Ethereum Breaks Resistance Levels, Analyst Predicts Room For More Growth

Ethereum is finally seeing a notable rebound in its price as the second-largest cryptocurrency by market capitalization, which continues to break through significant resistance levels. Following its upward trajectory, seeing a nearly 10% increase in the past week, discussions about Ethereum potentially reaching a new all-time high by the year’s end have gained momentum. Notably, aligning with the ongoing… Continue reading Ethereum Breaks Resistance Levels, Analyst Predicts Room For More Growth

Ethereum Open Interest Sets New Record, Analyst Says Fireworks ‘Guaranteed’

Data shows the Ethereum Open Interest has recently observed a sharp jump to a new all-time high (ATH) of around $16.8 billion. Ethereum Open Interest Has Shot Up Recently In a new Open Interest” here is an indicator that keeps track of the total amount of ETH-related derivatives positions currently open on all centralized exchanges.… Continue reading Ethereum Open Interest Sets New Record, Analyst Says Fireworks ‘Guaranteed’

Ethereum Price On The Verge Of Repeating 2017-2021 Cycle Breakout, Target Above $20,000

While Bitcoin (BTC) has reached new all-time highs this month, the Ethereum price has failed to experience a significant rally, befitting its position as the second-largest cryptocurrency by market capitalization. However, a crypto analyst suggests that this bearish price action could soon end, as Ethereum (ETH) appears to be repeating its breakout pattern from the… Continue reading Ethereum Price On The Verge Of Repeating 2017-2021 Cycle Breakout, Target Above $20,000

Ethereum Eyes $3,900 – Key Resistance Break Could Spark A Surge

Ethereum has been making waves in the crypto market, reaching its highest levels since June after hitting a local high of $3,688 just hours ago. This impressive price action has sparked excitement among investors and analysts, with many anticipating further surges in the coming hours. Ethereum is now eyeing a breakout above its yearly highs,… Continue reading Ethereum Eyes $3,900 – Key Resistance Break Could Spark A Surge

Altcoins See Massive Inflows Amid Bitcoin’s Record Rally, But 2021 Bubble Warnings Persist

Amid a significant uptrend in crypto prices, altcoins are beginning to outperform Bitcoin (BTC), marking a notable shift since the historic highs of 2021. This surge coincides with Bitcoin nearing an all-time high of $100,000, fueled by the presidential election victory of Donald Trump, who positions himself as a pro-crypto leader. However, Bloomberg reports that… Continue reading Altcoins See Massive Inflows Amid Bitcoin’s Record Rally, But 2021 Bubble Warnings Persist

Ethereum Price Maintains Strength at $3,250: Upside Ahead?

Ethereum price remained supported above the $3,220 zone. ETH is consolidating and might aim for a move above the $3,400 resistance. Ethereum started a fresh increase from the $3,250 support zone. The price is trading above $3,350 and the 100-hourly Simple Moving Average. There was a break above a connecting bearish trend line with resistance… Continue reading Ethereum Price Maintains Strength at $3,250: Upside Ahead?

Ethereum Price Steadies: Bulls Ready for The Next Move?

Ethereum price started a fresh increase above the $3,400 zone. ETH is consolidating and might aim for a move above the $3,500 resistance. Ethereum started a fresh increase above the $3,320 and $3,400 levels. The price is trading above $3,400 and the 100-hourly Simple Moving Average. There is a key bullish trend line forming with… Continue reading Ethereum Price Steadies: Bulls Ready for The Next Move?

ETH/BTC’s 8-Year Cycle Chart Shows How High Ethereum Price Can Go This Cycle

Recent analysis suggests that the Ethereum price may be operating on an 8-year cycle, diverging from Bitcoin’s established 4-year cycle. This would explain the sheer underperformance of the Ethereum price in relation to the Bitcoin price since the beginning of the year. Keeping this in mind, technical analysis suggests that the Ethereum price still has… Continue reading ETH/BTC’s 8-Year Cycle Chart Shows How High Ethereum Price Can Go This Cycle

Ethereum Price Poised for Gains: $3,600 Within Reach?

Ethereum price started a fresh increase above the $3,320 zone. ETH is rising and aiming for more gains above the $3,500 resistance. Ethereum started a fresh increase above the $3,300 and $3,320 levels. The price is trading above $3,300 and the 100-hourly Simple Moving Average. There is a short-term bearish trend line forming with resistance… Continue reading Ethereum Price Poised for Gains: $3,600 Within Reach?

Ethereum Analyst Predicts $3,700 Once ETH Breaks Through Resistance

Ethereum has been trading at its highest levels since late July, hovering around $3,470. This marks a significant rebound for the second-largest cryptocurrency, which has managed to hold above the crucial 200-day moving average (MA) at $2,965. By maintaining this level, Ethereum confirmed a bullish price structure, paving the way for continued momentum as it… Continue reading Ethereum Analyst Predicts $3,700 Once ETH Breaks Through Resistance