Ethereum has been struggling to reclaim the crucial 200-day MA of $2.7K, with the price roughly forming a double-top pattern. The recent price action hints at potential corrective consolidation toward the $2.2K threshold, before attempting a breakout. Technical Analysis The Daily Chart The rally crashed into the wall near $2.7K – the 200-DMA level – this week. The sellers swarmed, …
Read More »Ethereum is trading close to $2,480 because it could not move past $2,738 and the 0.382 Fib level. Momentum is weakening by Stochastic RSI and MACD standards “$2,450: Threshing floor or abyss? Some traders are fully expecting a bounce while others are ready for a gouge to $2,300.” Ethereum Hints at Imminent Surge: Will History Repeat? Ethereum now makes a …
Read More »*Ethereum price hovers above $2,500 on Friday after soaring nearly 100% since early April’s bottom.* Pectra’s Power Surge: 11,000 Ethereum Wallets & dApps Have Adopted This New Authorization Standard in Just One Week! This ETH upgrade is a catalyst for speedy adoption, indicating a very loud adoption about a loud change in how we use the blockchain. *The growing stablecoin …
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Ethereum has experienced a week-long rally, pushing its price closer to the anticipated $3,000 milestone. However, this surge faces resistance from notable investors selling, putting pressure on the crypto asset’s continued upward momentum. Ethereum Investors Increase Selling Pressure The pulse of Ethereum is accelerating. Liveliness, the classic long-term holder behavioral index, spiked up heavy for the first time in three …
Read More »Key Insights: Solana Price eyes rally as SOL TVL now exceeds all Ethereum layer-2 networks combined. DApp fee revenue boosts SOL demand amid rising staking participation. Analysts warn ETH may outperform SOL in the coming months. Having fired its price up by 25% in just five days, Solana’s price is skyrocketing! It leapt from $147 on May 6th to a …
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Ethereum’s surge positions it as a top global asset, outpacing giants like Coca-Cola and Alibaba. Key Takeaways Ethereum’s price surged nearly 50% to over $2,700 after the Pectra upgrade. Abraxas Capital acquired 211,030 ETH valued at approximately $477 million post-upgrade. An almost 50% price surge from the $2,700 region was witnessed in Ethereum on whispers of the Pectra upgrade one …
Read More »No more sleeping for Ethereum! After more than a couple of weeks of boring and dull trading, the sleeping giant is awake. Strong buyers grabbed the opportunity to take Ethereum up beyond $2,200. In just seven days, prices skyrocketed by 32%. And what fed this inferno? The triumphant return of Bitcoin into six-figure territory has set the motion for the …
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Bitcoin’s grasp over the crypto throne is weakening as altcoins smell the opportunities. At one time, Bitcoin commanded more than 65% of the merchant capital; now it stands at a much lower 63.39%. Is this truly just a temporary stumble, or is it the dawn of another alternative-coin age? The investors are betting on the latter; hence, the increased interest …
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The crypto trader Coinvo asserted recently on X, “ETH is insanely undervalued.” Could there be something in his theory? Delving into the blockchain tells a compelling story. Despite the general price action of ETH lately, accumulation addresses keep stacking sats. Are these smart money investors witnessing something that all of us are missing? On-chain data certainly says “yes.” Ethereum May …
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Key Insights: Long-term ETH price holders increased wallets by 22%, lowering cost basis despite unrealized losses. Ethereum nears breakout zone with RSI neutral, volume rising, and Bollinger Bands tightening. Options volume surges 75% as traders position long ahead of Pectra upgrade and market movement. Something went wrong. Please try again. During an epoch when the price of Ethereum underwent some …
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