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61% Of Ethereum Holders Are Profitable But ETH Bulls Must Hold $2,290

Ethereum

Ethereum is wavy when writing as bulls struggle to build momentum and push the coin above the immediate resistance levels at around $2,400 and $2,800. Even so, most ETH holders are upbeat, expecting prices to turn around the corner and soar, even breaking above July highs of around $3,500. 61% Of ETH Holders In The…

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Ethereum In Danger: Analyst Explains What Could Trigger Crash To $1,800

Ethereum

An analyst has explained how losing this on-chain demand zone could cause Ethereum to witness a crash to as low as $1,800. Ethereum Is Currently Retesting A Major On-Chain Support Zone In a new cost basis distribution right now, citing data from the market intelligence platform IntoTheBlock. In the above chart, the dots represent the…

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112,000 ETH Moved To Crypto Exchanges In The Past Day — Impact On Ethereum Price?

Ethereum

The Ethereum price has been one of the major talking points in the crypto space lately, having been under significant bearish pressure in recent weeks. However, the second-largest cryptocurrency seems to be on a recovery path following its first positive weekly performance in more than a month. Recent on-chain data shows that significant amounts of…

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Ethereum To $4K Again? Analyst Predicts Bull Run As Key Metric Approaches Critical Level

Ethereum

Ethereum appears to have now seen a notable shift in its major metric. Particularly, a recent CryptoQuant analyst, Burak Kesmeci report, highlighted the potential significance of Ethereum’s current funding rates. The analyst pointed out that similar patterns in the past have been followed by substantial price increases, suggesting that Ethereum might be on the verge…

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Bullish Signals Emerge For Ethereum: Price Rises Above Downward Trendline And Key MA Levels

Ethereum

The cryptocurrency market is showing tentative signs of recovery, with leading assets like Ethereum (ETH) making modest gains in the past 24-hours. Following a sharp decline that saw ETH’s price plummet to $2,154 last Friday, the digital asset is now nearing the $2,400 mark, sparking optimism among investors. Signs Of An Imminent Breakout To The…

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Ethereum In 3 Months: Legendary Analyst Reveals Prediction For December

Ethereum

Much like Bitcoin (BTC), the price of Ethereum (ETH) has been trading significantly sideways lately. Due to this downtrend, a legendary crypto analyst has offered some insights into Ethereum’s price movements, predicting that in the next three months, the pioneer altcoin could see its price hit a bottom.  Ethereum To Hit Price Bottom By December…

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Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH?

Ethereum

Ethereum, the second-largest cryptocurrency by market capitalization, has been experiencing noteworthy movements in its derivatives markets. Particularly, according to a recent analysis by a CryptoQuant analyst known as ‘Heisenberg,’ the netflow of Ethereum on derivative exchanges has seen a significant negative shift, exceeding 40,000 ETH. Ethereum Derivative Market Outflow: What It Means For ETH Heisenberg…

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Ethereum Bullish Signal: Adoption Hits Four-Month High Rate

Ethereum

On-chain data shows the Ethereum adoption rate has hit a four-month high, which could be bullish for the cryptocurrency’s price. Ethereum Network Growth Has Shot Up Recently According to data from the on-chain analytics firm new addresses appearing on the network daily. Naturally, an address is considered to have been used when it made its…

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Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction

Ethereum

Ethereum (ETH) has been struggling with a significant downturn recently, leaving the asset deep in the red. Over the past week, Ethereum has recorded a 9.2% decline in value, reflecting broader market weakness. However, the past 24 hours have brought a slight change in momentum, with ETH seeing a 3.2% increase in price. Though this…

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Ethereum Forms Falling Wedge Pattern That Could Send Price To $3,000

Ethereum

Ethereum is still one of the worst-performer of the top largest cryptocurrencies by market cap despite being incredibly popular. This bearish movement has seen an increasing number of investors being moved into the red as the price drops. If this continues, then the ETH price could fall below $2,000 again. But there is still a…

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Why Is Ethereum (ETH) Losing Ground To Bitcoin? Key Report Explains ETH Struggles

Ethereum

Ethereum (ETH) is currently facing significant selling pressure and fear after a 23% decline, bringing its price down to yearly lows at $2,200. One major concern for investors is the ongoing underperformance of ETH compared to Bitcoin, a trend that has persisted since September 2022. Since then, Ethereum has fallen 44% against Bitcoin. This dramatic…

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