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…
Ethereum Bullish Signal: Adoption Hits Four-Month High Rate Read More »
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…
Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction Read More »
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…
Ethereum Forms Falling Wedge Pattern That Could Send Price To $3,000 Read More »
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…
Why Is Ethereum (ETH) Losing Ground To Bitcoin? Key Report Explains ETH Struggles Read More »
Recent developments show that second-largest crypto by market cap, as it looks set for a price rally that could send it as high as $6,000. ETH Ready For Liftoff Having Entered Oversold Territory relative strength index (RSI) is in or near oversold territory on the 3-day chart. While it remains to be seen whether it…
Ethereum Enters Oversold Territory, Can The Pump Send It To $6,000? Read More »
Ethereum is trading near its yearly low of $2,400 after an 18% drop from local highs. ETH has notably underperformed compared to Bitcoin and other altcoins like Solana this cycle, leading to investor concerns. One of the key reasons for this underperformance is the lack of enthusiasm surrounding Ethereum ETFs. Metrics from these funds show…
Ethereum (ETH) Triangle Formation Hints At A Double Bottom: Breakout and New ATH? Read More »
Much like Bitcoin, Ethereum has faced significant challenges in recent months, struggling to sustain any major price rally. After reaching a peak of over $4,000 in March, Ethereum has been consistently declining, failing to break out of this bearish trend. So far, the second-largest cryptocurrency by market cap has seen its price drop by over…
Ethereum’s Plunge Could Be Over: This Key Pattern Signals A Rally Back To $4,000 Read More »
Leading Swiss bank Zurich Cantonal Bank is the latest financial entity to enter the crypto waters in Europe, as it unveiled Bitcoin (BTC) and Ethereum (ETH) trading services on September 4, 2024. Swiss Banking Juggernaut To Offer Crypto Services In its press release published today, the bank said its customers can avail 24/7 cryptocurrency trading…
Bitcoin and Ethereum Trading And Custody Services Rolled Out By Swiss Banking Giant ZKB Read More »
Ethereum, the second-largest cryptocurrency by market capitalization, has been under significant pressure in recent weeks. As its price continues to fluctuate, analysts have been observing its market signals to determine whether the current phase is one of accumulation or distribution. According to a recent analysis by CryptoQuant analyst Shayan, the Ethereum exchange reserve metric, which…
Is Ethereum Headed For Trouble? Analyst Warns Of Surging Exchange Reserves Read More »
The Ethereum price action has significantly underperformed traders’ expectations over the past few months. Ethereum is currently trapped in a bearish trend, with its price now down by 23% over a 30-day period. This downturn contrasts sharply with the hopes of many ETH investors who have been anticipating a bullish surge following the launch of…
Road To $5,000: Ethereum Maintains Similarities With 2016 Price Movements Read More »
Ethereum (ETH) has been trading within a daily range between $2,300 and $2,800 since the start of August. Over the past three days, the price has struggled to break past the $2,600 mark, raising concerns among analysts and investors. This performance has led to disappointment, particularly when compared to Bitcoin’s stronger showing this year. Critical…
Ethereum (ETH) Struggles To Break Past $2,600: What’s Driving ETH Down? Read More »
