Tag Archives: ETHUSDT

Ethereum Open Interest Hits Record High Of $17 Billion — Bearish Or Bullish For ETH Price?

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The price of Ethereum has been on a remarkable run in the past week, returning above the $3,500 level for the first time since July 2024. This single-week performance represents a change in the fortunes of the “king of altcoins,” which somewhat slowed down after a great start to the month of November. While the… Continue reading Ethereum Open Interest Hits Record High Of $17 Billion — Bearish Or Bullish For ETH Price?→

Ethereum Struggles Below $3,659 Resistance: Is Momentum Fading?

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Ethereum is grappling with a critical resistance level at $3,659 as momentum appears to wane. After a period of steady gains, the cryptocurrency has moved into a consolidation phase, with bulls struggling to push it higher. The pause has raised questions about whether Ethereum’s rally is losing steam or simply gearing up for its next… Continue reading Ethereum Struggles Below $3,659 Resistance: Is Momentum Fading?→

Ethereum Price Strengthens Base: A Springboard for More Gains?

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Ethereum price is holding gains above the $3,500 zone. ETH is consolidating and might soon aim for a move above the $3,600 resistance zone. Ethereum started a downside correction from the $3,685 zone. The price is trading above $3,520 and the 100-hourly Simple Moving Average. There is a connecting bearish trend line forming with resistance… Continue reading Ethereum Price Strengthens Base: A Springboard for More Gains?→

Ethereum Breaks Resistance Levels, Analyst Predicts Room For More Growth

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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’

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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 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→

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

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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?

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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?

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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?→