Tag Archives: ethereum news

Ethereum Risk-Reward Ratio Is Now Attractive, Brokerage Firm Explains

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Ethereum (ETH) now offers an attractive risk-reward ratio, according to analysts at research and brokerage firm Bernstein. Despite underperforming compared to other major cryptocurrencies like Bitcoin (BTC), Solana (SOL), and XRP for most of 2024, Ethereum’s strong fundamentals may set the stage for a potential rally. Why Is Ethereum Struggling? Bernstein Analysts Explain  Ethereum, the… Continue reading Ethereum Risk-Reward Ratio Is Now Attractive, Brokerage Firm Explains→

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

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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→

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

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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→

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

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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 Analyst Predicts $3,700 Once ETH Breaks Through Resistance

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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→

Spot Ethereum ETFs End 6-Day Drought With $90 Million Inflow — Will Ether Price Respond?

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Investor interest in the spot Ethereum ETFs (exchange-traded funds) appeared to have waned after failing to register a net inflow day for six consecutive days. However, the cryptocurrency products ended the week on a high with a substantial capital influx on Friday, November 22. This capital inflow represents a shift in investor sentiment, which has… Continue reading Spot Ethereum ETFs End 6-Day Drought With $90 Million Inflow — Will Ether Price Respond?→

Massive Ethereum Buying Spree – Taker Buy Volume hits $1.683B In One Hour

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Ethereum surged over 10% yesterday, marking an impressive recovery alongside a very bullish day for the entire crypto market. This surge has reignited investor optimism, especially as Ethereum approaches its yearly highs.  Key data from CryptoQuant highlights a significant bullish signal: Ethereum’s Taker Buy Volume hit an astonishing $1.683 billion in a single hourly candle.… Continue reading Massive Ethereum Buying Spree – Taker Buy Volume hits $1.683B In One Hour→

Bitcoin ATH Drags ETH/BTC To Lowest Point In 3 Years – What’s Next For Ethereum?

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As Bitcoin (BTC) reached a new all-time high (ATH) of $98,310 today, the ETH/BTC trading pair fell to multi-year lows, raising questions about the relative strength of Ethereum (ETH), the second-largest digital asset. What’s Causing Ethereum’s Underperformance Against Bitcoin? Bitcoin’s new ATH earlier today brings it within $2,000 of the coveted $100,000 mark. However, BTC’s… Continue reading Bitcoin ATH Drags ETH/BTC To Lowest Point In 3 Years – What’s Next For Ethereum?→

Analyst Reveals When The Ethereum Price Will Reach A New ATH, It’s Closer Than You Think

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The Ethereum price has been consolidating for about a week since it hit a four-month high at $3,420. As the second largest cryptocurrency, Ethereum has the biggest price correlation with Bitcoin. However, you could argue the Ethereum price has been largely left behind in terms of performance throughout the ongoing bull cycle. Interestingly, a crypto… Continue reading Analyst Reveals When The Ethereum Price Will Reach A New ATH, It’s Closer Than You Think→

Ethereum Consolidation Continues – Charts Signal Potential Breakout

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Ethereum (ETH) has consolidated since November 12, when it hit a local high of $4,446. Despite Bitcoin’s impressive rally capturing market attention, Ethereum has struggled to maintain upward momentum and reclaim its yearly highs. The price action reflects a period of indecision, as ETH faces challenges in breaking through significant resistance levels that could reignite… Continue reading Ethereum Consolidation Continues – Charts Signal Potential Breakout→