Following a crucial week for Ethereum, there is a technical candlestick arrangement that indicates a possible sharp upturn in ETH prices in the upcoming weeks and months. One analyst pointed out events in the monthly chart where the ETH/BTC ratio reversed from a multi-year support trend line. This is significant because altcoin prices typically react
Ethereum
The recent approval of the Ethereum Spot ETF has sparked a wave of speculations regarding the potential performance of these funds once they hit the trading floor. Analysts and experts in the industry have shared their thoughts and predictions on the level of investments these ETFs could attract, particularly in comparison to their Bitcoin-based counterparts.
In recent days, Ethereum has been trading within a consolidation zone with prices fluctuating between $3,949 and $3,627. This consolidation phase follows a significant rally that occurred a few days ago, leading to a price surge of over 10%. The movement of prices within this range indicates that Ethereum is building momentum for a potential
The cryptocurrency market is abuzz with speculation and anticipation surrounding the approval of spot Ethereum ETFs. Thomas Fahrer, co-founder of Apollo, a firm focused on Bitcoin adoption, has issued a stark warning about the potential market dynamics that could follow this development. According to Fahrer, the transition might not be smooth for Ethereum, and investors
Ethereum whales have been making waves in the market recently, according to on-chain data. The Number of Large Transactions metric, which tracks Ethereum transactions valued at over $100,000, has been on the rise. This surge in large transactions indicates that whale entities are actively moving their assets around. With the recent news of potential ETH
In a bold and attention-grabbing prediction, Titan of Crypto, a renowned cryptocurrency trader, has set his sights on Ethereum (ETH) experiencing a significant rally to unprecedented heights. With a next price target of $5,300 for the popular crypto asset, Titan of Crypto has stirred the interest of the crypto community. This forecast is based on
The recent surge in Bitcoin and Ethereum prices has led to short-term traders facing significant liquidations. Over the past 24 hours, more than $330 million has been liquidated from the crypto market, with the majority of these liquidations coming from short traders expecting prices to fall. This has resulted in over 78,000 crypto traders seeing
Ethereum, the second-largest cryptocurrency by market capitalization, is currently on the brink of a crucial moment as analysts predict a potential breakout. One prominent crypto analyst, Jelle, recently pointed out that Ethereum is nearing the end of a falling wedge pattern, which is typically considered a bullish signal in technical analysis. This pattern emerged as
A crypto analyst, known as ‘Yoddha’, has recently made a bold prediction regarding the future of Ethereum (ETH). According to Yoddha, Ethereum is poised for a significant rally that will see its price soar above $10,000 by the end of the year. This prediction is based on historical trends observed in Ethereum’s price movements from
Recently, Ethereum (ETH) has been showing signs of a potential rebound, catching the attention of analysts. One analyst in particular, Ali, has pointed out a significant technical signal that indicates a price surge may be on the horizon. Ali’s analysis of the TD Sequential indicator on Ethereum’s daily chart has revealed a strong buy signal.
