Ethereum, the leading smart contract platform, has been lagging behind other cryptocurrencies lately. But despite its recent struggles, experts believe it’s poised for a comeback. Why Ethereum Has Been Struggling Ethereum has faced several challenges in recent years: Bitcoin’s “digital gold” narrative: Bitcoin’s simplicity as a store of value has made it easier for new…
A crypto analyst, Poseidon, has shared his prediction for Ethereum’s price. He believes that Ethereum could reach new highs if it manages to break through some key resistance levels. Ethereum’s Support Level is Crucial Poseidon highlights the $2,160-$1,900 price range as a critical support level for Ethereum. This range has acted as a key battleground…
Ethereum is getting a lot more volatile than Bitcoin lately, according to new data. This means its price is swinging up and down much more dramatically. Ethereum’s Rollercoaster Ethereum’s price changes have been up to 50% wilder than Bitcoin’s over the past month. This makes it a riskier investment, but also potentially more rewarding. The…
Ethereum (ETH) is making headlines, with analysts predicting a massive surge in price. One analyst, Javon Marks, believes ETH could skyrocket by 75%, reaching a whopping $4,723. Why the Hype? Marks points to a “bull divergence” on the charts, which suggests a strong upward trend. He believes this could propel ETH to $4,723 and beyond….
Ethereum, the second-largest cryptocurrency, has been on a roller coaster ride lately. After a major dip in early August, it’s showing signs of recovery. A Big Crash, A Bigger Bounce? Last week’s crash sent Ethereum’s price plummeting to $2,112, the biggest drop of the year. But the coin has bounced back, gaining 8% in the…
Ethereum is in a bit of a tricky spot right now. It’s forming a “bearish triangle” on the charts, which is a technical pattern that often signals a price drop. What’s a Bearish Triangle? Think of it like a funnel. The price of Ethereum is squeezed between two lines that are getting closer together. If…
Even though Ethereum’s price has jumped by 21% in the past week, only two-thirds of its holders are currently making money. Many Investors Still Holding Losses The recent price drop in Ethereum really hurt a lot of investors. The price went from a high of $3,400 to a low of $2,100 in just a week….
The crypto market is showing signs of life again, with investors pouring money back in. Last week alone, digital asset investment products saw a whopping $176 million in inflows, according to CoinShares. Ethereum Takes the Spotlight Ethereum is the clear winner, attracting a massive $155 million of that total. This is the highest inflow for…
The crypto market has been on a rollercoaster ride lately, with Bitcoin and Ethereum taking a hit. The recent market slump has left investors feeling cautious, and this is reflected in the decline of Ethereum’s open interest. Open Interest: A Key Indicator Open interest is a measure of how many derivatives contracts are open on…
Is Solana the clear winner? A well-known crypto trader, Peter Brandt, recently sparked a debate about which blockchain is better: Ethereum or Solana. He thinks Solana has the upper hand. Brandt’s Take Brandt compared the two blockchains, highlighting their strengths and weaknesses. He believes Solana is the clear winner due to its advantages over Ethereum….
