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ETHUSDT – Page 3 – BitcoTasks BLOG
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Ethereum Price Eyes Bullish Momentum: Is a Breakout Imminent?

Eth

Ethereum price is attempting a fresh increase wave above $2,300. ETH might gain bullish momentum if it clears the $2,400 resistance zone. Ethereum is attempting a recovery wave above the $2,300 zone. The price is trading above $2,330 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support at…

Ethereum Price Eyes Bullish Momentum: Is a Breakout Imminent? Read More »

Ethereum In 3 Months: Legendary Analyst Reveals Prediction For December

Ethereum

Much like Bitcoin (BTC), the price of Ethereum (ETH) has been trading significantly sideways lately. Due to this downtrend, a legendary crypto analyst has offered some insights into Ethereum’s price movements, predicting that in the next three months, the pioneer altcoin could see its price hit a bottom.  Ethereum To Hit Price Bottom By December…

Ethereum In 3 Months: Legendary Analyst Reveals Prediction For December Read More »

Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH?

Ethereum

Ethereum, the second-largest cryptocurrency by market capitalization, has been experiencing noteworthy movements in its derivatives markets. Particularly, according to a recent analysis by a CryptoQuant analyst known as ‘Heisenberg,’ the netflow of Ethereum on derivative exchanges has seen a significant negative shift, exceeding 40,000 ETH. Ethereum Derivative Market Outflow: What It Means For ETH Heisenberg…

Ethereum Sees Massive Outflows from Derivatives: What Does This Mean For ETH? Read More »

Analyst Predicts $4,000 Mid-Term Target for Ethereum, Declares End to ETH Correction

Ethereum

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 »

Crypto Investor Loses $16 Million Amid Friend.tech’s Controversy And Token Crash

Cryptocurrency Market News

Crypto social media platform Friend.tech faced backlash after a controversial decision by its team. The platform’s native token, FRIEND, plummeted over 42%, reaching its all-time low (ATL) price amid the controversy. As a result, an Ethereum (ETH) whale saw its investment in the token drop by over 95%. Friend.tech Loses Investors’ Trust Over the weekend,…

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Ethereum Price Recovers Higher But Lacks Bullish Drive To Test $2,500

Eth

Ethereum price is attempting a recovery wave above $2,320. ETH might struggle to gain pace for a move toward the $2,500 resistance zone. Ethereum is attempting a recovery wave above the $2,250 zone. The price is trading above $2,320 and the 100-hourly Simple Moving Average. There is a connecting bullish trend line forming with support…

Ethereum Price Recovers Higher But Lacks Bullish Drive To Test $2,500 Read More »

Ethereum Forms Falling Wedge Pattern That Could Send Price To $3,000

Ethereum

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 Enters Oversold Territory, Can The Pump Send It To $6,000?

Ethereum

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 Price Poised for Steady Recovery: Can It Build Momentum?

Eth

Ethereum price is attempting a recovery wave above $2,380. ETH must clear the $2,440 resistance to continue higher in the near term. Ethereum is attempting a recovery wave from the $2,350 zone. The price is trading below $2,440 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance at…

Ethereum Price Poised for Steady Recovery: Can It Build Momentum? Read More »

What Was Behind The Bitcoin And Ethereum Price Crash?

Bitcoin

Bitcoin (BTC) and Ethereum (ETH) have started September in the red, having already suffered price declines since the beginning of the month. This bearish sentiment towards the foremost cryptocurrencies and, by extension, the broader crypto market is due to several macroeconomic factors. Market Still Feeling The Effects Of The Yen Carry Trade Recent developments suggest…

What Was Behind The Bitcoin And Ethereum Price Crash? Read More »

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