Ethereum – Page 32 – BitcoTasks BLOG

Expert Sets Timeline For When Ethereum Price Will Begin Rally To $10,000

May 17, 2024

A crypto analyst has made a daring prediction for Ethereum (ETH), setting the timeline for when the world’s second-largest cryptocurrency would embark on a significant rally to new all-time highs above $10,000. Here’s When Ethereum Will Reach $10,000 A crypto analyst identified as ‘Yoddha,’ on X (formerly Twitter) has Ethereum is expected to rally massively…

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Ethereum Price Undergoes Technical Correction: Market Adjusts After Recent Increase

May 17, 2024

All

Ethereum price tested the $3,040 zone and corrected gains. ETH is now testing the $2,925 support and might aim for a fresh increase. Ethereum started a downside correction after the bears defended $3,040. The price is trading below $2,960 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance…

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ICP Price Drops 10% As DFINITY Foundation Unveils Updated Internet Computer Roadmap

May 16, 2024

Cryptocurrency Market News

The DEFINITY Foundation, the company behind developing the Internet Computer protocol, has recently unveiled an updated roadmap to facilitate increased artificial intelligence (AI) blockchain adoption. As the native token of the network, ICP continues to lead among AI tokens and holds the 22nd position in the top 100 cryptocurrencies. However, recent price drops have prompted…

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Whale Watch: Ethereum Fresh Buy Signal Sparks Speculation

May 16, 2024

Cryptocurrency Market News

The Ethereum market has been a whirlwind of activity in recent days. After a brutal price correction last week, the world’s second-largest cryptocurrency by market capitalization has staged a mini-rebound, leaving investors wondering if this is the start of a sustained bull run or a fleeting flicker before another dip. Ethereum Rallies, But Questions Linger…

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Ethereum Price Recovery Trails Behind Bitcoin’s Surge in Crypto Rebound

May 16, 2024

Eth

Ethereum price recovered above the $2,920 resistance. ETH is trailing Bitcoin and might struggle to continue higher above the $3,050 resistance. Ethereum started a recovery wave and even climbed above $3,000. The price is trading above $2,950 and the 100-hourly Simple Moving Average. There was a break above a key bearish trend line with resistance…

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Ethereum Bulls On The Rise? Crucial Indicator Point To A Major Upturn

May 16, 2024

Ethereum

Ethereum (ETH), the second-largest crypto by market capitalization, has recently shown signs that suggest a potential rebound is on the horizon. Analysts have been closely monitoring various technical indicators, and one such analyst, Ali, has impending price surge. TD Sequential Signals Buy As Ethereum Eyes Recovery According to Ali’s social media platform X analysis, the…

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Ethereum Bull Flag Breakout: ATH On The Horizon As Major Metrics Turn Bullish

May 15, 2024

Ethereum

Crypto analyst Javon Marks has highlighted several metrics that have turned bullish for Ethereum (ETH). The analyst noted that one of these metrics suggests an all-time high (ATH) for the second-largest crypto token. Bullish Metrics For Ethereum Marks remarked in an X (formerly Twitter) post that the bull flag-like price structure has formed on the…

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Ethereum Price Anticipates Upside Break To Shift Sentiment Towards Bullish

May 15, 2024

Eth

Ethereum price is eyeing an upside break above the $2,900 level. ETH must settle above $2,900 and $2,940 to continue higher in the near term. Ethereum is forming a base above the $2,860 support zone. The price is trading below $2,950 and the 100-hourly Simple Moving Average. There is a key bearish trend line forming…

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Bitcoin, Ethereum, And Solana: Galaxy Digital CEO Predicts Next Market Movements

May 14, 2024

Bitcoin News

Mike Novogratz, the CEO and founder of Galaxy Digital, shared his insights on the current state of the cryptocurrency market. According to Bloomberg, Novogratz predicts that Bitcoin (BTC) will likely remain within a relatively narrow trading range for the current quarter as the adoption of cryptocurrencies in traditional finance continues to evolve. Stagnant Crypto Market Per…

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Is Ethereum Set For A Major Rally? Options Traders Bet Big On $3,600+ Targets For June

May 14, 2024

Ethereum

Ethereum (ETH) options for June show a marked interest in higher strike prices, focusing on levels exceeding $3,600. Data from Deribit reveals a concentrated bet among traders on calls surpassing this price, indicating a bullish sentiment toward Ethereum’s near-term trajectory. The most favored strike price among these optimistic bets is an ambitious $6,500. Options Market…

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Bullish On Ethereum: Analyst Predicts Crypto’s Imminent Takeoff

May 14, 2024

Cryptocurrency Market News

Ethereum (ETH), the world’s second-largest cryptocurrency by market capitalization, has been a rollercoaster ride for investors lately. After dipping below $2,820, it surged to over $3,200, only to retrace some of those gains. However, analysts remain optimistic, citing technical indicators and a key regulatory decision on the horizon as potential catalysts for a near-term price…

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