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Ethereum (ETH) hasn’t exactly been a star performer lately, lagging behind other cryptocurrencies. But things might be changing. A recent price recovery has some analysts feeling bullish. A $7,000 Target? Crypto analyst Ali Martinez recently made a bold prediction: ETH could hit $7,000! This prediction is based on a technical analysis pattern called an “inverse…
Bitcoin’s recent price surge wasn’t the only exciting crypto news. Ethereum also saw a significant boost, and some interesting developments point to a potentially bright future for the altcoin. Whale Watching: A Massive Increase in ETH Holdings Big players in the Ethereum game – what we call “whales” (those holding 10,000 ETH or more) –…
Ethereum (ETH) took a bit of a tumble earlier this week, dipping below $3,000 for the first time since November. But don’t worry, some experts think this is actually good news! Ethereum’s Recent Price Action The price drop came after a weekend where ETH hovered around $3,200-$3,340. Analyst Ali Martinez pointed out key support and…
Big Ethereum investors, known as whales, are making some interesting moves lately. One whale just took a $1 million loss after selling off 10,070 ETH. A Whale’s Big Sell-Off This wasn’t a small transaction. The whale sold its ETH at around $3,280, a price that didn’t quite hold its momentum. Interestingly, this same whale withdrew…
Ethereum is a major cryptocurrency, known for its decentralized finance (DeFi) applications, especially smart contracts. These automated contracts eliminate the need for central authorities, potentially sidelining banks. A Recent Dip and Investor Concerns Despite its promising future, Ether (ETH) recently experienced a 10% drop, sparking fears of further declines. While many investors anticipated a surge…
Ethereum started 2024 in a slump, dropping over 16% since January 6th. It’s struggling to find support, leaving investors worried. A Symmetrical Triangle Forms Analyst Carl Runefelt spotted something interesting: Ethereum is forming a symmetrical triangle on the 1-hour chart. This pattern usually means a big price swing is coming, but in which direction? It’s…
A crypto analyst is calling Ethereum the “most cursed coin,” sparking a heated debate. While the overall crypto market is showing some positive signs, Ethereum’s price isn’t keeping up. The Curse of Ethereum? Analyst Adam (@abetrade) points to a huge increase in Ethereum trading interest (up 110% since August). Despite this, the price is still…
Ethereum has had a rough start to the year, dropping 15% from its recent peak and hitting a low of $3,157. This dip happened during a generally volatile market, with many investors rethinking their holdings. But despite the price drop, some data suggests things might not be as bad as they seem. Big Money Moving…
A massive amount of Ethereum (ETH) – over $1.4 billion worth – has recently been withdrawn from cryptocurrency exchanges. This is one of the biggest withdrawals in months and suggests a significant shift in how investors are handling their ETH. Investors Moving ETH to Private Wallets Crypto analytics firm IntoTheBlock reported this huge outflow. This…
Ethereum’s been struggling lately, even though other cryptocurrencies are doing better. It’s having trouble breaking through higher price points. Let’s look at why. Funding Rates: A Key Indicator A crypto analyst, ShayanBTC, points out that Ethereum’s price is closely tied to something called “funding rates.” These rates show how much demand there is for Ethereum…
