but there’s another reason to be optimistic about Ethereum in the coming months. Ethereum’s History After Bitcoin Halvings Historically, Ethereum has performed well after Bitcoin halving events. In 2016, Ethereum experienced…
Ethereum’s futures market is showing signs of trouble. According to a recent analysis, traders are less optimistic about Ethereum’s short-term price movements. This is reflected in the declining funding rates, which are essentially payments made between traders based on price differences. Negative funding rates mean traders are betting against Ethereum’s price. This indicates a lack…
Ethereum has been a bit sluggish lately, with prices struggling to break above $2,400 and $2,800. But don’t let that fool you, most ETH holders are still optimistic! They believe the price will bounce back and even surpass the July highs of around $3,500. More Than Half of ETH Holders Are Making Money Data from…
Some analysts are predicting a big jump in the price of Ethereum (ETH). They’re seeing patterns in the market that suggest a huge price increase could be coming. A Bullish Outlook One analyst, Javon Marks, thinks Ethereum could be about to repeat a pattern that led to a 165% price surge in 2023. He’s even…
An analyst is warning that Ethereum could be in for a rough ride if it breaks through a key support level. What’s the Support Level? The analyst is looking at a price range between $2,292 and $2,359. This range is significant because a lot of investors bought Ethereum at those prices. If the price falls…
Ethereum has been struggling lately, but it seemed to be on the upswing. However, recent data suggests that investors might be getting cold feet. ETH Moving to Exchanges: Sell Signal? A lot of Ethereum (ETH) has been moving to centralized exchanges in the past day – over 112,000 ETH, to be exact. This is a…
Is Ethereum about to explode? Crypto analysts are buzzing about a potential surge in the price of Ethereum (ETH) against Bitcoin (BTC). Some even think it’s time to switch your Bitcoin for Ethereum. Ethereum’s Rollercoaster Ride Ethereum has been on a wild ride lately. It’s been in a slump for months, with many analysts calling…
Ethereum’s price might be about to take off, according to a recent analysis. A crypto analyst, Burak Kesmeci, noticed a pattern in Ethereum’s funding rates that could signal a big price jump. Funding Rates: A Key Indicator Funding rates are a measure of the balance between traders who are betting on the price going up…
