Ethereum Price Picks Up Speed: Recovery in Full Swing

Ethereum price started a decent recovery wave above the $3,240 zone. ETH is rising and facing hurdles near the $3,480 zone. Ethereum started a minor recovery wave above the $3,240 zone. The price is trading above $3,320 and the 100-hourly Simple Moving Average. There was a break above a short-term contracting triangle with resistance at…

Ethereum Price Losses Steady: Is a Rebound Brewing?

Ethereum price started a minor recovery wave above the $3,200 zone. ETH is struggling and might continue to move down if it stays below $3,320. Ethereum started a minor recovery wave from the $3,160 zone. The price is trading below $3,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming…

Ethereum Exchange Outflows Hits 2-Month High With $1.4 Billion Withdrawn, What This Means

New reports have revealed a massive exodus of Ethereum (ETH) tokens from various crypto exchanges. IntoTheBlock’s on-chain data shows that over $1.4 billion worth of Ethereum has been withdrawn from exchanges. This large-scale ETH outflow marks one of the largest in recent months, signaling a potential shift in investor behavior. Ethereum Exchanges See Massive Outflows…