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ETHUSDT – Page 23 – BitcoTasks BLOG
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Ethereum Price Recovery In Jeopardy? Decoding Major Hurdles To Upside Continuation

Eth

Ethereum price extended its recovery wave above the $3,120 zone. ETH failed to surpass the $3,220 resistance and is currently trimming gains. Ethereum climbed further above the $3,150 and $3,200 levels before the bears appeared. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There was a break below a major bullish…

Ethereum Price Recovery In Jeopardy? Decoding Major Hurdles To Upside Continuation Read More »

Ethereum Burn Rate Hits Yearly Low: What This Means For ETH’s Future

Ethereum

In recent weeks, Ethereum has displayed subtle signs of recovery amidst a generally bearish crypto market, with the altcoin mimicking Bitcoin’s modest uptrend. Despite Ethereum’s price increasing slightly by 0.2% over the last 24 hours, a parallel trend that might significantly affect Ethereum’s economic model has been unfolding beneath the surface. Decline In Network Activity…

Ethereum Burn Rate Hits Yearly Low: What This Means For ETH’s Future Read More »

Ethereum Price Reclaims 100 SMA But Bulls Still Lack Strength To Clear Hurdles

Eth

Ethereum price started a recovery wave above the $3,000 zone. ETH is now above the 100-hourly simple moving average and facing hurdles. Ethereum found support at $2,820 and started a recovery wave. The price is trading above $3,100 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with support at…

Ethereum Price Reclaims 100 SMA But Bulls Still Lack Strength To Clear Hurdles Read More »

Ethereum “Has Been A Major Disappointment”: Trader Weighs In On This Crypto Cycle

Cryptocurrency Market News

This crypto cycle achieved some remarkable feats during Q1 2024, including the highest monthly and quarterly close in Bitcoin (BTC) history. However, BTC suffered a retrace that dragged Ethereum (ETH) and the rest of the crypto market down as the year’s second quarter started. Now that we are one month into Q2, the market faces…

Ethereum “Has Been A Major Disappointment”: Trader Weighs In On This Crypto Cycle Read More »

Ethereum “Has Been A Major Disappointment”: Trader Weights In On This Crypto Cycle

Cryptocurrency Market News

This crypto cycle achieved some remarkable feats during Q1 2024, including the highest monthly and quarterly close in Bitcoin (BTC) history. However, BTC suffered a retrace that dragged Ethereum (ETH) and the rest of the crypto market down as the year’s second quarter started. Now that we are one month into Q2, the market faces…

Ethereum “Has Been A Major Disappointment”: Trader Weights In On This Crypto Cycle Read More »

Ethereum Price Plunges Over 5%, Can Bears Push ETH Under $2,800?

Eth

Ethereum price started another decline and traded below $3,000. ETH must stay above the $2,800 and $2,850 support levels to avoid a major drop. Ethereum started another decline and tested the $2,900 zone. The price is trading below $3,120 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance…

Ethereum Price Plunges Over 5%, Can Bears Push ETH Under $2,800? Read More »

Ethereum Price Prediction: Crypto Expert Says ETH Is Yet To Bottom Against Bitcoin

Ethereum

A crypto analyst has predicted when Ethereum, the world’s second-largest cryptocurrency, will bottom against Bitcoin, however, under certain conditions.  Analyst Predicts ETH/BTC Bottom Timeline In a recent X (formerly Twitter) post, crypto analyst and founder of ITC Crypto, Benjamin Cowen, shared his forecast regarding the Ethereum to Bitcoin price ratio, projecting the timeline for when…

Ethereum Price Prediction: Crypto Expert Says ETH Is Yet To Bottom Against Bitcoin Read More »

Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $3.5K

Eth

Ethereum price struggled to recover above $3,350 and corrected gains. ETH is consolidating near $3,200 and facing many hurdles. Ethereum started another decline and tested the $3,120 zone. The price is trading below $3,220 and the 100-hourly Simple Moving Average. There is a short-term rising channel forming with support at $3,170 on the hourly chart…

Ethereum Price Topside Bias Vulnerable If It Continues To Struggle Below $3.5K Read More »

EigenLayer Makes A Big Splash With EIGEN Token Launch And Major Airdrop Plan, Get The Full Scoop!

Cryptocurrency Market News

EigenLayer, a decentralized restaking protocol built on Ethereum (ETH), has made significant announcements, paving the way for new developments within the crypto ecosystem.  The protocol unveiled its native token, EIGEN, which the newly formed Eigen Foundation will distribute. Alongside this, EigenLayer introduced a major plan for an airdrop and released a comprehensive new Whitepaper. EigenLayer…

EigenLayer Makes A Big Splash With EIGEN Token Launch And Major Airdrop Plan, Get The Full Scoop! Read More »

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