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ETH – Page 31 – BitcoTasks BLOG
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Ethereum On-Chain Health Holds Strong Amidst Open Interest Plunge – Impact On Price

Cryptocurrency Market News

Ethereum (ETH) stands as a bellwether for the industry’s ebbs and flows. As of press time, Ethereum was trading at $3,174, its price trying to reach the crucial $3,000 mark. However, beneath the surface of these seemingly stable waters lies a complex interplay of market forces and investor sentiment. Ether’s Challenging Trajectory Since last week,…

Ethereum On-Chain Health Holds Strong Amidst Open Interest Plunge – Impact On Price Read More »

Ethereum Price Signals Reversal and $3,400 Is Imminent, Here’s Why

Eth

Ethereum price is gaining pace above the $3,120 resistance zone. ETH could continue to move up unless there is a daily close below the $3,030 level. Ethereum extended its increase above the $3,150 resistance zone. The price is trading above $3,150 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming…

Ethereum Price Signals Reversal and $3,400 Is Imminent, Here’s Why Read More »

Ethereum To See Fresh Move Soon? What Futures Data Says

Ethereum

Data shows the Ethereum Open Interest has been trading at relatively low levels recently. Here’s what this could mean for the asset’s price. Ethereum Open Interest Has Been Moving Sideways Since Its Plunge As explained by an analyst in a CryptoQuant Quicktake Open Interest” here refers to the total number of derivative-related contracts open for…

Ethereum To See Fresh Move Soon? What Futures Data Says Read More »

3 Major Metrics To Watch Out For That Can Impact Ethereum Prices

Ethereum

The crypto market has been plagued with increased volatility lately, with the second largest crypto token by market cap, Ethereum (ETH), not exempt. This has made it harder to determine Ethereum’s future trajectory. However, certain metrics indicate what direction ETH’s price could head in when this volatility subsides.  Ethereum Investors Are Bullish Data from Coinglass…

3 Major Metrics To Watch Out For That Can Impact Ethereum Prices Read More »

Ethereum Spot ETFs Approval Skepticism Persists, As ETH Recovers

Ethereum

Ethereum Spot Exchange-Traded Funds (ETFs) approval odds continue to witness notable pessimism as the cryptocurrency space awaits the United States Securities and Exchange Commission’s (SEC) decision on the products scheduled for May. The expectation surrounding the SEC’s decision highlights how important ETF approval is in terms of giving conventional investors more convenient access to Ethereum’s…

Ethereum Spot ETFs Approval Skepticism Persists, As ETH Recovers Read More »

Ethereum Price Hints At Potential Fresh Rally, Buy The Dip?

Eth

Ethereum price is moving higher above the $3,120 resistance zone. ETH could start a fresh rally if it clears the $3,280 resistance zone. Ethereum is recovering higher and approaching the $3,280 resistance zone. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There was a break above two connecting bearish trend lines…

Ethereum Price Hints At Potential Fresh Rally, Buy The Dip? Read More »

Ethereum Enters Accumulation Phase As $500 Million ETH Leave Exchanges

Ethereum

Investors are accumulating Ethereum in droves amidst what could become a return to bullish sentiment for the cryptocurrency. Ethereum is currently ranging around $3,170, with its price undergoing volatility in the past seven days. Amidst this price volatility, on-chain data has revealed an accumulation trend from Ether investors during the week. Additionally, transaction data has…

Ethereum Enters Accumulation Phase As $500 Million ETH Leave Exchanges Read More »

Railgun Among Crypto Market Top Gainers: Why Is RAIL 53% Up?

Cryptocurrency Market News

Recently, the crypto market fluctuations have seen most cryptocurrencies exhibit red numbers. While many remain unfazed by the market dynamics, some sectors of the crypto community have turned more pessimistic, and their bags are seemingly going down instead of up. Despite this, some projects have shown a remarkable performance this week. Among the top gainers…

Railgun Among Crypto Market Top Gainers: Why Is RAIL 53% Up? Read More »

Ethereum Fueled Up: Will 320 Million USDT Inflow Ignite Price Surge?

Ethereum

The winds of change are swirling around Ethereum (ETH), the world’s second-largest cryptocurrency. While the Ethereum network itself is buzzing with activity, the price of ETH has taken a tumble in recent days, leaving investors scratching their heads. A glimmer of hope emerged with Tether’s (USDT) recent movement. Tether, the issuer of the world’s most…

Ethereum Fueled Up: Will 320 Million USDT Inflow Ignite Price Surge? Read More »

Ethereum Price Faces Crucial Test: Will $2,850 Withstand the Pressure?

Eth

Ethereum price is still consolidating near the $3,000 zone. ETH could start a steady increase if the bulls push the price above the $3,100 resistance. Ethereum is still struggling to recover above the $3,100 resistance zone. The price is trading below $3,100 and the 100-hourly Simple Moving Average. There is a key bearish trend line…

Ethereum Price Faces Crucial Test: Will $2,850 Withstand the Pressure? Read More »

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